Norway (NOR) and Slovenia (SVN) Trade | The Observatory of Economic Complexity

About

Norway-Slovenia In 2022, Norway exported $53.3M to Slovenia. The main products that Norway exported to Slovenia are Non-Iron and Steel Slag, Ash and Residues ($9.4M), Amino-resins ($3.34M), and Fish Fillets ($3.3M). During the last 27 years the exports of Norway to Slovenia have increased at an annualized rate of 2.81%, from $25.2M in 1995 to $53.3M in 2022.

In 2009, Norway exported services to Slovenia worth $8.15M, with Travel ($8.15M) being the largest in terms of value.

Slovenia-Norway In 2022, Slovenia exported $159M to Norway. The main products that Slovenia exported to Norway were Packaged Medicaments ($28.2M), Aluminium Bars ($21.7M), and Electrical Transformers ($13.6M). During the last 27 years the exports of Slovenia to Norway have increased at an annualized rate of 7.6%, from $22.1M in 1995 to $159M in 2022.

In 2020, Slovenia exported services to Norway worth $9.59M, with Transportation ($2.06M), Computer and information services ($1.94M), and Communications services ($1.6M) being the largest in terms of value.

Comparison In 2022, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Slovenia ranked 9 in the Economic Complexity Index (ECI 1.42), and 56 in total exports ($56B).

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK21.7M and imported NOK198M from Slovenia, resulting in a negative trade balance of NOK176M. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-38.8M (-64.1%) from NOK60.5M to NOK21.7M, while imports increased by NOK42.2M (27.1%) from NOK156M to NOK198M.

Trade In February 2024, the top exports of Norway to Slovenia were Electrical machinery, apparatus and appliances, n.e.s.,... (NOK17.4M), Road vehicles (including air-cushion vehicles) (NOK5.29M), Plastics in primary forms (NOK2.99M), Medicinal and pharmaceutical products (NOK1.69M), and Miscellaneous manufactured articles, n.e.s. (NOK969k). In February 2024 the top imports of Norway from Slovenia were Medicinal and pharmaceutical products (NOK38.2M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK35.6M), Non-ferrous metals (NOK18.9M), Road vehicles (including air-cushion vehicles) (NOK18.1M), and General industrial machinery and equipment, n.e.s.,... (NOK14.5M).

Growth In February 2024, the decrease in Norway's year-by-year exports to Slovenia was explained primarily by an decrease in product exports in Inorganic chemicals (NOK-7.36M or -94.1%), General industrial machinery and equipment, n.e.s.,... (NOK-3.92M or -96.4%), and Pulp and waste paper (NOK-1.98M or -100%). In February 2024, the increase in Norway's year-by-year imports from Slovenia was explained primarily by an increase in product imports in Medicinal and pharmaceutical products (NOK30.3M or 385%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK9.23M or 35%), and Road vehicles (including air-cushion vehicles) (NOK7.27M or 66.9%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK-38.8M(-64.1%)

IMPORT GROWTH (February 2023 - February 2024)NOK42.2M(27.1%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Slovenia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Slovenia and Norway Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $53.3M to Slovenia. The main products exported from Norway to Slovenia were Non-Iron and Steel Slag, Ash and Residues ($9.4M), Amino-resins ($3.34M), and Fish Fillets ($3.3M). During the last 27 years the exports of Norway to Slovenia have increased at an annualized rate of 2.81%, from $25.2M in 1995 to $53.3M in 2022.

In 2022, Slovenia exported $159M to Norway. The main products exported from Slovenia to Norway were Packaged Medicaments ($28.2M), Aluminium Bars ($21.7M), and Electrical Transformers ($13.6M). During the last 27 years the exports of Slovenia to Norway have increased at an annualized rate of 7.6%, from $22.1M in 1995 to $159M in 2022.

Exports from Norway () to Slovenia () (2022)

Exports from Slovenia () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Slovenia
Top DestinationSwitzerland$9.92B

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

In 2021, countries that imported more from Norway than Slovenia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Slovenia than Norway were Switzerland ($9.92B), Croatia ($4.68B), and Austria ($3.75B).

Difference in imports from Slovenia () and Norway () (2022)

Comparative Advantage Norway - Slovenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Slovenia in the exports of Mineral Products ($10.2M), Chemical Products ($7.71M), and Machines ($6.22M).

During 2022, Slovenia had a large net trade with Norway in the exports of Machines ($50.4M), Chemical Products ($34.6M), and Metals ($27.2M).

Service Trade

Bilateral Service Trade

Svn Year

Nor Year

In 2009, Norway exported services to Slovenia worth $8.15M, with Travel ($8.15M) being the largest in terms of value.

In 2020, Slovenia exported services to Norway worth $9.59M, with Transportation ($2.06M), Computer and information services ($1.94M), and Communications services ($1.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway () to Slovenia () (2009)

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

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Norway has comparative advantage over Slovenia. Similarly, the more yellow a dot/product is, the more Slovenia has comparative advantage over Norway.

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Norway () to Slovenia () (2022)

Exports from Slovenia () to Norway () (2022)

Market Competitiveness

Difference in imports from Slovenia () and Norway () (2022)

Comparative Advantage Norway - Slovenia

Service Trade

Bilateral Service Trade

Services Exports from Norway () to Slovenia () (2009)

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

Economic Complexity

Competitive Landscape

Product Space of Norway () and Slovenia () (2022)

Keep Exploring