2022
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GDP
$62.1BCURRENT US$
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2012-2022
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GDP GROWTH
33.4%CURRENT US$
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2022
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 GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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GDP PC 
$29,457CURRENT US$
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2012-2022
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GDP PC GROWTH
30.1%CURRENT US$
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2022
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GDP PC
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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About

Slovenia-Hungary In 2022, Slovenia exported $1.52B to Hungary. The main products that Slovenia exported to Hungary are Refined Petroleum ($203M), Electricity ($86.9M), and Packaged Medicaments ($84.6M). During the last 27 years the exports of Slovenia to Hungary have increased at an annualized rate of 9.77%, from $123M in 1995 to $1.52B in 2022.

In 2020, Slovenia exported services to Hungary worth $180M, with Travel ($82.2M), Transportation ($43.4M), and Other business services ($38.6M) being the largest in terms of value.

Hungary-Slovenia In 2022, Hungary exported $1.97B to Slovenia. The main products that Hungary exported to Slovenia were Electricity ($264M), Packaged Medicaments ($238M), and Broadcasting Equipment ($104M). During the last 27 years the exports of Hungary to Slovenia have increased at an annualized rate of 7.55%, from $276M in 1995 to $1.97B in 2022.

In 2020, Hungary exported services to Slovenia worth $103M, with Other business services ($49.2M), Transportation ($36M), and Travel ($7.65M) being the largest in terms of value.

Comparison In 2022,  Slovenia ranked 9 in the Economic Complexity Index (ECI 1.42), and 56 in total exports ($56B). That same year, Hungary ranked 13 in the Economic Complexity Index (ECI 1.36), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $1.52B to Hungary. The main products exported from Slovenia to Hungary were Refined Petroleum ($203M), Electricity ($86.9M), and Packaged Medicaments ($84.6M). During the last 27 years the exports of Slovenia to Hungary have increased at an annualized rate of 9.77%, from $123M in 1995 to $1.52B in 2022.

In 2022, Hungary exported $1.97B to Slovenia. The main products exported from Hungary to Slovenia were Electricity ($264M), Packaged Medicaments ($238M), and Broadcasting Equipment ($104M). During the last 27 years the exports of Hungary to Slovenia have increased at an annualized rate of 7.55%, from $276M in 1995 to $1.97B in 2022.

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

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

Latest Data

Trade between Slovenia (Flag) and Hungary (Flag)

Slovenia Exports

Hungary Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Hungary
Top Destination
Germany$35.5B

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

In 2021, countries that imported more from Slovenia than Hungary were Switzerland ($9.92B), Croatia ($4.68B), and Bosnia and Herzegovina ($958M).

In 2021, countries that imported more from Hungary than Slovenia were Germany ($35.5B), Romania ($7.94B), and Slovakia ($6.78B).

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

Comparative Advantage Slovenia - Hungary

Flow
Scale

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

During 2022, Slovenia had a large net trade with Hungary in the exports of Machines ($344M), Mineral Products ($296M), and Chemical Products ($259M).

During 2022, Hungary had a large net trade with Slovenia in the exports of Mineral Products ($404M), Chemical Products ($385M), and Machines ($353M).

Service Trade

Bilateral Service Trade

In 2020, Slovenia exported services to Hungary worth $180M, with Travel ($82.2M), Transportation ($43.4M), and Other business services ($38.6M) being the largest in terms of value.

In 2020, Hungary exported services to Slovenia worth $103M, with Other business services ($49.2M), Transportation ($36M), and Travel ($7.65M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Slovenia has comparative advantage over Hungary. Similarly, the more yellow a dot/product is, the more Hungary has comparative advantage over Slovenia.

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

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