Flag Portugal / Ireland Flag

2021
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Exports
: $505M, Rnk 21 / 210

2021
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Top Product
: $89.6M, Packaged Medicaments

2021
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Exports
: $976M, Rnk 25 / 206

2021
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Top Product
: $346M, Nitrogen Heterocyclic Compounds

2021
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Economic Complexity (ECI)
: ECI 0.56, Rnk 43 / 131

2021
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Economic Complexity (ECI)
: ECI 1.29, Rnk 17 / 131

2021
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GDP
: $250B, CURRENT US$
Rnk 47 / 182

2011-2021
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GDP GROWTH
: 1.95%, CURRENT US$
Rnk 145 / 182

2021
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 GDP
: $499B, CURRENT US$
Rnk 25 / 182

2011-2021
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GDP GROWTH
: 109%, CURRENT US$
Rnk 13 / 182

2021
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GDP PC 
: $24,262, CURRENT US$
Rnk 37 / 182

2011-2021
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GDP PC GROWTH
: 4.5%, CURRENT US$
Rnk 115 / 182

2021
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GDP PC
: $99,152, CURRENT US$
Rnk 3 / 182

2011-2021
Flag
GDP PC GROWTH
: 90%, CURRENT US$
Rnk 8 / 182

Portugal-Ireland In 2021, Portugal exported $505M to Ireland. The main products that Portugal exported to Ireland are Packaged Medicaments ($89.6M), Raw Iron Bars ($48M), and Cars ($28.5M). During the last 26 years the exports of Portugal to Ireland have increased at an annualized rate of 6.02%, from $110M in 1995 to $505M in 2021.

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 In 2021, Ireland exported $976M to Portugal. The main products that Ireland exported to Portugal were Nitrogen Heterocyclic Compounds ($346M), Packaged Medicaments ($118M), and Scrap Iron ($77M). During the last 26 years the exports of Ireland to Portugal have increased at an annualized rate of 6.12%, from $208M in 1995 to $976M in 2021.

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 2021,  Portugal ranked 43 in the Economic Complexity Index (ECI 0.56), and 46 in total exports ($75.6B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.29), and 30 in total exports ($212B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Portugal exported $505M to Ireland. The main products exported from Portugal to Ireland were Packaged Medicaments ($89.6M), Raw Iron Bars ($48M), and Cars ($28.5M). During the last 26 years the exports of Portugal to Ireland have increased at an annualized rate of 6.02%, from $110M in 1995 to $505M in 2021.

In 2021, Ireland exported $976M to Portugal. The main products exported from Ireland to Portugal were Nitrogen Heterocyclic Compounds ($346M), Packaged Medicaments ($118M), and Scrap Iron ($77M). During the last 26 years the exports of Ireland to Portugal have increased at an annualized rate of 6.12%, from $208M in 1995 to $976M in 2021.

Market Competitiveness

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Color

Portugal
Top Destination
: Spain, $19.3B

Ireland
Top Destination
: United States, $59.8B

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

In 2021, countries that imported more from Portugal than Ireland were Spain ($19.3B), Angola ($1.19B), and Morocco ($1.23B).

In 2021, countries that imported more from Ireland than Portugal were United States ($59.8B), United Kingdom ($19.7B), and Germany ($23.3B).

Comparative Advantage Portugal - Ireland

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Flow
Scale

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

During 2021, Portugal had a large net trade with Ireland in the exports of Chemical Products ($135M), Metals ($105M), and Machines ($38.2M).

During 2021, Ireland had a large net trade with Portugal in the exports of Chemical Products ($590M), Machines ($150M), and Metals ($82.6M).

Bilateral Service Trade

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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.

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.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Portugal has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Portugal.