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).