Imports to Ireland fell 1 percent from a year earlier to EUR 6.36 billion in February 2019, mainly due to lower purchases of other transport equipment, including aircraft (-20 percent), and medical and pharmaceutical products (-37 percent); while imports of food and live animals rose 14 percent. The EU accounted for EUR 3.98 billion, or 63 percent, of total goods imports, which was a decrease of 2 percent compared with February 2018. Meanwhile, imports from Great Britain increased 19 percent to EUR 1.64 billion compared with February 2018. The main increases were in the imports of mineral fuels, lubricants and related materials and machinery and transport equipment. Imports from Great Britain were 26 percent of the value of total imports. The US with EUR 1.02 billion, or 16 percent, and China with EUR 0.34 billion, or 5 percent, were the main non-EU sources of imports. Imports in Ireland averaged 2652142.57 EUR Thousand from 1970 until 2019, reaching an all time high of 8854800 EUR Thousand in October of 2018 and a record low of 62344 EUR Thousand in August of 1970.
Imports in Ireland is expected to be 7800000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Ireland to stand at 7900000.00 in 12 months time. In the long-term, the Ireland Imports is projected to trend around 9500000.00 EUR Thousand in 2020, according to our econometric models.