Ireland (IRL) and France (FRA) Trade | OEC - The Observatory of Economic Complexity

About

Ireland-France In 2021, Ireland exported $8.96B to France. The main products that Ireland exported to France are Packaged Medicaments ($1.56B), Computers ($788M), and Vaccines, blood, antisera, toxins and cultures ($751M). During the last 26 years the exports of Ireland to France have increased at an annualized rate of 3.17%, from $3.98B in 1995 to $8.96B in 2021.

In 2020, Ireland exported services to France worth $3.59B, with Other business services ($1.62B), Insurance services ($1.22B), and Financial services ($415M) being the largest in terms of value.

France-Ireland In 2021, France exported $12.5B to Ireland. The main products that France exported to Ireland were Planes, Helicopters, and/or Spacecraft ($7.52B), Nitrogen Heterocyclic Compounds ($1.47B), and Vaccines, blood, antisera, toxins and cultures ($259M). During the last 26 years the exports of France to Ireland have increased at an annualized rate of 8.65%, from $1.45B in 1995 to $12.5B in 2021.

In 2020, France exported services to Ireland worth $6.73B, with Other business services ($4.54B), Financial services ($642M), and Transportation ($522M) 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, France ranked 15 in the Economic Complexity Index (ECI 1.35), and 8 in total exports ($569B).

Latest Trends

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February, 2023

About

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Overview In February 2023, Ireland exported €457M and imported €1.33B from France, resulting in a negative trade balance of €876M. Between February 2022 and February 2023 the exports of Ireland have decreased by €-290M (-38.8%) from €747M to €457M, while imports increased by €705M (112%) from €628M to €1.33B.

Trade In February 2023, the top exports of Ireland to France were Organic chemicals (€403M), Medicinal and pharmaceutical products (€208M), Meat and meat preparations (€31.4M), Metalliferous ores and metal scrap (€30.4M), and Office machines and automatic data processing... (€28.3M). In February 2023 the top imports of Ireland from France were Other transport equipment (€448M), Organic chemicals (€62.4M), Road vehicles (€44.5M), Medicinal and pharmaceutical products (€26.7M), and General industrial machinery and parts, n.e.s. (€14.2M).

Growth In February 2023, the decrease in Ireland's year-by-year exports to France was explained primarily by an decrease in product exports in Essential oils, perfume materials, toilet preparations... (€-21.9M or -83.9%), Chemical materials and products, n.e.s. (€-19.5M or -57.2%), and Miscellaneous edible products and preparations (€-6.93M or -94.2%). In February 2023, the increase in Ireland's year-by-year imports from France was explained primarily by an increase in product imports in Other transport equipment (€44M or 10.9%), Medicinal and pharmaceutical products (€12.7M or 90.3%), and Cereals and cereal preparations (€8.99M or 211%).

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (February 2022 - February 2023): €-290M, (-38.8%)

IMPORT GROWTH (February 2022 - February 2023): €705M, (112%)

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 France 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 2021, Ireland exported $8.96B to France. The main products exported from Ireland to France were Packaged Medicaments ($1.56B), Computers ($788M), and Vaccines, blood, antisera, toxins and cultures ($751M). During the last 26 years the exports of Ireland to France have increased at an annualized rate of 3.17%, from $3.98B in 1995 to $8.96B in 2021.

In 2021, France exported $12.5B to Ireland. The main products exported from France to Ireland were Planes, Helicopters, and/or Spacecraft ($7.52B), Nitrogen Heterocyclic Compounds ($1.47B), and Vaccines, blood, antisera, toxins and cultures ($259M). During the last 26 years the exports of France to Ireland have increased at an annualized rate of 8.65%, from $1.45B in 1995 to $12.5B in 2021.

Market Competitiveness

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Color

SectionYear

Ireland
Top Destination: United States, $59.8B

France
Top Destination: Germany, $74.1B

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

In 2021, countries that imported more from Ireland than France were United States ($59.8B), Vietnam ($2.12B), and Malaysia ($1.77B).

In 2021, countries that imported more from France than Ireland were Germany ($74.1B), Italy ($46B), and Spain ($41.6B).

Comparative Advantage Ireland - France

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Flow

Scale

Year

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

During 2021, Ireland had a large net trade with France in the exports of Chemical Products ($3.95B), Machines ($2.73B), and Animal Products ($835M).

During 2021, France had a large net trade with Ireland in the exports of Transportation ($7.93B), Chemical Products ($2.36B), and Machines ($584M).

Service Trade

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Bilateral Service Trade

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Fra YearIrl Year

In 2020, Ireland exported services to France worth $3.59B, with Other business services ($1.62B), Insurance services ($1.22B), and Financial services ($415M) being the largest in terms of value.

In 2020, France exported services to Ireland worth $6.73B, with Other business services ($4.54B), Financial services ($642M), and Transportation ($522M) 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 France. Similarly, the more yellow a dot/product is, the more France has comparative advantage over Ireland.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Ireland - France

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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