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2022
Flag → Flag
Exports $1.46BRnk 13 / 210
2022
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Top Product $1.33BScented Mixtures
2022
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Exports $412MRnk 39 / 156
2022
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Top Product $155MOrthopedic Appliances
2022
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Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
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Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
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GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
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GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
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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 $1.46B 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 47.5%, from $210M in 2017 to $1.46B 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 $412M 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 31.3%,  from $106M in 2017 to $412M 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

March, 2024

About

Overview In March 2024, Ireland exported €261M and imported €130M from Mexico, resulting in a positive trade balance of €131M. Between March 2023 and March 2024 the exports of Ireland have increased by €59.1M (29.3%) from €202M to €261M, while imports increased by €50.6M (63.6%) from €79.5M to €130M.

Trade In March 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 March 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 March 2024, the increase in Ireland's year-by-year exports to Mexico was explained primarily by an increase in product exports in Essential oils, perfume materials, toilet preparations... (€38.6M or 66.5%), Chemical materials and products, n.e.s. (€5.92M or 22.2%), and Medicinal and pharmaceutical products (€3.64M or 26.2%). In March 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

Flow
Time Scale
Value
EXPORT GROWTH (March 2023 - March 2024)€59.1M(29.3%)
IMPORT GROWTH (March 2023 - March 2024)€50.6M(63.6%)

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $1.46B 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 47.5%, from $210M in 2017 to $1.46B in 2022.

In 2017, Mexico exported $412M to Ireland. The main products exported from Mexico to Ireland were Orthopedic Appliances ($155M), Medical Instruments ($108M), and Computers ($66.7M). During the last 22 years the exports of Mexico to Ireland have increased at an annualized rate of 31.3%, from $106M in 1995 to $412M 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).

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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