2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Ireland-Iran Trade: In 2022, Ireland exported $52.1M to Iran. The main products that Ireland exported to Iran were Special Pharmaceuticals ($21M), Scented Mixtures ($12.3M), and Industrial Fatty Acids, Oils and Alcohols ($10.9M). Over the past 5 years the exports of Ireland to Iran have decreased at an annualized rate of 22.6%, from $187M in 2017 to $52.1M in 2022.

In 2003, Ireland exported services to Iran worth $3.79M, with Insurance services ($3.79M) being the largest in terms of value.

Iran-Ireland Trade: In 2022, Iran exported $904k to Ireland. The main products that Iran exported to Ireland were Knotted Carpets ($187k), Plastic Pipes ($112k), and Other Processed Fruits and Nuts ($96.3k). Over the past 5 years the exports of Iran to Ireland have decreased at an annualized rate of 24.1%,  from $3.58M in 2017 to $904k in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $52.1M to Iran. The main products exported from Ireland to Iran were Special Pharmaceuticals ($21M), Scented Mixtures ($12.3M), and Industrial Fatty Acids, Oils and Alcohols ($10.9M). During the last 5 years the exports of Ireland to Iran have decreased at an annualized rate of 22.6%, from $187M in 2017 to $52.1M in 2022.

In 2017, Iran exported $904k to Ireland. The main products exported from Iran to Ireland were Knotted Carpets ($187k), Plastic Pipes ($112k), and Other Processed Fruits and Nuts ($96.3k). During the last 5 years the exports of Iran to Ireland have decreased at an annualized rate of 24.1%, from $3.58M in 2022 to $904k in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Iran
Top Destination
China$5.72B

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

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

In 2022, countries that imported more from Iran than Ireland included Turkey ($3.17B), Pakistan ($762M), and Armenia ($557M).

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

Comparative Advantage Ireland - Iran

Flow
Scale

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

During 2022, Ireland had a large net trade with Iran in the exports of Chemical Products ($49.9M), Instruments ($1.01M), and Foodstuffs ($678k).

During 2017, Iran had a large net trade with Ireland in the exports of Textiles ($262k), Plastics and Rubbers ($155k), and Vegetable Products ($136k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Iran+$10.5MPackaged Medicaments
Top Product Potential Iran Ireland+$172kPlastic Pipes

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 Iran. This means that a dot/product with the flag of Ireland indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Ireland.

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

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