2022
Flag  
GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%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
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Slovenia-Iceland Trade: In 2022, Slovenia exported $27.6M to Iceland. The main products that Slovenia exported to Iceland were Cars ($11.1M), Trailers and semi-trailers, not mechanically propelled vehicles ($2.16M), and Plastic Lids ($2.02M). Over the past 5 years the exports of Slovenia to Iceland have increased at an annualized rate of 26.9%, from $8.37M in 2017 to $27.6M in 2022.

In 2020, Slovenia exported services to Iceland worth $3.43M, with Other business services ($2.06M), Construction services ($1.14M), and Transportation ($114k) being the largest in terms of value.

Iceland-Slovenia Trade: In 2022, Iceland exported $2.98M to Slovenia. The main products that Iceland exported to Slovenia were Raw Aluminium ($2.1M), Phosphoric Acid ($222k), and Fish oil ($102k). Over the past 5 years the exports of Iceland to Slovenia have increased at an annualized rate of 2.7%,  from $2.61M in 2017 to $2.98M in 2022.

In 2019, Iceland exported services to Slovenia worth $3.47M, with Travel ($3.13M) and Transportation ($336k) being the largest in terms of value.

Comparison In 2022,  Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45),  and 56 in total exports ($56B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Slovenia exported $27.6M to Iceland. The main products exported from Slovenia to Iceland were Cars ($11.1M), Trailers and semi-trailers, not mechanically propelled vehicles ($2.16M), and Plastic Lids ($2.02M). During the last 5 years the exports of Slovenia to Iceland have increased at an annualized rate of 1,68%, from $49.2M in 2017 to $27.6M in 2022.

In 2017, Iceland exported $2.98M to Slovenia. The main products exported from Iceland to Slovenia were Raw Aluminium ($2.1M), Phosphoric Acid ($222k), and Fish oil ($102k). During the last 5 years the exports of Iceland to Slovenia have increased at an annualized rate of 11,8%, from $2.89M in 2022 to $2.98M in 2017.

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

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

Latest Data

Trade between Slovenia (Flag) and Iceland (Flag)

Slovenia Exports

Iceland Exports

Market Competitiveness

Color
Slovenia
Top Destination
Switzerland$9.92B
Iceland
Top Destination
Netherlands$1.97B

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

In 2022, countries that imported more from Slovenia than Iceland included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

In 2022, countries that imported more from Iceland than Slovenia included Netherlands ($1.97B), Norway ($459M), and Nigeria ($69.3M).

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

Comparative Advantage Slovenia - Iceland

Flow
Scale

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

During 2022, Slovenia had a large net trade with Iceland in the exports of Transportation ($14.1M), Machines ($4.47M), and Plastics and Rubbers ($2.31M).

During 2017, Iceland had a large net trade with Slovenia in the exports of Metals ($2.16M), Chemical Products ($308k), and Animal Products ($161k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovenia Iceland+N/AN/A
Top Product Potential Iceland Slovenia+N/AN/A

N/A

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Bilateral Service Trade

In 2020, Slovenia exported services to Iceland worth $3.43M, with Other business services ($2.06M), Construction services ($1.14M), and Transportation ($114k) being the largest in terms of value.

In 2019, Iceland exported services to Slovenia worth $3.47M, with Travel ($3.13M) and Transportation ($336k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Iceland (Flag) to Slovenia (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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