Slovenia (SVN) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Slovenia-Georgia Trade: In 2022, Slovenia exported $27.3M to Georgia. The main products that Slovenia exported to Georgia were Packaged Medicaments ($14.2M), Wood Ornaments ($1.8M), and Electric Heaters ($775k). Over the past 5 years the exports of Slovenia to Georgia have increased at an annualized rate of 0.86%, from $26.1M in 2017 to $27.3M in 2022.

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

Georgia-Slovenia Trade: In 2022, Georgia exported $1.33M to Slovenia. The main products that Georgia exported to Slovenia were Knit T-shirts ($397k), Video and Card Games ($202k), and Manganese Oxides ($132k). Over the past 5 years the exports of Georgia to Slovenia have decreased at an annualized rate of 7.84%, from $2M in 2017 to $1.33M in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Slovenia exported $27.3M to Georgia. The main products exported from Slovenia to Georgia were Packaged Medicaments ($14.2M), Wood Ornaments ($1.8M), and Electric Heaters ($775k). During the last 5 years the exports of Slovenia to Georgia have increased at an annualized rate of 0.86%, from $26.1M in 2017 to $27.3M in 2022.

In 2017, Georgia exported $1.33M to Slovenia. The main products exported from Georgia to Slovenia were Knit T-shirts ($397k), Video and Card Games ($202k), and Manganese Oxides ($132k). During the last 5 years the exports of Georgia to Slovenia have decreased at an annualized rate of 7.84%, from $2M in 2022 to $1.33M in 2017.

Exports from Slovenia () to Georgia () (2022)

Exports from Georgia () to Slovenia () (2022)

Latest Data

Trade between Slovenia () and Georgia ()

Slovenia Exports

Date

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$9.92B

Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Slovenia than Georgia included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

In 2022, countries that imported more from Georgia than Slovenia included Azerbaijan ($668M), Armenia ($571M), and China ($759M).

Difference in imports from Georgia () and Slovenia () (2022)

Comparative Advantage Slovenia - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Slovenia had a large net trade with Georgia in the exports of Chemical Products ($15.8M), Machines ($3.83M), and Wood Products ($2.08M).

During 2017, Georgia had a large net trade with Slovenia in the exports of Textiles ($522k), Miscellaneous ($316k), and Chemical Products ($172k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovenia Georgia+$5.11MPackaged Medicaments

Top Product Potential Georgia Slovenia+$330kKnit T-shirts

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Slovenia () to Georgia () (2022)

Exports from Georgia () to Slovenia () (2022)

Latest Data

Trade between Slovenia () and Georgia ()

Slovenia Exports

Georgia Exports

Market Competitiveness

Difference in imports from Georgia () and Slovenia () (2022)

Comparative Advantage Slovenia - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Slovenia () and Georgia () (2022)

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