2023
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GDP
$1.62TCURRENT US$
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2013-2023
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GDP GROWTH
18.9%CURRENT US$
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2023
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 GDP
$69.1BCURRENT US$
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2013-2023
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GDP GROWTH
44.5%CURRENT US$
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2023
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GDP PC 
$33,509CURRENT US$
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2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
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2023
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GDP PC
$32,610CURRENT US$
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2013-2023
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GDP PC GROWTH
40.3%CURRENT US$
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About

Spain-Slovenia Trade: In 2023, Spain exported $1.03B to Slovenia. The main products that Spain exported to Slovenia were Cars ($277M), Motor vehicles; parts and accessories (8701 to 8705) ($67.1M), and Packaged Medicaments ($60.1M). Over the past 5 years the exports of Spain to Slovenia have increased at an annualized rate of 6.02%, from $768M in 2018 to $1.03B in 2023.

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

Slovenia-Spain Trade: In 2023, Slovenia exported $701M to Spain. The main products that Slovenia exported to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($62.8M), Packaged Medicaments ($46.8M), and Rubber Tires ($44.9M). Over the past 5 years the exports of Slovenia to Spain have increased at an annualized rate of 0.77%,  from $675M in 2018 to $701M in 2023.

In 2020, Slovenia exported services to Spain worth $52.4M, with Transportation ($21.6M), Travel ($7.31M), and Communications services ($5.37M) being the largest in terms of value.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). 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, Spain exported $1.03B to Slovenia. The main products exported from Spain to Slovenia were Cars ($277M), Motor vehicles; parts and accessories (8701 to 8705) ($67.1M), and Packaged Medicaments ($60.1M). During the last 5 years the exports of Spain to Slovenia have increased at an annualized rate of 6.02%, from $768M in 2018 to $1.03B in 2023.

In 2018, Slovenia exported $701M to Spain. The main products exported from Slovenia to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($62.8M), Packaged Medicaments ($46.8M), and Rubber Tires ($44.9M). During the last 5 years the exports of Slovenia to Spain have increased at an annualized rate of 0.77%, from $675M in 2023 to $701M in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Slovenia
Top Destination
Switzerland$13.5B

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

In 2023, countries that imported more from Spain than Slovenia included France ($61.9B), Portugal ($38.1B), and Germany ($40.2B).

In 2023, countries that imported more from Slovenia than Spain included Croatia ($4.85B), Switzerland ($13.5B), and Bosnia and Herzegovina ($706M).

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

Comparative Advantage Spain - Slovenia

Flow
Scale

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

During 2023, Spain had a large net trade with Slovenia in the exports of Transportation ($380M), Machines ($139M), and Chemical Products ($118M).

During 2018, Slovenia had a large net trade with Spain in the exports of Machines ($205M), Transportation ($115M), and Chemical Products ($99.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Slovenia+$59.1MCars
Top Product Potential Slovenia Spain+$48.9MCars

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

In 2020, Slovenia exported services to Spain worth $52.4M, with Transportation ($21.6M), Travel ($7.31M), and Communications services ($5.37M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovenia (Flag) to Spain (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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