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2023
Flag → Flag
Exports $695MRnk 18 / 199
2023
Flag → Flag
Top Product $97.1MPackaged Medicaments
2023
Flag → Flag
Exports $622MRnk 24 / 197
2023
Flag → Flag
Top Product $97MCars
2023
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Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
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Economic Complexity (ECI) ECI 1.35Rnk 15 / 132
2023
Flag  
GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
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GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
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 GDP$133BCURRENT US$
Rnk 61 / 195
2013-2023
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GDP GROWTH34.1%CURRENT US$
Rnk 104 / 195
2023
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GDP PC $32,610CURRENT US$
Rnk 43 / 195
2013-2023
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GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195
2023
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GDP PC$24,491CURRENT US$
Rnk 51 / 196
2013-2023
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GDP PC GROWTH33.7%CURRENT US$
Rnk 71 / 195

About

Slovenia-Slovakia Trade: In 2023, Slovenia exported $695M to Slovakia. The main products that Slovenia exported to Slovakia were Packaged Medicaments ($97.1M), Motor vehicles; parts and accessories (8701 to 8705) ($69.2M), and Air Pumps ($48.7M). Over the past 5 years the exports of Slovenia to Slovakia have increased at an annualized rate of 2.95%, from $601M in 2018 to $695M in 2023.

In 2020, Slovenia exported services to Slovakia worth $132M, with Transportation ($104M), Travel ($11.9M), and Other business services ($11.2M) being the largest in terms of value.

Slovakia-Slovenia Trade: In 2023, Slovakia exported $622M to Slovenia. The main products that Slovakia exported to Slovenia were Cars ($97M), Scrap Iron ($23.8M), and Raw Aluminium ($19.4M). Over the past 5 years the exports of Slovakia to Slovenia have increased at an annualized rate of 0.84%,  from $596M in 2018 to $622M in 2023.

In 2020, Slovakia exported services to Slovenia worth $64M, with Transportation ($39.5M), Other business services ($11.4M), and Travel ($5.71M) 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $695M to Slovakia. The main products exported from Slovenia to Slovakia were Packaged Medicaments ($97.1M), Motor vehicles; parts and accessories (8701 to 8705) ($69.2M), and Air Pumps ($48.7M). During the last 5 years the exports of Slovenia to Slovakia have increased at an annualized rate of 2.95%, from $601M in 2018 to $695M in 2023.

In 2018, Slovakia exported $622M to Slovenia. The main products exported from Slovakia to Slovenia were Cars ($97M), Scrap Iron ($23.8M), and Raw Aluminium ($19.4M). During the last 5 years the exports of Slovakia to Slovenia have increased at an annualized rate of 0.84%, from $596M in 2023 to $622M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Slovakia (Flag)

Slovenia Exports

Slovakia Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Slovakia
Top DestinationGermany$21.5B

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

In 2023, countries that imported more from Slovenia than Slovakia included Switzerland ($13.5B), Croatia ($4.85B), and Italy ($6.23B).

In 2023, countries that imported more from Slovakia than Slovenia included Germany ($21.5B), Czechia ($11.1B), and Hungary ($7.34B).

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

Comparative Advantage Slovenia - Slovakia

Flow
Scale

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

During 2023, Slovenia had a large net trade with Slovakia in the exports of Machines ($180M), Chemical Products ($148M), and Transportation ($118M).

During 2018, Slovakia had a large net trade with Slovenia in the exports of Metals ($153M), Machines ($120M), and Transportation ($118M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Slovakia+$24.1MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Slovakia Slovenia+$60.7MCars

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 Slovakia worth $132M, with Transportation ($104M), Travel ($11.9M), and Other business services ($11.2M) being the largest in terms of value.

In 2020, Slovakia exported services to Slovenia worth $64M, with Transportation ($39.5M), Other business services ($11.4M), and Travel ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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