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2022
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Exports $443MRnk 40 / 210
2022
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Top Product $167MPackaged Medicaments
2022
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Exports $274MRnk 44 / 208
2022
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Top Product $103MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
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Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
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GDP$529BCURRENT US$
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2012-2022
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GDP GROWTH135%CURRENT US$
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2022
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 GDP$219BCURRENT US$
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2012-2022
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GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 186
2022
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GDP PC $104,039CURRENT US$
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2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186

About

Ireland-Greece In 2022, Ireland exported $443M to Greece. The main products that Ireland exported to Greece are Packaged Medicaments ($167M), Scented Mixtures ($40.8M), and Flavored Water ($21.6M). During the last 27 years the exports of Ireland to Greece have increased at an annualized rate of 1.83%, from $271M in 1995 to $443M in 2022.

In 2020, Ireland exported services to Greece worth $217M, with Other business services ($121M), Insurance services ($74.2M), and Financial services ($16M) being the largest in terms of value.

Greece-Ireland In 2022, Greece exported $274M to Ireland. The main products that Greece exported to Ireland were Refined Petroleum ($103M), Packaged Medicaments ($61.4M), and Nitrogenous Fertilizers ($24.7M). During the last 27 years the exports of Greece to Ireland have increased at an annualized rate of 7.3%, from $40.9M in 1995 to $274M in 2022.

In 2020, Greece exported services to Ireland worth $326M, with Other business services ($90.6M), Transportation ($54.5M), and Financial services ($49.6M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Latest Trends

February, 2024

About

Overview In February 2024, Ireland exported €29.8M and imported €13.5M from Greece, resulting in a positive trade balance of €16.4M. Between February 2023 and February 2024 the exports of Ireland have decreased by €-27.9M (-48.3%) from €57.7M to €29.8M, while imports increased by €3.93M (41.3%) from €9.53M to €13.5M.

Trade In February 2024, the top exports of Ireland to Greece were Medicinal and pharmaceutical products (€8.52M), Chemical materials and products, n.e.s. (€4.94M), Essential oils, perfume materials, toilet preparations... (€4.51M), Organic chemicals (€1.44M), and Office machines and automatic data processing... (€1.14M). In February 2024 the top imports of Ireland from Greece were Medicinal and pharmaceutical products (€3.14M), Unclassified estimates (€2.16M), Miscellaneous manufactured articles, n.e.s. (€850k), Dairy products and birds eggs (€691k), and Vegetables and fruit (€555k).

Growth In February 2024, the decrease in Ireland's year-by-year exports to Greece was explained primarily by an decrease in product exports in Medicinal and pharmaceutical products (€-13.4M or -61.1%), Dairy products and birds eggs (€-2.9M or -81.7%), and Organic chemicals (€-2.09M or -59.3%). In February 2024, the increase in Ireland's year-by-year imports  from Greece was explained primarily by an increase in product imports  in Medicinal and pharmaceutical products (€2.31M or 275%), Unclassified estimates (€1.75M or 423%), and Cereals and cereal preparations (€216k or 220%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)€-27.9M(-48.3%)
IMPORT GROWTH (February 2023 - February 2024)€3.93M(41.3%)

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 Greece and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $443M to Greece. The main products exported from Ireland to Greece were Packaged Medicaments ($167M), Scented Mixtures ($40.8M), and Flavored Water ($21.6M). During the last 27 years the exports of Ireland to Greece have increased at an annualized rate of 1.83%, from $271M in 1995 to $443M in 2022.

In 2022, Greece exported $274M to Ireland. The main products exported from Greece to Ireland were Refined Petroleum ($103M), Packaged Medicaments ($61.4M), and Nitrogenous Fertilizers ($24.7M). During the last 27 years the exports of Greece to Ireland have increased at an annualized rate of 7.3%, from $40.9M in 1995 to $274M in 2022.

Exports from Ireland (Flag) to Greece (Flag) (2022)

Exports from Greece (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Greece
Top DestinationItaly$5.82B

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

In 2021, countries that imported more from Ireland than Greece were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Greece than Ireland were Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

Difference in imports from Greece (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - Greece

Flow
Scale

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

During 2022, Ireland had a large net trade with Greece in the exports of Chemical Products ($276M), Foodstuffs ($42.1M), and Machines ($39.6M).

During 2022, Greece had a large net trade with Ireland in the exports of Mineral Products ($105M), Chemical Products ($94M), and Plastics and Rubbers ($13.5M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Greece worth $217M, with Other business services ($121M), Insurance services ($74.2M), and Financial services ($16M) being the largest in terms of value.

In 2020, Greece exported services to Ireland worth $326M, with Other business services ($90.6M), Transportation ($54.5M), and Financial services ($49.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to Greece (Flag) (2020)

Services Exports from Greece (Flag) to Ireland (Flag) (2020)

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

Product Space of Ireland (Flag) and Greece (Flag) (2022)

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