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2023
Flag → Flag
Exports $415MRnk 50 / 216
2023
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Top Product $102MCars
2023
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Exports $413MRnk 23 / 199
2023
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Top Product $31.3MElectrical Transformers
2023
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Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
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Economic Complexity (ECI) ECI 1.48Rnk 12 / 132
2023
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GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
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GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
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 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 PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
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GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
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GDP PC$32,610CURRENT US$
Rnk 43 / 196
2013-2023
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GDP PC GROWTH40.3%CURRENT US$
Rnk 61 / 195

About

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.

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.

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Latest Trends

October, 2024

About

Overview In October 2024, Sweden exported SEK246M and imported SEK376M from Slovenia, resulting in a negative trade balance of SEK130M. Between October 2023 and October 2024 the exports of Sweden have decreased by SEK-10.7M (-4.18%) from SEK257M to SEK246M, while imports decreased by SEK-29.5M (-7.27%) from SEK405M to SEK376M.

Trade In October 2024, the top exports of Sweden to Slovenia were Cars (SEK55.9M), Flat Flat-Rolled Steel (SEK19.4M), Large Flat-Rolled Stainless Steel (SEK9.55M), Delivery Trucks (SEK7.38M), and Vinyl Chloride Polymers (SEK6.23M). In October 2024 the top imports of Sweden from Slovenia were Cars (SEK50.9M), Packaged Medicaments (SEK16.4M), Other Aluminium Products (SEK13.2M), Machinery Having Individual Functions (SEK13M), and Trailers and semi-trailers, not mechanically propelled... (SEK12.9M).

Growth In October 2024, the decrease in Sweden's year-by-year exports to Slovenia was explained primarily by an decrease in product exports in Recovered Paper (SEK-2.83M or -34%), Telephones (SEK-2.26M or -83.3%), and Printed Circuit Boards (SEK-1.86M or -78.1%). In October 2024, the decrease in Sweden's year-by-year imports  from Slovenia was explained primarily by an decrease in product imports  in Washing and Bottling Machines (SEK-9.04M or -54.1%), Trailers and semi-trailers, not mechanically propelled... (SEK-5.87M or -31.2%), and Electric Heaters (SEK-4.63M or -61.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2023 - October 2024)SEK-10.7M(-4.18%)
IMPORT GROWTH (October 2023 - October 2024)SEK-29.5M(-7.27%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Slovenia and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Slovenia and Sweden Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $415M in 2023.

In 2018, 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 2023 to $413M in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Sweden - Slovenia

Flow
Scale

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

During 2023, Sweden had a large net trade with Slovenia in the exports of Transportation ($145M), Machines ($98M), and Chemical Products ($43.1M).

During 2018, Slovenia had a large net trade with Sweden in the exports of Machines ($209M), Transportation ($60.7M), and Metals ($47.3M).

Potential Exports

Potential Exports

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

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, 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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sweden and Slovenia. This means that a dot/product with the flag of Sweden indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Sweden.

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

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