Ireland-South Korea Trade: In 2023, Ireland exported $909M to South Korea. The main products that Ireland exported to South Korea were Packaged Medicaments ($193M), Vaccines, blood, antisera, toxins and cultures ($138M), and Jewellery ($99.4M). Over the past 5 years the exports of Ireland to South Korea have decreased at an annualized rate of 5.6%, from $1.21B in 2018 to $909M in 2023.
In 2020, Ireland exported services to South Korea worth $811M, with Other business services ($730M), Royalties and license fees ($36.6M), and Financial services ($30.8M) being the largest in terms of value.
South Korea-Ireland Trade: In 2023, South Korea exported $1.54B to Ireland. The main products that South Korea exported to Ireland were Cars ($446M), Office Machine Parts ($281M), and Machinery Having Individual Functions ($153M). Over the past 5 years the exports of South Korea to Ireland have increased at an annualized rate of 10.1%, from $952M in 2018 to $1.54B in 2023.
In 2023, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).