2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Netherlands-Ireland Trade: In 2023, Netherlands exported $6.65B to Ireland. The main products that Netherlands exported to Ireland were Refined Petroleum ($824M), Machinery Having Individual Functions ($738M), and Vaccines, blood, antisera, toxins and cultures ($408M). Over the past 5 years the exports of Netherlands to Ireland have increased at an annualized rate of 12.3%, from $3.72B in 2018 to $6.65B in 2023.

In 2020, Netherlands exported services to Ireland worth $13.8B, with Computer and information services ($5.95B), Other business services ($3.36B), and Royalties and license fees ($2.26B) being the largest in terms of value.

Ireland-Netherlands Trade: In 2023, Ireland exported $13.4B to Netherlands. The main products that Ireland exported to Netherlands were Medical Instruments ($2.57B), Packaged Medicaments ($1.42B), and Industrial Fatty Acids, Oils and Alcohols ($1.34B). Over the past 5 years the exports of Ireland to Netherlands have increased at an annualized rate of 10.4%,  from $8.18B in 2018 to $13.4B in 2023.

In 2020, Ireland exported services to Netherlands worth $2.66B, with Financial services ($1.28B), Other business services ($1.1B), and Insurance services ($168M) being the largest in terms of value.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $6.65B to Ireland. The main products exported from Netherlands to Ireland were Refined Petroleum ($824M), Machinery Having Individual Functions ($738M), and Vaccines, blood, antisera, toxins and cultures ($408M). During the last 5 years the exports of Netherlands to Ireland have increased at an annualized rate of 12.3%, from $3.72B in 2018 to $6.65B in 2023.

In 2018, Ireland exported $13.4B to Netherlands. The main products exported from Ireland to Netherlands were Medical Instruments ($2.57B), Packaged Medicaments ($1.42B), and Industrial Fatty Acids, Oils and Alcohols ($1.34B). During the last 5 years the exports of Ireland to Netherlands have increased at an annualized rate of 10.4%, from $8.18B in 2023 to $13.4B in 2018.

Exports from Netherlands (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Ireland
Top Destination
United States$67.4B

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

In 2023, countries that imported more from Netherlands than Ireland included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Ireland than Netherlands included United States ($67.4B), Malaysia ($3.31B), and Japan ($6.61B).

Difference in imports from Ireland (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Ireland

Flow
Scale

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

During 2023, Netherlands had a large net trade with Ireland in the exports of Machines ($1.49B), Chemical Products ($1.28B), and Mineral Products ($879M).

During 2018, Ireland had a large net trade with Netherlands in the exports of Chemical Products ($4.45B), Instruments ($4.21B), and Machines ($2.51B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Ireland+$166MRefined Petroleum
Top Product Potential Ireland Netherlands+$237MVaccines, 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

In 2020, Netherlands exported services to Ireland worth $13.8B, with Computer and information services ($5.95B), Other business services ($3.36B), and Royalties and license fees ($2.26B) being the largest in terms of value.

In 2020, Ireland exported services to Netherlands worth $2.66B, with Financial services ($1.28B), Other business services ($1.1B), and Insurance services ($168M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Ireland (Flag) (2020)

Services Exports from Ireland (Flag) to Netherlands (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and Ireland (Flag) (2023)

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