2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH
21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC 
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186
2022
Flag
GDP PC
$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH
-7.77%CURRENT US$
Rnk 158 / 186

About

Slovenia-Iraq Trade: In 2022, Slovenia exported $10.6M to Iraq. The main products that Slovenia exported to Iraq were Packaged Medicaments ($2.77M), Sawn Wood ($1.5M), and Utility Meters ($1.24M). Over the past 5 years the exports of Slovenia to Iraq have increased at an annualized rate of 7.81%, from $7.3M in 2017 to $10.6M in 2022.

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

Iraq-Slovenia Trade: In 2022, Iraq exported $7.1k to Slovenia. The main products that Iraq exported to Slovenia were Animal Organs ($5.56k), Other Measuring Instruments ($522), and Thermostats ($383). Over the past 5 years the exports of Iraq to Slovenia have decreased at an annualized rate of 26.5%,  from $33.2k in 2017 to $7.1k in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $10.6M to Iraq. The main products exported from Slovenia to Iraq were Packaged Medicaments ($2.77M), Sawn Wood ($1.5M), and Utility Meters ($1.24M). During the last 5 years the exports of Slovenia to Iraq have increased at an annualized rate of 7.81%, from $7.3M in 2017 to $10.6M in 2022.

In 2017, Iraq exported $7.1k to Slovenia. The main products exported from Iraq to Slovenia were Animal Organs ($5.56k), Other Measuring Instruments ($522), and Thermostats ($383). During the last 5 years the exports of Iraq to Slovenia have decreased at an annualized rate of 26.5%, from $33.2k in 2022 to $7.1k in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Iraq (Flag)

Slovenia Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Iraq
Top Destination
India$38.8B

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

In 2022, countries that imported more from Slovenia than Iraq included Switzerland ($9.92B), Germany ($7.92B), and Croatia ($4.68B).

In 2022, countries that imported more from Iraq than Slovenia included India ($38.8B), China ($34B), and United States ($10.3B).

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

Comparative Advantage Slovenia - Iraq

Flow
Scale

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

During 2022, Slovenia had a large net trade with Iraq in the exports of Chemical Products ($3.81M), Instruments ($1.59M), and Wood Products ($1.54M).

During 2017, Iraq had a large net trade with Slovenia in the exports of Animal Products ($5.56k), Instruments ($1.2k), and Chemical Products ($333).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Iraq+$5.81MPackaged Medicaments
Top Product Potential Iraq Slovenia+$7.9kRefined Petroleum

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

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

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