2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Sweden-Slovenia Trade: In 2022, Sweden exported $299M to Slovenia. The main products that Sweden exported to Slovenia were Cars ($46.9M), Flat Flat-Rolled Steel ($17.7M), and Tractors ($15.2M). Over the past 5 years the exports of Sweden to Slovenia have increased at an annualized rate of 4.4%, from $241M in 2017 to $299M in 2022.

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 2022, Slovenia exported $445M to Sweden. The main products that Slovenia exported to Sweden were Cars ($54.5M), Trailers and semi-trailers, not mechanically propelled vehicles ($35.4M), and Electrical Transformers ($20.8M). Over the past 5 years the exports of Slovenia to Sweden have increased at an annualized rate of 2.67%,  from $390M in 2017 to $445M in 2022.

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 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $299M to Slovenia. The main products exported from Sweden to Slovenia were Cars ($46.9M), Flat Flat-Rolled Steel ($17.7M), and Tractors ($15.2M). During the last 5 years the exports of Sweden to Slovenia have increased at an annualized rate of 4.4%, from $241M in 2017 to $299M in 2022.

In 2017, Slovenia exported $445M to Sweden. The main products exported from Slovenia to Sweden were Cars ($54.5M), Trailers and semi-trailers, not mechanically propelled vehicles ($35.4M), and Electrical Transformers ($20.8M). During the last 5 years the exports of Slovenia to Sweden have increased at an annualized rate of 2.67%, from $390M in 2022 to $445M in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Slovenia
Top Destination
Switzerland$9.92B

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 2022, countries that imported more from Sweden than Slovenia included Norway ($18.7B), United States ($17.8B), and Denmark ($14.6B).

In 2022, countries that imported more from Slovenia than Sweden included Switzerland ($9.92B), Croatia ($4.68B), and Austria ($3.75B).

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

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 2022, Sweden had a large net trade with Slovenia in the exports of Transportation ($75.3M), Machines ($65.5M), and Metals ($58.4M).

During 2017, Slovenia had a large net trade with Sweden in the exports of Machines ($191M), Transportation ($104M), and Metals ($37.9M).

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) (2022)

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