2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
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GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Ireland-Indonesia Trade: In 2022, Ireland exported $153M to Indonesia. The main products that Ireland exported to Indonesia were Vaccines, blood, antisera, toxins and cultures ($21.4M), Packaged Medicaments ($17.5M), and Malt Extract ($17M). Over the past 5 years the exports of Ireland to Indonesia have increased at an annualized rate of 5.65%, from $116M in 2017 to $153M in 2022.

In 2020, Ireland exported services to Indonesia worth $552M, with Other business services ($547M) and Insurance services ($4.57M) being the largest in terms of value.

Indonesia-Ireland Trade: In 2022, Indonesia exported $218M to Ireland. The main products that Indonesia exported to Ireland were Computers ($33.5M), Other Vegetable Residues ($25.9M), and Polyacetals ($14.7M). Over the past 5 years the exports of Indonesia to Ireland have increased at an annualized rate of 10%,  from $123M in 2017 to $218M in 2022.

In 2022, Indonesia did not export any services to Ireland.

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $153M to Indonesia. The main products exported from Ireland to Indonesia were Vaccines, blood, antisera, toxins and cultures ($21.4M), Packaged Medicaments ($17.5M), and Malt Extract ($17M). During the last 5 years the exports of Ireland to Indonesia have increased at an annualized rate of 5.65%, from $116M in 2017 to $153M in 2022.

In 2017, Indonesia exported $218M to Ireland. The main products exported from Indonesia to Ireland were Computers ($33.5M), Other Vegetable Residues ($25.9M), and Polyacetals ($14.7M). During the last 5 years the exports of Indonesia to Ireland have increased at an annualized rate of 10%, from $123M in 2022 to $218M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Ireland than Indonesia included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Indonesia than Ireland included China ($67.7B), India ($25.3B), and Japan ($26.6B).

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

Comparative Advantage Ireland - Indonesia

Flow
Scale

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

During 2022, Ireland had a large net trade with Indonesia in the exports of Chemical Products ($68.6M), Instruments ($19.8M), and Foodstuffs ($18.1M).

During 2017, Indonesia had a large net trade with Ireland in the exports of Machines ($52.6M), Foodstuffs ($27.6M), and Footwear and Headwear ($23.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Indonesia+$26.9MVaccines, blood, antisera, toxins and cultures
Top Product Potential Indonesia Ireland+$11.3MComputers

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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Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Indonesia (Flag) (2022)

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