Denmark (DNK) and Slovenia (SVN) Trade | The Observatory of Economic Complexity

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Denmark-Slovenia Trade: In 2023, Denmark exported $195M to Slovenia. The main products that Denmark exported to Slovenia were Packaged Medicaments ($31.9M), Valves ($10.3M), and Vaccines, blood, antisera, toxins and cultures ($8.84M). Over the past 5 years the exports of Denmark to Slovenia have increased at an annualized rate of 8.37%, from $130M in 2018 to $195M in 2023.

In 2020, Denmark exported services to Slovenia worth $78M, with Transportation ($50.8M), Computer and information services ($10.3M), and Other business services ($4.91M) being the largest in terms of value.

Slovenia-Denmark Trade: In 2023, Slovenia exported $471M to Denmark. The main products that Slovenia exported to Denmark were Packaged Medicaments ($87M), Valves ($63.4M), and Other Heating Machinery ($33.1M). Over the past 5 years the exports of Slovenia to Denmark have increased at an annualized rate of 4.15%, from $369M in 2018 to $471M in 2023.

In 2020, Slovenia exported services to Denmark worth $76.3M, with Transportation ($54.5M), Other business services ($12.1M), and Travel ($3.88M) being the largest in terms of value.

Comparison: In 2023, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Denmark exported $195M to Slovenia. The main products exported from Denmark to Slovenia were Packaged Medicaments ($31.9M), Valves ($10.3M), and Vaccines, blood, antisera, toxins and cultures ($8.84M). During the last 5 years the exports of Denmark to Slovenia have increased at an annualized rate of 8.37%, from $130M in 2018 to $195M in 2023.

In 2018, Slovenia exported $471M to Denmark. The main products exported from Slovenia to Denmark were Packaged Medicaments ($87M), Valves ($63.4M), and Other Heating Machinery ($33.1M). During the last 5 years the exports of Slovenia to Denmark have increased at an annualized rate of 4.15%, from $369M in 2023 to $471M in 2018.

Exports from Denmark () to Slovenia () (2023)

Exports from Slovenia () to Denmark () (2023)

Latest Data

Trade between Denmark () and Slovenia ()

Denmark Exports

Date

Slovenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Denmark
Top DestinationGermany$14.8B

Slovenia
Top DestinationSwitzerland$13.5B

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

In 2023, countries that imported more from Denmark than Slovenia included Sweden ($11.2B), United States ($12B), and Germany ($14.8B).

In 2023, countries that imported more from Slovenia than Denmark included Switzerland ($13.5B), Croatia ($4.85B), and Austria ($3.38B).

Difference in imports from Slovenia () and Denmark () (2023)

Comparative Advantage Denmark - Slovenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Denmark had a large net trade with Slovenia in the exports of Machines ($50.1M), Chemical Products ($48.8M), and Plastics and Rubbers ($16.9M).

During 2018, Slovenia had a large net trade with Denmark in the exports of Machines ($202M), Chemical Products ($113M), and Metals ($35M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Denmark Slovenia+$29.1MPackaged Medicaments

Top Product Potential Slovenia Denmark+$36.6MPackaged 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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Bilateral Service Trade

Svn Year

Dnk Year

In 2020, Denmark exported services to Slovenia worth $78M, with Transportation ($50.8M), Computer and information services ($10.3M), and Other business services ($4.91M) being the largest in terms of value.

In 2020, Slovenia exported services to Denmark worth $76.3M, with Transportation ($54.5M), Other business services ($12.1M), and Travel ($3.88M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark () to Slovenia () (2020)

Services Exports from Slovenia () to Denmark () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Denmark () to Slovenia () (2023)

Exports from Slovenia () to Denmark () (2023)

Latest Data

Trade between Denmark () and Slovenia ()

Denmark Exports

Slovenia Exports

Market Competitiveness

Difference in imports from Slovenia () and Denmark () (2023)

Comparative Advantage Denmark - Slovenia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Denmark () to Slovenia () (2020)

Services Exports from Slovenia () to Denmark () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Denmark () and Slovenia () (2023)

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