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ExportsIreland-Spain Trade: In 2022, Ireland exported $3.21B 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). Over the past 5 years the exports of Ireland to Spain have increased at an annualized rate of 21.2%, from $1.23B in 2017 to $3.21B 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.
Spain-Ireland Trade: In 2022, Spain exported $1.73B to Ireland. The main products that Spain exported to Ireland were Vaccines, blood, antisera, toxins and cultures ($639M), Nitrogen Heterocyclic Compounds ($309M), and Cars ($176M). Over the past 5 years the exports of Spain to Ireland have increased at an annualized rate of 37.8%, from $349M in 2017 to $1.73B in 2022.
In 2020, Spain exported services to Ireland worth $327M, with Travel ($327M) being the largest in terms of value.
Comparison: In 2022, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).
