Italy / Ireland

Italy-Ireland Trade: In 2022, Italy exported $2.97B to Ireland. The main products that Italy exported to Ireland were Jewellery ($541M), Packaged Medicaments ($243M), and Nitrogen Heterocyclic Compounds ($112M). Over the past 5 years the exports of Italy to Ireland have increased at an annualized rate of 3.03%, from $2.56B in 2017 to $2.97B in 2022.

In 2020, Italy exported services to Ireland worth $3.26B, with Financial services ($1.24B), Other business services ($805M), and Computer and information services ($577M) being the largest in terms of value.

Ireland-Italy Trade: In 2022, Ireland exported $5.87B to Italy. The main products that Ireland exported to Italy were Packaged Medicaments ($1.78B), Hormones ($586M), and Broadcasting Equipment ($336M). Over the past 5 years the exports of Ireland to Italy have increased at an annualized rate of 6.11%,  from $4.11B in 2017 to $5.87B in 2022.

In 2020, Ireland exported services to Italy worth $4.37B, with Insurance services ($2.76B), Other business services ($796M), and Financial services ($628M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).