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Pricing

2022
Flag → Flag
Exports $1.02BRnk 23 / 210
2022
Flag → Flag
Top Product $176MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $1.19BRnk 45 / 219
2022
Flag → Flag
Top Product $125MCars
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Ireland-Turkey Trade: In 2022, Ireland exported $1.02B to Turkey. The main products that Ireland exported to Turkey were Vaccines, blood, antisera, toxins and cultures ($176M), Scented Mixtures ($123M), and Packaged Medicaments ($117M). Over the past 5 years the exports of Ireland to Turkey have increased at an annualized rate of 2.44%, from $905M in 2017 to $1.02B in 2022.

In 2020, Ireland exported services to Turkey worth $302M, with Other business services ($254M), Financial services ($18.3M), and Royalties and license fees ($13.7M) being the largest in terms of value.

Turkey-Ireland Trade: In 2022, Turkey exported $1.19B to Ireland. The main products that Turkey exported to Ireland were Cars ($125M), Insulated Wire ($106M), and Delivery Trucks ($73.1M). Over the past 5 years the exports of Turkey to Ireland have increased at an annualized rate of 15.6%,  from $577M in 2017 to $1.19B in 2022.

In 2009, Turkey exported services to Ireland worth $0, with being the largest in terms of value.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €55.1M and imported €105M from Turkey, resulting in a negative trade balance of €49.7M. Between August 2023 and August 2024 the exports of Ireland have decreased by €-47.4M (-46.2%) from €103M to €55.1M, while imports increased by €19M (22.1%) from €85.8M to €105M.

Trade In August 2024, the top exports of Ireland to Turkey were Medicinal and pharmaceutical products (€14.2M), General industrial machinery and parts, n.e.s. (€13.3M), Essential oils, perfume materials, toilet preparations... (€6.07M), Miscellaneous manufactured articles, n.e.s. (€4.55M), and Dairy products and birds eggs (€2.77M). In August 2024 the top imports of Ireland from Turkey were Road vehicles (€20.2M), Electrical machinery, appliances etc., n.e.s. (€19.8M), Articles of apparel and clothing accessories (€13.7M), Manufactures of metal, n.e.s. (€7.31M), and Petroleum, petroleum products and related materials (€5.5M).

Growth In August 2024, the decrease in Ireland's year-by-year exports to Turkey was explained primarily by an decrease in product exports in Medicinal and pharmaceutical products (€-6.05M or -29.9%), Essential oils, perfume materials, toilet preparations... (€-2.22M or -26.8%), and Organic chemicals (€-2.03M or -64.6%). In August 2024, the increase in Ireland's year-by-year imports  from Turkey was explained primarily by an increase in product imports  in Manufactures of metal, n.e.s. (€4.83M or 194%), Electrical machinery, appliances etc., n.e.s. (€4.61M or 30.4%), and Power generating machinery and equipment (€3.01M or 711%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-47.4M(-46.2%)
IMPORT GROWTH (August 2023 - August 2024)€19M(22.1%)

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 Turkey and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkey and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $1.02B to Turkey. The main products exported from Ireland to Turkey were Vaccines, blood, antisera, toxins and cultures ($176M), Scented Mixtures ($123M), and Packaged Medicaments ($117M). During the last 5 years the exports of Ireland to Turkey have increased at an annualized rate of 2.44%, from $905M in 2017 to $1.02B in 2022.

In 2017, Turkey exported $1.19B to Ireland. The main products exported from Turkey to Ireland were Cars ($125M), Insulated Wire ($106M), and Delivery Trucks ($73.1M). During the last 5 years the exports of Turkey to Ireland have increased at an annualized rate of 15.6%, from $577M in 2022 to $1.19B in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Turkey
Top DestinationGermany$21.9B

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

In 2022, countries that imported more from Ireland than Turkey included United States ($70.7B), China ($16.7B), and Belgium ($17B).

In 2022, countries that imported more from Turkey than Ireland included Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

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

Comparative Advantage Ireland - Turkey

Flow
Scale

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

During 2022, Ireland had a large net trade with Turkey in the exports of Chemical Products ($573M), Machines ($123M), and Instruments ($93.5M).

During 2017, Turkey had a large net trade with Ireland in the exports of Transportation ($280M), Machines ($279M), and Metals ($164M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Turkey+$107MVaccines, blood, antisera, toxins and cultures
Top Product Potential Turkey Ireland+$46.9MCars

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

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

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