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Trade Balance 2017

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Ireland’s biggest trading surplus in 2017 was with the USA. The value of exports was over twice the value of imports, giving a trading surplus of almost €17 billion with the USA. There was a surplus of almost €12 billion with Belgium, and a surplus of over €5 billion with Switzerland.

The largest trade deficit in 2017 was with France, with over €5 billion of exports and more than €10 billion of imports recorded, giving a trading deficit of €5 billion. This was largely due to trade in aircraft.

X-axis labeldeficitsurplus
United Statesnull16.9155396699854
Belgiumnull11.9392758363129
Switzerlandnull5.60993557637813
Netherlandsnull3.49541804764053
Germanynull3.20900680003815
nullnull
South Korea-0.341062275603233null
India-0.45799504567073null
Norway-0.736567654983241null
UK-2.41302839621799null
France-5.15225240877609null
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In 2017, Ireland exported €35 billion of Medical and pharmaceutical products and imported €8.8 billion, giving a surplus for this product of over €26 billion. There was a surplus of €16 billion in trade in Organic chemicals.

There were almost €17 billion of imports of aircraft in 2017, and over €6 billion of exports, leading to a deficit of over €10.5 billion for this product. This is partly due to the activities of aircraft leasing companies located in Ireland. There was a deficit of over €3 billion in trade in Road vehicles, and of almost €3 billion in trade in Petroleum products.

X-axis labeldeficitsurplus
Medical and pharmaceutical productsnull26.6380324190113
Organic chemicalsnull16.0108570791117
Essential oilsnull6.10333611986153
Professional, scientific and controlling apparatusnull4.30485912889013
Machinery and equipmentnull3.88152544806959
nullnull
Vegetables and fruit-0.953099945920463null
Articles of apparel-1.57983889732092null
Petroleum-2.99038514950042null
Road vehicles-3.24117947006404null
Aircraft-10.64254null

Go to Exports and Imports 2007 to 2017