2022
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GDP
$115BCURRENT US$
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2012-2022
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GDP GROWTH
22%CURRENT US$
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2022
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 GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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GDP PC 
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
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GDP PC GROWTH
21.5%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 GROWTH
112%CURRENT US$
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About

Slovakia-Ireland Trade: 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). Over the past 5 years the exports of Slovakia to Ireland have increased at an annualized rate of 7.22%, from $172M in 2017 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.

Ireland-Slovakia Trade: In 2022, Ireland exported $257M to Slovakia. The main products that Ireland exported to Slovakia were Packaged Medicaments ($56.6M), Broadcasting Equipment ($36.3M), and Video and Card Games ($21M). Over the past 5 years the exports of Ireland to Slovakia have increased at an annualized rate of 3.69%,  from $215M in 2017 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.

Comparison: In 2022,  Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Slovakia to Ireland have increased at an annualized rate of 7.22%, from $172M in 2017 to $244M in 2022.

In 2017, 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 5 years the exports of Ireland to Slovakia have increased at an annualized rate of 3.69%, from $215M in 2022 to $257M in 2017.

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

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

Latest Data

Trade between Slovakia (Flag) and Ireland (Flag)

Slovakia Exports

Ireland Exports

Market Competitiveness

Color
Slovakia
Top Destination
Germany$22.2B
Ireland
Top Destination
United States$70.7B

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 2022, countries that imported more from Slovakia than Ireland included Czechia ($12.6B), Hungary ($9.79B), and Poland ($8.05B).

In 2022, countries that imported more from Ireland than Slovakia included United States ($70.7B), Belgium ($17B), and United Kingdom ($19B).

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

Comparative Advantage Slovakia - Ireland

Flow
Scale

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

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

During 2017, Ireland had a large net trade with Slovakia in the exports of Machines ($110M), Chemical Products ($76.4M), and Miscellaneous ($21.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Slovakia Ireland+$63.2MCars
Top Product Potential Ireland Slovakia+$27.8MPackaged Medicaments

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, 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.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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