2022
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GDP
$529BCURRENT US$
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GDP GROWTH
135%CURRENT US$
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$4.23TCURRENT US$
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-32.5%CURRENT US$
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$104,039CURRENT US$
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GDP PC GROWTH
112%CURRENT US$
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$33,815CURRENT US$
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-31.2%CURRENT US$
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About

Ireland-Japan Trade: In 2022, Ireland exported $6.24B to Japan. The main products that Ireland exported to Japan were Packaged Medicaments ($1.69B), Vaccines, blood, antisera, toxins and cultures ($1.27B), and Planes, Helicopters, and/or Spacecraft ($670M). Over the past 5 years the exports of Ireland to Japan have increased at an annualized rate of 7.35%, from $4.38B in 2017 to $6.24B in 2022.

In 2020, Ireland exported services to Japan worth $6.81B, with Computer and information services ($6.54B), Financial services ($193M), and Insurance services ($45.7M) being the largest in terms of value.

Japan-Ireland Trade: In 2022, Japan exported $2.58B to Ireland. The main products that Japan exported to Ireland were Machinery Having Individual Functions ($1.2B), Cars ($232M), and Other Measuring Instruments ($122M). Over the past 5 years the exports of Japan to Ireland have increased at an annualized rate of 15.8%,  from $923M in 2017 to $2.58B in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $6.24B to Japan. The main products exported from Ireland to Japan were Packaged Medicaments ($1.69B), Vaccines, blood, antisera, toxins and cultures ($1.27B), and Planes, Helicopters, and/or Spacecraft ($670M). During the last 5 years the exports of Ireland to Japan have increased at an annualized rate of 7.35%, from $4.38B in 2017 to $6.24B in 2022.

In 2017, Japan exported $2.58B to Ireland. The main products exported from Japan to Ireland were Machinery Having Individual Functions ($1.2B), Cars ($232M), and Other Measuring Instruments ($122M). During the last 5 years the exports of Japan to Ireland have increased at an annualized rate of 15.8%, from $923M in 2022 to $2.58B in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Japan
Top Destination
United States$137B

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

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

In 2022, countries that imported more from Japan than Ireland included China ($135B), United States ($137B), and South Korea ($50.8B).

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

Comparative Advantage Ireland - Japan

Flow
Scale

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

During 2022, Ireland had a large net trade with Japan in the exports of Chemical Products ($3.48B), Instruments ($1.21B), and Transportation ($671M).

During 2017, Japan had a large net trade with Ireland in the exports of Machines ($1.49B), Chemical Products ($342M), and Transportation ($326M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Japan+$137MVaccines, blood, antisera, toxins and cultures
Top Product Potential Japan Ireland+$118MCars

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

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

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