2022
Flag  
GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 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
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Ireland-Ukraine Trade: In 2022, Ireland exported $115M to Ukraine. The main products that Ireland exported to Ukraine were Packaged Medicaments ($32.5M), Vaccines, blood, antisera, toxins and cultures ($21.6M), and Hard Liquor ($10.6M). Over the past 5 years the exports of Ireland to Ukraine have increased at an annualized rate of 3.43%, from $97.6M in 2017 to $115M in 2022.

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

Ukraine-Ireland Trade: In 2022, Ukraine exported $53.1M to Ireland. The main products that Ukraine exported to Ireland were Corn ($38.6M), Precious Stone Dust ($859k), and Hot-Rolled Iron ($849k). Over the past 5 years the exports of Ukraine to Ireland have decreased at an annualized rate of 3.4%,  from $63.2M in 2017 to $53.1M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $115M to Ukraine. The main products exported from Ireland to Ukraine were Packaged Medicaments ($32.5M), Vaccines, blood, antisera, toxins and cultures ($21.6M), and Hard Liquor ($10.6M). During the last 5 years the exports of Ireland to Ukraine have increased at an annualized rate of 3.43%, from $97.6M in 2017 to $115M in 2022.

In 2017, Ukraine exported $53.1M to Ireland. The main products exported from Ukraine to Ireland were Corn ($38.6M), Precious Stone Dust ($859k), and Hot-Rolled Iron ($849k). During the last 5 years the exports of Ukraine to Ireland have decreased at an annualized rate of 3.4%, from $63.2M in 2022 to $53.1M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Ukraine
Top Destination
Poland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Ireland included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Ireland - Ukraine

Flow
Scale

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

During 2022, Ireland had a large net trade with Ukraine in the exports of Chemical Products ($65.9M), Foodstuffs ($13M), and Machines ($11.9M).

During 2017, Ukraine had a large net trade with Ireland in the exports of Vegetable Products ($38.8M), Machines ($2.64M), and Textiles ($2.05M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Ukraine+$18MPackaged Medicaments
Top Product Potential Ukraine Ireland+$12.6MCorn

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

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

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