OVERVIEW
Slovenia is a small but remarkably diverse country located in Central Europe, known for its rich natural beauty that goes from its emerald rivers and dense forests to its Adriatic Coastline, high quality of life and quiet strength on the European trade scenario.
In 2023, Slovenia ranked
- 85th in terms of GDP, currently valued as $60.1B, out of 195 economies in the world;
- 53rd in terms of total exports out of 226 countries;
- 43rd in terms of GDP per capita, valued with current US$, out of 196 economies in the world.
ECONOMIC COMPLEXITY RANKING
EXPORT
In 2023 it was estimated that the principal products that were exported from Slovenia were
- Packaged Medicaments - $18.5B;
- Cars - $3.46B;
- Refined Petroleum - $2.03B;
- Motor vehicles; parts and accessories - $1.43B;
- Electricity - $1.14B.
On the other hand, the commonest destinations for Slovenian exports were
- Switzerland - $13.5B;
- Germany - $7.21B;
- Italy - $6.23B;
- Croatia - $4.85B;
- Austria - $3.38B.
IMPORT
In 2023 the most imported product from other countries to Slovenia were
- Nitrogen Heterocyclic Compounds - $10.1B;
- Packaged Medicaments - $7.62B;
- Refined Petroleum - $3.43B;
- Cars - $2.61B;
- Vaccines, blood, antisera, toxins and cultures - $1.09B.
These goods are mainly produced by
- Switzerland - $10.6B;
- China - $9.61B;
- Germany - $6.6B;
- Italy - $5.59B;
- Austria - $3.61B.
YEARLY TRADE
During the last five reported years, the exports of Slovenia have increased by $22.1B, from $38.1B in 2018 to $60.3B in 2023.
The most recent exports are led by
- Packaged Medicaments - $16.8B;
- Cars - $3.56B;
- Refined Petroleum - $2.04B;
- Motor vehicles; parts and accessories - $1.51B;
- Electricity - $1.12B.
CONCLUSIONS
Emerging from a history shaped by empires and transitions, Slovenia has become a symbol of balance and progress in the heart of Europe. What defines the country today isn’t only its breathtaking landscapes or economic achievements, but the deep-rooted harmony between nature, culture and the people who call it home.
With a steady commitment to sustainability, innovation and European cooperation, Slovenia continues to grow in a way that’s not loud but it doesn’t lack of confidence and a sense of identity.
Source: https://oec.world/en
