Mexico (MEX) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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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.

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.

Comparison: In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $500M in 2022.

In 2017, 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 2022 to $2.17B in 2017.

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

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

Latest Data

Trade between Mexico () and Ireland ()

Mexico Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Ireland
Top DestinationUnited States$70.7B

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

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

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

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

Comparative Advantage Mexico - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Ireland in the exports of Instruments ($275M), Machines ($125M), and Transportation ($31.6M).

During 2017, Ireland had a large net trade with Mexico in the exports of Chemical Products ($1.84B), Instruments ($192M), and Machines ($47.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Ireland+$72.3MComputers

Top Product Potential Ireland Mexico+$85.1MVaccines, blood, antisera, toxins and cultures

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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Bilateral Service Trade

Irl Year

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.

Service trade data is presented based on availability.

Services Exports from Ireland () to Mexico () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Mexico and Ireland. This means that a dot/product with the flag of Mexico indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Mexico () and Ireland ()

Mexico Exports

Ireland Exports

Market Competitiveness

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

Comparative Advantage Mexico - Ireland

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Ireland () to Mexico () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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