Ireland-Saint Pierre and Miquelon Bilateral Trade Analysis 2023
Complete trade statistics: $176,715 total volume •Ireland deficit: $176,715
Ireland → Saint Pierre and Miquelon
$0
Exports (2023)
Saint Pierre and Miquelon → Ireland
$176,715
Imports (2023)
Trade Balance
$176,715
Deficit for Ireland
Total Trade
$176,715
Combined Volume
Trade Flow Visualization
Direct trade relationship between Ireland and Saint Pierre and Miquelon. Green line shows exports from Ireland, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Ireland-Saint Pierre and Miquelon commercial relationship and competitive positioning in global markets.
Ireland → Saint Pierre and Miquelon Exports
Export Market Intelligence
No detailed product data available
🎯 Strategic Export Focus
Ireland's export portfolio to Saint Pierre and Miquelon demonstrates strategic specialization, with leading products representing a key competitive advantage in this bilateral market.
Saint Pierre and Miquelon → Ireland Imports
Import Dependency Profile
📦 Import Strategy Analysis
Ireland's import pattern from Saint Pierre and Miquelon reveals significant dependencyin glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Ireland demonstrates competitive strength in exportingkey products to Saint Pierre and Miquelon, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $176,715 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Ireland-Saint Pierre and Miquelon Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $176.72 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Ireland maintains a deficit of $176.72 thousand
- Export Focus: Ireland's primary exports include various products
- Import Dependencies: Key imports from Saint Pierre and Miquelon include glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods, reservoirs, tanks, vats and similar containers: for any material (excluding compressed or liquefied gas), of iron or steel, capacity exceeding 300l, whether or not lined or heat insulated, sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $176,715 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Ireland leveraging its comparative advantages in key sectors.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Ireland's specialization in key industriescomplements Saint Pierre and Miquelon's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $176,715 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $176,715 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $176.72 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in key sectors and glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Ireland's trade deficit of $176.72 thousand impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Ireland and Saint Pierre and Miquelon represents a total trade volume of $176.72 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Ireland, with imports exceeding exportsby $176.72 thousand.
Export Strengths
Ireland's exports to Saint Pierre and Miquelon total $0.00, with competitive advantages in key sectors.
Import Dependencies
Imports from Saint Pierre and Miquelon amount to $176.72 thousand, highlighting economic interdependence in glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods, with Glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods comprising65.2% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Ireland's strategic sourcing from Saint Pierre and Miquelon. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Ireland and Saint Pierre and Miquelon in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023