Flag Ireland / United Kingdom Flag

Exports Flag β†’ Flag  (2018): $18.5B, Rnk 2 / 201

Top Product Flag β†’ Flag (2018): $1.86B, Blood, antisera, vaccines, toxins and cultures

Exports Flag β†’ Flag (2018): $27.4B, Rnk 5 / 217

Top Product Flag β†’ Flag (2018): $2.04B, Refined Petroleum

Economic Complexity of Flag (2018): ECI 1.35, Rnk 17 / 137

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

GDP Flag (2018): $382B, CURRENT US$
Rnk 30 / 196

GDP GROWTH Flag (2008-2018): 39.1%, CURRENT US$
Rnk 101 / 196

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 196

GDP PC Flag (2018): $78,806, CURRENT US$
Rnk 6 / 196

GDP PC GROWTH Flag (2008-2018): 28.6%, CURRENT US$
Rnk 85 / 196

GDP PC Flag (2018): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

Ireland-United Kingdom: In 2018, Ireland exported $18.5B to United Kingdom. The main products exported from Ireland to United Kingdom were Blood, antisera, vaccines, toxins and cultures ($1.86B), Packaged Medicaments ($919M), and Bovine Meat ($906M). During the last 23 years the exports of Ireland to United Kingdom have increased at an annualized rate of 2.39%, from $10.8B in 1995 to $18.5B in 2018. In 2009, Ireland exported services to United Kingdom worth $36.2B, with Services not allocated ($19.3B), Computer and information services ($5.69B), and Other business services ($4.84B) being the largest in terms of value.

United Kingdom-Ireland: In 2018, United Kingdom exported $27.4B to Ireland. The main products exported from United Kingdom to Ireland were Refined Petroleum ($2.04B), Petroleum Gas ($774M), and Packaged Medicaments ($711M). During the last 23 years the exports of United Kingdom to Ireland have increased at an annualized rate of 4.02%, from $11.1B in 1995 to $27.4B in 2018. In 2016, United Kingdom exported services to Ireland worth $2.73B, with Travel ($1.7B), Transportation ($1.01B), and Government services, n.i.e. ($22.9M) being the largest in terms of value.

Comparison: In 2018, Ireland ranked 17 in the Economic Complexity Index (ECI 1.35), and 31 in total exports ($175B). That same year, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). In terms of GDP Per Capita, Ireland was ranked 6 with a GDP Per Capita of $78,806, and United Kingdom was ranked 22 with a GDP Per Capita of $42,944.

Bilateral Trade by Products

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Depth
Value

In 2018, Ireland exported $18.5B to United Kingdom. The main products exported from Ireland to United Kingdom were Blood, antisera, vaccines, toxins and cultures ($1.86B), Packaged Medicaments ($919M), and Bovine Meat ($906M). During the last 23 years the exports of Ireland to United Kingdom have increased at an annualized rate of 2.39%, from $10.8B in 1995 to $18.5B in 2018.

In 2018, United Kingdom exported $27.4B to Ireland. The main products exported from United Kingdom to Ireland were Refined Petroleum ($2.04B), Petroleum Gas ($774M), and Packaged Medicaments ($711M). During the last 23 years the exports of United Kingdom to Ireland have increased at an annualized rate of 4.02%, from $11.1B in 1995 to $27.4B in 2018.

Market Competitiveness

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Measure

Ireland
Top Destination
: United States, $49.3B

United Kingdom
Top Destination
: United States, $61.9B

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 2018, countries that imported more from Ireland than United Kingdom were Maldives ($49.8M), Fiji ($46.1M), and El Salvador ($67.2M).

In 2018, countries that imported more from United Kingdom than Ireland were Germany ($45.5B), Netherlands ($33.3B), and France ($29.7B).

Comparative Advantage Ireland - United Kingdom

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Depth

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

During 2018, Ireland had a large net trade with United Kingdom in the exports of Chemical Products ($4.75B), Animal Products ($3.17B), and Foodstuffs ($2.85B).

During 2018, United Kingdom had a large net trade with Ireland in the exports of Machines ($4.56B), Mineral Products ($3.64B), and Chemical Products ($3.34B).

Tariff Section

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In N/A,  Ireland and United Kingdom are members of the European Union, so they have no Tariffs between each other regarding products.

Article 28 of the TFEU promotes the free circulation of goods within the EU by establishing a customs union. The customs union prohibits the charging of any duties on imports and exports within member states of the EU or the levying of any charge having the equivalent effect as a customs duty (CHEE). Duties are still payable on goods coming from countries outwith the EU but once the goods have passed through the import formalities of one member state they enjoy the same freedom of movement as goods originating within the EU.

To explore the different product levels and year available with data, visit our Tariff Explorer Section. Explore Tariff Data

Trade Forecasts

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This section shows a forecast for total trade between Ireland and United Kingdom. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2009, Ireland exported services to United Kingdom worth $36.2B, with Services not allocated ($19.3B), Computer and information services ($5.69B), and Other business services ($4.84B) being the largest in terms of value.

In 2016, United Kingdom exported services to Ireland worth $2.73B, with Travel ($1.7B), Transportation ($1.01B), and Government services, n.i.e. ($22.9M) 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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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Ireland has comparative advantage over United Kingdom. Similarly, the more red a dot/product is, the more United Kingdom has comparative advantage over Ireland.