2023
Exports
$429MWorld Rnk 31 / 211
Flag Rnk 15 / 1197
2023
PRODUCT COMPLEXITY IN Electric Motors
0.8Rnk 253 / 1025
2023
Imports
$181MWorld Rnk 49 / 226
Flag Rnk 47 / 1212
2023
ECONOMIC COMPLEXITY of Slovenia
1.48Rnk 12 / 132

About

Exports In 2023, Slovenia exported $429M in Electric Motors, making it the 31st largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 15th most exported product in Slovenia. The main destination of Electric Motors exports from Slovenia are: Germany ($89.3M), Poland ($44.3M), United States ($40.9M), Denmark ($28.3M), and Italy ($24.6M).

The fastest growing export markets for Electric Motors of Slovenia between 2022 and 2023 were Germany ($11.5M), Czechia ($9.34M), and Romania ($7.83M).

Imports In 2023, Slovenia imported $181M in Electric Motors, becoming the 49th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 47th most imported product in Slovenia. Slovenia imports Electric Motors primarily from: France ($56.1M), China ($37.8M), Germany ($30.5M), Austria ($10.4M), and Italy ($6.69M).

The fastest growing import markets in Electric Motors for Slovenia between 2022 and 2023 were Switzerland ($1.5M), Lithuania ($1.05M), and Portugal ($714k).

Latest Trends

Jan 2025

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 Motors. 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 (2023)$429M
IMPORTS (2023)$181M
NET TRADE (2023)$248M

In 2023, Slovenia exported $429M in Electric Motors. The main destinations of Slovenia exports on Electric Motors were Germany ($89.3M), Poland ($44.3M), United States ($40.9M), Denmark ($28.3M), and Italy ($24.6M).

In 2023, Slovenia imported $181M in Electric Motors, mainly from France ($56.1M), China ($37.8M), Germany ($30.5M), Austria ($10.4M), and Italy ($6.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Slovenia WERE (2022 - 2023):
Germany$11.5M (14.8%)
Czechia$9.34M (64.9%)
Romania$7.83M (50.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Slovenia WERE (2022 - 2023):
Canada-$8.04M (-72.3%)
Hungary-$4.34M (-34.9%)
France-$1.66M (-14.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Slovenia's main exporting competitors in Electric Motors were:
In 2023, Slovenia's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.3M
TOP IMPORT POTENTIALChina+ $14.5M

Electric Motors’s highest export potential is United States. With an export gap of $26.3M.   Electric Motors’s highest import potential is China with an import gap of $14.5M.

See methodology.

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