2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Ireland-United Kingdom In 2022, Ireland exported $19B to United Kingdom. The main products that Ireland exported to United Kingdom are Nitrogen Heterocyclic Compounds ($1.41B), Packaged Medicaments ($1.22B), and Vaccines, blood, antisera, toxins and cultures ($997M). During the last 27 years the exports of Ireland to United Kingdom have increased at an annualized rate of 2.21%, from $10.5B in 1995 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 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). During the last 27 years the exports of United Kingdom to Ireland have increased at an annualized rate of 3.74%, from $12.1B in 1995 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 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

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 27 years the exports of Ireland to United Kingdom have increased at an annualized rate of 2.21%, from $10.5B in 1995 to $19B in 2022.

In 2022, 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 27 years the exports of United Kingdom to Ireland have increased at an annualized rate of 3.74%, from $12.1B in 1995 to $32.6B in 2022.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
United Kingdom
Top Destination
United 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 2021, countries that imported more from Ireland than United Kingdom were United States ($70.7B), Vietnam ($1.61B), and Mexico ($2.17B).

In 2021, countries that imported more from United Kingdom than Ireland were 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 2022, 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).

Service Trade

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)

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

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

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