2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$219BCURRENT US$
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2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$20,732CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
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About

Ireland-Greece Trade: In 2022, Ireland exported $443M to Greece. The main products that Ireland exported to Greece were Packaged Medicaments ($167M), Scented Mixtures ($40.8M), and Flavored Water ($21.6M). Over the past 5 years the exports of Ireland to Greece have decreased at an annualized rate of 0.25%, from $449M in 2017 to $443M in 2022.

In 2020, Ireland exported services to Greece worth $217M, with Other business services ($121M), Insurance services ($74.2M), and Financial services ($16M) being the largest in terms of value.

Greece-Ireland Trade: In 2022, Greece exported $274M to Ireland. The main products that Greece exported to Ireland were Refined Petroleum ($103M), Packaged Medicaments ($61.4M), and Nitrogenous Fertilizers ($24.7M). Over the past 5 years the exports of Greece to Ireland have increased at an annualized rate of 14.5%,  from $140M in 2017 to $274M in 2022.

In 2020, Greece exported services to Ireland worth $326M, with Other business services ($90.6M), Transportation ($54.5M), and Financial services ($49.6M) 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $443M to Greece. The main products exported from Ireland to Greece were Packaged Medicaments ($167M), Scented Mixtures ($40.8M), and Flavored Water ($21.6M). During the last 5 years the exports of Ireland to Greece have decreased at an annualized rate of 0.25%, from $449M in 2017 to $443M in 2022.

In 2017, Greece exported $274M to Ireland. The main products exported from Greece to Ireland were Refined Petroleum ($103M), Packaged Medicaments ($61.4M), and Nitrogenous Fertilizers ($24.7M). During the last 5 years the exports of Greece to Ireland have increased at an annualized rate of 14.5%, from $140M in 2022 to $274M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Greece
Top Destination
Italy$5.82B

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

In 2022, countries that imported more from Ireland than Greece included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Greece than Ireland included Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

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

Comparative Advantage Ireland - Greece

Flow
Scale

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

During 2022, Ireland had a large net trade with Greece in the exports of Chemical Products ($276M), Foodstuffs ($42.1M), and Machines ($39.6M).

During 2017, Greece had a large net trade with Ireland in the exports of Mineral Products ($105M), Chemical Products ($94M), and Plastics and Rubbers ($13.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Greece+$39MPackaged Medicaments
Top Product Potential Greece Ireland+$51.6MRefined Petroleum

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 Greece worth $217M, with Other business services ($121M), Insurance services ($74.2M), and Financial services ($16M) being the largest in terms of value.

In 2020, Greece exported services to Ireland worth $326M, with Other business services ($90.6M), Transportation ($54.5M), and Financial services ($49.6M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Greece (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 Greece. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Ireland.

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

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