2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
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 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
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GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186
2022
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GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

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 11%, from $124M in 2017 to $209M in 2022.

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

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.

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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, 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 11%, from $124M in 2017 to $209M in 2022.

In 2017, 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 2022 to $55.2M in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Slovenia (Flag)

Thailand Exports

Slovenia Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Thailand - Slovenia

Flow
Scale

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

During 2022, Thailand had a large net trade with Slovenia in the exports of Plastics and Rubbers ($104M), Machines ($54M), and Metals ($17.6M).

During 2017, Slovenia had a large net trade with Thailand in the exports of Machines ($13.8M), Chemical Products ($13.4M), and Metals ($8.56M).

Potential Exports

Potential Exports

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

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, 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.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Thailand (Flag) and Slovenia (Flag) (2022)

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