2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH
127%CURRENT US$
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2023
Flag
 GDP
$646BCURRENT US$
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2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
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GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC
$14,187CURRENT US$
Rnk 73 / 196
2013-2023
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GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195

About

Ireland-Argentina Trade: In 2023, Ireland exported $415M to Argentina. The main products that Ireland exported to Argentina were Vaccines, blood, antisera, toxins and cultures ($207M), Packaged Medicaments ($123M), and Orthopedic Appliances ($14.2M). Over the past 5 years the exports of Ireland to Argentina have increased at an annualized rate of 9.09%, from $268M in 2018 to $415M in 2023.

In 2020, Ireland exported services to Argentina worth $94.8M, with Other business services ($82.2M), Transportation ($8M), and Insurance services ($4.57M) being the largest in terms of value.

Argentina-Ireland Trade: In 2023, Argentina exported $564M to Ireland. The main products that Argentina exported to Ireland were Soybean Meal ($259M), Bran ($99.2M), and Essential Oils ($95.8M). Over the past 5 years the exports of Argentina to Ireland have increased at an annualized rate of 6.19%,  from $370M in 2018 to $564M in 2023.

In 2023, Argentina did not export any services to Ireland.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $415M to Argentina. The main products exported from Ireland to Argentina were Vaccines, blood, antisera, toxins and cultures ($207M), Packaged Medicaments ($123M), and Orthopedic Appliances ($14.2M). During the last 5 years the exports of Ireland to Argentina have increased at an annualized rate of 9.09%, from $268M in 2018 to $415M in 2023.

In 2018, Argentina exported $564M to Ireland. The main products exported from Argentina to Ireland were Soybean Meal ($259M), Bran ($99.2M), and Essential Oils ($95.8M). During the last 5 years the exports of Argentina to Ireland have increased at an annualized rate of 6.19%, from $370M in 2023 to $564M in 2018.

Exports from Ireland (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Argentina
Top Destination
Brazil$12.1B

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

In 2023, countries that imported more from Ireland than Argentina included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Argentina than Ireland included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

Difference in imports from Argentina (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Argentina

Flow
Scale

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

During 2023, Ireland had a large net trade with Argentina in the exports of Chemical Products ($349M), Instruments ($22.6M), and Plastics and Rubbers ($18.5M).

During 2018, Argentina had a large net trade with Ireland in the exports of Foodstuffs ($451M), Chemical Products ($103M), and Vegetable Products ($6.25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Argentina+$31.7MVaccines, blood, antisera, toxins and cultures
Top Product Potential Argentina Ireland+$4.34MCorn

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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Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Argentina (Flag) (2023)

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