2022
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GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
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 GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

Ireland-Saudi Arabia Trade: In 2022, Ireland exported $901M to Saudi Arabia. The main products that Ireland exported to Saudi Arabia were Scented Mixtures ($333M), Packaged Medicaments ($159M), and Vaccines, blood, antisera, toxins and cultures ($95.2M). Over the past 5 years the exports of Ireland to Saudi Arabia have decreased at an annualized rate of 3.09%, from $1.05B in 2017 to $901M in 2022.

In 2022, Ireland did not export any services to Saudi Arabia.

Saudi Arabia-Ireland Trade: In 2022, Saudi Arabia exported $83.8M to Ireland. The main products that Saudi Arabia exported to Ireland were Refined Petroleum ($50.2M), Aluminium Plating ($8.73M), and Jewellery ($7.1M). Over the past 5 years the exports of Saudi Arabia to Ireland have increased at an annualized rate of 48%,  from $11.8M in 2017 to $83.8M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $901M to Saudi Arabia. The main products exported from Ireland to Saudi Arabia were Scented Mixtures ($333M), Packaged Medicaments ($159M), and Vaccines, blood, antisera, toxins and cultures ($95.2M). During the last 5 years the exports of Ireland to Saudi Arabia have decreased at an annualized rate of 3.09%, from $1.05B in 2017 to $901M in 2022.

In 2017, Saudi Arabia exported $83.8M to Ireland. The main products exported from Saudi Arabia to Ireland were Refined Petroleum ($50.2M), Aluminium Plating ($8.73M), and Jewellery ($7.1M). During the last 5 years the exports of Saudi Arabia to Ireland have increased at an annualized rate of 48%, from $11.8M in 2022 to $83.8M in 2017.

Exports from Ireland (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Saudi Arabia
Top Destination
China$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Ireland included China ($68B), India ($46.2B), and South Korea ($36B).

Difference in imports from Saudi Arabia (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - Saudi Arabia

Flow
Scale

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

During 2022, Ireland had a large net trade with Saudi Arabia in the exports of Chemical Products ($633M), Machines ($117M), and Foodstuffs ($49.2M).

During 2017, Saudi Arabia had a large net trade with Ireland in the exports of Mineral Products ($50.3M), Plastics and Rubbers ($12.2M), and Metals ($9.07M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Saudi Arabia+$76.6MPackaged Medicaments
Top Product Potential Saudi Arabia Ireland+$56.4MRefined Petroleum

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

Product Space of Ireland (Flag) and Saudi Arabia (Flag) (2022)

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