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Pricing

2022
Flag → Flag
Exports $70.7BRnk 1 / 210
2022
Flag → Flag
Top Product $17.8BVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $20.5BRnk 21 / 219
2022
Flag → Flag
Top Product $5.87BPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Ireland-United States Trade: In 2022, Ireland exported $70.7B to United States. The main products that Ireland exported to United States were Vaccines, blood, antisera, toxins and cultures ($17.8B), Packaged Medicaments ($12.9B), and Nitrogen Heterocyclic Compounds ($7.48B). Over the past 5 years the exports of Ireland to United States have increased at an annualized rate of 9.78%, from $44.3B in 2017 to $70.7B in 2022.

In 2020, Ireland exported services to United States worth $12.6B, with Other business services ($8.24B), Financial services ($2.22B), and Insurance services ($1.27B) being the largest in terms of value.

United States-Ireland Trade: In 2022, United States exported $20.5B to Ireland. The main products that United States exported to Ireland were Planes, Helicopters, and/or Spacecraft ($5.87B), Vaccines, blood, antisera, toxins and cultures ($2.3B), and Machinery Having Individual Functions ($1.59B). Over the past 5 years the exports of United States to Ireland have increased at an annualized rate of 3.82%,  from $17B in 2017 to $20.5B in 2022.

In 2017, United States exported services to Ireland worth $53.9B, with Other business services ($25B), Royalties and license fees ($19.5B), and Financial services ($6.8B) being the largest in terms of value.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €6.66B and imported €1.96B from United States, resulting in a positive trade balance of €4.7B. Between August 2023 and August 2024 the exports of Ireland have increased by €1.6B (31.6%) from €5.06B to €6.66B, while imports increased by €578M (41.8%) from €1.38B to €1.96B.

Trade In August 2024, the top exports of Ireland to United States were Medicinal and pharmaceutical products (€2.07B), Organic chemicals (€607M), Professional, scientific and controlling apparatus (€407M), Essential oils, perfume materials, toilet preparations... (€278M), and Miscellaneous manufactured articles, n.e.s. (€209M). In August 2024 the top imports of Ireland from United States were Medicinal and pharmaceutical products (€311M), Other transport equipment (€306M), Machinery specialised for particular industries (€207M), Electrical machinery, appliances etc., n.e.s. (€131M), and Power generating machinery and equipment (€127M).

Growth In August 2024, the increase in Ireland's year-by-year exports to United States was explained primarily by an increase in product exports in Professional, scientific and controlling apparatus (€92.7M or 29.5%), Plastics in non-primary forms (€33.8M or 301%), and Dairy products and birds eggs (€20.1M or 142%). In August 2024, the increase in Ireland's year-by-year imports  from United States was explained primarily by an increase in product imports  in Machinery specialised for particular industries (€176M or 567%), Other transport equipment (€75.1M or 32.6%), and Medicinal and pharmaceutical products (€72.6M or 30.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€1.6B(31.6%)
IMPORT GROWTH (August 2023 - August 2024)€578M(41.8%)

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 United States and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United States and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $70.7B to United States. The main products exported from Ireland to United States were Vaccines, blood, antisera, toxins and cultures ($17.8B), Packaged Medicaments ($12.9B), and Nitrogen Heterocyclic Compounds ($7.48B). During the last 5 years the exports of Ireland to United States have increased at an annualized rate of 9.78%, from $44.3B in 2017 to $70.7B in 2022.

In 2017, United States exported $20.5B to Ireland. The main products exported from United States to Ireland were Planes, Helicopters, and/or Spacecraft ($5.87B), Vaccines, blood, antisera, toxins and cultures ($2.3B), and Machinery Having Individual Functions ($1.59B). During the last 5 years the exports of United States to Ireland have increased at an annualized rate of 3.82%, from $17B in 2022 to $20.5B in 2017.

Exports from Ireland (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
United States
Top DestinationCanada$308B

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

In 2022, countries that imported more from Ireland than United States included Cyprus ($177M), Malta ($255M), and Iran ($52.1M).

In 2022, countries that imported more from United States than Ireland included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - United States

Flow
Scale

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

During 2022, Ireland had a large net trade with United States in the exports of Chemical Products ($57B), Instruments ($6.43B), and Machines ($3.6B).

During 2017, United States had a large net trade with Ireland in the exports of Transportation ($5.96B), Machines ($5.31B), and Chemical Products ($4.78B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland United States+$149MComputers
Top Product Potential United States Ireland+$98.6MComputers

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

Product Space of Ireland (Flag) and United States (Flag) (2022)

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