Flag Ireland / Romania Flag

2019
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Exports
: $556M, Rnk 35 / 204

2019
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Top Product
: $169M, Packaged Medicaments

2019
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Exports
: $150M, Rnk 50 / 195

2019
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Top Product
: $34.8M, Cars

2019
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Economic Complexity (ECI)
: ECI 1.32, Rnk 19 / 146

2019
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Economic Complexity (ECI)
: ECI 1.08, Rnk 24 / 146

2019
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GDP
: $389B, CURRENT US$
Rnk 31 / 187

2009-2019
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GDP GROWTH
: 64.5%, CURRENT US$
Rnk 70 / 187

2019
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 GDP
: $250B, CURRENT US$
Rnk 46 / 187

2009-2019
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GDP GROWTH
: 43.6%, CURRENT US$
Rnk 103 / 187

2019
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GDP PC 
: $78,661, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP PC GROWTH
: 51%, CURRENT US$
Rnk 56 / 187

2019
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GDP PC
: $12,920, CURRENT US$
Rnk 62 / 187

2009-2019
Flag
GDP PC GROWTH
: 51.1%, CURRENT US$
Rnk 55 / 187

Ireland-Romania In 2019, Ireland exported $556M to Romania. The main products that Ireland exported to Romania are Packaged Medicaments ($169M), Scented Mixtures ($154M), and Integrated Circuits ($55.4M). During the last 24 years the exports of Ireland to Romania have increased at an annualized rate of 14%, from $23.9M in 1995 to $556M in 2019.

In 2018, Ireland exported services to Romania worth $61.2M, with Insurance services ($20M), Other business services ($16.5M), and Transportation ($13M) being the largest in terms of value.

Romania-Ireland In 2019, Romania exported $150M to Ireland . The main products that Romania exported to Ireland were Cars ($34.8M), Corn ($14.8M), and Non-Knit Active Wear ($9.69M). During the last 24 years the exports of Romania to Ireland have increased at an annualized rate of 12.6%, from $8.79M in 1995 to $150M in 2019.

In 2018, Romania exported services to Ireland worth $415M, with Other business services ($226M), Computer and information services ($165M), and Communications services ($13.7M) being the largest in terms of value.

Comparison In 2019,  Ireland ranked 19 in the Economic Complexity Index (ECI 1.32), and 28 in total exports ($190B). That same year, Romania ranked 24 in the Economic Complexity Index (ECI 1.08), and 41 in total exports ($78.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Ireland exported $556M to Romania. The main products exported from Ireland to Romania were Packaged Medicaments ($169M), Scented Mixtures ($154M), and Integrated Circuits ($55.4M). During the last 24 years the exports of Ireland to Romania have increased at an annualized rate of 14%, from $23.9M in 1995 to $556M in 2019.

In 2019, Romania exported $150M to Ireland. The main products exported from Romania to Ireland were Cars ($34.8M), Corn ($14.8M), and Non-Knit Active Wear ($9.69M). During the last 24 years the exports of Romania to Ireland have increased at an annualized rate of 12.6%, from $8.79M in 1995 to $150M in 2019.

Ireland Exports

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Romania Exports

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Market Competitiveness

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Measure

Ireland
Top Destination
: United States, $53.7B

Romania
Top Destination
: Germany, $17.3B

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

In 2019, countries that imported more from Ireland than Romania were United States ($53.7B), Belgium ($19B), and United Kingdom ($17.7B).

In 2019, countries that imported more from Romania than Ireland were Italy ($8.17B), Hungary ($3.32B), and Bulgaria ($2.63B).

Comparative Advantage Ireland - Romania

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Depth

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

During 2019, Ireland had a large net trade with Romania in the exports of Chemical Products ($347M), Machines ($112M), and Foodstuffs ($48M).

During 2019, Romania had a large net trade with Ireland in the exports of Textiles ($43.3M), Transportation ($35.1M), and Vegetable Products ($19.7M).

Flow

Bilateral Service Trade

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In 2018, Ireland exported services to Romania worth $61.2M, with Insurance services ($20M), Other business services ($16.5M), and Transportation ($13M) being the largest in terms of value.

In 2018, Romania exported services to Ireland worth $415M, with Other business services ($226M), Computer and information services ($165M), and Communications services ($13.7M) 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 Romania. Similarly, the more red a dot/product is, the more Romania has comparative advantage over Ireland.