2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 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
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

Slovenia-Serbia Trade: In 2022, Slovenia exported $1.54B to Serbia. The main products that Slovenia exported to Serbia were Cars ($171M), Packaged Medicaments ($161M), and Electricity ($81.9M). Over the past 5 years the exports of Slovenia to Serbia have increased at an annualized rate of 8.59%, from $1.02B in 2017 to $1.54B in 2022.

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

Serbia-Slovenia Trade: In 2022, Serbia exported $790M to Slovenia. The main products that Serbia exported to Slovenia were Medical Instruments ($63.1M), Air Pumps ($40.5M), and Insulated Wire ($26.5M). Over the past 5 years the exports of Serbia to Slovenia have increased at an annualized rate of 7.02%,  from $563M in 2017 to $790M in 2022.

In 2019, Serbia exported services to Slovenia worth $277M, with Travel ($85.1M), Transportation ($62.7M), and Other business services ($58.2M) being the largest in terms of value.

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $1.54B to Serbia. The main products exported from Slovenia to Serbia were Cars ($171M), Packaged Medicaments ($161M), and Electricity ($81.9M). During the last 5 years the exports of Slovenia to Serbia have increased at an annualized rate of 8.59%, from $1.02B in 2017 to $1.54B in 2022.

In 2017, Serbia exported $790M to Slovenia. The main products exported from Serbia to Slovenia were Medical Instruments ($63.1M), Air Pumps ($40.5M), and Insulated Wire ($26.5M). During the last 5 years the exports of Serbia to Slovenia have increased at an annualized rate of 7.02%, from $563M in 2022 to $790M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Serbia (Flag)

Slovenia Exports

Serbia Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Serbia
Top Destination
Germany$4B

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

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

In 2022, countries that imported more from Serbia than Slovenia included Bosnia and Herzegovina ($2.14B), Montenegro ($1.15B), and China ($1.3B).

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

Comparative Advantage Slovenia - Serbia

Flow
Scale

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

During 2022, Slovenia had a large net trade with Serbia in the exports of Machines ($337M), Chemical Products ($287M), and Transportation ($261M).

During 2017, Serbia had a large net trade with Slovenia in the exports of Machines ($214M), Metals ($143M), and Plastics and Rubbers ($85.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Serbia+$3.87MRefined Petroleum
Top Product Potential Serbia Slovenia+$4.22MRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2019, Serbia exported services to Slovenia worth $277M, with Travel ($85.1M), Transportation ($62.7M), and Other business services ($58.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia (Flag) to Slovenia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with