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.
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.
|Petroleum, petroleum products and related materials||0||4.31658378450126|
|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|
|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|
|Medical and pharmaceutical products||49.5214663298183||0|
|Table 3.1 Top five exports and imports by product 2019|
|Exports||€million||% of total exports|
|54||Medical and pharmaceutical products||49,521||32|
|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|
|33||Petroleum, petroleum products and related materials||4,317||5|