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Pricing

2022
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Exports $7.16BRnk 17 / 221
2022
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Top Product $1.59BRefined Petroleum
2022
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Exports $6.28BRnk 3 / 200
2022
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Top Product $1.08BElectricity
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI 1.42Rnk 9 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
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2022
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 GDP$62.1BCURRENT US$
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2012-2022
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GDP GROWTH33.4%CURRENT US$
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2022
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GDP PC $34,158CURRENT US$
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2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
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2022
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GDP PC$29,457CURRENT US$
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2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186

About

Italy-Slovenia In 2022, Italy exported $7.16B to Slovenia. The main products that Italy exported to Slovenia are Refined Petroleum ($1.59B), Electricity ($204M), and Petroleum Gas ($180M). During the last 27 years the exports of Italy to Slovenia have increased at an annualized rate of 5%, from $1.92B in 1995 to $7.16B in 2022.

In 2020, Italy exported services to Slovenia worth $447M, with Transportation ($173M), Travel ($162M), and Other business services ($74M) being the largest in terms of value.

Slovenia-Italy In 2022, Slovenia exported $6.28B to Italy. The main products that Slovenia exported to Italy were Electricity ($1.08B), Refined Petroleum ($605M), and Scrap Iron ($201M). During the last 27 years the exports of Slovenia to Italy have increased at an annualized rate of 6.08%, from $1.27B in 1995 to $6.28B in 2022.

In 2020, Slovenia exported services to Italy worth $787M, with Transportation ($339M), Travel ($328M), and Communications services ($43.2M) being the largest in terms of value.

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Slovenia ranked 9 in the Economic Complexity Index (ECI 1.42), and 56 in total exports ($56B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €315M and imported €370M from Slovenia, resulting in a negative trade balance of €54.4M. Between December 2022 and December 2023 the exports of Italy have decreased by €-198M (-38.5%) from €513M to €315M, while imports decreased by €-107M (-22.5%) from €477M to €370M.

Trade In December 2023, the top exports of Italy to Slovenia were Refined Petroleum (€88.9M), Petroleum Gas (€30.9M), Raw Aluminium (€22.4M), Electricity (€13.2M), and Cars (€12.6M). In December 2023 the top imports of Italy from Slovenia were Electricity (€56.8M), Refined Petroleum (€45.1M), Corn (€19.6M), Scrap Iron (€11M), and Wheat (€10.8M).

Growth In December 2023, the decrease in Italy's year-by-year exports to Slovenia was explained primarily by an decrease in product exports in Refined Petroleum (€-5.71M or -6.03%), Large Flat-Rolled Iron (€-2.46M or -50.4%), and Coated Flat-Rolled Iron (€-2.33M or -30.4%). In December 2023, the decrease in Italy's year-by-year imports  from Slovenia was explained primarily by an decrease in product imports  in Electricity (€-20.9M or -26.9%), Raw Aluminium (€-13.6M or -64.3%), and Cars (€-6.7M or -52%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-198M(-38.5%)
IMPORT GROWTH (December 2022 - December 2023)€-107M(-22.5%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $7.16B to Slovenia. The main products exported from Italy to Slovenia were Refined Petroleum ($1.59B), Electricity ($204M), and Petroleum Gas ($180M). During the last 27 years the exports of Italy to Slovenia have increased at an annualized rate of 5%, from $1.92B in 1995 to $7.16B in 2022.

In 2022, Slovenia exported $6.28B to Italy. The main products exported from Slovenia to Italy were Electricity ($1.08B), Refined Petroleum ($605M), and Scrap Iron ($201M). During the last 27 years the exports of Slovenia to Italy have increased at an annualized rate of 6.08%, from $1.27B in 1995 to $6.28B in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Slovenia
Top DestinationSwitzerland$9.92B

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

In 2021, countries that imported more from Italy than Slovenia were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, no countries were registered that imported more from Slovenia than from Italy.

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

Comparative Advantage Italy - Slovenia

Flow
Scale

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

During 2022, Italy had a large net trade with Slovenia in the exports of Mineral Products ($2.03B), Metals ($1.44B), and Machines ($976M).

During 2022, Slovenia had a large net trade with Italy in the exports of Mineral Products ($1.74B), Metals ($979M), and Machines ($830M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Slovenia worth $447M, with Transportation ($173M), Travel ($162M), and Other business services ($74M) being the largest in terms of value.

In 2020, Slovenia exported services to Italy worth $787M, with Transportation ($339M), Travel ($328M), and Communications services ($43.2M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Slovenia. Similarly, the more yellow a dot/product is, the more Slovenia has comparative advantage over Italy.

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

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