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Pricing

2022
Flag → Flag
Exports $2.17BRnk 13 / 210
2022
Flag → Flag
Top Product $1.33BScented Mixtures
2022
Flag → Flag
Exports $500MRnk 39 / 156
2022
Flag → Flag
Top Product $155MOrthopedic Appliances
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 127 / 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$11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Ireland-Mexico Trade: In 2022, Ireland exported $2.17B to Mexico. The main products that Ireland exported to Mexico were Scented Mixtures ($1.33B), Casein ($128M), and Orthopedic Appliances ($124M). Over the past 5 years the exports of Ireland to Mexico have increased at an annualized rate of 8.18%, from $1.46B in 2017 to $2.17B in 2022.

In 2020, Ireland exported services to Mexico worth $724M, with Other business services ($670M), Insurance services ($38.8M), and Financial services ($13.7M) being the largest in terms of value.

Mexico-Ireland Trade: In 2022, Mexico exported $500M to Ireland. The main products that Mexico exported to Ireland were Orthopedic Appliances ($155M), Medical Instruments ($108M), and Computers ($66.7M). Over the past 5 years the exports of Mexico to Ireland have increased at an annualized rate of 3.95%,  from $412M in 2017 to $500M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €266M and imported €146M from Mexico, resulting in a positive trade balance of €121M. Between August 2023 and August 2024 the exports of Ireland have decreased by €-1.58M (-0.59%) from €268M to €266M, while imports increased by €57.7M (65.6%) from €87.9M to €146M.

Trade In August 2024, the top exports of Ireland to Mexico were Essential oils, perfume materials, toilet preparations... (€96.8M), Chemical materials and products, n.e.s. (€32.5M), Miscellaneous manufactured articles, n.e.s. (€21.1M), Medicinal and pharmaceutical products (€17.5M), and Professional, scientific and controlling apparatus (€3.92M). In August 2024 the top imports of Ireland from Mexico were Organic chemicals (€514M), Professional, scientific and controlling apparatus (€55.7M), Miscellaneous manufactured articles, n.e.s. (€47.4M), Office machines and automatic data processing... (€4.65M), and Essential oils, perfume materials, toilet preparations... (€4.25M).

Growth In August 2024, the decrease in Ireland's year-by-year exports to Mexico was explained primarily by an decrease in product exports in Professional, scientific and controlling apparatus (€-4.28M or -52.2%), Electrical machinery, appliances etc., n.e.s. (€-1.09M or -90.8%), and Beverages (€-581k or -29.4%). In August 2024, the increase in Ireland's year-by-year imports  from Mexico was explained primarily by an increase in product imports  in Organic chemicals (€514M or 7.34M%), Professional, scientific and controlling apparatus (€47.4M or 569%), and Miscellaneous manufactured articles, n.e.s. (€41.6M or 720%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-1.58M(-0.59%)
IMPORT GROWTH (August 2023 - August 2024)€57.7M(65.6%)

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 Mexico and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mexico and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $2.17B to Mexico. The main products exported from Ireland to Mexico were Scented Mixtures ($1.33B), Casein ($128M), and Orthopedic Appliances ($124M). During the last 5 years the exports of Ireland to Mexico have increased at an annualized rate of 8.18%, from $1.46B in 2017 to $2.17B in 2022.

In 2017, Mexico exported $500M to Ireland. The main products exported from Mexico to Ireland were Orthopedic Appliances ($155M), Medical Instruments ($108M), and Computers ($66.7M). During the last 5 years the exports of Mexico to Ireland have increased at an annualized rate of 3.95%, from $412M in 2022 to $500M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Mexico
Top DestinationUnited States$421B

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

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

In 2022, countries that imported more from Mexico than Ireland included United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

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

Comparative Advantage Ireland - Mexico

Flow
Scale

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

During 2022, Ireland had a large net trade with Mexico in the exports of Chemical Products ($1.84B), Instruments ($192M), and Machines ($47.6M).

During 2017, Mexico had a large net trade with Ireland in the exports of Instruments ($275M), Machines ($125M), and Transportation ($31.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Mexico+$85.1MVaccines, blood, antisera, toxins and cultures
Top Product Potential Mexico Ireland+$72.3MComputers

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

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

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