2023
Flag  
GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
 GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC 
$5,070CURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195
2023
Flag
GDP PC
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Ukraine-Slovenia Trade: In 2023, Ukraine exported $81.5M to Slovenia. The main products that Ukraine exported to Slovenia were Hot-Rolled Iron ($10.9M), Locomotive Parts ($9.68M), and Corn ($6.74M). Over the past 5 years the exports of Ukraine to Slovenia have increased at an annualized rate of 11.1%, from $48.2M in 2018 to $81.5M in 2023.

In 2023, Ukraine did not export any services to Slovenia.

Slovenia-Ukraine Trade: In 2023, Slovenia exported $253M to Ukraine. The main products that Slovenia exported to Ukraine were Packaged Medicaments ($90.8M), Refined Petroleum ($15.7M), and Uncoated Paper ($10.5M). Over the past 5 years the exports of Slovenia to Ukraine have increased at an annualized rate of 4.51%,  from $194M in 2018 to $253M in 2023.

In 2000, Slovenia exported services to Ukraine worth $1.01M, with Travel ($492k), Other business services ($351k), and Transportation ($69.8k) being the largest in terms of value.

Comparison: In 2023,  Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ukraine exported $81.5M to Slovenia. The main products exported from Ukraine to Slovenia were Hot-Rolled Iron ($10.9M), Locomotive Parts ($9.68M), and Corn ($6.74M). During the last 5 years the exports of Ukraine to Slovenia have increased at an annualized rate of 11.1%, from $48.2M in 2018 to $81.5M in 2023.

In 2018, Slovenia exported $253M to Ukraine. The main products exported from Slovenia to Ukraine were Packaged Medicaments ($90.8M), Refined Petroleum ($15.7M), and Uncoated Paper ($10.5M). During the last 5 years the exports of Slovenia to Ukraine have increased at an annualized rate of 4.51%, from $194M in 2023 to $253M in 2018.

Exports from Ukraine (Flag) to Slovenia (Flag) (2023)

Exports from Slovenia (Flag) to Ukraine (Flag) (2023)

Latest Data

Trade between Ukraine (Flag) and Slovenia (Flag)

Ukraine Exports

Slovenia Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$4.83B
Slovenia
Top Destination
Switzerland$13.5B

This map shows whether countries import more from Ukraine or Slovenia. Each country is colored based on the difference in imports they receive from Ukraine and Slovenia or the difference in the growth in imports.

In 2023, countries that imported more from Ukraine than Slovenia included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

In 2023, countries that imported more from Slovenia than Ukraine included Switzerland ($13.5B), Germany ($7.21B), and Croatia ($4.85B).

Difference in imports from Slovenia (Flag) and Ukraine (Flag) (2023)

Comparative Advantage Ukraine - Slovenia

Flow
Scale

This chart compares trade between Ukraine and Slovenia by product, considering products traded by both, Ukraine and Slovenia.

During 2023, Ukraine had a large net trade with Slovenia in the exports of Metals ($18.6M), Transportation ($11.5M), and Vegetable Products ($10.5M).

During 2018, Slovenia had a large net trade with Ukraine in the exports of Chemical Products ($125M), Machines ($44.4M), and Paper Goods ($20M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Slovenia+$3.83MInsulated Wire
Top Product Potential Slovenia Ukraine+$17.8MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ukraine and Slovenia. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Slovenia (Flag) (2023)

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