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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
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Economic Complexity (ECI) ECI 1.28Rnk 16 / 124
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Ireland-United States In 2022, Ireland exported $70.7B to United States. The main products that Ireland exported to United States are Vaccines, blood, antisera, toxins and cultures ($17.8B), Packaged Medicaments ($12.9B), and Nitrogen Heterocyclic Compounds ($7.48B). During the last 27 years the exports of Ireland to United States have increased at an annualized rate of 11.2%, from $4.03B in 1995 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 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). During the last 27 years the exports of United States to Ireland have increased at an annualized rate of 5.79%, from $4.49B in 1995 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 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Latest Trends

January, 2024

About

Overview In January 2024, Ireland exported €6.64B and imported €1.37B from United States, resulting in a positive trade balance of €5.27B. Between January 2023 and January 2024 the exports of Ireland have increased by €2.66B (66.7%) from €3.98B to €6.64B, while imports decreased by €-310M (-18.5%) from €1.68B to €1.37B.

Trade In January 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 January 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 January 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 January 2024, the decrease in Ireland's year-by-year imports  from United States was explained primarily by an decrease in product imports  in Miscellaneous manufactured articles, n.e.s. (€-50.3M or -43.6%), Office machines and automatic data processing... (€-10.1M or -25.6%), and Organic chemicals (€-6.54M or -24.4%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€2.66B(66.7%)
IMPORT GROWTH (January 2023 - January 2024)€-310M(-18.5%)

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.

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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 27 years the exports of Ireland to United States have increased at an annualized rate of 11.2%, from $4.03B in 1995 to $70.7B in 2022.

In 2022, 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 27 years the exports of United States to Ireland have increased at an annualized rate of 5.79%, from $4.49B in 1995 to $20.5B in 2022.

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 2021, countries that imported more from Ireland than United States were Cyprus ($177M), Malta ($255M), and Iran ($52.1M).

In 2021, countries that imported more from United States than Ireland were 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 2022, United States had a large net trade with Ireland in the exports of Transportation ($5.96B), Machines ($5.31B), and Chemical Products ($4.78B).

Service Trade

Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to United States (Flag) (2020)

Services Exports from United States (Flag) to Ireland (Flag) (2017)

Economic Complexity

Competitive Landscape

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

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

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