Overview In January 2023, Ireland exported €9.12M and imported €5.65M from Slovakia, resulting in a positive trade balance of €3.47M. Between January 2022 and January 2023 the exports of Ireland have decreased by €-1.01M (-9.98%) from €10.1M to €9.12M, while imports decreased by €-655k (-10.4%) from €6.3M to €5.65M.
Trade In January 2023, the top exports of Ireland to Slovakia were Medicinal and pharmaceutical products (€3.16M), Electrical machinery, appliances etc., n.e.s. (€2.96M), Power generating machinery and equipment (€626k), Chemical materials and products, n.e.s. (€533k), and Meat and meat preparations (€501k). In January 2023 the top imports of Ireland from Slovakia were General industrial machinery and parts, n.e.s. (€1.64M), Telecommunications and sound recording, reproducing equipment (€1.27M), Machinery specialised for particular industries (€714k), Unclassified estimates (€388k), and Medicinal and pharmaceutical products (€379k).
Growth In January 2023, the decrease in Ireland's year-by-year exports to Slovakia was explained primarily by an decrease in product exports in Medicinal and pharmaceutical products (€-1.55M or -32.9%), Electrical machinery, appliances etc., n.e.s. (€-1.29M or -30.3%), and Inorganic chemicals (€-450k or -98.7%). In January 2023, the decrease in Ireland's year-by-year imports from Slovakia was explained primarily by an decrease in product imports in Office machines and automatic data processing... (€-42k or -87.5%), Sugar, sugar preparations and honey (€-37k or -28.9%), and Chemical materials and products, n.e.s. (€-36k or -66.7%).