2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 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
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186

About

Slovenia-Laos Trade: In 2022, Slovenia exported $2.28M to Laos. The main products that Slovenia exported to Laos were Video and Card Games ($1.36M), Hydraulic Turbines ($776k), and Other Rubber Products ($84.4k). Over the past 5 years the exports of Slovenia to Laos have increased at an annualized rate of 109%, from $56.8k in 2017 to $2.28M in 2022.

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

Laos-Slovenia Trade: In 2022, Laos exported $1.15M to Slovenia. The main products that Laos exported to Slovenia were Non-Knit Men's Suits ($435k), Textile Footwear ($259k), and Leather Footwear ($95.8k). Over the past 5 years the exports of Laos to Slovenia have increased at an annualized rate of 26.2%,  from $359k in 2017 to $1.15M in 2022.

In 2022, Laos 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, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $2.28M to Laos. The main products exported from Slovenia to Laos were Video and Card Games ($1.36M), Hydraulic Turbines ($776k), and Other Rubber Products ($84.4k). During the last 5 years the exports of Slovenia to Laos have increased at an annualized rate of 109%, from $56.8k in 2017 to $2.28M in 2022.

In 2017, Laos exported $1.15M to Slovenia. The main products exported from Laos to Slovenia were Non-Knit Men's Suits ($435k), Textile Footwear ($259k), and Leather Footwear ($95.8k). During the last 5 years the exports of Laos to Slovenia have increased at an annualized rate of 26.2%, from $359k in 2022 to $1.15M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Laos (Flag)

Slovenia Exports

Laos Exports

Date

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Laos
Top Destination
Thailand$3.29B

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

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

In 2022, countries that imported more from Laos than Slovenia included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

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

Comparative Advantage Slovenia - Laos

Flow
Scale

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

During 2022, Slovenia had a large net trade with Laos in the exports of Miscellaneous ($1.36M), Machines ($830k), and Plastics and Rubbers ($84.4k).

During 2017, Laos had a large net trade with Slovenia in the exports of Textiles ($609k), Footwear and Headwear ($395k), and Machines ($120k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Laos+$65.6kOther Rubber Products
Top Product Potential Laos Slovenia+$333kNon-Knit Men's Suits

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

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

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