Ireland’s trade surplus widened to EUR 5.5 billion in November of 2022 from EUR 5.2 billion in the corresponding period of the previous year. Exports grew by 11 percent to EUR 17.3 billion, with notable increases in sales of medical and pharmaceutical products (9 percent to EUR 7 billion), professional, scientific, and controlling apparatus (56 percent to EUR 1 billion), and food and live animals (17 percent to EUR 1.4 billion). Shipments rose to other EU countries (14 percent), while they fell to Great Britain (-6 percent). In the meantime, imports grew by 14 percent to EUR 11.9 billion, supported by mineral fuels and lubricants (40 percent to EUR 1 billion) due to higher energy prices, machinery specialized for particular industries (108 percent to EUR 0.4 billion), and office machines (66 percent to EUR 0.7 billion). Purchases increased from Great Britain (30 percent) and from other EU states (10 percent). source: Central Statistics Office Ireland

Balance of Trade in Ireland averaged 1623953.06 EUR Thousand from 1970 until 2022, reaching an all time high of 10997370.00 EUR Thousand in March of 2020 and a record low of -280890.00 EUR Thousand in January of 1982. This page provides the latest reported value for - Ireland Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Balance of Trade in Ireland is expected to be 4800000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Balance of Trade is projected to trend around 4800000.00 EUR Thousand in 2024, according to our econometric models.

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Ireland Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 11:00 AM Oct €5B €6.5B €6.2B
2023-01-16 11:00 AM Nov €5.5B €5B €5.2B
2023-02-15 11:00 AM Dec €5.5B € 4.7B


Related Last Previous Unit Reference
Balance of Trade 5462888.00 5094019.00 EUR Thousand Nov 2022
Current Account -4480.00 15848.00 EUR Million Sep 2022
Imports 11852768.00 12476123.00 EUR Thousand Nov 2022
Exports 17315656.00 17570142.00 EUR Thousand Nov 2022
External Debt 3031058.00 2954438.00 EUR Million Sep 2022
Terms of Trade 92.50 96.30 points Nov 2022
Capital Flows -25393.00 6302.00 EUR Million Sep 2022
Foreign Direct Investment 36807.00 -33949.00 EUR Million Sep 2022

Ireland Balance of Trade
Ireland posts regular trade surpluses since 1985. Its main exports are chemicals and related products, machinery, and food and live animals. In the meantime, its main imports are machinery, transport equipment, and fuel. Ireland's main exporting partners are the United States, other EU member-states, and Great Britain. On the other hand, the majority of imports are from the rest of the world, mainly due to energy purchases, followed by other EU states.
Actual Previous Highest Lowest Dates Unit Frequency
5462888.00 5094019.00 10997370.00 -280890.00 1970 - 2022 EUR Thousand Monthly
Current Prices, NSA

News Stream
Irish Trade Surplus Widens in November
Ireland’s trade surplus widened to EUR 5.5 billion in November of 2022 from EUR 5.2 billion in the corresponding period of the previous year. Exports grew by 11 percent to EUR 17.3 billion, with notable increases in sales of medical and pharmaceutical products (9 percent to EUR 7 billion), professional, scientific, and controlling apparatus (56 percent to EUR 1 billion), and food and live animals (17 percent to EUR 1.4 billion). Shipments rose to other EU countries (14 percent), while they fell to Great Britain (-6 percent). In the meantime, imports grew by 14 percent to EUR 11.9 billion, supported by mineral fuels and lubricants (40 percent to EUR 1 billion) due to higher energy prices, machinery specialized for particular industries (108 percent to EUR 0.4 billion), and office machines (66 percent to EUR 0.7 billion). Purchases increased from Great Britain (30 percent) and from other EU states (10 percent).
2023-01-16
Irish Trade Surplus Widens in September
Ireland’s trade surplus widened to EUR 6.6 billion in September of 2022 from EUR 6.3 billion in the corresponding period of the previous year. Exports grew by 32 percent to EUR 19.6 billion, with notable increases in sales of medical and pharmaceutical products (20 percent to EUR 6.5 billion), organic chemicals (143 percent to EUR 4.3 billion), and food and live animals (40 percent to EUR 1.6 billion). Outbound shipments increased by 32 percent to the EU but contracted by 1 percent to Great Britain. Meanwhile, imports soared by 53 percent to EUR 13 billion, driven by organic chemicals (141 percent to EUR 1.4 billion), mineral fuels, lubricants, and related goods (160 percent to EUR 1.3 billion), and transport equipment (77 percent to EUR 2 billion). Purchases from the EU soared by 79 percent, while those from Great Britain grew by 41 percent.
2022-11-22
Irish Trade Surplus Widens in August
Ireland’s trade surplus widened to EUR 7 billion in August of 2022 from EUR 5.3 billion in the corresponding period of the previous year. Exports soared by 48 percent to EUR 19.5 billion, with notable increases in sales of chemicals and related products (163 percent to EUR 5 billion), food and live animals (25 percent to EUR 1.2 billion), and electrical machinery and parts (26 percent to EUR 1.3 billion). Outbound shipments soared by 78 percent to the EU and 59 percent to Great Britain. In the meantime, imports jumped by 60 percent to EUR 12.5 billion, supported by purchases of organic chemicals (531 percent to EUR 1.8 billion) and mineral fuels (142 percent to EUR 1.4 billion). Purchases from Great Britain surged by 77 percent, while those from the EU rose by 51 percent.
2022-10-21