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Pricing

2022
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Exports $3.04BRnk 22 / 218
2022
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Top Product $639MVaccines, blood, antisera, toxins and cultures
2022
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Exports $3.84BRnk 11 / 210
2022
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Top Product $470MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI 1.28Rnk 16 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
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 PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Spain-Ireland In 2022, Spain exported $3.04B to Ireland. The main products that Spain exported to Ireland are Vaccines, blood, antisera, toxins and cultures ($639M), Nitrogen Heterocyclic Compounds ($309M), and Cars ($176M). During the last 27 years the exports of Spain to Ireland have increased at an annualized rate of 8.34%, from $349M in 1995 to $3.04B in 2022.

In 2020, Spain exported services to Ireland worth $327M, with Travel ($327M) being the largest in terms of value.

Ireland-Spain In 2022, Ireland exported $3.84B to Spain. The main products that Ireland exported to Spain were Packaged Medicaments ($470M), Industrial Fatty Acids, Oils and Alcohols ($439M), and Broadcasting Equipment ($419M). During the last 27 years the exports of Ireland to Spain have increased at an annualized rate of 4.31%, from $1.23B in 1995 to $3.84B in 2022.

In 2020, Ireland exported services to Spain worth $1.69B, with Other business services ($913M), Financial services ($274M), and Insurance services ($248M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €247M and imported €284M from Ireland, resulting in a negative trade balance of €37.3M. Between January 2023 and January 2024 the exports of Spain have decreased by €-477M (-65.9%) from €724M to €247M, while imports increased by €70.6M (33%) from €214M to €284M.

Trade In January 2024, the top exports of Spain to Ireland were Nitrogen Heterocyclic Compounds (€515M), Vaccines, blood, antisera, toxins and cultures (€60.4M), Cars (€17.6M), Non-Knit Women's Suits (€5.09M), and Delivery Trucks (€5.03M). In January 2024 the top imports of Spain from Ireland were Prepr binder for foundry (€33.4M), Packaged Medicaments (€26.6M), Scented Mixtures (€26.3M), Other Electrical Machinery (€14.4M), and Computers (€11.1M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€74.9M), Tarragona (€28M), A Coruña (€18.2M), Madrid (€16.6M), and Girona (€11M), while imports destinations were mainly Madrid (€73M), Vizcaya (€72.5M), Zaragoza (€31.4M), Barcelona (€29.9M), and Girona (€18.8M).

Growth In January 2024, the decrease in Spain's year-by-year exports to Ireland was explained primarily by an decrease in product exports in Unglazed Ceramics (€-2.85M or -40.8%), Coated Flat-Rolled Iron (€-2.13M or -87.9%), and Iron Structures (€-1.8M or -61%). In January 2024, the increase in Spain's year-by-year imports  from Ireland was explained primarily by an increase in product imports  in Vaccines, blood, antisera, toxins and cultures (€5.68M or 118%), Nitrogen Heterocyclic Compounds (€1.89M or 273%), and Bovine Meat (€1.22M or 64%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-477M(-65.9%)
IMPORT GROWTH (January 2023 - January 2024)€70.6M(33%)
MAIN EXPORTER (January 2024)Barcelona€74.9M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Ireland and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ireland and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $3.04B to Ireland. The main products exported from Spain to Ireland were Vaccines, blood, antisera, toxins and cultures ($639M), Nitrogen Heterocyclic Compounds ($309M), and Cars ($176M). During the last 27 years the exports of Spain to Ireland have increased at an annualized rate of 8.34%, from $349M in 1995 to $3.04B in 2022.

In 2022, Ireland exported $3.84B to Spain. The main products exported from Ireland to Spain were Packaged Medicaments ($470M), Industrial Fatty Acids, Oils and Alcohols ($439M), and Broadcasting Equipment ($419M). During the last 27 years the exports of Ireland to Spain have increased at an annualized rate of 4.31%, from $1.23B in 1995 to $3.84B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Ireland
Top DestinationUnited States$70.7B

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

In 2021, countries that imported more from Spain than Ireland were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Ireland than Spain were United States ($70.7B), China ($16.7B), and Belgium ($17B).

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

Comparative Advantage Spain - Ireland

Flow
Scale

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

During 2022, Spain had a large net trade with Ireland in the exports of Chemical Products ($1.21B), Transportation ($421M), and Metals ($202M).

During 2022, Ireland had a large net trade with Spain in the exports of Chemical Products ($1.67B), Machines ($1.12B), and Animal Products ($262M).

Service Trade

Bilateral Service Trade

In 2020, Spain exported services to Ireland worth $327M, with Travel ($327M) being the largest in terms of value.

In 2020, Ireland exported services to Spain worth $1.69B, with Other business services ($913M), Financial services ($274M), and Insurance services ($248M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Spain.

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

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