2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
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About

Romania-Ireland Trade: In 2022, Romania exported $193M to Ireland. The main products that Romania exported to Ireland were Cars ($36.9M), Packaged Medicaments ($12.1M), and Non-Knit Active Wear ($10.6M). Over the past 5 years the exports of Romania to Ireland have increased at an annualized rate of 5.35%, from $148M in 2017 to $193M in 2022.

In 2020, Romania exported services to Ireland worth $585M, with Other business services ($279M), Computer and information services ($216M), and Travel ($35M) being the largest in terms of value.

Ireland-Romania Trade: In 2022, Ireland exported $570M to Romania. The main products that Ireland exported to Romania were Scented Mixtures ($181M), Packaged Medicaments ($123M), and Integrated Circuits ($57.6M). Over the past 5 years the exports of Ireland to Romania have increased at an annualized rate of 6.73%,  from $411M in 2017 to $570M in 2022.

In 2020, Ireland exported services to Romania worth $80M, with Other business services ($35.4M), Insurance services ($28.6M), and Travel ($11.4M) being the largest in terms of value.

Comparison: In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $193M to Ireland. The main products exported from Romania to Ireland were Cars ($36.9M), Packaged Medicaments ($12.1M), and Non-Knit Active Wear ($10.6M). During the last 5 years the exports of Romania to Ireland have increased at an annualized rate of 5.35%, from $148M in 2017 to $193M in 2022.

In 2017, Ireland exported $570M to Romania. The main products exported from Ireland to Romania were Scented Mixtures ($181M), Packaged Medicaments ($123M), and Integrated Circuits ($57.6M). During the last 5 years the exports of Ireland to Romania have increased at an annualized rate of 6.73%, from $411M in 2022 to $570M in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Ireland (Flag)

Romania Exports

Ireland Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Ireland
Top Destination
United States$70.7B

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

In 2022, countries that imported more from Romania than Ireland included Hungary ($6.75B), Italy ($9.55B), and Bulgaria ($3.9B).

In 2022, countries that imported more from Ireland than Romania included United States ($70.7B), United Kingdom ($19B), and China ($16.7B).

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

Comparative Advantage Romania - Ireland

Flow
Scale

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

During 2022, Romania had a large net trade with Ireland in the exports of N/A.

During 2017, Ireland had a large net trade with Romania in the exports of Chemical Products ($348M), Machines ($121M), and Foodstuffs ($26.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Ireland+$28.7MCars
Top Product Potential Ireland Romania+$64.5MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Romania exported services to Ireland worth $585M, with Other business services ($279M), Computer and information services ($216M), and Travel ($35M) being the largest in terms of value.

In 2020, Ireland exported services to Romania worth $80M, with Other business services ($35.4M), Insurance services ($28.6M), and Travel ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Ireland (Flag) (2020)

Services Exports from Ireland (Flag) to Romania (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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