Flag Slovakia / Ireland Flag

2021
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Exports
: $228M, Rnk 41 / 197

2021
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Top Product
: $104M, Cars

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

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

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

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

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

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

Slovakia-Ireland In 2021, Slovakia exported $228M to Ireland. The main products that Slovakia exported to Ireland are 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.

Ireland-Slovakia In 2021, Ireland exported $273M to Slovakia. The main products that Ireland exported 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 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.

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

Historical Data

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Bilateral Trade by Products

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Depth
Value

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.

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.

Slovakia Exports

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Ireland Exports

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Market Competitiveness

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Color

Slovakia
Top Destination
: Germany, $21.8B

Ireland
Top Destination
: United States, $59.8B

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

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

In 2021, countries that imported more from Ireland than Slovakia were United States ($59.8B), United Kingdom ($19.7B), and Belgium ($13.6B).

Comparative Advantage Slovakia - Ireland

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Flow
Scale

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

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

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

Bilateral Service Trade

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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.

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.

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 Slovakia has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Slovakia.