Ireland-Germany Trade: In 2023, Ireland exported $26.7B to Germany. The main products that Ireland exported to Germany were Nitrogen Heterocyclic Compounds ($6.5B), Packaged Medicaments ($5.39B), and Vaccines, blood, antisera, toxins and cultures ($4.24B). Over the past 5 years the exports of Ireland to Germany have increased at an annualized rate of 15.1%, from $13.2B in 2018 to $26.7B in 2023.
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 Trade: In 2023, Germany exported $10.3B to Ireland. The main products that Germany exported to Ireland were Planes, Helicopters, and/or Spacecraft ($1.03B), Cars ($919M), and Packaged Medicaments ($780M). Over the past 5 years the exports of Germany to Ireland have decreased at an annualized rate of 4.85%, from $13.2B in 2018 to $10.3B in 2023.
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 2023, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).