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2022
Flag → Flag
Exports $289MRnk 58 / 215
2022
Flag → Flag
Top Product $229MPackaged Medicaments
2022
Flag → Flag
Exports $51.3MRnk 58 / 200
2022
Flag → Flag
Top Product $5.28MIron Structures
2022
Flag
Economic Complexity (ECI) ECI 1.68Rnk 6 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
2022
Flag  
GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
 GDP$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC$29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186

About

Singapore-Slovenia Trade: In 2022, Singapore exported $289M to Slovenia. The main products that Singapore exported to Slovenia were Packaged Medicaments ($229M), Planes, Helicopters, and/or Spacecraft ($24.4M), and Office Machine Parts ($3.69M). Over the past 5 years the exports of Singapore to Slovenia have increased at an annualized rate of 51.4%, from $36.4M in 2017 to $289M in 2022.

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

Slovenia-Singapore Trade: In 2022, Slovenia exported $51.3M to Singapore. The main products that Slovenia exported to Singapore were Iron Structures ($5.28M), Packaged Medicaments ($4.5M), and Electric Batteries ($2.7M). Over the past 5 years the exports of Slovenia to Singapore have decreased at an annualized rate of 0.85%,  from $53.5M in 2017 to $51.3M in 2022.

In 2020, Slovenia exported services to Singapore worth $20.2M, with Insurance services ($7.42M), Transportation ($5.48M), and Other business services ($2.51M) being the largest in terms of value.

Comparison: In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, Singapore exported $289M to Slovenia. The main products exported from Singapore to Slovenia were Packaged Medicaments ($229M), Planes, Helicopters, and/or Spacecraft ($24.4M), and Office Machine Parts ($3.69M). During the last 5 years the exports of Singapore to Slovenia have increased at an annualized rate of 51.4%, from $36.4M in 2017 to $289M in 2022.

In 2017, Slovenia exported $51.3M to Singapore. The main products exported from Slovenia to Singapore were Iron Structures ($5.28M), Packaged Medicaments ($4.5M), and Electric Batteries ($2.7M). During the last 5 years the exports of Slovenia to Singapore have decreased at an annualized rate of 0.85%, from $53.5M in 2022 to $51.3M in 2017.

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

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

Latest Data

Trade between Singapore (Flag) and Slovenia (Flag)

Singapore Exports

Slovenia Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Slovenia
Top DestinationSwitzerland$9.92B

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

In 2022, countries that imported more from Singapore than Slovenia included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Slovenia than Singapore included Italy ($6.28B), Switzerland ($9.92B), and Croatia ($4.68B).

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

Comparative Advantage Singapore - Slovenia

Flow
Scale

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

During 2022, Singapore had a large net trade with Slovenia in the exports of Chemical Products ($235M), Transportation ($25.6M), and Machines ($18M).

During 2017, Slovenia had a large net trade with Singapore in the exports of Machines ($18.9M), Metals ($8.41M), and Chemical Products ($6.59M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Singapore Slovenia+$7.27MPackaged Medicaments
Top Product Potential Slovenia Singapore+$7.86MPackaged 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 2020, Slovenia exported services to Singapore worth $20.2M, with Insurance services ($7.42M), Transportation ($5.48M), and Other business services ($2.51M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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