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2022
Flag → Flag
Exports $1.75BRnk 19 / 210
2022
Flag → Flag
Top Product $581MTelephones
2022
Flag → Flag
Exports $740MRnk 73 / 217
2022
Flag → Flag
Top Product $40.7MNitrogen Heterocyclic Compounds
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Ireland-India Trade: In 2022, Ireland exported $1.75B to India. The main products that Ireland exported to India were Telephones ($581M), Integrated Circuits ($462M), and Office Machine Parts ($98.2M). Over the past 5 years the exports of Ireland to India have increased at an annualized rate of 26.8%, from $534M in 2017 to $1.75B in 2022.

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 2022, India exported $740M to Ireland. The main products that India exported to Ireland were Nitrogen Heterocyclic Compounds ($40.7M), Oxygen Amino Compounds ($26.1M), and Rubber Tires ($25.2M). Over the past 5 years the exports of India to Ireland have increased at an annualized rate of 4.21%,  from $602M in 2017 to $740M in 2022.

In 2022, India did not export any services to Ireland.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €32.2M and imported €72.4M from India, resulting in a negative trade balance of €40.2M. Between August 2023 and August 2024 the exports of Ireland have decreased by €-7.24M (-18.3%) from €39.5M to €32.2M, while imports decreased by €-32.6M (-31.1%) from €105M to €72.4M.

Trade In August 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 August 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 August 2024, the decrease in Ireland's year-by-year exports to India was explained primarily by an decrease in product exports in Miscellaneous manufactured articles, n.e.s. (€-12.7M or -73.3%), Power generating machinery and equipment (€-7.16M or -99.7%), and Non-metallic mineral manufactures, n.e.s. (€-846k or -87.6%). In August 2024, the decrease in Ireland's year-by-year imports  from India was explained primarily by an decrease in product imports  in Organic chemicals (€-9.49M or -47.7%), Plastics in primary forms (€-3.07M or -95.6%), and Medicinal and pharmaceutical products (€-1.62M or -31.7%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-7.24M(-18.3%)
IMPORT GROWTH (August 2023 - August 2024)€-32.6M(-31.1%)

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 2022, Ireland exported $1.75B to India. The main products exported from Ireland to India were Telephones ($581M), Integrated Circuits ($462M), and Office Machine Parts ($98.2M). During the last 5 years the exports of Ireland to India have increased at an annualized rate of 26.8%, from $534M in 2017 to $1.75B in 2022.

In 2017, India exported $740M to Ireland. The main products exported from India to Ireland were Nitrogen Heterocyclic Compounds ($40.7M), Oxygen Amino Compounds ($26.1M), and Rubber Tires ($25.2M). During the last 5 years the exports of India to Ireland have increased at an annualized rate of 4.21%, from $602M in 2022 to $740M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
India
Top DestinationUnited States$82.9B

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 2022, countries that imported more from Ireland than India included Germany ($28.6B), Belgium ($17B), and United Kingdom ($19B).

In 2022, countries that imported more from India than Ireland included United Arab Emirates ($31.6B), Bangladesh ($13.8B), and United States ($82.9B).

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

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 2022, Ireland had a large net trade with India in the exports of Machines ($1.29B), Plastics and Rubbers ($163M), and Instruments ($109M).

During 2017, India had a large net trade with Ireland in the exports of Chemical Products ($205M), Textiles ($107M), and Metals ($92.7M).

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) (2022)

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