Ireland-Czechia Bilateral Trade Analysis 2023
Complete trade statistics: $1.47B total volume •Ireland deficit: $1.47B
Ireland → Czechia
$0
Exports (2023)
Czechia → Ireland
$1.47B
Imports (2023)
Trade Balance
$1.47B
Deficit for Ireland
Total Trade
$1.47B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ireland and Czechia. Green line shows exports from Ireland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ireland-Czechia commercial relationship and competitive positioning in global markets.
Ireland → Czechia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Ireland's export portfolio to Czechia demonstrates strategic specialization, with inorganic or organic compounds of precious metals, n.e.c.: amalgams representing a key competitive advantage in this bilateral market.
Czechia → Ireland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ireland's import pattern from Czechia reveals significant dependencyin vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ireland demonstrates competitive strength in exportinginorganic or organic compounds of precious metals, n.e.c.: amalgams to Czechia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.47B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ireland-Czechia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.47 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Ireland maintains a deficit of $1.47 billion
- Export Focus: Ireland's primary exports include inorganic or organic compounds of precious metals, n.e.c.: amalgams, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, odoriferous substances and mixtures: of a kind used in the food or drink industries
- Import Dependencies: Key imports from Czechia include vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, automatic data processing machines: comprising in the same housing at least a central processing unit and an input and output unit, whether or not combined, n.e.c. in item no. 8471.30, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $1.47B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Ireland leveraging its comparative advantages in inorganic or organic compounds of precious metals, n.e.c.: amalgams.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Ireland's specialization in inorganic or organic compounds of precious metals, n.e.c.: amalgamscomplements Czechia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.47B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.47B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $1.47 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in inorganic or organic compounds of precious metals, n.e.c.: amalgams and vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ireland's trade deficit of $1.47 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Ireland and Czechia represents a total trade volume of $1.47 billion in 2023. This partnership demonstrates an unfavorable trade balance for Ireland, with imports exceeding exportsby $1.47 billion.
Export Strengths
Ireland's exports to Czechia total $0.00, with competitive advantages in inorganic or organic compounds of precious metals, n.e.c.: amalgams, representing $150.05M orInfinity% of bilateral exports.
Import Dependencies
Imports from Czechia amount to $1.47 billion, highlighting economic interdependence in vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc, with Vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 1500 but not over 2500cc comprising15.4% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Ireland's strategic sourcing from Czechia. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Ireland and Czechia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023