Flag Ireland / Slovakia Flag

2021
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Exports
: $273M, Rnk 45 / 206

2021
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Top Product
: $69.9M, Packaged Medicaments

2021
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Exports
: $228M, Rnk 41 / 197

2021
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Top Product
: $104M, Cars

2021
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Economic Complexity (ECI)
: ECI 1.29, Rnk 17 / 131

2021
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Economic Complexity (ECI)
: ECI 1.31, Rnk 16 / 131

2021
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GDP
: $499B, CURRENT US$
Rnk 25 / 182

2011-2021
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GDP GROWTH
: 109%, CURRENT US$
Rnk 13 / 182

2021
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 GDP
: $115B, CURRENT US$
Rnk 57 / 182

2011-2021
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GDP GROWTH
: 15.5%, CURRENT US$
Rnk 114 / 182

2021
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GDP PC 
: $99,152, CURRENT US$
Rnk 3 / 182

2011-2021
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GDP PC GROWTH
: 90%, CURRENT US$
Rnk 8 / 182

2021
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GDP PC
: $21,088, CURRENT US$
Rnk 42 / 182

2011-2021
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GDP PC GROWTH
: 14.4%, CURRENT US$
Rnk 88 / 182

Ireland-Slovakia In 2021, Ireland exported $273M to Slovakia. The main products that Ireland exported to Slovakia are Packaged Medicaments ($69.9M), Broadcasting Equipment ($28M), and Aluminium Oxide ($27.1M). During the last 26 years the exports of Ireland to Slovakia have increased at an annualized rate of 10.4%, from $20.7M in 1995 to $273M in 2021.

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 2021, Slovakia exported $228M to Ireland. The main products that Slovakia exported to Ireland were Cars ($104M), Delivery Trucks ($12.6M), and Vaccines, blood, antisera, toxins and cultures ($11.4M). During the last 26 years the exports of Slovakia to Ireland have increased at an annualized rate of 14.2%, from $7.2M in 1995 to $228M in 2021.

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 2021,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.29), and 30 in total exports ($212B). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Ireland exported $273M to Slovakia. The main products exported from Ireland to Slovakia were Packaged Medicaments ($69.9M), Broadcasting Equipment ($28M), and Aluminium Oxide ($27.1M). During the last 26 years the exports of Ireland to Slovakia have increased at an annualized rate of 10.4%, from $20.7M in 1995 to $273M in 2021.

In 2021, Slovakia exported $228M to Ireland. The main products exported from Slovakia to Ireland were Cars ($104M), Delivery Trucks ($12.6M), and Vaccines, blood, antisera, toxins and cultures ($11.4M). During the last 26 years the exports of Slovakia to Ireland have increased at an annualized rate of 14.2%, from $7.2M in 1995 to $228M in 2021.

Market Competitiveness

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Color

Ireland
Top Destination
: United States, $59.8B

Slovakia
Top Destination
: Germany, $21.8B

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 ($59.8B), United Kingdom ($19.7B), and Belgium ($13.6B).

In 2021, countries that imported more from Slovakia than Ireland were Czechia ($11.6B), Hungary ($7.72B), and Poland ($8.47B).

Comparative Advantage Ireland - Slovakia

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Flow
Scale

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

During 2021, Ireland had a large net trade with Slovakia in the exports of Chemical Products ($113M), Machines ($105M), and Miscellaneous ($15.5M).

During 2021, Slovakia had a large net trade with Ireland in the exports of Transportation ($120M), Machines ($50.4M), and Chemical Products ($27.3M).

Bilateral Service Trade

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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.

Economic Complexity

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Competitive Landscape

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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.