2022
Exports
$11MWorld Rnk 41 / 159
Flag Rnk 365 / 1197
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$20.6MWorld Rnk 46 / 209
Flag Rnk 375 / 1210
2022
ECONOMIC COMPLEXITY of Slovenia
1.45Rnk 11 / 133

About

Exports In 2022, Slovenia exported $11M in Electric Furnaces, making it the 41st largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 365th most exported product in Slovenia. The main destination of Electric Furnaces exports from Slovenia are: Austria ($2.76M), Germany ($1.32M), Russia ($1.07M), Serbia ($913k), and Czechia ($749k).

The fastest growing export markets for Electric Furnaces of Slovenia between 2021 and 2022 were Russia ($601k), Czechia ($600k), and Serbia ($550k).

Imports In 2022, Slovenia imported $20.6M in Electric Furnaces, becoming the 46th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 375th most imported product in Slovenia. Slovenia imports Electric Furnaces primarily from: Italy ($7.59M), Germany ($3.67M), Austria ($2.69M), China ($1.94M), and Czechia ($1.21M).

The fastest growing import markets in Electric Furnaces for Slovenia between 2021 and 2022 were Italy ($3.64M), Austria ($1.26M), and Czechia ($851k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11M
IMPORTS (2022)$20.6M
NET TRADE (2022)-$9.57M

In 2022, Slovenia exported $11M in Electric Furnaces. The main destinations of Slovenia exports on Electric Furnaces were Austria ($2.76M), Germany ($1.32M), Russia ($1.07M), Serbia ($913k), and Czechia ($749k).

In 2022, Slovenia imported $20.6M in Electric Furnaces, mainly from Italy ($7.59M), Germany ($3.67M), Austria ($2.69M), China ($1.94M), and Czechia ($1.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Slovenia WERE (2021 - 2022):
Russia$601k (128%)
Czechia$600k (404%)
Serbia$550k (152%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Slovenia WERE (2021 - 2022):
Poland-$2.45M (-95.4%)
Austria-$439k (-13.7%)
Ukraine-$120k (-72%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Slovenia's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Slovenia's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $596k
TOP IMPORT POTENTIALChina+ $874k

Electric Furnaces’s highest export potential is Germany. With an export gap of $596k.   Electric Furnaces’s highest import potential is China with an import gap of $874k.

See methodology.

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