Slovenia (SVN) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Slovenia-Romania Trade: In 2023, Slovenia exported $1.18B to Romania. The main products that Slovenia exported to Romania were Cars ($275M), Packaged Medicaments ($140M), and Flat Flat-Rolled Steel ($44.9M). Over the past 5 years the exports of Slovenia to Romania have increased at an annualized rate of 8.81%, from $776M in 2018 to $1.18B in 2023.

In 2020, Slovenia exported services to Romania worth $61.5M, with Transportation ($22.4M), Travel ($13.6M), and Other business services ($11.8M) being the largest in terms of value.

Romania-Slovenia Trade: In 2023, Romania exported $478M to Slovenia. The main products that Romania exported to Slovenia were Spark-Ignition Engines ($50.4M), Cars ($29.5M), and Insulated Wire ($25.4M). Over the past 5 years the exports of Romania to Slovenia have decreased at an annualized rate of 3.37%, from $567M in 2018 to $478M in 2023.

In 2020, Romania exported services to Slovenia worth $59.2M, with Transportation ($27.3M), Other business services ($17M), and Communications services ($9.02M) 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, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovenia exported $1.18B to Romania. The main products exported from Slovenia to Romania were Cars ($275M), Packaged Medicaments ($140M), and Flat Flat-Rolled Steel ($44.9M). During the last 5 years the exports of Slovenia to Romania have increased at an annualized rate of 8.81%, from $776M in 2018 to $1.18B in 2023.

In 2018, Romania exported $478M to Slovenia. The main products exported from Romania to Slovenia were Spark-Ignition Engines ($50.4M), Cars ($29.5M), and Insulated Wire ($25.4M). During the last 5 years the exports of Romania to Slovenia have decreased at an annualized rate of 3.37%, from $567M in 2023 to $478M in 2018.

Exports from Slovenia () to Romania () (2023)

Exports from Romania () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Romania ()

Slovenia Exports

Date

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovenia
Top DestinationSwitzerland$13.5B

Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Slovenia than Romania included Switzerland ($13.5B), Croatia ($4.85B), and Russia ($1.19B).

In 2023, countries that imported more from Romania than Slovenia included Germany ($19.9B), France ($6.5B), and United Kingdom ($5.14B).

Difference in imports from Romania () and Slovenia () (2023)

Comparative Advantage Slovenia - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovenia had a large net trade with Romania in the exports of Transportation ($305M), Machines ($282M), and Chemical Products ($202M).

During 2018, Romania had a large net trade with Slovenia in the exports of Machines ($136M), Metals ($65.6M), and Transportation ($56M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Slovenia Romania+$45.3MPackaged Medicaments

Top Product Potential Romania Slovenia+$23.3MCars

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

Rou Year

Svn Year

In 2020, Slovenia exported services to Romania worth $61.5M, with Transportation ($22.4M), Travel ($13.6M), and Other business services ($11.8M) being the largest in terms of value.

In 2020, Romania exported services to Slovenia worth $59.2M, with Transportation ($27.3M), Other business services ($17M), and Communications services ($9.02M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Slovenia () to Romania () (2020)

Services Exports from Romania () to Slovenia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Slovenia and Romania. This means that a dot/product with the flag of Slovenia indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Slovenia.

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Historical Data

Bilateral Trade by Products

Exports from Slovenia () to Romania () (2023)

Exports from Romania () to Slovenia () (2023)

Latest Data

Trade between Slovenia () and Romania ()

Slovenia Exports

Romania Exports

Market Competitiveness

Difference in imports from Romania () and Slovenia () (2023)

Comparative Advantage Slovenia - Romania

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Slovenia () to Romania () (2020)

Services Exports from Romania () to Slovenia () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Slovenia () and Romania () (2023)

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