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2023
Flag → Flag
Exports $611MRnk 34 / 211
2023
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Top Product $144MScented Mixtures
2023
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Exports $206MRnk 45 / 214
2023
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Top Product $54.1MPackaged Medicaments
2023
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Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
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Economic Complexity (ECI) ECI 0.4Rnk 46 / 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$243BCURRENT US$
Rnk 54 / 195
2013-2023
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GDP GROWTH2.93%CURRENT US$
Rnk 166 / 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$23,401CURRENT US$
Rnk 53 / 196
2013-2023
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GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

Ireland-Greece Trade: In 2023, Ireland exported $611M to Greece. The main products that Ireland exported to Greece were Scented Mixtures ($144M), Nitrogen Heterocyclic Compounds ($110M), and Packaged Medicaments ($81.6M). Over the past 5 years the exports of Ireland to Greece have decreased at an annualized rate of 6.05%, from $835M in 2018 to $611M in 2023.

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 2023, Greece exported $206M to Ireland. The main products that Greece exported to Ireland were Packaged Medicaments ($54.1M), Refined Petroleum ($24.1M), and Mixed Mineral or Chemical Fertilizers ($15.1M). Over the past 5 years the exports of Greece to Ireland have increased at an annualized rate of 3.39%,  from $168M in 2018 to $206M in 2023.

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 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Ireland exported €43M and imported €16.2M from Greece, resulting in a positive trade balance of €26.8M. Between November 2023 and November 2024 the exports of Ireland have decreased by €-7.35M (-14.6%) from €50.3M to €43M, while imports increased by €4.46M (38%) from €11.7M to €16.2M.

Trade In November 2024, the top exports of Ireland to Greece were Medicinal and pharmaceutical products (€8.52M), Chemical materials and products, n.e.s. (€4.94M), Essential oils, perfume materials, toilet preparations... (€4.51M), Organic chemicals (€1.44M), and Office machines and automatic data processing... (€1.14M). In November 2024 the top imports of Ireland from Greece were Medicinal and pharmaceutical products (€3.14M), Unclassified estimates (€2.16M), Miscellaneous manufactured articles, n.e.s. (€850k), Dairy products and birds eggs (€691k), and Vegetables and fruit (€555k).

Growth In November 2024, the decrease in Ireland's year-by-year exports to Greece was explained primarily by an decrease in product exports in Medicinal and pharmaceutical products (€-13.4M or -61.1%), Dairy products and birds eggs (€-2.9M or -81.7%), and Organic chemicals (€-2.09M or -59.3%). In November 2024, the increase in Ireland's year-by-year imports  from Greece was explained primarily by an increase in product imports  in Medicinal and pharmaceutical products (€2.31M or 275%), Unclassified estimates (€1.75M or 423%), and Cereals and cereal preparations (€216k or 220%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-7.35M(-14.6%)
IMPORT GROWTH (November 2023 - November 2024)€4.46M(38%)

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 Greece and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greece and Ireland Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $611M to Greece. The main products exported from Ireland to Greece were Scented Mixtures ($144M), Nitrogen Heterocyclic Compounds ($110M), and Packaged Medicaments ($81.6M). During the last 5 years the exports of Ireland to Greece have decreased at an annualized rate of 6.05%, from $835M in 2018 to $611M in 2023.

In 2018, Greece exported $206M to Ireland. The main products exported from Greece to Ireland were Packaged Medicaments ($54.1M), Refined Petroleum ($24.1M), and Mixed Mineral or Chemical Fertilizers ($15.1M). During the last 5 years the exports of Greece to Ireland have increased at an annualized rate of 3.39%, from $168M in 2023 to $206M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Greece than Ireland included Cyprus ($3.03B), Bulgaria ($2.38B), and Lebanon ($1.78B).

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

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 2023, Ireland had a large net trade with Greece in the exports of Chemical Products ($395M), Miscellaneous ($68.1M), and Foodstuffs ($44.8M).

During 2018, Greece had a large net trade with Ireland in the exports of Chemical Products ($91.4M), Mineral Products ($35.8M), and Plastics and Rubbers ($16.5M).

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) (2023)

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