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2023
Flag → Flag
Exports $413MRnk 23 / 199
2023
Flag → Flag
Top Product $31.3MElectrical Transformers
2023
Flag → Flag
Exports $415MRnk 50 / 216
2023
Flag → Flag
Top Product $102MCars
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 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
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 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$55,517CURRENT US$
Rnk 19 / 196
2013-2023
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GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Slovenia-Sweden Trade: In 2023, Slovenia exported $413M to Sweden. The main products that Slovenia exported to Sweden were Electrical Transformers ($31.3M), Cars ($29.3M), and Machinery Having Individual Functions ($22.2M). Over the past 5 years the exports of Slovenia to Sweden have increased at an annualized rate of 3.12%, from $354M in 2018 to $413M in 2023.

In 2020, Slovenia exported services to Sweden worth $77.7M, with Transportation ($30.2M), Other business services ($18.7M), and Travel ($16.7M) being the largest in terms of value.

Sweden-Slovenia Trade: In 2023, Sweden exported $415M to Slovenia. The main products that Sweden exported to Slovenia were Cars ($102M), Tractors ($24M), and Packaged Medicaments ($23.9M). Over the past 5 years the exports of Sweden to Slovenia have increased at an annualized rate of 10.2%,  from $255M in 2018 to $415M in 2023.

In 2020, Sweden exported services to Slovenia worth $28.6M, with Computer and information services ($10.7M), Transportation ($6.28M), and Other business services ($5.48M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $413M to Sweden. The main products exported from Slovenia to Sweden were Electrical Transformers ($31.3M), Cars ($29.3M), and Machinery Having Individual Functions ($22.2M). During the last 5 years the exports of Slovenia to Sweden have increased at an annualized rate of 3.12%, from $354M in 2018 to $413M in 2023.

In 2018, Sweden exported $415M to Slovenia. The main products exported from Sweden to Slovenia were Cars ($102M), Tractors ($24M), and Packaged Medicaments ($23.9M). During the last 5 years the exports of Sweden to Slovenia have increased at an annualized rate of 10.2%, from $255M in 2023 to $415M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Sweden (Flag)

Slovenia Exports

Sweden Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Slovenia than Sweden included Switzerland ($13.5B), Croatia ($4.85B), and Austria ($3.38B).

In 2023, countries that imported more from Sweden than Slovenia included United States ($18.1B), Denmark ($14.4B), and Germany ($18.4B).

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

Comparative Advantage Slovenia - Sweden

Flow
Scale

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

During 2023, Slovenia had a large net trade with Sweden in the exports of Machines ($209M), Transportation ($60.7M), and Metals ($47.3M).

During 2018, Sweden had a large net trade with Slovenia in the exports of Transportation ($145M), Machines ($98M), and Chemical Products ($43.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Sweden+$37.1MCars
Top Product Potential Sweden Slovenia+$25.7MCars

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 Sweden worth $77.7M, with Transportation ($30.2M), Other business services ($18.7M), and Travel ($16.7M) being the largest in terms of value.

In 2020, Sweden exported services to Slovenia worth $28.6M, with Computer and information services ($10.7M), Transportation ($6.28M), and Other business services ($5.48M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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

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