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2023
Flag → Flag
Exports $64.9MRnk 57 / 199
2023
Flag → Flag
Top Product $9.2MPackaged Medicaments
2023
Flag → Flag
Exports $170MRnk 75 / 216
2023
Flag → Flag
Top Product $32.9MRubber
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Slovenia-Thailand Trade: In 2023, Slovenia exported $64.9M to Thailand. The main products that Slovenia exported to Thailand were Packaged Medicaments ($9.2M), Other Rubber Products ($5.05M), and Industrial Fatty Acids, Oils and Alcohols ($4.27M). Over the past 5 years the exports of Slovenia to Thailand have increased at an annualized rate of 5.82%, from $48.9M in 2018 to $64.9M in 2023.

In 2020, Slovenia exported services to Thailand worth $2.63M, with Communications services ($800k), Transportation ($685k), and Insurance services ($571k) being the largest in terms of value.

Thailand-Slovenia Trade: In 2023, Thailand exported $170M to Slovenia. The main products that Thailand exported to Slovenia were Rubber ($32.9M), Integrated Circuits ($13.4M), and Air Conditioners ($10M). Over the past 5 years the exports of Thailand to Slovenia have increased at an annualized rate of 11.1%,  from $100M in 2018 to $170M in 2023.

In 2023, Thailand did not export any services to Slovenia.

Comparison: In 2023,  Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $64.9M to Thailand. The main products exported from Slovenia to Thailand were Packaged Medicaments ($9.2M), Other Rubber Products ($5.05M), and Industrial Fatty Acids, Oils and Alcohols ($4.27M). During the last 5 years the exports of Slovenia to Thailand have increased at an annualized rate of 5.82%, from $48.9M in 2018 to $64.9M in 2023.

In 2018, Thailand exported $170M to Slovenia. The main products exported from Thailand to Slovenia were Rubber ($32.9M), Integrated Circuits ($13.4M), and Air Conditioners ($10M). During the last 5 years the exports of Thailand to Slovenia have increased at an annualized rate of 11.1%, from $100M in 2023 to $170M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Thailand (Flag)

Slovenia Exports

Thailand Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Thailand
Top DestinationUnited States$58.5B

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

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

In 2023, countries that imported more from Thailand than Slovenia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Slovenia - Thailand

Flow
Scale

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

During 2023, Slovenia had a large net trade with Thailand in the exports of Chemical Products ($22.7M), Machines ($16.4M), and Plastics and Rubbers ($7.56M).

During 2018, Thailand had a large net trade with Slovenia in the exports of Plastics and Rubbers ($60.2M), Machines ($59.8M), and Transportation ($14.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Thailand+$9.9MPackaged Medicaments
Top Product Potential Thailand Slovenia+$8.44MDelivery Trucks

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

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

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