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2023
Flag → Flag
Exports $157MRnk 36 / 199
2023
Flag → Flag
Top Product $41.1MPackaged Medicaments
2023
Flag → Flag
Exports $1.11BRnk 38 / 182
2023
Flag → Flag
Top Product $1.07BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Slovenia-Saudi Arabia Trade: In 2023, Slovenia exported $157M to Saudi Arabia. The main products that Slovenia exported to Saudi Arabia were Packaged Medicaments ($41.1M), Sawn Wood ($21.6M), and Vaccines, blood, antisera, toxins and cultures ($14.8M). Over the past 5 years the exports of Slovenia to Saudi Arabia have increased at an annualized rate of 2.03%, from $142M in 2018 to $157M in 2023.

In 2023, Slovenia did not export any services to Saudi Arabia.

Saudi Arabia-Slovenia Trade: In 2023, Saudi Arabia exported $1.11B to Slovenia. The main products that Saudi Arabia exported to Slovenia were Refined Petroleum ($1.07B), Raw Aluminium ($15.5M), and Ethylene Polymers ($5.95M). Over the past 5 years the exports of Saudi Arabia to Slovenia have increased at an annualized rate of 57.2%,  from $116M in 2018 to $1.11B in 2023.

In 2023, Saudi Arabia did not export any services to Slovenia.

Comparison: In 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $157M to Saudi Arabia. The main products exported from Slovenia to Saudi Arabia were Packaged Medicaments ($41.1M), Sawn Wood ($21.6M), and Vaccines, blood, antisera, toxins and cultures ($14.8M). During the last 5 years the exports of Slovenia to Saudi Arabia have increased at an annualized rate of 2.03%, from $142M in 2018 to $157M in 2023.

In 2018, Saudi Arabia exported $1.11B to Slovenia. The main products exported from Saudi Arabia to Slovenia were Refined Petroleum ($1.07B), Raw Aluminium ($15.5M), and Ethylene Polymers ($5.95M). During the last 5 years the exports of Saudi Arabia to Slovenia have increased at an annualized rate of 57.2%, from $116M in 2023 to $1.11B in 2018.

Exports from Slovenia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Slovenia (Flag) (2023)

Latest Data

Trade between Slovenia (Flag) and Saudi Arabia (Flag)

Slovenia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Slovenia than Saudi Arabia included Switzerland ($13.5B), Croatia ($4.85B), and Germany ($7.21B).

In 2023, countries that imported more from Saudi Arabia than Slovenia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Slovenia (Flag) (2023)

Comparative Advantage Slovenia - Saudi Arabia

Flow
Scale

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

During 2023, Slovenia had a large net trade with Saudi Arabia in the exports of Chemical Products ($60.5M), Wood Products ($26.7M), and Machines ($17.9M).

During 2018, Saudi Arabia had a large net trade with Slovenia in the exports of Mineral Products ($1.07B), Metals ($17.5M), and Plastics and Rubbers ($12.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Saudi Arabia+$28.7MPackaged Medicaments
Top Product Potential Saudi Arabia Slovenia+$9.68MEthylene Polymers

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

Product Space of Slovenia (Flag) and Saudi Arabia (Flag) (2023)

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