Slovenia-Germany Bilateral Trade Analysis 2023
Complete trade statistics: $14.52B total volume •Slovenia surplus: $683.60M
Slovenia → Germany
$7.60B
Exports (2023)
Germany → Slovenia
$6.92B
Imports (2023)
Trade Balance
$683.60M
Surplus for Slovenia
Total Trade
$14.52B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Slovenia and Germany. Green line shows exports from Slovenia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Slovenia-Germany commercial relationship and competitive positioning in global markets.
Slovenia → Germany Exports
Export Market Intelligence
🎯 Strategic Export Focus
Slovenia's export portfolio to Germany demonstrates strong diversification across multiple sectors, with vehicle parts and accessories: n.e.c. in heading no. 8708 representing a key competitive advantage in this bilateral market.
Germany → Slovenia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Slovenia's import pattern from Germany reveals strategic sourcingin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Slovenia demonstrates competitive strength in exportingvehicle parts and accessories: n.e.c. in heading no. 8708 to Germany, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $14.52B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Slovenia-Germany Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $14.52 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Slovenia maintains a surplus of $683.60 million
- Export Focus: Slovenia's primary exports include vehicle parts and accessories: n.e.c. in heading no. 8708, vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502
- Import Dependencies: Key imports from Germany include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, tools, interchangeable: (for machine or hand tools, whether or not power-operated), tools for drilling (other than rock)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $14.52B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Slovenia leveraging its comparative advantages in vehicle parts and accessories: n.e.c. in heading no. 8708.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Slovenia's specialization in vehicle parts and accessories: n.e.c. in heading no. 8708complements Germany's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $14.52B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $14.52B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $14.52 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in vehicle parts and accessories: n.e.c. in heading no. 8708 and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Slovenia's trade surplus of $683.60 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Slovenia and Germany represents a total trade volume of $14.52 billion in 2023. This partnership demonstrates a favorable trade balance for Slovenia, with exports exceeding importsby $683.60 million.
Export Strengths
Slovenia's exports to Germany total $7.60 billion, with competitive advantages in vehicle parts and accessories: n.e.c. in heading no. 8708, representing $284.20M or3.7% of bilateral exports.
Import Dependencies
Imports from Germany amount to $6.92 billion, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale comprising4.6% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Slovenia's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Slovenia and Germany in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023