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2023
Flag → Flag
Exports $774MRnk 29 / 211
2023
Flag → Flag
Top Product $133MOrthopedic Appliances
2023
Flag → Flag
Exports $1.05BRnk 64 / 220
2023
Flag → Flag
Top Product $69.3MVaccines, blood, antisera, toxins and cultures
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Ireland-India Trade: In 2023, Ireland exported $774M to India. The main products that Ireland exported to India were Orthopedic Appliances ($133M), Gas Turbines ($51.9M), and Office Machine Parts ($49.8M). Over the past 5 years the exports of Ireland to India have increased at an annualized rate of 9.79%, from $485M in 2018 to $774M in 2023.

In 2020, Ireland exported services to India worth $1.47B, with Other business services ($1.32B), Insurance services ($69.7M), and Travel ($48M) being the largest in terms of value.

India-Ireland Trade: In 2023, India exported $1.05B to Ireland. The main products that India exported to Ireland were Vaccines, blood, antisera, toxins and cultures ($69.3M), Nitrogen Heterocyclic Compounds ($57.9M), and Broadcasting Equipment ($44.9M). Over the past 5 years the exports of India to Ireland have increased at an annualized rate of 9.08%,  from $681M in 2018 to $1.05B in 2023.

In 2023, India did not export any services to Ireland.

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Latest Trends

November, 2024

About

Overview In November 2024, Ireland exported €60.4M and imported €85.7M from India, resulting in a negative trade balance of €25.3M. Between November 2023 and November 2024 the exports of Ireland have increased by €9.33M (18.3%) from €51.1M to €60.4M, while imports increased by €6.02M (7.56%) from €79.6M to €85.7M.

Trade In November 2024, the top exports of Ireland to India were Office machines and automatic data processing... (€19.8M), Essential oils, perfume materials, toilet preparations... (€4.95M), Miscellaneous manufactured articles, n.e.s. (€4.64M), Plastics in primary forms (€3.89M), and Medicinal and pharmaceutical products (€3.6M). In November 2024 the top imports of Ireland from India were Articles of apparel and clothing accessories (€11.3M), Organic chemicals (€10.4M), Rubber manufactures, n.e.s. (€4.41M), Telecommunications and sound recording, reproducing equipment (€3.96M), and Medicinal and pharmaceutical products (€3.49M).

Growth In November 2024, the increase in Ireland's year-by-year exports to India was explained primarily by an increase in product exports in Office machines and automatic data processing... (€15M or 309%), Essential oils, perfume materials, toilet preparations... (€4.32M or 685%), and Medicinal and pharmaceutical products (€2.62M or 269%). In November 2024, the increase in Ireland's year-by-year imports  from India was explained primarily by an increase in product imports  in Telecommunications and sound recording, reproducing equipment (€3.41M or 617%), Sugar, sugar preparations and honey (€3.23M or 40.4k%), and Articles of apparel and clothing accessories (€3.09M or 37.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€9.33M(18.3%)
IMPORT GROWTH (November 2023 - November 2024)€6.02M(7.56%)

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 India and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore India and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $774M to India. The main products exported from Ireland to India were Orthopedic Appliances ($133M), Gas Turbines ($51.9M), and Office Machine Parts ($49.8M). During the last 5 years the exports of Ireland to India have increased at an annualized rate of 9.79%, from $485M in 2018 to $774M in 2023.

In 2018, India exported $1.05B to Ireland. The main products exported from India to Ireland were Vaccines, blood, antisera, toxins and cultures ($69.3M), Nitrogen Heterocyclic Compounds ($57.9M), and Broadcasting Equipment ($44.9M). During the last 5 years the exports of India to Ireland have increased at an annualized rate of 9.08%, from $681M in 2023 to $1.05B in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Ireland than India included Belgium ($18.7B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, countries that imported more from India than Ireland included United Arab Emirates ($28.8B), United States ($85.5B), and Bangladesh ($11.3B).

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

Comparative Advantage Ireland - India

Flow
Scale

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

During 2023, Ireland had a large net trade with India in the exports of Instruments ($253M), Machines ($184M), and Chemical Products ($95.6M).

During 2018, India had a large net trade with Ireland in the exports of Chemical Products ($301M), Textiles ($176M), and Machines ($147M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland India+$243MIntegrated Circuits
Top Product Potential India Ireland+$52.2MNitrogen Heterocyclic Compounds

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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Economic Complexity

Competitive Landscape

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

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

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