2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Netherlands-Ireland Trade: In 2022, Netherlands exported $7.03B to Ireland. The main products that Netherlands exported to Ireland were Computers ($494M), Packaged Medicaments ($311M), and Refined Petroleum ($302M). Over the past 5 years the exports of Netherlands to Ireland have increased at an annualized rate of 12.5%, from $3.89B in 2017 to $7.03B in 2022.

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 2022, Ireland exported $12.6B to Netherlands. The main products that Ireland exported to Netherlands were Medical Instruments ($2.28B), Vaccines, blood, antisera, toxins and cultures ($2.04B), and Packaged Medicaments ($1.26B). Over the past 5 years the exports of Ireland to Netherlands have increased at an annualized rate of 14.1%,  from $6.51B in 2017 to $12.6B in 2022.

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 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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
Value

In 2022, Netherlands exported $7.03B to Ireland. The main products exported from Netherlands to Ireland were Computers ($494M), Packaged Medicaments ($311M), and Refined Petroleum ($302M). During the last 5 years the exports of Netherlands to Ireland have increased at an annualized rate of 12.5%, from $3.89B in 2017 to $7.03B in 2022.

In 2017, Ireland exported $12.6B to Netherlands. The main products exported from Ireland to Netherlands were Medical Instruments ($2.28B), Vaccines, blood, antisera, toxins and cultures ($2.04B), and Packaged Medicaments ($1.26B). During the last 5 years the exports of Ireland to Netherlands have increased at an annualized rate of 14.1%, from $6.51B in 2022 to $12.6B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Ireland
Top Destination
United States$70.7B

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 2022, countries that imported more from Netherlands than Ireland included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Ireland than Netherlands included United States ($70.7B), China ($16.7B), and Japan ($6.24B).

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

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 2022, Netherlands had a large net trade with Ireland in the exports of Machines ($1.66B), Chemical Products ($1.22B), and Foodstuffs ($649M).

During 2017, Ireland had a large net trade with Netherlands in the exports of Chemical Products ($4.76B), Instruments ($3.91B), and Machines ($1.63B).

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) (2022)

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