Slovakia (SVK) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Slovakia-Ireland Trade: In 2023, Slovakia exported $290M to Ireland. The main products that Slovakia exported to Ireland were Cars ($152M), Delivery Trucks ($15.8M), and Video Displays ($11.6M). Over the past 5 years the exports of Slovakia to Ireland have increased at an annualized rate of 16.3%, from $136M in 2018 to $290M in 2023.

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 2023, Ireland exported $457M to Slovakia. The main products that Ireland exported to Slovakia were Packaged Medicaments ($118M), Video and Card Games ($76M), and Broadcasting Equipment ($64.9M). Over the past 5 years the exports of Ireland to Slovakia have increased at an annualized rate of 9.93%, from $214M in 2018 to $457M in 2023.

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 2023, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Slovakia exported $290M to Ireland. The main products exported from Slovakia to Ireland were Cars ($152M), Delivery Trucks ($15.8M), and Video Displays ($11.6M). During the last 5 years the exports of Slovakia to Ireland have increased at an annualized rate of 16.3%, from $136M in 2018 to $290M in 2023.

In 2018, Ireland exported $457M to Slovakia. The main products exported from Ireland to Slovakia were Packaged Medicaments ($118M), Video and Card Games ($76M), and Broadcasting Equipment ($64.9M). During the last 5 years the exports of Ireland to Slovakia have increased at an annualized rate of 9.93%, from $214M in 2023 to $457M in 2018.

Exports from Slovakia () to Ireland () (2023)

Exports from Ireland () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and Ireland ()

Slovakia Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Slovakia
Top DestinationGermany$21.5B

Ireland
Top DestinationUnited States$67.4B

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 2023, countries that imported more from Slovakia than Ireland included Czechia ($11.1B), Hungary ($7.34B), and Poland ($6.09B).

In 2023, countries that imported more from Ireland than Slovakia included United States ($67.4B), Belgium ($18.7B), and China ($18B).

Difference in imports from Ireland () and Slovakia () (2023)

Comparative Advantage Slovakia - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Slovakia had a large net trade with Ireland in the exports of Transportation ($170M), Machines ($60M), and Chemical Products ($22M).

During 2018, Ireland had a large net trade with Slovakia in the exports of Machines ($171M), Chemical Products ($131M), and Miscellaneous ($76.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Irl Year

Svk Year

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 () to Ireland () (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Slovakia () to Ireland () (2023)

Exports from Ireland () to Slovakia () (2023)

Latest Data

Trade between Slovakia () and Ireland ()

Slovakia Exports

Ireland Exports

Market Competitiveness

Difference in imports from Ireland () and Slovakia () (2023)

Comparative Advantage Slovakia - Ireland

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Slovakia () and Ireland () (2023)

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