2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC 
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Slovenia-Denmark Trade: In 2022, Slovenia exported $524M to Denmark. The main products that Slovenia exported to Denmark were Packaged Medicaments ($99.5M), Valves ($52.2M), and Other Heating Machinery ($31.9M). Over the past 5 years the exports of Slovenia to Denmark have increased at an annualized rate of 8.26%, from $352M in 2017 to $524M in 2022.

In 2020, Slovenia exported services to Denmark worth $76.3M, with Transportation ($54.5M), Other business services ($12.1M), and Travel ($3.88M) being the largest in terms of value.

Denmark-Slovenia Trade: In 2022, Denmark exported $175M to Slovenia. The main products that Denmark exported to Slovenia were Packaged Medicaments ($23.2M), Cars ($14.5M), and Vaccines, blood, antisera, toxins and cultures ($7.2M). Over the past 5 years the exports of Denmark to Slovenia have increased at an annualized rate of 9.02%,  from $114M in 2017 to $175M in 2022.

In 2020, Denmark exported services to Slovenia worth $78M, with Transportation ($50.8M), Computer and information services ($10.3M), and Other business services ($4.91M) being the largest in terms of value.

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $524M to Denmark. The main products exported from Slovenia to Denmark were Packaged Medicaments ($99.5M), Valves ($52.2M), and Other Heating Machinery ($31.9M). During the last 5 years the exports of Slovenia to Denmark have increased at an annualized rate of 8.26%, from $352M in 2017 to $524M in 2022.

In 2017, Denmark exported $175M to Slovenia. The main products exported from Denmark to Slovenia were Packaged Medicaments ($23.2M), Cars ($14.5M), and Vaccines, blood, antisera, toxins and cultures ($7.2M). During the last 5 years the exports of Denmark to Slovenia have increased at an annualized rate of 9.02%, from $114M in 2022 to $175M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Denmark (Flag)

Slovenia Exports

Denmark Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Denmark
Top Destination
Germany$18.9B

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

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

In 2022, countries that imported more from Denmark than Slovenia included United States ($13.1B), Sweden ($11.6B), and Germany ($18.9B).

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

Comparative Advantage Slovenia - Denmark

Flow
Scale

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

During 2022, Slovenia had a large net trade with Denmark in the exports of Machines ($193M), Chemical Products ($137M), and Metals ($41.1M).

During 2017, Denmark had a large net trade with Slovenia in the exports of Machines ($37.6M), Chemical Products ($36.6M), and Plastics and Rubbers ($20.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Denmark+$36.6MPackaged Medicaments
Top Product Potential Denmark Slovenia+$29.1MPackaged 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 Denmark worth $76.3M, with Transportation ($54.5M), Other business services ($12.1M), and Travel ($3.88M) being the largest in terms of value.

In 2020, Denmark exported services to Slovenia worth $78M, with Transportation ($50.8M), Computer and information services ($10.3M), and Other business services ($4.91M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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