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2023
Flag → Flag
Exports $56.3MRnk 78 / 211
2023
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Top Product $16.6MPackaged Medicaments
2023
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Exports $25.5MRnk 53 / 192
2023
Flag → Flag
Top Product $2.46MCalculators
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
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GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
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 GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
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GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
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GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
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GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC$30,133CURRENT US$
Rnk 47 / 196
2013-2023
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GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195

About

Ireland-Estonia Trade: In 2023, Ireland exported $56.3M to Estonia. The main products that Ireland exported to Estonia were Packaged Medicaments ($16.6M), Gas Turbines ($6.1M), and Hard Liquor ($3.28M). Over the past 5 years the exports of Ireland to Estonia have decreased at an annualized rate of 3.66%, from $67.8M in 2018 to $56.3M in 2023.

In 2020, Ireland exported services to Estonia worth $19.4M, with Other business services ($11.4M), Financial services ($3.43M), and Transportation ($2.28M) being the largest in terms of value.

Estonia-Ireland Trade: In 2023, Estonia exported $25.5M to Ireland. The main products that Estonia exported to Ireland were Calculators ($2.46M), Prefabricated Buildings ($1.62M), and Peat ($1.29M). Over the past 5 years the exports of Estonia to Ireland have increased at an annualized rate of 1.13%,  from $24.1M in 2018 to $25.5M in 2023.

In 2020, Estonia exported services to Ireland worth $102M, with Other business services ($60.9M), Computer and information services ($20.2M), and Transportation ($11.9M) 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, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Ireland exported €1.82M and imported €892k from Estonia, resulting in a positive trade balance of €927k. Between November 2023 and November 2024 the exports of Ireland have decreased by €-1.03M (-36.2%) from €2.85M to €1.82M, while imports decreased by €-173k (-16.2%) from €1.07M to €892k.

Trade In November 2024, the top exports of Ireland to Estonia were Medicinal and pharmaceutical products (€2.02M), Other transport equipment (€350k), Machinery specialised for particular industries (€275k), General industrial machinery and parts, n.e.s. (€268k), and Power generating machinery and equipment (€245k). In November 2024 the top imports of Ireland from Estonia were Prefab buildings; plumbing and electrical fixtures... (€116k), Furniture and parts thereof (€102k), Miscellaneous manufactured articles, n.e.s. (€90k), Unclassified estimates (€90k), and Metalliferous ores and metal scrap (€83k).

Growth In November 2024, the decrease in Ireland's year-by-year exports to Estonia was explained primarily by an decrease in product exports in Office machines and automatic data processing... (€-1.14M or -90.1%), Chemical materials and products, n.e.s. (€-452k or -98.5%), and Professional, scientific and controlling apparatus (€-113k or -63.8%). In November 2024, the decrease in Ireland's year-by-year imports  from Estonia was explained primarily by an decrease in product imports  in Plastics in primary forms (€-275k or -89.3%), Electrical machinery, appliances etc., n.e.s. (€-268k or -84.5%), and Metalliferous ores and metal scrap (€-238k or -74.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-1.03M(-36.2%)
IMPORT GROWTH (November 2023 - November 2024)€-173k(-16.2%)

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 Estonia and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Estonia and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $56.3M to Estonia. The main products exported from Ireland to Estonia were Packaged Medicaments ($16.6M), Gas Turbines ($6.1M), and Hard Liquor ($3.28M). During the last 5 years the exports of Ireland to Estonia have decreased at an annualized rate of 3.66%, from $67.8M in 2018 to $56.3M in 2023.

In 2018, Estonia exported $25.5M to Ireland. The main products exported from Estonia to Ireland were Calculators ($2.46M), Prefabricated Buildings ($1.62M), and Peat ($1.29M). During the last 5 years the exports of Estonia to Ireland have increased at an annualized rate of 1.13%, from $24.1M in 2023 to $25.5M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Estonia
Top DestinationFinland$2.71B

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

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

In 2023, countries that imported more from Estonia than Ireland included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

Comparative Advantage Ireland - Estonia

Flow
Scale

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

During 2023, Ireland had a large net trade with Estonia in the exports of Chemical Products ($22.1M), Machines ($15.5M), and Foodstuffs ($6.05M).

During 2018, Estonia had a large net trade with Ireland in the exports of Machines ($5.37M), Plastics and Rubbers ($3.81M), and Miscellaneous ($3.57M).

Bilateral Service Trade

In 2020, Ireland exported services to Estonia worth $19.4M, with Other business services ($11.4M), Financial services ($3.43M), and Transportation ($2.28M) being the largest in terms of value.

In 2020, Estonia exported services to Ireland worth $102M, with Other business services ($60.9M), Computer and information services ($20.2M), and Transportation ($11.9M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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