2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC
$10,295CURRENT US$
Rnk 89 / 196
2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

Ireland-Brazil Trade: In 2023, Ireland exported $1.01B to Brazil. The main products that Ireland exported to Brazil were Vaccines, blood, antisera, toxins and cultures ($557M), Packaged Medicaments ($157M), and Orthopedic Appliances ($65.1M). Over the past 5 years the exports of Ireland to Brazil have increased at an annualized rate of 9.03%, from $658M in 2018 to $1.01B in 2023.

In 2020, Ireland exported services to Brazil worth $604M, with Other business services ($567M), Insurance services ($27.4M), and Travel ($10.3M) being the largest in terms of value.

Brazil-Ireland Trade: In 2023, Brazil exported $268M to Ireland. The main products that Brazil exported to Ireland were Corn ($64M), Aluminium Ore ($23M), and Other Prepared Meat ($19.7M). Over the past 5 years the exports of Brazil to Ireland have decreased at an annualized rate of 9.06%,  from $431M in 2018 to $268M in 2023.

In 2023, Brazil did not export any services to Ireland.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $1.01B to Brazil. The main products exported from Ireland to Brazil were Vaccines, blood, antisera, toxins and cultures ($557M), Packaged Medicaments ($157M), and Orthopedic Appliances ($65.1M). During the last 5 years the exports of Ireland to Brazil have increased at an annualized rate of 9.03%, from $658M in 2018 to $1.01B in 2023.

In 2018, Brazil exported $268M to Ireland. The main products exported from Brazil to Ireland were Corn ($64M), Aluminium Ore ($23M), and Other Prepared Meat ($19.7M). During the last 5 years the exports of Brazil to Ireland have decreased at an annualized rate of 9.06%, from $431M in 2023 to $268M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Brazil
Top Destination
China$106B

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

In 2023, countries that imported more from Ireland than Brazil included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from Brazil than Ireland included China ($106B), Argentina ($17.2B), and Chile ($8.68B).

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

Comparative Advantage Ireland - Brazil

Flow
Scale

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

During 2023, Ireland had a large net trade with Brazil in the exports of Chemical Products ($765M), Instruments ($94.5M), and Machines ($84.4M).

During 2018, Brazil had a large net trade with Ireland in the exports of Vegetable Products ($85.6M), Foodstuffs ($63.7M), and Mineral Products ($26.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Brazil+$103MVaccines, blood, antisera, toxins and cultures
Top Product Potential Brazil Ireland+$8.65MCoffee

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 Brazil. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Ireland.

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

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