Ireland / Spain

Ireland-Spain Trade: In 2022, Ireland exported $3.84B to Spain. The main products that Ireland exported to Spain were Packaged Medicaments ($470M), Industrial Fatty Acids, Oils and Alcohols ($439M), and Broadcasting Equipment ($419M). Over the past 5 years the exports of Ireland to Spain have increased at an annualized rate of 3.66%, from $3.21B in 2017 to $3.84B in 2022.

In 2020, Ireland exported services to Spain worth $1.69B, with Other business services ($913M), Financial services ($274M), and Insurance services ($248M) being the largest in terms of value.

Spain-Ireland Trade: In 2022, Spain exported $3.04B to Ireland. The main products that Spain exported to Ireland were Vaccines, blood, antisera, toxins and cultures ($639M), Nitrogen Heterocyclic Compounds ($309M), and Cars ($176M). Over the past 5 years the exports of Spain to Ireland have increased at an annualized rate of 11.9%,  from $1.73B in 2017 to $3.04B in 2022.

In 2020, Spain exported services to Ireland worth $327M, with Travel ($327M) being the largest in terms of value.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).