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2022
Flag → Flag
Exports $19BRnk 3 / 210
2022
Flag → Flag
Top Product $1.41BNitrogen Heterocyclic Compounds
2022
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Exports $32.6BRnk 5 / 224
2022
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Top Product $4.73BPetroleum Gas
2022
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Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
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Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Ireland-United Kingdom Trade: In 2022, Ireland exported $19B to United Kingdom. The main products that Ireland exported to United Kingdom were Nitrogen Heterocyclic Compounds ($1.41B), Packaged Medicaments ($1.22B), and Vaccines, blood, antisera, toxins and cultures ($997M). Over the past 5 years the exports of Ireland to United Kingdom have increased at an annualized rate of 0.17%, from $18.8B in 2017 to $19B in 2022.

In 2020, Ireland exported services to United Kingdom worth $18.3B, with Financial services ($7.99B), Other business services ($5.29B), and Insurance services ($2.22B) being the largest in terms of value.

United Kingdom-Ireland Trade: In 2022, United Kingdom exported $32.6B to Ireland. The main products that United Kingdom exported to Ireland were Petroleum Gas ($4.73B), Refined Petroleum ($4.05B), and Nitrogen Heterocyclic Compounds ($3.76B). Over the past 5 years the exports of United Kingdom to Ireland have increased at an annualized rate of 5.92%,  from $24.4B in 2017 to $32.6B in 2022.

In 2019, United Kingdom exported services to Ireland worth $17.6B, with Other business services ($14.6B), Travel ($1.74B), and Transportation ($985M) 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Latest Trends

September, 2024

About

Overview In September 2024, Ireland exported €1.61B and imported €1.73B from United Kingdom, resulting in a negative trade balance of €127M. Between September 2023 and September 2024 the exports of Ireland have increased by €4.58M (0.29%) from €1.6B to €1.61B, while imports decreased by €-425M (-19.7%) from €2.16B to €1.73B.

Trade In September 2024, the top exports of Ireland to United Kingdom were Organic chemicals (€346M), Meat and meat preparations (€160M), Medicinal and pharmaceutical products (€123M), Miscellaneous manufactured articles, n.e.s. (€82M), and Office machines and automatic data processing... (€75.7M). In September 2024 the top imports of Ireland from United Kingdom were Gas, natural and manufactured (€954M), Petroleum, petroleum products and related materials (€207M), Organic chemicals (€203M), Medicinal and pharmaceutical products (€155M), and Road vehicles (€96M).

Growth In September 2024, the increase in Ireland's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Office machines and automatic data processing... (€30M or 65.6%), Medicinal and pharmaceutical products (€22.8M or 22.9%), and Cereals and cereal preparations (€16.3M or 37.3%). In September 2024, the decrease in Ireland's year-by-year imports  from United Kingdom was explained primarily by an decrease in product imports  in Organic chemicals (€-58.3M or -22.3%), Electrical machinery, appliances etc., n.e.s. (€-39M or -47.8%), and Professional, scientific and controlling apparatus (€-6.73M or -19.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)€4.58M(0.29%)
IMPORT GROWTH (September 2023 - September 2024)€-425M(-19.7%)

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 United Kingdom and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Kingdom and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $19B to United Kingdom. The main products exported from Ireland to United Kingdom were Nitrogen Heterocyclic Compounds ($1.41B), Packaged Medicaments ($1.22B), and Vaccines, blood, antisera, toxins and cultures ($997M). During the last 5 years the exports of Ireland to United Kingdom have increased at an annualized rate of 0.17%, from $18.8B in 2017 to $19B in 2022.

In 2017, United Kingdom exported $32.6B to Ireland. The main products exported from United Kingdom to Ireland were Petroleum Gas ($4.73B), Refined Petroleum ($4.05B), and Nitrogen Heterocyclic Compounds ($3.76B). During the last 5 years the exports of United Kingdom to Ireland have increased at an annualized rate of 5.92%, from $24.4B in 2022 to $32.6B in 2017.

Exports from Ireland (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Ireland than United Kingdom included United States ($70.7B), Vietnam ($1.61B), and Mexico ($2.17B).

In 2022, countries that imported more from United Kingdom than Ireland included Netherlands ($41.9B), France ($30.2B), and China ($35.4B).

Difference in imports from United Kingdom (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - United Kingdom

Flow
Scale

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

During 2022, Ireland had a large net trade with United Kingdom in the exports of Chemical Products ($5.26B), Animal Products ($2.76B), and Foodstuffs ($2.71B).

During 2017, United Kingdom had a large net trade with Ireland in the exports of Mineral Products ($9.24B), Chemical Products ($7.19B), and Machines ($4.95B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland United Kingdom+$742MPackaged Medicaments
Top Product Potential United Kingdom Ireland+$212MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Ireland exported services to United Kingdom worth $18.3B, with Financial services ($7.99B), Other business services ($5.29B), and Insurance services ($2.22B) being the largest in terms of value.

In 2019, United Kingdom exported services to Ireland worth $17.6B, with Other business services ($14.6B), Travel ($1.74B), and Transportation ($985M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Ireland (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ireland and United Kingdom. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Ireland.

Product Space of Ireland (Flag) and United Kingdom (Flag) (2022)

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