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slovenia as a market

Read statistics and relevant market data in connection with Danish-Slovenian trade

Slovenia has strong political stability, reinforced by its accession to the European Union and the adoption of the euro. It has a robust economy characterized by sustained growth and low inflation. The economy is well-diversified and integrated into the European production chain. The country offers a pro-business environment, as evidenced by its 37th place in the 2020 Doing Business ranking. Positioned in the heart of Europe, Slovenia has quality infrastructure that provides companies with easy access to regional markets.

Nevertheless, there is a high government debt of 80.9% of GDP (OECD, 2021) in the country, and the banking sector is still in a recovering state. The domestic market is relatively small, and there are both formal and informal barriers to foreign direct investment (FDI), such as high taxation and social security contributions. The economy is also exposed to global economic fluctuations, with exports heavily dependent on the EU economic climate. Additionally, the country faces a labour force shortage due to an aging population and stagnant population growth.

Export/import with Denmark

Export

  • Slovenia was Denmark's 62nd largest export market (goods) in 2022
  • During the period from 2017 and 2022, Denmark's exports to Slovenia grew at an annual rate of 16.7%, rising from USD 52.6 million to USD 114 million.
  • The commodity group with the highest export value was general industrial machinery and equipment, as well pharmaceutical products

Import

  • During the period from 2017 and 2022, exports of Slovenia to Denmark have increased at an annualized rate of 50.4%, from USD 45.8 million to USD 352 million
  • The commodity group with the highest import value was general industrial equipment, and pharmaceutical products

Direct investment

Slovenia has a mixed attitude towards FDI, balancing openness with caution. The government is implementing measures to positively impact job creation, knowledge and technology transfer, and regional development, aiming to foster alliances between Slovenian companies and foreign investors. State-owned concessions are available for investments in industry sectors, strategic services (e.g., customer service centers, distribution logistics centers, regional headquarters), and research and development, with a particular focus on green technologies. Efforts are also being made to attract foreign investment in underdeveloped and economically fragile regions, alongside the privatization of several state-owned enterprises.

Slovenia's only free trade zone (FTZ) is the port of Koper. According to the Slovenian Customs Act, businesses operating in free trade zones are exempt from customs duties and other trade policy measures until the goods enter free circulation.

Leading Danish brands include Jysk, Danfoss, and Maersk.

Denmark's trade with Slovenia

Million USD 2017  2018 2019 2020 2021
 Export 101 120 130 140  166
 Import 344 391 367 418 510

Largest export categories in 2022

Export goods category

Volume (million USD)

Pharmaceutical products

30.5

Machinery, mechanical appliances and parts

25.5

Electrical machinery and electronics

12.1

Cars, tractors, trucks and parts

19.5

Total goods exports to Slovenia

175