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Trade With Asia 2023

Trade With Asia 2023

China accounted for 40% of all trade with Asia

Online ISSN: 2565-6236
CSO statistical publication, , 11am

Exports to Asia 2023

Ireland exported €22 billion to Asia in 2023. Of this, over 40%, or €8.9 billion went to China. Machinery & Transport Equipment exports to Asia were over €9 billion in 2023, and Chemicals & Related Products accounted for over €7 billion.

There were also €500 million of baby formula exported to Asia in 2023, almost €700 million of contact lenses and €500 million of orthopedic appliances, including artificial joints.

Table 7.1 Exports to Asia by Product 2023

Exports to Asia 2023
China40.547983369422
Japan17.3029600749934
Malaysia6.90721470732823
Saudi Arabia4.1496061999257
South Korea3.79815845348771
Rest of Asia27.2940771948429

Imports From Asia 2023

There were €27.8 billion of goods imported from Asia in 2023, making the continent a larger import partner than the UK. China and Israel were the largest import partners, with €10.8 billion and €3.6 billion respectively. Machinery & Transport Equipment comprised just over half of all imports from Asia at €14.5 billion.

Ireland imported €3.6 billion of clothing and footwear in 2023. Over half of this came from Asia. There was more than €700 million from China, and almost €400 million from Bangladesh, which constituted 96% of our total imports from that country in 2023.

We also imported €466 million of mobile phones, €1.1 billion of digital modems and routers and over €1 billion of oil from Asia in 2023.

Table 7.2 Imports From Asia by Product 2023

Imports from Asia 2023
China38.7122623491552
Israel12.9826287115281
Japan9.21964689488392
South Korea5.19678401265923
Taiwan4.41874904000863
Rest of Asia30