Ireland

📊 Overview

Ireland stands as the world's #30 largest exporter and #36 largest importer, demonstrating substantial regional trade importance.

The trade profile reveals a robust surplus of 99.96 billion, indicating strong export competitiveness.

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $30.52B, generating continuous economic activity across logistics, finance, and trade services.

🚢 Export Markets

Export concentration shows USA as the dominant market at 26.9%. The top three markets control 47.1% of exports.

Regional patterns reveal European market focus. Secondary markets (Netherlands, France, Italy) provide $41.69B in additional trade.

📦 Import Sources

Ireland relies heavily on United Kingdom for imports (22.7%),creating supply chain concentration risk.

Manufacturing inputs come primarily from China, Rep. of Korea, reflecting deep integration into Asian production networks. China's dominant position at 8.07 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 22.36 billion (16.8%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 76.3% of total imports, with the remaining 24% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including Germany (10.48B), Netherlands (7.78B), France (7.73B) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with emerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

📦 Product Composition

🚀 Export Products

Ireland's export economy centers on diversified industrial production, with the leading export being consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail saleat $29.42 billion, accounting for 12.6% of total exports.

Electronics, semiconductors, and machinery contribute 10.11 billion or 4.3% of exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Ireland maintains strong positions in specialized equipment, electronic components (10.11B), and Medicaments, Vaccines, Blood, human or animal, antisera, other blood fractions and immunological products.

The top 20 export products collectively account for 63.9% of total exports, revealing moderate concentration with room for further diversification.

🛒 Import Products

Import requirements center on of an unladen weight exceeding 15,000kg at 9.81 billion (7.4%), indicating technology and machinery requirements.

Beyond energy, critical imports include of an unladen weight exceeding 15,000kg (9.81B, 7.4%), lactams (8.88B, 6.7%), consisting of mixed or unmixed products ... (4.96B, 3.7%), processors and controllers, whether or n... (4.06B, 3.0%), Machines and apparatus of a kind used so... (2.20B, 1.7%).Electronic components and devices total 6.55 billion (4.9% of imports), supporting domestic manufacturing and assembly operations. Pharmaceutical products represent 9.23 billion (6.9%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Ireland's economy: heavy reliance on imported energy despite industrial advancement, integration into global electronics supply chains, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (10 : 10among top 20 products) indicates balanced import composition. Import substitution potential exists in technology and agriculture and chemicals sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 14 primary products to 6 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

⚖️ Trade Balance Dynamics

Export-to-import ratio of 1.751 means exports cover 175.1% of import costs.

🔗 Key Relationships

The Ireland-USA relationship leads at 84.99 billion in bilateral trade.View detailed analysis →

Additional major partnerships include Germany (36.70B total trade), China (24.92B total trade), Belgium (22.34B total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationships—286.26B across top 10 partners—provides resilience against bilateral tensions and regional disruptions.

🏆 Competitive Position

Global rankings position Ireland as the #30 exporter worldwide,within the major trading nations. The country's share of global exports at approximately 2.331%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of primary commodities, indicates potential for value chain upgrading. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Ireland's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly inconsisting of mixed or un, for human medicine, immunological products, p. The revealed comparative advantage is strongest in product categories representing25.4% of exports. Market positioning against regional competitors shows leadership in key product segments.

Trade complementarity with major partners suggests deep integration into global supply chains. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including advanced technology and skilled labor, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include consistent trade surpluses supporting macroeconomic stability,diversified market access reducing concentration risk, and competitive positions in essential commodities.

Vulnerabilities include product concentration in cyclical sectors. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on market diversification and value chain upgrading to enhance trade competitiveness. Opportunities exist in expanding trade with Canada, Spain, Malaysia, developing new product capabilities in higher technology sectors, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Ireland's trade prospects. Success requires balanced policies addressing both maintaining export competitiveness while managing currency appreciation pressures.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Ireland's position as the world's #30 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.