2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 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
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Slovenia-Thailand Trade: In 2022, Slovenia exported $55.2M to Thailand. The main products that Slovenia exported to Thailand were Iron Pipe Fittings ($6.88M), Packaged Medicaments ($5.5M), and Industrial Fatty Acids, Oils and Alcohols ($4.22M). Over the past 5 years the exports of Slovenia to Thailand have increased at an annualized rate of 7.4%, from $38.6M in 2017 to $55.2M in 2022.

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 2022, Thailand exported $209M to Slovenia. The main products that Thailand exported to Slovenia were Rubber ($75.6M), Air Conditioners ($12.8M), and Office Machine Parts ($10.4M). Over the past 5 years the exports of Thailand to Slovenia have increased at an annualized rate of 3.13%,  from $124M in 2017 to $209M in 2022.

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

Comparison: In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $55.2M to Thailand. The main products exported from Slovenia to Thailand were Iron Pipe Fittings ($6.88M), Packaged Medicaments ($5.5M), and Industrial Fatty Acids, Oils and Alcohols ($4.22M). During the last 5 years the exports of Slovenia to Thailand have increased at an annualized rate of 7.4%, from $38.6M in 2017 to $55.2M in 2022.

In 2017, Thailand exported $209M to Slovenia. The main products exported from Thailand to Slovenia were Rubber ($75.6M), Air Conditioners ($12.8M), and Office Machine Parts ($10.4M). During the last 5 years the exports of Thailand to Slovenia have increased at an annualized rate of 3.13%, from $124M in 2022 to $209M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Thailand (Flag)

Slovenia Exports

Thailand Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Thailand
Top Destination
United States$53.4B

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

In 2022, countries that imported more from Thailand than Slovenia included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

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 2022, Slovenia had a large net trade with Thailand in the exports of Machines ($13.8M), Chemical Products ($13.4M), and Metals ($8.56M).

During 2017, Thailand had a large net trade with Slovenia in the exports of Plastics and Rubbers ($104M), Machines ($54M), and Metals ($17.6M).

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) (2022)

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