2023
Exports
$510MWorld Rnk 27 / 221
Flag Rnk 9 / 1197
2023
PRODUCT COMPLEXITY IN Excavation Machinery
1.14Rnk 128 / 1025
2023
Imports
$206MWorld Rnk 51 / 224
Flag Rnk 39 / 1212
2023
ECONOMIC COMPLEXITY of Slovenia
1.48Rnk 12 / 132

About

Exports In 2023, Slovenia exported $510M in Excavation Machinery, making it the 27th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 9th most exported product in Slovenia. The main destination of Excavation Machinery exports from Slovenia are: Austria ($215M), Germany ($196M), Italy ($12.7M), France ($12M), and Bosnia and Herzegovina ($11.3M).

The fastest growing export markets for Excavation Machinery of Slovenia between 2022 and 2023 were Austria ($29.3M), Germany ($24.3M), and Bosnia and Herzegovina ($3.05M).

Imports In 2023, Slovenia imported $206M in Excavation Machinery, becoming the 51st largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 39th most imported product in Slovenia. Slovenia imports Excavation Machinery primarily from: Bosnia and Herzegovina ($46.6M), Germany ($33.9M), Austria ($21M), Bulgaria ($20M), and Italy ($19.3M).

The fastest growing import markets in Excavation Machinery for Slovenia between 2022 and 2023 were Bosnia and Herzegovina ($15.8M), Germany ($6.04M), and Croatia ($3.29M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$510M
IMPORTS (2023)$206M
NET TRADE (2023)$304M

In 2023, Slovenia exported $510M in Excavation Machinery. The main destinations of Slovenia exports on Excavation Machinery were Austria ($215M), Germany ($196M), Italy ($12.7M), France ($12M), and Bosnia and Herzegovina ($11.3M).

In 2023, Slovenia imported $206M in Excavation Machinery, mainly from Bosnia and Herzegovina ($46.6M), Germany ($33.9M), Austria ($21M), Bulgaria ($20M), and Italy ($19.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Slovenia WERE (2022 - 2023):
Austria$29.3M (15.8%)
Germany$24.3M (14.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Slovenia WERE (2022 - 2023):
Indonesia-$1.67M (-26.5%)
United States-$1.35M (-29.1%)
Spain-$1.34M (-77.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovenia's main exporting competitors in Excavation Machinery were:
In 2023, Slovenia's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $15M
TOP IMPORT POTENTIALItaly+ $9.53M

Excavation Machinery’s highest export potential is Italy. With an export gap of $15M.   Excavation Machinery’s highest import potential is Italy with an import gap of $9.53M.

See methodology.

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