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Trade between Ireland and Spain

In 2024, Ireland exported $4.2 billion to Spain and imported $3.2 billion. Ireland ran a surplus of $933 million with Spain, compared with a surplus of $1.5 billion in 2019. Spain was Ireland’s 10th largest trading partner (2% of its trade), and Ireland was Spain’s 20th (0.9%).

Summary

Ireland → Spain
$4.2billion
Spain → Ireland
$3.2billion
Ireland’s balance
$933million

Balance

Ireland’s trade balance with Spain

Trade between Ireland and Spain grew 4.7-fold since 1995

USD billions (current). Ireland’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 4.2
  • Imports 3.2
  • Balance +0.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.2 billion$374 million$831 million
1996$1.3 billion$571 million$688 million
1997$1.6 billion$500 million$1.1 billion
1998$1.9 billion$600 million$1.3 billion
1999$1.9 billion$729 million$1.2 billion
2000$2 billion$886 million$1.2 billion
2001$1.9 billion$772 million$1.2 billion
2002$2.1 billion$799 million$1.3 billion
2003$3.2 billion$887 million$2.3 billion
2004$3.5 billion$1.1 billion$2.4 billion
2005$3.9 billion$1.1 billion$2.8 billion
2006$4.5 billion$1.4 billion$3.2 billion
2007$5.1 billion$1.5 billion$3.6 billion
2008$6.4 billion$1.4 billion$4.9 billion
2009$6 billion$867 million$5.1 billion
2010$4.5 billion$980 million$3.5 billion
2011$4.4 billion$999 million$3.4 billion
2012$3.6 billion$904 million$2.7 billion
2013$4.2 billion$1.1 billion$3 billion
2014$3.5 billion$1.3 billion$2.1 billion
2015$3.6 billion$1.4 billion$2.1 billion
2016$3.2 billion$1.9 billion$1.4 billion
2017$3.3 billion$1.6 billion$1.7 billion
2018$3.5 billion$1.8 billion$1.7 billion
2019$3.2 billion$1.7 billion$1.5 billion
2020$3.3 billion$2.1 billion$1.2 billion
2021$3.4 billion$2.3 billion$1.1 billion
2022$4.1 billion$2.9 billion$1.2 billion
2023$3.6 billion$3.7 billion-$118 million
2024$4.2 billion$3.2 billion$933 million

What they sell each other

What Ireland sells to Spain

The top 10 headings in 2024, with their share of the total.

  1. Industrial fatty acids and oils$435 million · 10.4%
    5 thousand tonnes
  2. Fragrance mixtures$409 million · 9.8%
    5 thousand tonnes
  3. Cameras and broadcast equipment$407 million · 9.7%
    418 tonnes
  4. Medicines in measured doses or retail packs$359 million · 8.6%
    4 thousand tonnes · Ireland’s destinations
  5. Airplanes and helicopters$336 million · 8%
    249 tonnes · Ireland’s destinations
  6. Vaccines, blood and antisera$240 million · 5.7%
    3 thousand tonnes · Ireland’s destinations
  7. Other iron or steel articles$232 million · 5.6%
    3 thousand tonnes
  8. Aircraft parts$152 million · 3.6%
    241 tonnes
  9. Turbojets and gas turbines$89 million · 2.1%
    24 tonnes · Spain’s sources
  10. Orthopedic and hearing devices$76 million · 1.8%
    258 tonnes

What Spain sells to Ireland

The top 10 headings in 2024, with their share of the total.

  1. Vaccines, blood and antisera$502 million · 15.5%
    3 thousand tonnes · Spain’s destinations
  2. Airplanes and helicopters$407 million · 12.5%
    583 tonnes · Spain’s destinations
  3. Nucleic acids and other heterocycles$339 million · 10.4%
    24 tonnes
  4. Cars$172 million · 5.3%
    11 thousand tonnes · Spain’s destinations
  5. Nitrogen heterocyclic compounds$59 million · 1.8%
    43 tonnes
  6. Medicines in measured doses or retail packs$58 million · 1.8%
    939 tonnes · Spain’s destinations
  7. Women's suits and dresses$45 million · 1.4%
    1 thousand tonnes
  8. Steel angles and sections$43 million · 1.3%
    61 thousand tonnes
  9. Bulk medicines$41 million · 1.3%
    152 tonnes
  10. Trucks$38 million · 1.2%
    4 thousand tonnes · Spain’s destinations

How it travels

Estimated sea route from Dublin to Valencia.

The estimated sea route between Dublin and Valencia is 1,636 nautical miles (3,030 km) long: ≈ 4–5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.5 billion · 34.3%
  2. Air$4.9 billion · 65.7%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Spain was Ireland’s 10th largest trading partner (2% of its trade), and Ireland was Spain’s 20th (0.9%).

Spain in Ireland’s trade
1.9%
Spain’s rank among Ireland’s partners
10th
Ireland in Spain’s trade
0.9%
Ireland’s rank among Spain’s partners
20th

Compare with

Other partners of Ireland

Other partners of Spain

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.