Sign In
Pricing

2022
Flag → Flag
Exports $376kRnk 183 / 210
2022
Flag → Flag
Top Product $242kSpecial Pharmaceuticals
2022
Flag → Flag
Exports $715kRnk 64 / 126
2022
Flag → Flag
Top Product $475kOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Ireland-Venezuela Trade: In 2022, Ireland exported $376k to Venezuela. The main products that Ireland exported to Venezuela were Special Pharmaceuticals ($242k), Orthopedic Appliances ($47.6k), and Base Metal Watches ($37.5k). Over the past 5 years the exports of Ireland to Venezuela have decreased at an annualized rate of 12.7%, from $741k in 2017 to $376k in 2022.

In 2018, Ireland exported services to Venezuela worth $1.18M, with Insurance services ($1.18M) being the largest in terms of value.

Venezuela-Ireland Trade: In 2022, Venezuela exported $715k to Ireland. The main products that Venezuela exported to Ireland were Office Machine Parts ($475k), Computers ($98.2k), and Broadcasting Equipment ($29.2k). Over the past 5 years the exports of Venezuela to Ireland have increased at an annualized rate of 33.6%,  from $168k in 2017 to $715k in 2022.

In 2022, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Venezuela, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Venezuela were . In N/A the top imports of Ireland from Venezuela were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Venezuela was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Venezuela was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

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 Venezuela and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Venezuela and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $376k to Venezuela. The main products exported from Ireland to Venezuela were Special Pharmaceuticals ($242k), Orthopedic Appliances ($47.6k), and Base Metal Watches ($37.5k). During the last 5 years the exports of Ireland to Venezuela have decreased at an annualized rate of 12.7%, from $741k in 2017 to $376k in 2022.

In 2017, Venezuela exported $715k to Ireland. The main products exported from Venezuela to Ireland were Office Machine Parts ($475k), Computers ($98.2k), and Broadcasting Equipment ($29.2k). During the last 5 years the exports of Venezuela to Ireland have increased at an annualized rate of 33.6%, from $168k in 2022 to $715k in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Ireland than Venezuela included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Venezuela than Ireland included Lebanon ($150M), Montenegro ($75.9M), and Dominican Republic ($76.7M).

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

Comparative Advantage Ireland - Venezuela

Flow
Scale

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

During 2022, Ireland had a large net trade with Venezuela in the exports of Chemical Products ($283k), Instruments ($85.2k), and Machines ($7.4k).

During 2017, Venezuela had a large net trade with Ireland in the exports of Machines ($611k), Plastics and Rubbers ($28.2k), and Instruments ($26.9k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Ireland and Venezuela. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Ireland.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms