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2022
Flag → Flag
Exports $772MRnk 16 / 200
2022
Flag → Flag
Top Product $112MPackaged Medicaments
2022
Flag → Flag
Exports $883MRnk 21 / 203
2022
Flag → Flag
Top Product $74MCars
2022
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Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
2022
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Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
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GDP$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH33.4%CURRENT US$
Rnk 92 / 186
2022
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 GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
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GDP GROWTH22%CURRENT US$
Rnk 117 / 186
2022
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GDP PC $29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186
2022
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GDP PC$21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

Slovenia-Slovakia Trade: In 2022, Slovenia exported $772M to Slovakia. The main products that Slovenia exported to Slovakia were Packaged Medicaments ($112M), Motor vehicles; parts and accessories (8701 to 8705) ($58.2M), and Air Pumps ($41M). Over the past 5 years the exports of Slovenia to Slovakia have increased at an annualized rate of 6.04%, from $576M in 2017 to $772M in 2022.

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 2022, Slovakia exported $883M to Slovenia. The main products that Slovakia exported to Slovenia were Cars ($74M), Broadcasting Equipment ($45.5M), and Other Uncoated Paper ($41.8M). Over the past 5 years the exports of Slovakia to Slovenia have increased at an annualized rate of 8.67%,  from $583M in 2017 to $883M in 2022.

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 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $772M to Slovakia. The main products exported from Slovenia to Slovakia were Packaged Medicaments ($112M), Motor vehicles; parts and accessories (8701 to 8705) ($58.2M), and Air Pumps ($41M). During the last 5 years the exports of Slovenia to Slovakia have increased at an annualized rate of 6.04%, from $576M in 2017 to $772M in 2022.

In 2017, Slovakia exported $883M to Slovenia. The main products exported from Slovakia to Slovenia were Cars ($74M), Broadcasting Equipment ($45.5M), and Other Uncoated Paper ($41.8M). During the last 5 years the exports of Slovakia to Slovenia have increased at an annualized rate of 8.67%, from $583M in 2022 to $883M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Slovakia (Flag)

Slovenia Exports

Slovakia Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$9.92B
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Slovakia than Slovenia included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

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 2022, Slovenia had a large net trade with Slovakia in the exports of Chemical Products ($187M), Machines ($185M), and Metals ($111M).

During 2017, Slovakia had a large net trade with Slovenia in the exports of Metals ($205M), Machines ($193M), and Paper Goods ($109M).

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) (2022)

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