Ireland (IRL) and Germany (DEU) Trade | OEC - The Observatory of Economic Complexity

About

Ireland-Germany In 2020, Ireland exported $22.7B to Germany. The main products that Ireland exported to Germany are Nitrogen Heterocyclic Compounds ($9.3B), Packaged Medicaments ($3.49B), and Vaccines, blood, antisera, toxins and cultures ($2.38B). During the last 25 years the exports of Ireland to Germany have increased at an annualized rate of 5.74%, from $5.63B in 1995 to $22.7B in 2020.

In 2020, Ireland exported services to Germany worth $4.14B, with Insurance services ($1.69B), Other business services ($1.17B), and Financial services ($564M) being the largest in terms of value.

Germany-Ireland In 2020, Germany exported $8.36B to Ireland. The main products that Germany exported to Ireland were Packaged Medicaments ($877M), Computers ($832M), and Passenger and Cargo Ships ($473M). During the last 25 years the exports of Germany to Ireland have increased at an annualized rate of 5.07%, from $2.43B in 1995 to $8.36B in 2020.

In 2020, Germany exported services to Ireland worth $5.84B, with Other business services ($3.85B), Insurance services ($560M), and Transportation ($419M) being the largest in terms of value.

Comparison In 2020, Ireland ranked 16 in the Economic Complexity Index (ECI 1.34), and 26 in total exports ($197B). That same year, Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T).

Latest Trends

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December, 2022

About

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Overview In December 2022, Ireland exported €2.2B and imported €1.15B from Germany, resulting in a positive trade balance of €1.05B. Between December 2021 and December 2022 the exports of Ireland have increased by €833M (60.9%) from €1.37B to €2.2B, while imports increased by €379M (49.2%) from €772M to €1.15B.

Trade In December 2022, the top exports of Ireland to Germany were Medicinal and pharmaceutical products (€1.22B), Organic chemicals (€351M), Office machines and automatic data processing... (€62.8M), Electrical machinery, appliances etc., n.e.s. (€44M), and Miscellaneous manufactured articles, n.e.s. (€35.3M). In December 2022 the top imports of Ireland from Germany were Road vehicles (€87.8M), Medicinal and pharmaceutical products (€85.2M), Other transport equipment (€57.2M), Electrical machinery, appliances etc., n.e.s. (€26.5M), and Miscellaneous manufactured articles, n.e.s. (€25.1M).

Growth In December 2022, the increase in Ireland's year-by-year exports to Germany was explained primarily by an increase in product exports in Medicinal and pharmaceutical products (€838M or 219%), Organic chemicals (€50M or 16.6%), and Office machines and automatic data processing... (€19.7M or 45.8%). In December 2022, the increase in Ireland's year-by-year imports from Germany was explained primarily by an increase in product imports in Organic chemicals (€16.1M or 281%), Fertilisers, manufactured (€15.2M or 361%), and Other transport equipment (€13.2M or 29.9%).

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (December 2021 - December 2022): €833M, (60.9%)

IMPORT GROWTH (December 2021 - December 2022): €379M, (49.2%)

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

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

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Ireland exported $22.7B to Germany. The main products exported from Ireland to Germany were Nitrogen Heterocyclic Compounds ($9.3B), Packaged Medicaments ($3.49B), and Vaccines, blood, antisera, toxins and cultures ($2.38B). During the last 25 years the exports of Ireland to Germany have increased at an annualized rate of 5.74%, from $5.63B in 1995 to $22.7B in 2020.

In 2020, Germany exported $8.36B to Ireland. The main products exported from Germany to Ireland were Packaged Medicaments ($877M), Computers ($832M), and Passenger and Cargo Ships ($473M). During the last 25 years the exports of Germany to Ireland have increased at an annualized rate of 5.07%, from $2.43B in 1995 to $8.36B in 2020.

Market Competitiveness

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Measure

SectionYear

Ireland
Top Destination: United States, $57.4B

Germany
Top Destination: United States, $116B

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

In 2019, countries that imported more from Ireland than Germany were Bahrain ($82.6M), Gibraltar ($81.7M), and Tokelau ($2.39M).

In 2019, countries that imported more from Germany than Ireland were China ($106B), France ($101B), and Netherlands ($84.8B).

Comparative Advantage Ireland - Germany

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Flow

Scale

Year

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

During 2020, Ireland had a large net trade with Germany in the exports of Chemical Products ($17.5B), Machines ($1.96B), and Instruments ($1.32B).

During 2020, Germany had a large net trade with Ireland in the exports of Machines ($2.59B), Chemical Products ($2.01B), and Transportation ($1.2B).

Service Trade

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Bilateral Service Trade

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Deu YearIrl Year

In 2020, Ireland exported services to Germany worth $4.14B, with Insurance services ($1.69B), Other business services ($1.17B), and Financial services ($564M) being the largest in terms of value.

In 2020, Germany exported services to Ireland worth $5.84B, with Other business services ($3.85B), Insurance services ($560M), and Transportation ($419M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

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 Ireland has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Ireland.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Ireland - Germany

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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