South Korea-Ireland Trade: In 2022, South Korea exported $1.18B to Ireland. The main products that South Korea exported to Ireland were Cars ($274M), Blank Audio Media ($224M), and Office Machine Parts ($130M). Over the past 5 years the exports of South Korea to Ireland have increased at an annualized rate of 6.81%, from $848M in 2017 to $1.18B in 2022.
In 2022, South Korea did not export any services to Ireland.
Ireland-South Korea Trade: In 2022, Ireland exported $1.3B to South Korea. The main products that Ireland exported to South Korea were Packaged Medicaments ($316M), Vaccines, blood, antisera, toxins and cultures ($240M), and Orthopedic Appliances ($197M). Over the past 5 years the exports of Ireland to South Korea have increased at an annualized rate of 4.19%, from $1.06B in 2017 to $1.3B in 2022.
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.
Comparison: In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).