2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
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 GDP
$1.07TCURRENT US$
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2013-2023
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GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC
$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195

About

Ireland-Saudi Arabia Trade: In 2023, Ireland exported $1.67B to Saudi Arabia. The main products that Ireland exported to Saudi Arabia were Packaged Medicaments ($407M), Other Edible Preparations ($325M), and Vaccines, blood, antisera, toxins and cultures ($173M). Over the past 5 years the exports of Ireland to Saudi Arabia have increased at an annualized rate of 10.6%, from $1.01B in 2018 to $1.67B in 2023.

In 2023, Ireland did not export any services to Saudi Arabia.

Saudi Arabia-Ireland Trade: In 2023, Saudi Arabia exported $102M to Ireland. The main products that Saudi Arabia exported to Ireland were Refined Petroleum ($66.5M), Aluminium Plating ($18.3M), and Ethylene Polymers ($5.04M). Over the past 5 years the exports of Saudi Arabia to Ireland have increased at an annualized rate of 32.8%,  from $24.8M in 2018 to $102M in 2023.

In 2023, Saudi Arabia did not export any services to Ireland.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $1.67B to Saudi Arabia. The main products exported from Ireland to Saudi Arabia were Packaged Medicaments ($407M), Other Edible Preparations ($325M), and Vaccines, blood, antisera, toxins and cultures ($173M). During the last 5 years the exports of Ireland to Saudi Arabia have increased at an annualized rate of 10.6%, from $1.01B in 2018 to $1.67B in 2023.

In 2018, Saudi Arabia exported $102M to Ireland. The main products exported from Saudi Arabia to Ireland were Refined Petroleum ($66.5M), Aluminium Plating ($18.3M), and Ethylene Polymers ($5.04M). During the last 5 years the exports of Saudi Arabia to Ireland have increased at an annualized rate of 32.8%, from $24.8M in 2023 to $102M in 2018.

Exports from Ireland (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Saudi Arabia
Top Destination
China$64.4B

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

In 2023, countries that imported more from Ireland than Saudi Arabia included United States ($67.4B), Germany ($26.7B), and Belgium ($18.7B).

In 2023, countries that imported more from Saudi Arabia than Ireland included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Saudi Arabia

Flow
Scale

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

During 2023, Ireland had a large net trade with Saudi Arabia in the exports of Chemical Products ($790M), Foodstuffs ($411M), and Machines ($184M).

During 2018, Saudi Arabia had a large net trade with Ireland in the exports of Mineral Products ($66.6M), Metals ($18.9M), and Plastics and Rubbers ($10.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Saudi Arabia+$76.6MPackaged Medicaments
Top Product Potential Saudi Arabia Ireland+$56.4MRefined Petroleum

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

Product Space of Ireland (Flag) and Saudi Arabia (Flag) (2023)

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