2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 195
2023
Flag
GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Ireland-Israel Trade: In 2023, Ireland exported $696M to Israel. The main products that Ireland exported to Israel were Vaccines, blood, antisera, toxins and cultures ($157M), Packaged Medicaments ($150M), and Scented Mixtures ($75.6M). Over the past 5 years the exports of Ireland to Israel have increased at an annualized rate of 4.56%, from $557M in 2018 to $696M in 2023.

In 2009, Ireland exported services to Israel worth $781M, with Services not allocated ($390M), Computer and information services ($340M), and Other business services ($38.9M) being the largest in terms of value.

Israel-Ireland Trade: In 2023, Israel exported $4.22B to Ireland. The main products that Israel exported to Ireland were Integrated Circuits ($3.58B), Planes, Helicopters, and/or Spacecraft ($403M), and Broadcasting Equipment ($67.6M). Over the past 5 years the exports of Israel to Ireland have increased at an annualized rate of 109%,  from $106M in 2018 to $4.22B in 2023.

In 2012, Israel exported services to Ireland worth $5.76M, with Computer and information services ($5.76M) being the largest in terms of value.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $696M to Israel. The main products exported from Ireland to Israel were Vaccines, blood, antisera, toxins and cultures ($157M), Packaged Medicaments ($150M), and Scented Mixtures ($75.6M). During the last 5 years the exports of Ireland to Israel have increased at an annualized rate of 4.56%, from $557M in 2018 to $696M in 2023.

In 2018, Israel exported $4.22B to Ireland. The main products exported from Israel to Ireland were Integrated Circuits ($3.58B), Planes, Helicopters, and/or Spacecraft ($403M), and Broadcasting Equipment ($67.6M). During the last 5 years the exports of Israel to Ireland have increased at an annualized rate of 109%, from $106M in 2023 to $4.22B in 2018.

Exports from Ireland (Flag) to Israel (Flag) (2023)

Exports from Israel (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Israel
Top Destination
United States$20.3B

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

In 2023, countries that imported more from Ireland than Israel included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Israel than Ireland included Egypt ($2.23B), Hong Kong ($2.46B), and India ($1.76B).

Difference in imports from Israel (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Israel

Flow
Scale

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

During 2023, Ireland had a large net trade with Israel in the exports of Chemical Products ($415M), Machines ($136M), and Instruments ($66.2M).

During 2018, Israel had a large net trade with Ireland in the exports of Machines ($3.68B), Transportation ($404M), and Chemical Products ($60.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Israel+$40.4MPackaged Medicaments
Top Product Potential Israel Ireland+$13.3MTelephones

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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Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Israel (Flag) (2023)

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