Türkiye-Slovenia Bilateral Trade Analysis 2023
Complete trade statistics: $2.52B total volume •Türkiye surplus: $1.47B
Türkiye → Slovenia
$1.99B
Exports (2023)
Slovenia → Türkiye
$524.42M
Imports (2023)
Trade Balance
$1.47B
Surplus for Türkiye
Total Trade
$2.52B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Türkiye and Slovenia. Green line shows exports from Türkiye, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Türkiye-Slovenia commercial relationship and competitive positioning in global markets.
Türkiye → Slovenia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Türkiye's export portfolio to Slovenia demonstrates strategic specialization, with vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 representing a key competitive advantage in this bilateral market.
Slovenia → Türkiye Imports
Import Dependency Profile
📦 Import Strategy Analysis
Türkiye's import pattern from Slovenia reveals significant dependencyin rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars), highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Türkiye demonstrates competitive strength in exportingvehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 to Slovenia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $2.52B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Türkiye-Slovenia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $2.52 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Türkiye maintains a surplus of $1.47 billion
- Export Focus: Türkiye's primary exports include vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
- Import Dependencies: Key imports from Slovenia include rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars), leather articles: n.e.c. in chapter 42, of leather or composition leather, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional 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 $2.52B 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 Türkiye leveraging its comparative advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1.
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
Türkiye's specialization in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1complements Slovenia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars).
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $2.52B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $2.52B 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 $2.52 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 and rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars) demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Türkiye's trade surplus of $1.47 billion 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 Türkiye and Slovenia represents a total trade volume of $2.52 billion in 2023. This partnership demonstrates a favorable trade balance for Türkiye, with exports exceeding importsby $1.47 billion.
Export Strengths
Türkiye's exports to Slovenia total $1.99 billion, with competitive advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, representing $575.75M or28.9% of bilateral exports.
Import Dependencies
Imports from Slovenia amount to $524.42 million, highlighting economic interdependence in rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars), with Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars) comprising3.7% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Türkiye'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 Türkiye and Slovenia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023