2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 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

India-Slovenia Trade: In 2022, India exported $777M to Slovenia. The main products that India exported to Slovenia were Nitrogen Heterocyclic Compounds ($105M), Raw Aluminium ($104M), and Packaged Medicaments ($93.6M). Over the past 5 years the exports of India to Slovenia have increased at an annualized rate of 20.3%, from $309M in 2017 to $777M in 2022.

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

Slovenia-India Trade: In 2022, Slovenia exported $249M to India. The main products that Slovenia exported to India were Nucleic Acids ($35.6M), Motor vehicles; parts and accessories (8701 to 8705) ($18.1M), and Antibiotics ($12.3M). Over the past 5 years the exports of Slovenia to India have increased at an annualized rate of 16.4%,  from $116M in 2017 to $249M in 2022.

In 2020, Slovenia exported services to India worth $9.14M, with Insurance services ($3.77M), Other business services ($2.17M), and Transportation ($1.83M) being the largest in terms of value.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). 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, India exported $777M to Slovenia. The main products exported from India to Slovenia were Nitrogen Heterocyclic Compounds ($105M), Raw Aluminium ($104M), and Packaged Medicaments ($93.6M). During the last 5 years the exports of India to Slovenia have increased at an annualized rate of 20.3%, from $309M in 2017 to $777M in 2022.

In 2017, Slovenia exported $249M to India. The main products exported from Slovenia to India were Nucleic Acids ($35.6M), Motor vehicles; parts and accessories (8701 to 8705) ($18.1M), and Antibiotics ($12.3M). During the last 5 years the exports of Slovenia to India have increased at an annualized rate of 16.4%, from $116M in 2022 to $249M in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Slovenia
Top Destination
Switzerland$9.92B

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

In 2022, countries that imported more from India than Slovenia included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

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

Comparative Advantage India - Slovenia

Flow
Scale

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

During 2022, India had a large net trade with Slovenia in the exports of Chemical Products ($268M), Metals ($160M), and Mineral Products ($73.4M).

During 2017, Slovenia had a large net trade with India in the exports of Machines ($65.7M), Chemical Products ($60.7M), and Metals ($31.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Slovenia+$133MRefined Petroleum
Top Product Potential Slovenia India+$22.5MMotor vehicles; parts and accessories (8701 to 8705)

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Slovenia exported services to India worth $9.14M, with Insurance services ($3.77M), Other business services ($2.17M), and Transportation ($1.83M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with