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2022
Flag → Flag
Exports $16.7BRnk 5 / 210
2022
Flag → Flag
Top Product $8.24BIntegrated Circuits
2022
Flag → Flag
Exports $8.11BRnk 56 / 211
2022
Flag → Flag
Top Product $1.57BNitrogen Heterocyclic Compounds
2022
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Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
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Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
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$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 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
Flag
GDP PC$12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Ireland-China Trade: In 2022, Ireland exported $16.7B to China. The main products that Ireland exported to China were Integrated Circuits ($8.24B), Vaccines, blood, antisera, toxins and cultures ($3.39B), and Packaged Medicaments ($751M). Over the past 5 years the exports of Ireland to China have increased at an annualized rate of 23.7%, from $5.77B in 2017 to $16.7B in 2022.

In 2020, Ireland exported services to China worth $2.79B, with Other business services ($2.3B), Insurance services ($326M), and Travel ($99.4M) being the largest in terms of value.

China-Ireland Trade: In 2022, China exported $8.11B to Ireland. The main products that China exported to Ireland were Nitrogen Heterocyclic Compounds ($1.57B), Office Machine Parts ($696M), and Planes, Helicopters, and/or Spacecraft ($593M). Over the past 5 years the exports of China to Ireland have increased at an annualized rate of 18.6%,  from $3.46B in 2017 to $8.11B in 2022.

In 2022, China did not export any services to Ireland.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €786M and imported €908M from China, resulting in a negative trade balance of €122M. Between August 2023 and August 2024 the exports of Ireland have increased by €49.5M (6.71%) from €737M to €786M, while imports increased by €31.9M (3.64%) from €877M to €908M.

Trade In August 2024, the top exports of Ireland to China were Electrical machinery, appliances etc., n.e.s. (€316M), Miscellaneous manufactured articles, n.e.s. (€75.5M), Medicinal and pharmaceutical products (€57M), Other transport equipment (€34.3M), and Organic chemicals (€25.7M). In August 2024 the top imports of Ireland from China were Telecommunications and sound recording, reproducing equipment (€119M), Office machines and automatic data processing... (€100M), Electrical machinery, appliances etc., n.e.s. (€92M), Organic chemicals (€82.8M), and Miscellaneous manufactured articles, n.e.s. (€55.7M).

Growth In August 2024, the increase in Ireland's year-by-year exports to China was explained primarily by an increase in product exports in Other transport equipment (€34.2M or 27.8k%), Medicinal and pharmaceutical products (€9.93M or 21.1%), and Professional, scientific and controlling apparatus (€9.47M or 68.4%). In August 2024, the increase in Ireland's year-by-year imports  from China was explained primarily by an increase in product imports  in Petroleum, petroleum products and related materials (€10.5M or 8.23k%), Electrical machinery, appliances etc., n.e.s. (€6.35M or 7.41%), and Road vehicles (€4.77M or 41.6%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€49.5M(6.71%)
IMPORT GROWTH (August 2023 - August 2024)€31.9M(3.64%)

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 China and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore China and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $16.7B to China. The main products exported from Ireland to China were Integrated Circuits ($8.24B), Vaccines, blood, antisera, toxins and cultures ($3.39B), and Packaged Medicaments ($751M). During the last 5 years the exports of Ireland to China have increased at an annualized rate of 23.7%, from $5.77B in 2017 to $16.7B in 2022.

In 2017, China exported $8.11B to Ireland. The main products exported from China to Ireland were Nitrogen Heterocyclic Compounds ($1.57B), Office Machine Parts ($696M), and Planes, Helicopters, and/or Spacecraft ($593M). During the last 5 years the exports of China to Ireland have increased at an annualized rate of 18.6%, from $3.46B in 2022 to $8.11B in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Ireland than China included Gibraltar ($141M), Saint Barthélemy ($1.13M), and Guam ($744k).

In 2022, countries that imported more from China than Ireland included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Ireland - China

Flow
Scale

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

During 2022, Ireland had a large net trade with China in the exports of Machines ($9.13B), Chemical Products ($5.15B), and Instruments ($728M).

During 2017, China had a large net trade with Ireland in the exports of Machines ($2.8B), Chemical Products ($2.2B), and Transportation ($729M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland China+$411MPackaged Medicaments
Top Product Potential China Ireland+$368MComputers

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

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

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