Ireland’s biggest trading surplus in 2018 was with the USA. The value of exports was over twice the value of imports, giving a trading surplus of over €22 billion with the USA. There was a surplus of €16.6 billion with Belgium, and a surplus of over €5 billion with Switzerland.
The largest trade deficit in 2018 was with France, with over €5 billion of exports and almost €11.5 billion of imports recorded, giving a trading deficit of €6 billion. The deficit was largely due to imports of aircraft.
In 2018, Ireland exported €46 billion of Medical and pharmaceutical products and imported €11 billion, giving a surplus of almost €35 billion for this product. There was a surplus of €23 billion in trade in Organic chemicals.
€22 billion of imports of aircraft were recorded in 2018, and €5 billion of exports, leading to a deficit of €17 billion for this product. This result is partly due to the activities of aircraft leasing companies located in Ireland. There was a deficit of €3.3 billion in trade in Road vehicles, and a deficit of €3.7 billion in trade in Petroleum products.
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