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2023
Flag → Flag
Exports $189MRnk 34 / 199
2023
Flag → Flag
Top Product $40.9MPackaged Medicaments
2023
Flag → Flag
Exports $126MRnk 48 / 211
2023
Flag → Flag
Top Product $24.2MCars
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $32,610CURRENT US$
Rnk 43 / 195
2013-2023
Flag
GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Slovenia-Portugal Trade: In 2023, Slovenia exported $189M to Portugal. The main products that Slovenia exported to Portugal were Packaged Medicaments ($40.9M), Cars ($24.6M), and Video Displays ($16.9M). Over the past 5 years the exports of Slovenia to Portugal have increased at an annualized rate of 8.28%, from $127M in 2018 to $189M in 2023.

In 2020, Slovenia exported services to Portugal worth $9.14M, with Travel ($3.08M), Transportation ($2.06M), and Other business services ($1.48M) being the largest in terms of value.

Portugal-Slovenia Trade: In 2023, Portugal exported $126M to Slovenia. The main products that Portugal exported to Slovenia were Cars ($24.2M), Motor vehicles; parts and accessories (8701 to 8705) ($13.3M), and Radio Receivers ($10.2M). Over the past 5 years the exports of Portugal to Slovenia have decreased at an annualized rate of 4.13%,  from $155M in 2018 to $126M in 2023.

In 2020, Portugal exported services to Slovenia worth $4.57M, with Travel ($4.57M) 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $189M to Portugal. The main products exported from Slovenia to Portugal were Packaged Medicaments ($40.9M), Cars ($24.6M), and Video Displays ($16.9M). During the last 5 years the exports of Slovenia to Portugal have increased at an annualized rate of 8.28%, from $127M in 2018 to $189M in 2023.

In 2018, Portugal exported $126M to Slovenia. The main products exported from Portugal to Slovenia were Cars ($24.2M), Motor vehicles; parts and accessories (8701 to 8705) ($13.3M), and Radio Receivers ($10.2M). During the last 5 years the exports of Portugal to Slovenia have decreased at an annualized rate of 4.13%, from $155M in 2023 to $126M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Portugal (Flag)

Slovenia Exports

Portugal Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Slovenia included Spain ($17.7B), France ($9.19B), and United Kingdom ($4.5B).

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

Comparative Advantage Slovenia - Portugal

Flow
Scale

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

During 2023, Slovenia had a large net trade with Portugal in the exports of Machines ($50.2M), Chemical Products ($47.5M), and Transportation ($30.4M).

During 2018, Portugal had a large net trade with Slovenia in the exports of Transportation ($40.7M), Machines ($27.2M), and Paper Goods ($9.62M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Portugal+$21.5MPackaged Medicaments
Top Product Potential Portugal Slovenia+$14.5MCars

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 Portugal worth $9.14M, with Travel ($3.08M), Transportation ($2.06M), and Other business services ($1.48M) being the largest in terms of value.

In 2020, Portugal exported services to Slovenia worth $4.57M, with Travel ($4.57M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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