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2022
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Exports $257MRnk 48 / 210
2022
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Top Product $56.6MPackaged Medicaments
2022
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Exports $244MRnk 40 / 203
2022
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Top Product $135MCars
2022
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Economic Complexity (ECI) ECI 1.28Rnk 16 / 124
2022
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Economic Complexity (ECI) ECI 1.3Rnk 15 / 124
2022
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GDP$529BCURRENT US$
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2012-2022
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GDP GROWTH135%CURRENT US$
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2022
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 GDP$115BCURRENT US$
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2012-2022
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GDP GROWTH22%CURRENT US$
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2022
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GDP PC $104,039CURRENT US$
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2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$21,258CURRENT US$
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2012-2022
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GDP PC GROWTH21.5%CURRENT US$
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About

Ireland-Slovakia In 2022, Ireland exported $257M to Slovakia. The main products that Ireland exported to Slovakia are Packaged Medicaments ($56.6M), Broadcasting Equipment ($36.3M), and Video and Card Games ($21M). During the last 27 years the exports of Ireland to Slovakia have increased at an annualized rate of 9.76%, from $20.8M in 1995 to $257M in 2022.

In 2020, Ireland exported services to Slovakia worth $40M, with Other business services ($24M), Insurance services ($8M), and Transportation ($4.57M) being the largest in terms of value.

Slovakia-Ireland In 2022, Slovakia exported $244M to Ireland. The main products that Slovakia exported to Ireland were Cars ($135M), Delivery Trucks ($13.6M), and Excavation Machinery ($8.52M). During the last 27 years the exports of Slovakia to Ireland have increased at an annualized rate of 13.9%, from $7.24M in 1995 to $244M in 2022.

In 2020, Slovakia exported services to Ireland worth $350M, with Other business services ($280M), Computer and information services ($52.4M), and Travel ($8.45M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.3), and 41 in total exports ($110B).

Latest Trends

January, 2024

About

Overview In January 2024, Ireland exported €12.1M and imported €22.9M from Slovakia, resulting in a negative trade balance of €10.8M. Between January 2023 and January 2024 the exports of Ireland have increased by €2.99M (32.8%) from €9.12M to €12.1M, while imports increased by €17.3M (306%) from €5.65M to €22.9M.

Trade In January 2024, the top exports of Ireland to Slovakia were Electrical machinery, appliances etc., n.e.s. (€2.98M), Medicinal and pharmaceutical products (€1.48M), Telecommunications and sound recording, reproducing equipment (€629k), Miscellaneous manufactured articles, n.e.s. (€530k), and Meat and meat preparations (€458k). In January 2024 the top imports of Ireland from Slovakia were Medicinal and pharmaceutical products (€836k), Telecommunications and sound recording, reproducing equipment (€729k), General industrial machinery and parts, n.e.s. (€674k), Machinery specialised for particular industries (€535k), and Unclassified estimates (€344k).

Growth In January 2024, the increase in Ireland's year-by-year exports to Slovakia was explained primarily by an increase in product exports in Telecommunications and sound recording, reproducing equipment (€468k or 291%), Miscellaneous manufactured articles, n.e.s. (€410k or 342%), and Plastics in non-primary forms (€254k or 339%). In January 2024, the increase in Ireland's year-by-year imports  from Slovakia was explained primarily by an increase in product imports  in Medicinal and pharmaceutical products (€457k or 121%), Professional, scientific and controlling apparatus (€223k or 2.03k%), and Footwear (€161k or 131%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€2.99M(32.8%)
IMPORT GROWTH (January 2023 - January 2024)€17.3M(306%)

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

To check Slovakia and Ireland 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, Ireland exported $257M to Slovakia. The main products exported from Ireland to Slovakia were Packaged Medicaments ($56.6M), Broadcasting Equipment ($36.3M), and Video and Card Games ($21M). During the last 27 years the exports of Ireland to Slovakia have increased at an annualized rate of 9.76%, from $20.8M in 1995 to $257M in 2022.

In 2022, Slovakia exported $244M to Ireland. The main products exported from Slovakia to Ireland were Cars ($135M), Delivery Trucks ($13.6M), and Excavation Machinery ($8.52M). During the last 27 years the exports of Slovakia to Ireland have increased at an annualized rate of 13.9%, from $7.24M in 1995 to $244M in 2022.

Exports from Ireland (Flag) to Slovakia (Flag) (2022)

Exports from Slovakia (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Slovakia
Top DestinationGermany$22.2B

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

In 2021, countries that imported more from Ireland than Slovakia were United States ($70.7B), Belgium ($17B), and United Kingdom ($19B).

In 2021, countries that imported more from Slovakia than Ireland were Czechia ($12.6B), Hungary ($9.79B), and Poland ($8.05B).

Difference in imports from Slovakia (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - Slovakia

Flow
Scale

This chart compares trade between Ireland and Slovakia by product, considering products traded by both, Ireland and Slovakia.

During 2022, Ireland had a large net trade with Slovakia in the exports of Machines ($110M), Chemical Products ($76.4M), and Miscellaneous ($21.5M).

During 2022, Slovakia had a large net trade with Ireland in the exports of Transportation ($151M), Machines ($36.3M), and Chemical Products ($24.5M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Slovakia worth $40M, with Other business services ($24M), Insurance services ($8M), and Transportation ($4.57M) being the largest in terms of value.

In 2020, Slovakia exported services to Ireland worth $350M, with Other business services ($280M), Computer and information services ($52.4M), and Travel ($8.45M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to Slovakia (Flag) (2020)

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

Product Space of Ireland (Flag) and Slovakia (Flag) (2022)

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