2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Finland-Slovenia Trade: In 2022, Finland exported $117M to Slovenia. The main products that Finland exported to Slovenia were Large Flat-Rolled Stainless Steel ($11.8M), Tractors ($7.38M), and Raw Zinc ($6.38M). Over the past 5 years the exports of Finland to Slovenia have increased at an annualized rate of 8.32%, from $78.7M in 2017 to $117M in 2022.

In 2020, Finland exported services to Slovenia worth $20.6M, with Other business services ($8M), Computer and information services ($6.85M), and Transportation ($2.28M) being the largest in terms of value.

Slovenia-Finland Trade: In 2022, Slovenia exported $164M to Finland. The main products that Slovenia exported to Finland were Packaged Medicaments ($17M), Electrical Transformers ($15.8M), and Large Flat-Rolled Stainless Steel ($13.1M). Over the past 5 years the exports of Slovenia to Finland have increased at an annualized rate of 6.94%,  from $117M in 2017 to $164M in 2022.

In 2020, Slovenia exported services to Finland worth $16M, with Other business services ($6.28M), Computer and information services ($3.08M), and Construction services ($2.4M) being the largest in terms of value.

Comparison: In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $117M to Slovenia. The main products exported from Finland to Slovenia were Large Flat-Rolled Stainless Steel ($11.8M), Tractors ($7.38M), and Raw Zinc ($6.38M). During the last 5 years the exports of Finland to Slovenia have increased at an annualized rate of 8.32%, from $78.7M in 2017 to $117M in 2022.

In 2017, Slovenia exported $164M to Finland. The main products exported from Slovenia to Finland were Packaged Medicaments ($17M), Electrical Transformers ($15.8M), and Large Flat-Rolled Stainless Steel ($13.1M). During the last 5 years the exports of Slovenia to Finland have increased at an annualized rate of 6.94%, from $117M in 2022 to $164M in 2017.

Exports from Finland (Flag) to Slovenia (Flag) (2022)

Exports from Slovenia (Flag) to Finland (Flag) (2022)

Latest Data

Trade between Finland (Flag) and Slovenia (Flag)

Finland Exports

Slovenia Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from Finland than Slovenia included Sweden ($9.1B), United States ($9.17B), and Netherlands ($5.88B).

In 2022, countries that imported more from Slovenia than Finland included Switzerland ($9.92B), Croatia ($4.68B), and Italy ($6.28B).

Difference in imports from Slovenia (Flag) and Finland (Flag) (2022)

Comparative Advantage Finland - Slovenia

Flow
Scale

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

During 2022, Finland had a large net trade with Slovenia in the exports of Metals ($35.6M), Machines ($20.2M), and Transportation ($16M).

During 2017, Slovenia had a large net trade with Finland in the exports of Machines ($64.9M), Metals ($22.7M), and Chemical Products ($21.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Slovenia+$5.61MPackaged Medicaments
Top Product Potential Slovenia Finland+$15.5MPackaged 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

In 2020, Finland exported services to Slovenia worth $20.6M, with Other business services ($8M), Computer and information services ($6.85M), and Transportation ($2.28M) being the largest in terms of value.

In 2020, Slovenia exported services to Finland worth $16M, with Other business services ($6.28M), Computer and information services ($3.08M), and Construction services ($2.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Slovenia (Flag) (2022)

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