2022
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GDP
$301BCURRENT US$
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GDP GROWTH
68.2%CURRENT US$
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 GDP
$529BCURRENT US$
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GDP GROWTH
135%CURRENT US$
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GDP PC 
$15,892CURRENT US$
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GDP PC GROWTH
77.9%CURRENT US$
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GDP PC
$104,039CURRENT US$
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112%CURRENT US$
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About

Romania-Ireland In 2022, Romania exported $193M to Ireland. The main products that Romania exported to Ireland are Cars ($36.9M), Packaged Medicaments ($12.1M), and Non-Knit Active Wear ($10.6M). During the last 27 years the exports of Romania to Ireland have increased at an annualized rate of 11.7%, from $9.73M in 1995 to $193M in 2022.

In 2020, Romania exported services to Ireland worth $585M, with Other business services ($279M), Computer and information services ($216M), and Travel ($35M) being the largest in terms of value.

Ireland-Romania In 2022, Ireland exported $570M to Romania. The main products that Ireland exported to Romania were Scented Mixtures ($181M), Packaged Medicaments ($123M), and Integrated Circuits ($57.6M). During the last 27 years the exports of Ireland to Romania have increased at an annualized rate of 12.5%, from $23.9M in 1995 to $570M in 2022.

In 2020, Ireland exported services to Romania worth $80M, with Other business services ($35.4M), Insurance services ($28.6M), and Travel ($11.4M) being the largest in terms of value.

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). That same year, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $193M to Ireland. The main products exported from Romania to Ireland were Cars ($36.9M), Packaged Medicaments ($12.1M), and Non-Knit Active Wear ($10.6M). During the last 27 years the exports of Romania to Ireland have increased at an annualized rate of 11.7%, from $9.73M in 1995 to $193M in 2022.

In 2022, Ireland exported $570M to Romania. The main products exported from Ireland to Romania were Scented Mixtures ($181M), Packaged Medicaments ($123M), and Integrated Circuits ($57.6M). During the last 27 years the exports of Ireland to Romania have increased at an annualized rate of 12.5%, from $23.9M in 1995 to $570M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Ireland (Flag)

Romania Exports

Ireland Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Ireland
Top Destination
United States$70.7B

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

In 2021, countries that imported more from Romania than Ireland were Hungary ($6.75B), Italy ($9.55B), and Bulgaria ($3.9B).

In 2021, countries that imported more from Ireland than Romania were United States ($70.7B), United Kingdom ($19B), and China ($16.7B).

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

Comparative Advantage Romania - Ireland

Flow
Scale

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

During 2022, Romania had a large net trade with Ireland in the exports of Textiles ($42M), Transportation ($37.5M), and Machines ($27.8M).

During 2022, Ireland had a large net trade with Romania in the exports of Chemical Products ($348M), Machines ($121M), and Foodstuffs ($26.2M).

Service Trade

Bilateral Service Trade

In 2020, Romania exported services to Ireland worth $585M, with Other business services ($279M), Computer and information services ($216M), and Travel ($35M) being the largest in terms of value.

In 2020, Ireland exported services to Romania worth $80M, with Other business services ($35.4M), Insurance services ($28.6M), and Travel ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Ireland (Flag) (2020)

Services Exports from Ireland (Flag) to Romania (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Romania has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Romania.

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

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