2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
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GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
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$
Rnk 88 / 195
2023
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GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
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GDP PC
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
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GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Philippines-Slovenia Trade: In 2023, Philippines exported $25.6M to Slovenia. The main products that Philippines exported to Slovenia were Integrated Circuits ($7.22M), Semiconductor Devices ($3.6M), and Office Machine Parts ($2.48M). Over the past 5 years the exports of Philippines to Slovenia have increased at an annualized rate of 10.6%, from $15.5M in 2018 to $25.6M in 2023.

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

Slovenia-Philippines Trade: In 2023, Slovenia exported $37M to Philippines. The main products that Slovenia exported to Philippines were Packaged Medicaments ($7.79M), Milk ($4.51M), and Video and Card Games ($3.91M). Over the past 5 years the exports of Slovenia to Philippines have increased at an annualized rate of 6.13%,  from $27.5M in 2018 to $37M in 2023.

In 2020, Slovenia exported services to Philippines worth $11.2M, with Computer and information services ($11M), Transportation ($114k), and Travel ($114k) being the largest in terms of value.

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). 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, Philippines exported $25.6M to Slovenia. The main products exported from Philippines to Slovenia were Integrated Circuits ($7.22M), Semiconductor Devices ($3.6M), and Office Machine Parts ($2.48M). During the last 5 years the exports of Philippines to Slovenia have increased at an annualized rate of 10.6%, from $15.5M in 2018 to $25.6M in 2023.

In 2018, Slovenia exported $37M to Philippines. The main products exported from Slovenia to Philippines were Packaged Medicaments ($7.79M), Milk ($4.51M), and Video and Card Games ($3.91M). During the last 5 years the exports of Slovenia to Philippines have increased at an annualized rate of 6.13%, from $27.5M in 2023 to $37M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Slovenia
Top Destination
Switzerland$13.5B

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

In 2023, countries that imported more from Philippines than Slovenia included China ($19B), Hong Kong ($11.7B), and Japan ($11.4B).

In 2023, countries that imported more from Slovenia than Philippines included Switzerland ($13.5B), Italy ($6.23B), and Croatia ($4.85B).

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

Comparative Advantage Philippines - Slovenia

Flow
Scale

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

During 2023, Philippines had a large net trade with Slovenia in the exports of Machines ($19M), Animal and Vegetable Bi-Products ($1.69M), and Instruments ($1.16M).

During 2018, Slovenia had a large net trade with Philippines in the exports of Machines ($12.4M), Chemical Products ($8.09M), and Animal Products ($4.51M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Slovenia+$10.4MIntegrated Circuits
Top Product Potential Slovenia Philippines+$9.8MPackaged 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, Slovenia exported services to Philippines worth $11.2M, with Computer and information services ($11M), Transportation ($114k), and Travel ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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