2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 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
Flag
GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

Ireland-Germany Trade: In 2023, Ireland exported $26.7B to Germany. The main products that Ireland exported to Germany were Nitrogen Heterocyclic Compounds ($6.5B), Packaged Medicaments ($5.39B), and Vaccines, blood, antisera, toxins and cultures ($4.24B). Over the past 5 years the exports of Ireland to Germany have increased at an annualized rate of 15.1%, from $13.2B in 2018 to $26.7B in 2023.

In 2020, Ireland exported services to Germany worth $4.14B, with Insurance services ($1.69B), Other business services ($1.17B), and Financial services ($564M) being the largest in terms of value.

Germany-Ireland Trade: In 2023, Germany exported $10.3B to Ireland. The main products that Germany exported to Ireland were Planes, Helicopters, and/or Spacecraft ($1.03B), Cars ($919M), and Packaged Medicaments ($780M). Over the past 5 years the exports of Germany to Ireland have decreased at an annualized rate of 4.85%,  from $13.2B in 2018 to $10.3B in 2023.

In 2020, Germany exported services to Ireland worth $5.84B, with Other business services ($3.85B), Insurance services ($560M), and Transportation ($419M) 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $26.7B to Germany. The main products exported from Ireland to Germany were Nitrogen Heterocyclic Compounds ($6.5B), Packaged Medicaments ($5.39B), and Vaccines, blood, antisera, toxins and cultures ($4.24B). During the last 5 years the exports of Ireland to Germany have increased at an annualized rate of 15.1%, from $13.2B in 2018 to $26.7B in 2023.

In 2018, Germany exported $10.3B to Ireland. The main products exported from Germany to Ireland were Planes, Helicopters, and/or Spacecraft ($1.03B), Cars ($919M), and Packaged Medicaments ($780M). During the last 5 years the exports of Germany to Ireland have decreased at an annualized rate of 4.85%, from $13.2B in 2023 to $10.3B in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Germany
Top Destination
United States$157B

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

In 2023, countries that imported more from Ireland than Germany included Eswatini ($22.1M), French South Antarctic Territory ($3.85M), and Montserrat ($210k).

In 2023, countries that imported more from Germany than Ireland included France ($118B), Netherlands ($108B), and United States ($157B).

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

Comparative Advantage Ireland - Germany

Flow
Scale

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

During 2023, Ireland had a large net trade with Germany in the exports of Chemical Products ($18.7B), Machines ($3.05B), and Instruments ($1.69B).

During 2018, Germany had a large net trade with Ireland in the exports of Chemical Products ($2.49B), Transportation ($2.33B), and Machines ($2.24B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Germany+$228MIntegrated Circuits
Top Product Potential Germany Ireland+$244MCars

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, Ireland exported services to Germany worth $4.14B, with Insurance services ($1.69B), Other business services ($1.17B), and Financial services ($564M) being the largest in terms of value.

In 2020, Germany exported services to Ireland worth $5.84B, with Other business services ($3.85B), Insurance services ($560M), and Transportation ($419M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Germany (Flag) to Ireland (Flag) (N/A)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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