2023
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GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
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GDP GROWTH
44.5%CURRENT US$
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2023
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 GDP
$551BCURRENT US$
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2013-2023
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GDP GROWTH
127%CURRENT US$
Rnk 7 / 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
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Slovenia-Ireland Trade: In 2023, Slovenia exported $74.2M to Ireland. The main products that Slovenia exported to Ireland were Packaged Medicaments ($15.9M), Prefabricated Buildings ($5.15M), and Nitrogen Heterocyclic Compounds ($4.94M). Over the past 5 years the exports of Slovenia to Ireland have increased at an annualized rate of 8.22%, from $50M in 2018 to $74.2M in 2023.

In 2020, Slovenia exported services to Ireland worth $88.6M, with Other business services ($34.7M), Computer and information services ($31.3M), and Royalties and license fees ($12M) being the largest in terms of value.

Ireland-Slovenia Trade: In 2023, Ireland exported $266M to Slovenia. The main products that Ireland exported to Slovenia were Packaged Medicaments ($137M), Vaccines, blood, antisera, toxins and cultures ($25.5M), and Optical Fibers and optical fibre bundles ($18.7M). Over the past 5 years the exports of Ireland to Slovenia have increased at an annualized rate of 11.9%,  from $152M in 2018 to $266M in 2023.

In 2020, Ireland exported services to Slovenia worth $273M, with Computer and information services ($268M), Other business services ($2.28M), and Transportation ($1.14M) 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, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $74.2M to Ireland. The main products exported from Slovenia to Ireland were Packaged Medicaments ($15.9M), Prefabricated Buildings ($5.15M), and Nitrogen Heterocyclic Compounds ($4.94M). During the last 5 years the exports of Slovenia to Ireland have increased at an annualized rate of 8.22%, from $50M in 2018 to $74.2M in 2023.

In 2018, Ireland exported $266M to Slovenia. The main products exported from Ireland to Slovenia were Packaged Medicaments ($137M), Vaccines, blood, antisera, toxins and cultures ($25.5M), and Optical Fibers and optical fibre bundles ($18.7M). During the last 5 years the exports of Ireland to Slovenia have increased at an annualized rate of 11.9%, from $152M in 2023 to $266M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Ireland (Flag)

Slovenia Exports

Ireland Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$13.5B
Ireland
Top Destination
United States$67.4B

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

In 2023, countries that imported more from Slovenia than Ireland included Switzerland ($13.5B), Croatia ($4.85B), and Austria ($3.38B).

In 2023, countries that imported more from Ireland than Slovenia included United States ($67.4B), United Kingdom ($20.5B), and Germany ($26.7B).

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

Comparative Advantage Slovenia - Ireland

Flow
Scale

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

During 2023, Slovenia had a large net trade with Ireland in the exports of Chemical Products ($23.4M), Machines ($19.9M), and Miscellaneous ($6.96M).

During 2018, Ireland had a large net trade with Slovenia in the exports of Chemical Products ($181M), Instruments ($42M), and Foodstuffs ($13.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Ireland+$20.3MPackaged Medicaments
Top Product Potential Ireland Slovenia+$56.4MPackaged 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 Ireland worth $88.6M, with Other business services ($34.7M), Computer and information services ($31.3M), and Royalties and license fees ($12M) being the largest in terms of value.

In 2020, Ireland exported services to Slovenia worth $273M, with Computer and information services ($268M), Other business services ($2.28M), and Transportation ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Ireland (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 Ireland. This means that a dot/product with the flag of Slovenia indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Slovenia.

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

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