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Pricing

2022
Flag → Flag
Exports $26.5MRnk 75 / 200
2022
Flag → Flag
Top Product $14.7MPackaged Medicaments
2022
Flag → Flag
Exports $1.63MRnk 72 / 141
2022
Flag → Flag
Top Product $1.1MAcyclic Alcohols
2022
Flag
Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC $29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186
2022
Flag
GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Slovenia-Azerbaijan Trade: In 2022, Slovenia exported $26.5M to Azerbaijan. The main products that Slovenia exported to Azerbaijan were Packaged Medicaments ($14.7M), Refrigerators ($2.42M), and Vaccines, blood, antisera, toxins and cultures ($980k). Over the past 5 years the exports of Slovenia to Azerbaijan have increased at an annualized rate of 4.6%, from $21.2M in 2017 to $26.5M in 2022.

In 2022, Slovenia did not export any services to Azerbaijan.

Azerbaijan-Slovenia Trade: In 2022, Azerbaijan exported $1.63M to Slovenia. The main products that Azerbaijan exported to Slovenia were Acyclic Alcohols ($1.1M), Ferroalloys ($240k), and Propylene Polymers ($72.5k). Over the past 5 years the exports of Azerbaijan to Slovenia have decreased at an annualized rate of 30%,  from $9.67M in 2017 to $1.63M in 2022.

In 2022, Azerbaijan did not export any services to Slovenia.

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Latest Data

Trade between Slovenia (Flag) and Azerbaijan (Flag)

Slovenia Exports

Azerbaijan Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$9.92B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Slovenia than Azerbaijan included Switzerland ($9.92B), Germany ($7.92B), and Croatia ($4.68B).

In 2022, countries that imported more from Azerbaijan than Slovenia included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Potential Exports

Potential Exports

Depth
View
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Top Product Potential Slovenia Azerbaijan+$6.89MPackaged Medicaments
Top Product Potential Azerbaijan Slovenia+$226kAcyclic Alcohols

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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Economic Complexity

Competitive Landscape

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

Product Space of Slovenia (Flag) and Azerbaijan (Flag) (NaN)

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