2022
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GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
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GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
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 GDP
$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
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GDP GROWTH
33.4%CURRENT US$
Rnk 92 / 186
2022
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GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
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GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
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GDP PC
$29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH
30.1%CURRENT US$
Rnk 63 / 186

About

Iceland-Slovenia In 2022, Iceland exported $2.98M to Slovenia. The main products that Iceland exported to Slovenia are Raw Aluminium ($2.1M), Phosphoric Acid ($222k), and Fish oil ($102k). During the last 27 years the exports of Iceland to Slovenia have increased at an annualized rate of 4.73%, from $856k in 1995 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.

Slovenia-Iceland 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). During the last 27 years the exports of Slovenia to Iceland have increased at an annualized rate of 15.1%, from $624k in 1995 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.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. That same year, Slovenia ranked 9 in the Economic Complexity Index (ECI 1.42), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 27 years the exports of Iceland to Slovenia have increased at an annualized rate of 4.73%, from $856k in 1995 to $2.98M in 2022.

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 27 years the exports of Slovenia to Iceland have increased at an annualized rate of 15.1%, from $624k in 1995 to $27.6M in 2022.

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

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

Latest Data

Trade between Iceland (Flag) and Slovenia (Flag)

Iceland Exports

Slovenia Exports

Market Competitiveness

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

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

In 2021, countries that imported more from Iceland than Slovenia were Netherlands ($1.97B), Norway ($459M), and Nigeria ($69.3M).

In 2021, countries that imported more from Slovenia than Iceland were Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

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

Comparative Advantage Iceland - Slovenia

Flow
Scale

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

During 2022, Iceland had a large net trade with Slovenia in the exports of Metals ($2.16M), Chemical Products ($308k), and Animal Products ($161k).

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).

Service Trade

Bilateral Service Trade

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

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.

Service trade data is presented based on availability.

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

Services Exports from Slovenia (Flag) to Iceland (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 Iceland has comparative advantage over Slovenia. Similarly, the more yellow a dot/product is, the more Slovenia has comparative advantage over Iceland.

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

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