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Pricing

2022
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Exports $540MRnk 38 / 210
2022
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Top Product $121MZinc Ore
2022
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Exports $267MRnk 44 / 207
2022
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Top Product $22.4MKaolin Coated Paper
2022
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Economic Complexity (ECI) ECI 1.28Rnk 16 / 124
2022
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Economic Complexity (ECI) ECI 1.39Rnk 11 / 124
2022
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GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
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2022
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 GDP$281BCURRENT US$
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2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC $104,039CURRENT US$
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2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$50,537CURRENT US$
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2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186

About

Ireland-Finland In 2022, Ireland exported $540M to Finland. The main products that Ireland exported to Finland are Zinc Ore ($121M), Packaged Medicaments ($114M), and Computers ($44.4M). During the last 27 years the exports of Ireland to Finland have increased at an annualized rate of 2.59%, from $271M in 1995 to $540M in 2022.

In 2020, Ireland exported services to Finland worth $434M, with Financial services ($208M), Other business services ($139M), and Insurance services ($49.1M) being the largest in terms of value.

Finland-Ireland In 2022, Finland exported $267M to Ireland. The main products that Finland exported to Ireland were Kaolin Coated Paper ($22.4M), Sawn Wood ($16.2M), and Other Agricultural Machinery ($9.38M). During the last 27 years the exports of Finland to Ireland have increased at an annualized rate of 0.75%, from $218M in 1995 to $267M in 2022.

In 2020, Finland exported services to Ireland worth $1.09B, with Computer and information services ($745M), Other business services ($287M), and Transportation ($14.8M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B).

Latest Trends

January, 2024

About

Overview In January 2024, Ireland exported €20M and imported €16M from Finland, resulting in a positive trade balance of €3.98M. Between January 2023 and January 2024 the exports of Ireland have decreased by €-2.52M (-11.2%) from €22.5M to €20M, while imports decreased by €-1.96M (-10.9%) from €17.9M to €16M.

Trade In January 2024, the top exports of Ireland to Finland were Metalliferous ores and metal scrap (€5.6M), Medicinal and pharmaceutical products (€4.21M), Office machines and automatic data processing... (€2.99M), Essential oils, perfume materials, toilet preparations... (€2.02M), and Chemical materials and products, n.e.s. (€1.66M). In January 2024 the top imports of Ireland from Finland were Paper, paperboard and articles of paper... (€3.17M), Electrical machinery, appliances etc., n.e.s. (€2.3M), Medicinal and pharmaceutical products (€1.93M), Cork and wood (€1.8M), and Iron and steel (€1.25M).

Growth In January 2024, the decrease in Ireland's year-by-year exports to Finland was explained primarily by an decrease in product exports in Metalliferous ores and metal scrap (€-1.7M or -23.3%), Meat and meat preparations (€-536k or -68%), and Telecommunications and sound recording, reproducing equipment (€-189k or -61.6%). In January 2024, the decrease in Ireland's year-by-year imports  from Finland was explained primarily by an decrease in product imports  in Fertilisers, manufactured (€-3.1M or -96.5%), Petroleum, petroleum products and related materials (€-2.98M or -100%), and General industrial machinery and parts, n.e.s. (€-1.56M or -57.1%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-2.52M(-11.2%)
IMPORT GROWTH (January 2023 - January 2024)€-1.96M(-10.9%)

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 Finland and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $540M to Finland. The main products exported from Ireland to Finland were Zinc Ore ($121M), Packaged Medicaments ($114M), and Computers ($44.4M). During the last 27 years the exports of Ireland to Finland have increased at an annualized rate of 2.59%, from $271M in 1995 to $540M in 2022.

In 2022, Finland exported $267M to Ireland. The main products exported from Finland to Ireland were Kaolin Coated Paper ($22.4M), Sawn Wood ($16.2M), and Other Agricultural Machinery ($9.38M). During the last 27 years the exports of Finland to Ireland have increased at an annualized rate of 0.75%, from $218M in 1995 to $267M in 2022.

Exports from Ireland (Flag) to Finland (Flag) (2022)

Exports from Finland (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Finland
Top DestinationGermany$9.99B

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

In 2021, countries that imported more from Ireland than Finland were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Finland than Ireland were Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

Difference in imports from Finland (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - Finland

Flow
Scale

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

During 2022, Ireland had a large net trade with Finland in the exports of Chemical Products ($193M), Machines ($128M), and Mineral Products ($122M).

During 2022, Finland had a large net trade with Ireland in the exports of Machines ($83.5M), Paper Goods ($40.3M), and Wood Products ($29.7M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Finland worth $434M, with Financial services ($208M), Other business services ($139M), and Insurance services ($49.1M) being the largest in terms of value.

In 2020, Finland exported services to Ireland worth $1.09B, with Computer and information services ($745M), Other business services ($287M), and Transportation ($14.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to Finland (Flag) (2020)

Services Exports from Finland (Flag) to Ireland (Flag) (2020)

Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Finland (Flag) (2022)

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