2023
Flag  
GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
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GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
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 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
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GDP PC 
$32,610CURRENT US$
Rnk 43 / 195
2013-2023
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GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195
2023
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GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Slovenia-Spain Trade: In 2023, Slovenia exported $701M to Spain. The main products that Slovenia exported to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($62.8M), Packaged Medicaments ($46.8M), and Rubber Tires ($44.9M). Over the past 5 years the exports of Slovenia to Spain have increased at an annualized rate of 0.77%, from $675M in 2018 to $701M in 2023.

In 2020, Slovenia exported services to Spain worth $52.4M, with Transportation ($21.6M), Travel ($7.31M), and Communications services ($5.37M) being the largest in terms of value.

Spain-Slovenia Trade: In 2023, Spain exported $1.03B to Slovenia. The main products that Spain exported to Slovenia were Cars ($277M), Motor vehicles; parts and accessories (8701 to 8705) ($67.1M), and Packaged Medicaments ($60.1M). Over the past 5 years the exports of Spain to Slovenia have increased at an annualized rate of 6.02%,  from $768M in 2018 to $1.03B in 2023.

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

Comparison: In 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $701M to Spain. The main products exported from Slovenia to Spain were Motor vehicles; parts and accessories (8701 to 8705) ($62.8M), Packaged Medicaments ($46.8M), and Rubber Tires ($44.9M). During the last 5 years the exports of Slovenia to Spain have increased at an annualized rate of 0.77%, from $675M in 2018 to $701M in 2023.

In 2018, Spain exported $1.03B to Slovenia. The main products exported from Spain to Slovenia were Cars ($277M), Motor vehicles; parts and accessories (8701 to 8705) ($67.1M), and Packaged Medicaments ($60.1M). During the last 5 years the exports of Spain to Slovenia have increased at an annualized rate of 6.02%, from $768M in 2023 to $1.03B in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Spain (Flag)

Slovenia Exports

Spain Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$13.5B
Spain
Top Destination
France$61.9B

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

In 2023, countries that imported more from Slovenia than Spain included Croatia ($4.85B), Switzerland ($13.5B), and Bosnia and Herzegovina ($706M).

In 2023, countries that imported more from Spain than Slovenia included France ($61.9B), Portugal ($38.1B), and Germany ($40.2B).

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

Comparative Advantage Slovenia - Spain

Flow
Scale

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

During 2023, Slovenia had a large net trade with Spain in the exports of Machines ($205M), Transportation ($115M), and Chemical Products ($99.6M).

During 2018, Spain had a large net trade with Slovenia in the exports of Transportation ($380M), Machines ($139M), and Chemical Products ($118M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Spain+$48.9MCars
Top Product Potential Spain Slovenia+$59.1MCars

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 Spain. This means that a dot/product with the flag of Slovenia indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Slovenia.

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

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