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Pricing

2022
Flag → Flag
Exports $53.3MRnk 74 / 209
2022
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Top Product $9.4MNon-Iron and Steel Slag, Ash and Residues
2022
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Exports $159MRnk 35 / 200
2022
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Top Product $28.2MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
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Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
2022
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GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH33.4%CURRENT US$
Rnk 92 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186

About

Norway-Slovenia Trade: In 2022, Norway exported $53.3M to Slovenia. The main products that Norway exported to Slovenia were Non-Iron and Steel Slag, Ash and Residues ($9.4M), Amino-resins ($3.34M), and Fish Fillets ($3.3M). Over the past 5 years the exports of Norway to Slovenia have increased at an annualized rate of 10.8%, from $31.9M in 2017 to $53.3M in 2022.

In 2009, Norway exported services to Slovenia worth $8.15M, with Travel ($8.15M) being the largest in terms of value.

Slovenia-Norway Trade: In 2022, Slovenia exported $159M to Norway. The main products that Slovenia exported to Norway were Packaged Medicaments ($28.2M), Aluminium Bars ($21.7M), and Electrical Transformers ($13.6M). Over the past 5 years the exports of Slovenia to Norway have increased at an annualized rate of 4.75%,  from $105M in 2017 to $159M in 2022.

In 2020, Slovenia exported services to Norway worth $9.59M, with Transportation ($2.06M), Computer and information services ($1.94M), and Communications services ($1.6M) being the largest in terms of value.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK33.3M and imported NOK185M from Slovenia, resulting in a negative trade balance of NOK151M. Between July 2023 and July 2024 the exports of Norway have increased by NOK19.2M (136%) from NOK14.1M to NOK33.3M, while imports increased by NOK34.3M (22.8%) from NOK150M to NOK185M.

Trade In July 2024, the top exports of Norway to Slovenia were Electrical machinery, apparatus and appliances, n.e.s.,... (NOK17.4M), Road vehicles (including air-cushion vehicles) (NOK5.29M), Plastics in primary forms (NOK2.99M), Medicinal and pharmaceutical products (NOK1.69M), and Miscellaneous manufactured articles, n.e.s. (NOK969k). In July 2024 the top imports of Norway from Slovenia were Medicinal and pharmaceutical products (NOK38.2M), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK35.6M), Non-ferrous metals (NOK18.9M), Road vehicles (including air-cushion vehicles) (NOK18.1M), and General industrial machinery and equipment, n.e.s.,... (NOK14.5M).

Growth In July 2024, the increase in Norway's year-by-year exports to Slovenia was explained primarily by an increase in product exports in Electrical machinery, apparatus and appliances, n.e.s.,... (NOK16.9M or 3.37k%), Road vehicles (including air-cushion vehicles) (NOK4.85M or 1.09k%), and Plastics in primary forms (NOK2.97M or 15.6k%). In July 2024, the increase in Norway's year-by-year imports  from Slovenia was explained primarily by an increase in product imports  in Medicinal and pharmaceutical products (NOK30.3M or 385%), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK9.23M or 35%), and Road vehicles (including air-cushion vehicles) (NOK7.27M or 66.9%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK19.2M(136%)
IMPORT GROWTH (July 2023 - July 2024)NOK34.3M(22.8%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Slovenia and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Slovenia and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $53.3M to Slovenia. The main products exported from Norway to Slovenia were Non-Iron and Steel Slag, Ash and Residues ($9.4M), Amino-resins ($3.34M), and Fish Fillets ($3.3M). During the last 5 years the exports of Norway to Slovenia have increased at an annualized rate of 10.8%, from $31.9M in 2017 to $53.3M in 2022.

In 2017, Slovenia exported $159M to Norway. The main products exported from Slovenia to Norway were Packaged Medicaments ($28.2M), Aluminium Bars ($21.7M), and Electrical Transformers ($13.6M). During the last 5 years the exports of Slovenia to Norway have increased at an annualized rate of 4.75%, from $105M in 2022 to $159M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Slovenia
Top DestinationSwitzerland$9.92B

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

In 2022, countries that imported more from Norway than Slovenia included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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

Comparative Advantage Norway - Slovenia

Flow
Scale

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

During 2022, Norway had a large net trade with Slovenia in the exports of Mineral Products ($10.2M), Chemical Products ($7.71M), and Machines ($6.22M).

During 2017, Slovenia had a large net trade with Norway in the exports of Machines ($50.4M), Chemical Products ($34.6M), and Metals ($27.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Slovenia+$4.06MRaw Aluminium
Top Product Potential Slovenia Norway+$16.6MPackaged 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 2009, Norway exported services to Slovenia worth $8.15M, with Travel ($8.15M) being the largest in terms of value.

In 2020, Slovenia exported services to Norway worth $9.59M, with Transportation ($2.06M), Computer and information services ($1.94M), and Communications services ($1.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Norway (Flag) to Slovenia (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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