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2022
Flag → Flag
Exports $1.76BRnk 17 / 210
2022
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Top Product $887MPrecious Metal Compounds
2022
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Exports $1.78BRnk 20 / 205
2022
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Top Product $512MComputers
2022
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Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
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Economic Complexity (ECI) ECI 1.55Rnk 7 / 133
2022
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GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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 GDP$291BCURRENT US$
Rnk 46 / 186
2012-2022
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GDP GROWTH39.3%CURRENT US$
Rnk 83 / 186
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$27,638CURRENT US$
Rnk 42 / 186
2012-2022
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GDP PC GROWTH39.1%CURRENT US$
Rnk 51 / 186

About

Ireland-Czechia Trade: In 2022, Ireland exported $1.76B to Czechia. The main products that Ireland exported to Czechia were Precious Metal Compounds ($887M), Packaged Medicaments ($295M), and Office Machine Parts ($86.7M). Over the past 5 years the exports of Ireland to Czechia have increased at an annualized rate of 5.98%, from $1.32B in 2017 to $1.76B in 2022.

In 2020, Ireland exported services to Czechia worth $110M, with Other business services ($58.3M), Insurance services ($26.3M), and Transportation ($11.4M) being the largest in terms of value.

Czechia-Ireland Trade: In 2022, Czechia exported $1.78B to Ireland. The main products that Czechia exported to Ireland were Computers ($512M), Cars ($290M), and Petroleum Gas ($252M). Over the past 5 years the exports of Czechia to Ireland have increased at an annualized rate of 20.9%,  from $690M in 2017 to $1.78B in 2022.

In 2019, Czechia exported services to Ireland worth $1.19B, with Computer and information services ($667M), Other business services ($392M), and Transportation ($87.4M) being the largest in terms of value.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €34.3M and imported €131M from Czechia, resulting in a negative trade balance of €96.7M. Between August 2023 and August 2024 the exports of Ireland have decreased by €-41M (-54.5%) from €75.2M to €34.3M, while imports increased by €64.1M (96%) from €66.8M to €131M.

Trade In August 2024, the top exports of Ireland to Czechia were Inorganic chemicals (€54.3M), Medicinal and pharmaceutical products (€8.75M), Miscellaneous manufactured articles, n.e.s. (€6.38M), Office machines and automatic data processing... (€4.2M), and Essential oils, perfume materials, toilet preparations... (€3.81M). In August 2024 the top imports of Ireland from Czechia were Road vehicles (€53.1M), General industrial machinery and parts, n.e.s. (€11.7M), Office machines and automatic data processing... (€11.6M), Gas, natural and manufactured (€7.98M), and Medicinal and pharmaceutical products (€6.79M).

Growth In August 2024, the decrease in Ireland's year-by-year exports to Czechia was explained primarily by an decrease in product exports in Office machines and automatic data processing... (€-3.94M or -48.4%), Medicinal and pharmaceutical products (€-3.52M or -28.7%), and Other transport equipment (€-290k or -98%). In August 2024, the increase in Ireland's year-by-year imports  from Czechia was explained primarily by an increase in product imports  in Road vehicles (€28.7M or 118%), Office machines and automatic data processing... (€6.65M or 133%), and General industrial machinery and parts, n.e.s. (€5.92M or 103%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-41M(-54.5%)
IMPORT GROWTH (August 2023 - August 2024)€64.1M(96%)

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 Czechia and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Czechia and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $1.76B to Czechia. The main products exported from Ireland to Czechia were Precious Metal Compounds ($887M), Packaged Medicaments ($295M), and Office Machine Parts ($86.7M). During the last 5 years the exports of Ireland to Czechia have increased at an annualized rate of 5.98%, from $1.32B in 2017 to $1.76B in 2022.

In 2017, Czechia exported $1.78B to Ireland. The main products exported from Czechia to Ireland were Computers ($512M), Cars ($290M), and Petroleum Gas ($252M). During the last 5 years the exports of Czechia to Ireland have increased at an annualized rate of 20.9%, from $690M in 2022 to $1.78B in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Ireland than Czechia included United States ($70.7B), China ($16.7B), and Belgium ($17B).

In 2022, countries that imported more from Czechia than Ireland included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Ireland - Czechia

Flow
Scale

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

During 2022, Ireland had a large net trade with Czechia in the exports of Chemical Products ($1.32B), Machines ($228M), and Foodstuffs ($44.9M).

During 2017, Czechia had a large net trade with Ireland in the exports of Machines ($949M), Transportation ($301M), and Mineral Products ($252M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Czechia+$67.1MPackaged Medicaments
Top Product Potential Czechia Ireland+$51.6MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Ireland exported services to Czechia worth $110M, with Other business services ($58.3M), Insurance services ($26.3M), and Transportation ($11.4M) being the largest in terms of value.

In 2019, Czechia exported services to Ireland worth $1.19B, with Computer and information services ($667M), Other business services ($392M), and Transportation ($87.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Czechia (Flag) to Ireland (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ireland and Czechia. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Czechia. Similarly, a dot/product with the flag of Czechia indicates it has a comparative advantage over Ireland.

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

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