Ireland’s biggest trading surplus in 2019 was with the USA. The value of exports was over three times the value of imports, giving a trading surplus of almost €33 billion with the USA. There was a surplus of €13.9 billion with Belgium, and a surplus of over €6 billion with Germany.
The largest trade deficit in 2019 was with France, with €5.4 billion of exports and €12.3 billion of imports recorded, giving a trading deficit of almost €7 billion. The deficit was largely due to imports of aircraft.
| X-axis label | Deficit | surplus |
|---|---|---|
| USA | 0 | 32.935552034906 |
| Belgium | 0 | 13.849807015354 |
| Germany | 0 | 6.12081149212945 |
| Netherlands | 0 | 5.51547789523462 |
| Switzerland | 0 | 3.37100311935528 |
| 0 | 0 | |
| Bermuda | -0.388546413779281 | 0 |
| South Korea | -0.421195793336811 | 0 |
| Malaysia | -0.798724354220612 | 0 |
| UK | -4.59971309201038 | 0 |
| France | -6.86398534835818 | 0 |
In 2019, Ireland exported €49.5 billion of Medical and pharmaceutical products, which represents 32% of total exports. There were €30 billion of exports of Organic chemicals.
€21 billion of imports of Aircraft were recorded in 2019, which is 24% of the total value of imports. This result is partly due to the activities of aircraft leasing companies located in Ireland.
| X-axis label | export | import |
|---|---|---|
| Petroleum, petroleum products and related materials | 0 | 4.31658378450126 |
| Organic chemicals | 0 | 4.81408961127714 |
| Office machines and automatic data processing machines (including computers) | 0 | 5.21130757091975 |
| Medical and pharmaceutical products | 0 | 7.14277338106451 |
| Other transport equipment (including aircraft) | 0 | 21.4704568341819 |
| 0 | 0 | |
| Miscellaneous manufactured articles nes | 7.44576331078789 | 0 |
| Essential oils; perfume materials; toilet and cleansing preparations | 7.89679053758536 | 0 |
| Electrical machinery, apparatus and appliances nes and parts | 8.42123890356802 | 0 |
| Organic chemicals | 30.0438955812798 | 0 |
| Medical and pharmaceutical products | 49.5214663298183 | 0 |
| Table 3.1 Top five exports and imports by product 2019 | |||
| SITC | Product | ||
| Exports | €million | % of total exports | |
| 54 | Medical and pharmaceutical products | 49,521 | 32 |
| 51 | Organic chemicals | 30,044 | 20 |
| 77 | Electrical machinery, apparatus and appliances nes and parts | 8,421 | 6 |
| 55 | Essential oils; perfume materials; toilet and cleansing preparations | 7,897 | 5 |
| 89 | Miscellaneous manufactured articles nes | 7,446 | 5 |
| Imports | €million | % of total imports | |
| 79 | Other transport equipment (including aircraft) | 21,470 | 24 |
| 54 | Medical and pharmaceutical products | 7,143 | 8 |
| 75 | Office machines and automatic data processing machines (including computers) | 5,211 | 6 |
| 51 | Organic chemicals | 4,814 | 5 |
| 33 | Petroleum, petroleum products and related materials | 4,317 | 5 |
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