New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $570MRnk 36 / 210
2022
Flag → Flag
Top Product $181MScented Mixtures
2022
Flag → Flag
Exports $193MRnk 52 / 196
2022
Flag → Flag
Top Product $36.9MCars
2022
Flag
Economic Complexity (ECI) ECI 1.28Rnk 16 / 124
2022
Flag
Economic Complexity (ECI) ECI 1.05Rnk 22 / 124
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP GROWTH68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC$15,892CURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP PC GROWTH77.9%CURRENT US$
Rnk 16 / 186

About

Ireland-Romania In 2022, Ireland exported $570M to Romania. The main products that Ireland exported to Romania are Scented Mixtures ($181M), Packaged Medicaments ($123M), and Integrated Circuits ($57.6M). During the last 27 years the exports of Ireland to Romania have increased at an annualized rate of 12.5%, from $23.9M in 1995 to $570M in 2022.

In 2020, Ireland exported services to Romania worth $80M, with Other business services ($35.4M), Insurance services ($28.6M), and Travel ($11.4M) being the largest in terms of value.

Romania-Ireland In 2022, Romania exported $193M to Ireland. The main products that Romania exported to Ireland were Cars ($36.9M), Packaged Medicaments ($12.1M), and Non-Knit Active Wear ($10.6M). During the last 27 years the exports of Romania to Ireland have increased at an annualized rate of 11.7%, from $9.73M in 1995 to $193M in 2022.

In 2020, Romania exported services to Ireland worth $585M, with Other business services ($279M), Computer and information services ($216M), and Travel ($35M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B).

Latest Trends

January, 2024

About

Overview In January 2024, Ireland exported €26.7M and imported €10.3M from Romania, resulting in a positive trade balance of €16.4M. Between January 2023 and January 2024 the exports of Ireland have decreased by €-18.2M (-40.6%) from €44.9M to €26.7M, while imports increased by €231k (2.3%) from €10M to €10.3M.

Trade In January 2024, the top exports of Ireland to Romania were Medicinal and pharmaceutical products (€16.5M), Essential oils, perfume materials, toilet preparations... (€9.51M), Chemical materials and products, n.e.s. (€5.09M), Office machines and automatic data processing... (€4.3M), and Miscellaneous edible products and preparations (€1.59M). In January 2024 the top imports of Ireland from Romania were Articles of apparel and clothing accessories (€1.5M), Road vehicles (€1.49M), Electrical machinery, appliances etc., n.e.s. (€1.48M), Unclassified estimates (€1.04M), and Medicinal and pharmaceutical products (€845k).

Growth In January 2024, the decrease in Ireland's year-by-year exports to Romania was explained primarily by an decrease in product exports in Power generating machinery and equipment (€-583k or -83.4%), Professional, scientific and controlling apparatus (€-205k or -63.9%), and Textile fibres, excluding wool tops, and... (€-161k or -100%). In January 2024, the increase in Ireland's year-by-year imports  from Romania was explained primarily by an increase in product imports  in Road vehicles (€1.08M or 260%), Office machines and automatic data processing... (€666k or 1.96k%), and Unclassified estimates (€574k or 124%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-18.2M(-40.6%)
IMPORT GROWTH (January 2023 - January 2024)€231k(2.3%)

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 Romania and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Romania and Ireland Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $570M to Romania. The main products exported from Ireland to Romania were Scented Mixtures ($181M), Packaged Medicaments ($123M), and Integrated Circuits ($57.6M). During the last 27 years the exports of Ireland to Romania have increased at an annualized rate of 12.5%, from $23.9M in 1995 to $570M in 2022.

In 2022, Romania exported $193M to Ireland. The main products exported from Romania to Ireland were Cars ($36.9M), Packaged Medicaments ($12.1M), and Non-Knit Active Wear ($10.6M). During the last 27 years the exports of Romania to Ireland have increased at an annualized rate of 11.7%, from $9.73M in 1995 to $193M in 2022.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Romania
Top DestinationGermany$18.8B

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 2021, countries that imported more from Ireland than Romania were United States ($70.7B), United Kingdom ($19B), and China ($16.7B).

In 2021, countries that imported more from Romania than Ireland were Hungary ($6.75B), Italy ($9.55B), and Bulgaria ($3.9B).

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

Comparative Advantage Ireland - Romania

Flow
Scale

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

During 2022, Ireland had a large net trade with Romania in the exports of Chemical Products ($348M), Machines ($121M), and Foodstuffs ($26.2M).

During 2022, Romania had a large net trade with Ireland in the exports of Textiles ($42M), Transportation ($37.5M), and Machines ($27.8M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Romania worth $80M, with Other business services ($35.4M), Insurance services ($28.6M), and Travel ($11.4M) being the largest in terms of value.

In 2020, Romania exported services to Ireland worth $585M, with Other business services ($279M), Computer and information services ($216M), and Travel ($35M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Romania (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 Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Ireland.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms