2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 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
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Slovenia-Singapore Trade: In 2022, Slovenia exported $51.3M to Singapore. The main products that Slovenia exported to Singapore were Iron Structures ($5.28M), Packaged Medicaments ($4.5M), and Electric Batteries ($2.7M). Over the past 5 years the exports of Slovenia to Singapore have decreased at an annualized rate of 0.85%, from $53.5M in 2017 to $51.3M in 2022.

In 2020, Slovenia exported services to Singapore worth $20.2M, with Insurance services ($7.42M), Transportation ($5.48M), and Other business services ($2.51M) being the largest in terms of value.

Singapore-Slovenia Trade: In 2022, Singapore exported $289M to Slovenia. The main products that Singapore exported to Slovenia were Packaged Medicaments ($229M), Planes, Helicopters, and/or Spacecraft ($24.4M), and Office Machine Parts ($3.69M). Over the past 5 years the exports of Singapore to Slovenia have increased at an annualized rate of 51.4%,  from $36.4M in 2017 to $289M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $51.3M to Singapore. The main products exported from Slovenia to Singapore were Iron Structures ($5.28M), Packaged Medicaments ($4.5M), and Electric Batteries ($2.7M). During the last 5 years the exports of Slovenia to Singapore have decreased at an annualized rate of 0.85%, from $53.5M in 2017 to $51.3M in 2022.

In 2017, Singapore exported $289M to Slovenia. The main products exported from Singapore to Slovenia were Packaged Medicaments ($229M), Planes, Helicopters, and/or Spacecraft ($24.4M), and Office Machine Parts ($3.69M). During the last 5 years the exports of Singapore to Slovenia have increased at an annualized rate of 51.4%, from $36.4M in 2022 to $289M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Singapore (Flag)

Slovenia Exports

Singapore Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from Slovenia than Singapore included Italy ($6.28B), Switzerland ($9.92B), and Croatia ($4.68B).

In 2022, countries that imported more from Singapore than Slovenia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Slovenia - Singapore

Flow
Scale

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

During 2022, Slovenia had a large net trade with Singapore in the exports of Machines ($18.9M), Metals ($8.41M), and Chemical Products ($6.59M).

During 2017, Singapore had a large net trade with Slovenia in the exports of Chemical Products ($235M), Transportation ($25.6M), and Machines ($18M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Singapore+$7.86MPackaged Medicaments
Top Product Potential Singapore Slovenia+$7.27MPackaged Medicaments

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

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

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