Portugal-Ireland Trade: In 2022, Portugal exported $685M to Ireland. The main products that Portugal exported to Ireland were Packaged Medicaments ($68.3M), Raw Iron Bars ($59.2M), and Unpackaged Medicaments ($57.4M). Over the past 5 years the exports of Portugal to Ireland have increased at an annualized rate of 12.4%, from $382M in 2017 to $685M in 2022.
In 2020, Portugal exported services to Ireland worth $559M, with Other business services ($236M), Travel ($220M), and Transportation ($82.2M) being the largest in terms of value.
Ireland-Portugal Trade: In 2022, Ireland exported $916M to Portugal. The main products that Ireland exported to Portugal were Nitrogen Heterocyclic Compounds ($181M), Packaged Medicaments ($136M), and Scrap Iron ($80.4M). Over the past 5 years the exports of Ireland to Portugal have increased at an annualized rate of 4.02%, from $571M in 2017 to $916M in 2022.
In 2020, Ireland exported services to Portugal worth $415M, with Other business services ($313M), Insurance services ($54.8M), and Transportation ($22.8M) being the largest in terms of value.
Comparison: In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).