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2023
Flag → Flag
Exports $1.6BRnk 19 / 211
2023
Flag → Flag
Top Product $471MPackaged Medicaments
2023
Flag → Flag
Exports $97.5MRnk 66 / 211
2023
Flag → Flag
Top Product $32MWine
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Ireland-Australia Trade: In 2023, Ireland exported $1.6B to Australia. The main products that Ireland exported to Australia were Packaged Medicaments ($471M), Vaccines, blood, antisera, toxins and cultures ($302M), and Orthopedic Appliances ($233M). Over the past 5 years the exports of Ireland to Australia have increased at an annualized rate of 1.38%, from $1.5B in 2018 to $1.6B in 2023.

In 2020, Ireland exported services to Australia worth $1.23B, with Other business services ($873M), Royalties and license fees ($168M), and Insurance services ($109M) being the largest in terms of value.

Australia-Ireland Trade: In 2023, Australia exported $97.5M to Ireland. The main products that Australia exported to Ireland were Wine ($32M), Packaged Medicaments ($5.14M), and Beauty Products ($4.71M). Over the past 5 years the exports of Australia to Ireland have decreased at an annualized rate of 1.12%,  from $107M in 2018 to $97.5M in 2023.

In 2009, Australia exported services to Ireland worth $342M, with Travel ($234M), Other business services ($70.5M), and Transportation ($22.2M) being the largest in terms of value.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Latest Trends

December, 2024

About

Overview In December 2024, Ireland exported €51.6M and imported €8.69M from Australia, resulting in a positive trade balance of €43M. Between December 2023 and December 2024 the exports of Ireland have decreased by €-19.3M (-27.2%) from €71M to €51.6M, while imports decreased by €-1.11M (-11.3%) from €9.8M to €8.69M.

Trade In December 2024, the top exports of Ireland to Australia were Medicinal and pharmaceutical products (€73.4M), General industrial machinery and parts, n.e.s. (€18.8M), Miscellaneous manufactured articles, n.e.s. (€8.53M), Office machines and automatic data processing... (€3.64M), and Meat and meat preparations (€3.32M). In December 2024 the top imports of Ireland from Australia were Beverages (€1.51M), Electrical machinery, appliances etc., n.e.s. (€1.12M), Medicinal and pharmaceutical products (€877k), Miscellaneous manufactured articles, n.e.s. (€771k), and Essential oils, perfume materials, toilet preparations... (€366k).

Growth In December 2024, the decrease in Ireland's year-by-year exports to Australia was explained primarily by an decrease in product exports in Telecommunications and sound recording, reproducing equipment (€-1.57M or -61.8%), Miscellaneous manufactured articles, n.e.s. (€-1.45M or -14.5%), and Photographic apparatus, optical goods, watches and... (€-811k or -41%). In December 2024, the decrease in Ireland's year-by-year imports  from Australia was explained primarily by an decrease in product imports  in Crude fertilisers and minerals, excluding coal,... (€-454k or -100%), Machinery specialised for particular industries (€-445k or -57.4%), and Plastics in non-primary forms (€-237k or -52.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)€-19.3M(-27.2%)
IMPORT GROWTH (December 2023 - December 2024)€-1.11M(-11.3%)

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 Australia and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Australia and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $1.6B to Australia. The main products exported from Ireland to Australia were Packaged Medicaments ($471M), Vaccines, blood, antisera, toxins and cultures ($302M), and Orthopedic Appliances ($233M). During the last 5 years the exports of Ireland to Australia have increased at an annualized rate of 1.38%, from $1.5B in 2018 to $1.6B in 2023.

In 2018, Australia exported $97.5M to Ireland. The main products exported from Australia to Ireland were Wine ($32M), Packaged Medicaments ($5.14M), and Beauty Products ($4.71M). During the last 5 years the exports of Australia to Ireland have decreased at an annualized rate of 1.12%, from $107M in 2023 to $97.5M in 2018.

Exports from Ireland (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Ireland (Flag) (2023)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Ireland than Australia included United States ($67.4B), Germany ($26.7B), and Belgium ($18.7B).

In 2023, countries that imported more from Australia than Ireland included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Ireland (Flag) (2023)

Comparative Advantage Ireland - Australia

Flow
Scale

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

During 2023, Ireland had a large net trade with Australia in the exports of Chemical Products ($829M), Instruments ($367M), and Machines ($197M).

During 2018, Australia had a large net trade with Ireland in the exports of Foodstuffs ($33.5M), Chemical Products ($17.6M), and Machines ($15.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Australia+$92.3MVaccines, blood, antisera, toxins and cultures
Top Product Potential Australia Ireland+$25.1MCoal Briquettes

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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Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Australia (Flag) (2023)

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