2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
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 GDP
$405BCURRENT US$
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2013-2023
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GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
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GDP PC 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
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GDP PC
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
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GDP PC GROWTH
-28.2%CURRENT US$
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About

Ireland-Iran Trade: In 2023, Ireland exported $53.2M to Iran. The main products that Ireland exported to Iran were Scented Mixtures ($17.9M), Industrial Fatty Acids, Oils and Alcohols ($17.8M), and Special Pharmaceuticals ($6.79M). Over the past 5 years the exports of Ireland to Iran have decreased at an annualized rate of 21.4%, from $178M in 2018 to $53.2M in 2023.

In 2003, Ireland exported services to Iran worth $3.79M, with Insurance services ($3.79M) being the largest in terms of value.

Iran-Ireland Trade: In 2023, Iran exported $1.6M to Ireland. The main products that Iran exported to Ireland were Processed Fish ($439k), Electrical Control Boards ($146k), and Office Machine Parts ($104k). Over the past 5 years the exports of Iran to Ireland have decreased at an annualized rate of 18.9%,  from $4.55M in 2018 to $1.6M in 2023.

In 2023, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $53.2M to Iran. The main products exported from Ireland to Iran were Scented Mixtures ($17.9M), Industrial Fatty Acids, Oils and Alcohols ($17.8M), and Special Pharmaceuticals ($6.79M). During the last 5 years the exports of Ireland to Iran have decreased at an annualized rate of 21.4%, from $178M in 2018 to $53.2M in 2023.

In 2018, Iran exported $1.6M to Ireland. The main products exported from Iran to Ireland were Processed Fish ($439k), Electrical Control Boards ($146k), and Office Machine Parts ($104k). During the last 5 years the exports of Iran to Ireland have decreased at an annualized rate of 18.9%, from $4.55M in 2023 to $1.6M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Iran
Top Destination
China$4.59B

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

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

In 2023, countries that imported more from Iran than Ireland included Turkey ($2.18B), Pakistan ($943M), and Armenia ($597M).

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

Comparative Advantage Ireland - Iran

Flow
Scale

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

During 2023, Ireland had a large net trade with Iran in the exports of N/A.

During 2018, Iran had a large net trade with Ireland in the exports of Foodstuffs ($512k), Machines ($473k), and Plastics and Rubbers ($212k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Iran+$10.5MPackaged Medicaments
Top Product Potential Iran Ireland+$172kPlastic Pipes

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 Iran. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Ireland.

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

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