Flag Ireland / Spain Flag

2021
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Exports
: $3.45B, Rnk 11 / 206

2021
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Top Product
: $429M, Packaged Medicaments

2021
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Exports
: $2.48B, Rnk 25 / 222

2021
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Top Product
: $466M, Vaccines, blood, antisera, toxins and cultures

2021
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Economic Complexity (ECI)
: ECI 1.29, Rnk 17 / 131

2021
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Economic Complexity (ECI)
: ECI 0.78, Rnk 35 / 131

2021
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GDP
: $499B, CURRENT US$
Rnk 25 / 182

2011-2021
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GDP GROWTH
: 109%, CURRENT US$
Rnk 13 / 182

2021
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 GDP
: $1.43T, CURRENT US$
Rnk 14 / 182

2011-2021
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GDP GROWTH
: -3.74%, CURRENT US$
Rnk 158 / 182

2021
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GDP PC 
: $99,152, CURRENT US$
Rnk 3 / 182

2011-2021
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GDP PC GROWTH
: 90%, CURRENT US$
Rnk 8 / 182

2021
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GDP PC
: $30,116, CURRENT US$
Rnk 32 / 182

2011-2021
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GDP PC GROWTH
: -4.93%, CURRENT US$
Rnk 139 / 182

Ireland-Spain In 2021, Ireland exported $3.45B to Spain. The main products that Ireland exported to Spain are Packaged Medicaments ($429M), Broadcasting Equipment ($375M), and Industrial Fatty Acids, Oils and Alcohols ($374M). During the last 26 years the exports of Ireland to Spain have increased at an annualized rate of 4.01%, from $1.24B in 1995 to $3.45B in 2021.

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.

Spain-Ireland In 2021, Spain exported $2.48B to Ireland. The main products that Spain exported to Ireland were Vaccines, blood, antisera, toxins and cultures ($466M), Cars ($134M), and Nucleic Acids ($72.2M). During the last 26 years the exports of Spain to Ireland have increased at an annualized rate of 7.83%, from $349M in 1995 to $2.48B in 2021.

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

Comparison In 2021,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.29), and 30 in total exports ($212B). That same year, Spain ranked 35 in the Economic Complexity Index (ECI 0.78), and 16 in total exports ($372B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Ireland exported $3.45B to Spain. The main products exported from Ireland to Spain were Packaged Medicaments ($429M), Broadcasting Equipment ($375M), and Industrial Fatty Acids, Oils and Alcohols ($374M). During the last 26 years the exports of Ireland to Spain have increased at an annualized rate of 4.01%, from $1.24B in 1995 to $3.45B in 2021.

In 2021, Spain exported $2.48B to Ireland. The main products exported from Spain to Ireland were Vaccines, blood, antisera, toxins and cultures ($466M), Cars ($134M), and Nucleic Acids ($72.2M). During the last 26 years the exports of Spain to Ireland have increased at an annualized rate of 7.83%, from $349M in 1995 to $2.48B in 2021.

Market Competitiveness

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Color

Ireland
Top Destination
: United States, $59.8B

Spain
Top Destination
: France, $59B

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

In 2021, countries that imported more from Ireland than Spain were United States ($59.8B), China ($14.2B), and Japan ($5.85B).

In 2021, countries that imported more from Spain than Ireland were France ($59B), Portugal ($30.5B), and Italy ($30.6B).

Comparative Advantage Ireland - Spain

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Flow
Scale

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

During 2021, Ireland had a large net trade with Spain in the exports of Chemical Products ($1.65B), Machines ($972M), and Animal Products ($216M).

During 2021, Spain had a large net trade with Ireland in the exports of Chemical Products ($803M), Transportation ($285M), and Metals ($218M).

Bilateral Service Trade

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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.

In 2020, Spain exported services to Ireland worth $327M, with Travel ($327M) 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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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 Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Ireland.