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2022
Flag → Flag
Exports $6.24BRnk 8 / 210
2022
Flag → Flag
Top Product $1.69BPackaged Medicaments
2022
Flag → Flag
Exports $2.58BRnk 34 / 211
2022
Flag → Flag
Top Product $1.2BMachinery Having Individual Functions
2022
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Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Ireland-Japan Trade: In 2022, Ireland exported $6.24B to Japan. The main products that Ireland exported to Japan were Packaged Medicaments ($1.69B), Vaccines, blood, antisera, toxins and cultures ($1.27B), and Planes, Helicopters, and/or Spacecraft ($670M). Over the past 5 years the exports of Ireland to Japan have increased at an annualized rate of 7.35%, from $4.38B in 2017 to $6.24B in 2022.

In 2020, Ireland exported services to Japan worth $6.81B, with Computer and information services ($6.54B), Financial services ($193M), and Insurance services ($45.7M) being the largest in terms of value.

Japan-Ireland Trade: In 2022, Japan exported $2.58B to Ireland. The main products that Japan exported to Ireland were Machinery Having Individual Functions ($1.2B), Cars ($232M), and Other Measuring Instruments ($122M). Over the past 5 years the exports of Japan to Ireland have increased at an annualized rate of 22.8%,  from $923M in 2017 to $2.58B in 2022.

In 2022, Japan did not export any services to Ireland.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €204M and imported €208M from Japan, resulting in a negative trade balance of €4.15M. Between August 2023 and August 2024 the exports of Ireland have decreased by €-145M (-41.6%) from €348M to €204M, while imports increased by €30.2M (17%) from €178M to €208M.

Trade In August 2024, the top exports of Ireland to Japan were Medicinal and pharmaceutical products (€119M), Photographic apparatus, optical goods, watches and... (€40.6M), Other transport equipment (€34M), Miscellaneous manufactured articles, n.e.s. (€19M), and Essential oils, perfume materials, toilet preparations... (€17.1M). In August 2024 the top imports of Ireland from Japan were Machinery specialised for particular industries (€38.9M), Road vehicles (€37.8M), Organic chemicals (€17M), Electrical machinery, appliances etc., n.e.s. (€8.96M), and Power generating machinery and equipment (€8.53M).

Growth In August 2024, the decrease in Ireland's year-by-year exports to Japan was explained primarily by an decrease in product exports in Professional, scientific and controlling apparatus (€-47.2M or -85.7%), Meat and meat preparations (€-27.6M or -80.8%), and Essential oils, perfume materials, toilet preparations... (€-11.9M or -41%). In August 2024, the increase in Ireland's year-by-year imports  from Japan was explained primarily by an increase in product imports  in Machinery specialised for particular industries (€5.51M or 16.5%), Organic chemicals (€3.01M or 21.6%), and Iron and steel (€1.42M or 218%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-145M(-41.6%)
IMPORT GROWTH (August 2023 - August 2024)€30.2M(17%)

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 Japan and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Japan and Ireland Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $6.24B to Japan. The main products exported from Ireland to Japan were Packaged Medicaments ($1.69B), Vaccines, blood, antisera, toxins and cultures ($1.27B), and Planes, Helicopters, and/or Spacecraft ($670M). During the last 5 years the exports of Ireland to Japan have increased at an annualized rate of 7.35%, from $4.38B in 2017 to $6.24B in 2022.

In 2017, Japan exported $2.58B to Ireland. The main products exported from Japan to Ireland were Machinery Having Individual Functions ($1.2B), Cars ($232M), and Other Measuring Instruments ($122M). During the last 5 years the exports of Japan to Ireland have increased at an annualized rate of 22.8%, from $923M in 2022 to $2.58B in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Ireland than Japan included Belgium ($17B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Japan than Ireland included China ($135B), United States ($137B), and South Korea ($50.8B).

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

Comparative Advantage Ireland - Japan

Flow
Scale

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

During 2022, Ireland had a large net trade with Japan in the exports of Chemical Products ($3.48B), Instruments ($1.21B), and Transportation ($671M).

During 2017, Japan had a large net trade with Ireland in the exports of Machines ($1.49B), Chemical Products ($342M), and Transportation ($326M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Japan+$137MVaccines, blood, antisera, toxins and cultures
Top Product Potential Japan Ireland+$118MCars

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 Japan. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Ireland.

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

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