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
$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC 
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Ireland-China Trade: In 2022, Ireland exported $16.7B to China. The main products that Ireland exported to China were Integrated Circuits ($8.24B), Vaccines, blood, antisera, toxins and cultures ($3.39B), and Packaged Medicaments ($751M). Over the past 5 years the exports of Ireland to China have increased at an annualized rate of 23.7%, from $5.77B in 2017 to $16.7B in 2022.

In 2020, Ireland exported services to China worth $2.79B, with Other business services ($2.3B), Insurance services ($326M), and Travel ($99.4M) being the largest in terms of value.

China-Ireland Trade: In 2022, China exported $8.11B to Ireland. The main products that China exported to Ireland were Nitrogen Heterocyclic Compounds ($1.57B), Office Machine Parts ($696M), and Planes, Helicopters, and/or Spacecraft ($593M). Over the past 5 years the exports of China to Ireland have increased at an annualized rate of 18.6%,  from $3.46B in 2017 to $8.11B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $16.7B to China. The main products exported from Ireland to China were Integrated Circuits ($8.24B), Vaccines, blood, antisera, toxins and cultures ($3.39B), and Packaged Medicaments ($751M). During the last 5 years the exports of Ireland to China have increased at an annualized rate of 23.7%, from $5.77B in 2017 to $16.7B in 2022.

In 2017, China exported $8.11B to Ireland. The main products exported from China to Ireland were Nitrogen Heterocyclic Compounds ($1.57B), Office Machine Parts ($696M), and Planes, Helicopters, and/or Spacecraft ($593M). During the last 5 years the exports of China to Ireland have increased at an annualized rate of 18.6%, from $3.46B in 2022 to $8.11B in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
China
Top Destination
United States$551B

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

In 2022, countries that imported more from Ireland than China included Gibraltar ($141M), Saint Barthélemy ($1.13M), and Guam ($744k).

In 2022, countries that imported more from China than Ireland included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Ireland - China

Flow
Scale

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

During 2022, Ireland had a large net trade with China in the exports of Machines ($9.13B), Chemical Products ($5.15B), and Instruments ($728M).

During 2017, China had a large net trade with Ireland in the exports of Machines ($2.8B), Chemical Products ($2.2B), and Transportation ($729M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland China+$411MPackaged Medicaments
Top Product Potential China Ireland+$368MComputers

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

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

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