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2023
Flag → Flag
Exports $253MRnk 27 / 199
2023
Flag → Flag
Top Product $90.8MPackaged Medicaments
2023
Flag → Flag
Exports $81.5MRnk 54 / 193
2023
Flag → Flag
Top Product $10.9MHot-Rolled Iron
2023
Flag
Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
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Economic Complexity (ECI) ECI 0.39Rnk 47 / 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$179BCURRENT US$
Rnk 57 / 195
2013-2023
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GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 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$5,070CURRENT US$
Rnk 122 / 196
2013-2023
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GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Slovenia-Ukraine Trade: In 2023, Slovenia exported $253M to Ukraine. The main products that Slovenia exported to Ukraine were Packaged Medicaments ($90.8M), Refined Petroleum ($15.7M), and Uncoated Paper ($10.5M). Over the past 5 years the exports of Slovenia to Ukraine have increased at an annualized rate of 5.44%, from $194M in 2018 to $253M in 2023.

In 2000, Slovenia exported services to Ukraine worth $1.01M, with Travel ($492k), Other business services ($351k), and Transportation ($69.8k) being the largest in terms of value.

Ukraine-Slovenia Trade: In 2023, Ukraine exported $81.5M to Slovenia. The main products that Ukraine exported to Slovenia were Hot-Rolled Iron ($10.9M), Locomotive Parts ($9.68M), and Corn ($6.74M). Over the past 5 years the exports of Ukraine to Slovenia have increased at an annualized rate of 7.79%,  from $48.2M in 2018 to $81.5M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Slovenia exported $253M to Ukraine. The main products exported from Slovenia to Ukraine were Packaged Medicaments ($90.8M), Refined Petroleum ($15.7M), and Uncoated Paper ($10.5M). During the last 5 years the exports of Slovenia to Ukraine have increased at an annualized rate of 5.44%, from $194M in 2018 to $253M in 2023.

In 2018, Ukraine exported $81.5M to Slovenia. The main products exported from Ukraine to Slovenia were Hot-Rolled Iron ($10.9M), Locomotive Parts ($9.68M), and Corn ($6.74M). During the last 5 years the exports of Ukraine to Slovenia have increased at an annualized rate of 7.79%, from $48.2M in 2023 to $81.5M in 2018.

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

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

Latest Data

Trade between Slovenia (Flag) and Ukraine (Flag)

Slovenia Exports

Ukraine Exports

Market Competitiveness

Color
Slovenia
Top DestinationSwitzerland$13.5B
Ukraine
Top DestinationPoland$4.83B

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

In 2023, countries that imported more from Slovenia than Ukraine included Switzerland ($13.5B), Germany ($7.21B), and Croatia ($4.85B).

In 2023, countries that imported more from Ukraine than Slovenia included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

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

Comparative Advantage Slovenia - Ukraine

Flow
Scale

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

During 2023, Slovenia had a large net trade with Ukraine in the exports of Chemical Products ($125M), Machines ($44.4M), and Paper Goods ($20M).

During 2018, Ukraine had a large net trade with Slovenia in the exports of Metals ($18.6M), Transportation ($11.5M), and Vegetable Products ($10.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Ukraine+$17.8MPackaged Medicaments
Top Product Potential Ukraine Slovenia+$3.83MInsulated Wire

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

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

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