2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Australia-Ireland Trade: In 2022, Australia exported $135M to Ireland. The main products that Australia exported to Ireland were Coal Briquettes ($51.6M), Packaged Medicaments ($13.4M), and Wine ($9.68M). Over the past 5 years the exports of Australia to Ireland have increased at an annualized rate of 7.77%, from $92.7M in 2017 to $135M in 2022.

In 2009, Australia exported services to Ireland worth $342M, with Travel ($234M), Other business services ($70.5M), and Transportation ($22.2M) being the largest in terms of value.

Ireland-Australia Trade: In 2022, Ireland exported $2.01B to Australia. The main products that Ireland exported to Australia were Packaged Medicaments ($926M), Vaccines, blood, antisera, toxins and cultures ($314M), and Orthopedic Appliances ($164M). Over the past 5 years the exports of Ireland to Australia have increased at an annualized rate of 8.55%,  from $1.34B in 2017 to $2.01B in 2022.

In 2020, Ireland exported services to Australia worth $1.23B, with Other business services ($873M), Royalties and license fees ($168M), and Insurance services ($109M) being the largest in terms of value.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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, Australia exported $135M to Ireland. The main products exported from Australia to Ireland were Coal Briquettes ($51.6M), Packaged Medicaments ($13.4M), and Wine ($9.68M). During the last 5 years the exports of Australia to Ireland have increased at an annualized rate of 7.77%, from $92.7M in 2017 to $135M in 2022.

In 2017, Ireland exported $2.01B to Australia. The main products exported from Ireland to Australia were Packaged Medicaments ($926M), Vaccines, blood, antisera, toxins and cultures ($314M), and Orthopedic Appliances ($164M). During the last 5 years the exports of Ireland to Australia have increased at an annualized rate of 8.55%, from $1.34B in 2022 to $2.01B in 2017.

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

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

Latest Data

Trade between Australia (Flag) and Ireland (Flag)

Australia Exports

Ireland Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Ireland
Top Destination
United States$70.7B

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

In 2022, countries that imported more from Australia than Ireland included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Ireland than Australia included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Australia - Ireland

Flow
Scale

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

During 2022, Australia had a large net trade with Ireland in the exports of Mineral Products ($52.3M), Machines ($24.3M), and Chemical Products ($21.3M).

During 2017, Ireland had a large net trade with Australia in the exports of Chemical Products ($1.29B), Instruments ($318M), and Machines ($179M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Ireland+$25.1MCoal Briquettes
Top Product Potential Ireland Australia+$92.3MVaccines, blood, antisera, toxins and cultures

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 2009, Australia exported services to Ireland worth $342M, with Travel ($234M), Other business services ($70.5M), and Transportation ($22.2M) being the largest in terms of value.

In 2020, Ireland exported services to Australia worth $1.23B, with Other business services ($873M), Royalties and license fees ($168M), and Insurance services ($109M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Australia (Flag) to Ireland (Flag) (2009)

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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