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2023
Flag → Flag
Exports $894MRnk 14 / 199
2023
Flag → Flag
Top Product $60.9MCars
2023
Flag → Flag
Exports $449MRnk 65 / 223
2023
Flag → Flag
Top Product $58.1MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Slovenia-United Kingdom Trade: In 2023, Slovenia exported $894M to United Kingdom. The main products that Slovenia exported to United Kingdom were Cars ($60.9M), Video Displays ($46.2M), and Packaged Medicaments ($39.7M). Over the past 5 years the exports of Slovenia to United Kingdom have increased at an annualized rate of 7.16%, from $633M in 2018 to $894M in 2023.

In 2020, Slovenia exported services to United Kingdom worth $181M, with Computer and information services ($36.2M), Transportation ($32M), and Other business services ($31M) being the largest in terms of value.

United Kingdom-Slovenia Trade: In 2023, United Kingdom exported $449M to Slovenia. The main products that United Kingdom exported to Slovenia were Packaged Medicaments ($58.1M), Cars ($46.7M), and Sulfonamides ($34.5M). Over the past 5 years the exports of United Kingdom to Slovenia have decreased at an annualized rate of 7.14%,  from $650M in 2018 to $449M in 2023.

In 2019, United Kingdom exported services to Slovenia worth $135M, with Travel ($49.7M), Transportation ($48.5M), and Government services, n.i.e. ($17.8M) being the largest in terms of value.

Comparison: In 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $894M to United Kingdom. The main products exported from Slovenia to United Kingdom were Cars ($60.9M), Video Displays ($46.2M), and Packaged Medicaments ($39.7M). During the last 5 years the exports of Slovenia to United Kingdom have increased at an annualized rate of 7.16%, from $633M in 2018 to $894M in 2023.

In 2018, United Kingdom exported $449M to Slovenia. The main products exported from United Kingdom to Slovenia were Packaged Medicaments ($58.1M), Cars ($46.7M), and Sulfonamides ($34.5M). During the last 5 years the exports of United Kingdom to Slovenia have decreased at an annualized rate of 7.14%, from $650M in 2023 to $449M in 2018.

Exports from Slovenia (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Slovenia (Flag) (2023)

Latest Data

Trade between Slovenia (Flag) and United Kingdom (Flag)

Slovenia Exports

United Kingdom Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Slovenia than United Kingdom included Switzerland ($13.5B), Croatia ($4.85B), and Serbia ($1.11B).

In 2023, countries that imported more from United Kingdom than Slovenia included United States ($59.7B), China ($35.3B), and Ireland ($29.1B).

Difference in imports from United Kingdom (Flag) and Slovenia (Flag) (2023)

Comparative Advantage Slovenia - United Kingdom

Flow
Scale

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

During 2023, Slovenia had a large net trade with United Kingdom in the exports of Machines ($293M), Transportation ($115M), and Plastics and Rubbers ($94.7M).

During 2018, United Kingdom had a large net trade with Slovenia in the exports of Chemical Products ($143M), Machines ($112M), and Transportation ($65.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia United Kingdom+$81.8MCars
Top Product Potential United Kingdom Slovenia+$40.2MCars

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 United Kingdom worth $181M, with Computer and information services ($36.2M), Transportation ($32M), and Other business services ($31M) being the largest in terms of value.

In 2019, United Kingdom exported services to Slovenia worth $135M, with Travel ($49.7M), Transportation ($48.5M), and Government services, n.i.e. ($17.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovenia (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Slovenia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Slovenia (Flag) and United Kingdom (Flag) (2023)

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