Imports

Ireland imported $145.9 billion worth of goods from the world in 2022, up 18.8% from $122.8 billion in 2021.

The most valuable imports purchased by Ireland in 2022 include aircraft and spacecraft, heterocyclic compounds and nucleic acids, electronic integrated circuits and microassemblies, blood components including antisera, and processed petroleum.

Top suppliers of Irish imports

The latest country-specific data shows that Ireland's imports are mainly supplied by exporters from the UK (35.6% of France's global total), the US (7.5%), France (5.2%), mainland China (5.1%), Germany (4%), the Netherlands (2.8%), Switzerland (2.7%), Israel (2.2%), Belgium (also 2.2%), Japan ( 1.8%), Spain (1.7%) and Italy (1.3%).

Ireland's top 10 imports

1. Organic chemicals: $18.9 billion (13% of total imports)

2. Machinery including computers: $16.6 billion (11.4%)

3. Aircraft, spacecraft: $15.5 billion (10.6%)

4. Electrical machinery, equipment: $14.3 billion (9.8%)

5. Fossil fuels, including oil: $13.6 billion (9.4%)

6. Pharmaceuticals: $11.8 billion (8.1%)

7. Vehicles: $5.3 billion (3.6%)

8. Optical, technical, medical equipment: $4.8 billion (3.3%)

9. Plastics, plastic products: $4.3 billion (3%)

10. Other chemicals: $2.1 billion (1.5%)

Ireland's top ten imports accounted for almost three-quarters (73.5%) of the total value of its purchases from other countries.

The fastest growing imports were mineral fuels, including petroleum (up 86.6%), miscellaneous chemicals (up 53.4%), organic chemicals (up 51.4%) and then machinery, including computers (up 23.3%).

The only category of Ireland's most expensive imports to decline is aircraft and spacecraft, a highly capital intensive category, which has fallen by -10.9% since 2021.

Exports

Ireland exports $214 billion worth of exports in 2022, up 9.2% from $196 billion in 2021.

Ireland is a world leader in the export of blood components, including antisera, while being among the top exporters of medicines and pharmaceuticals in general. The European country is also a major competitor in the international market for medical, surgical or veterinary devices.In 2022, Ireland's largest exports by value were blood components, including antisera, heterocyclic compounds and nucleic acids, dosage-mixed medicines, and electronic integrated circuits or microassemblies, followed by heterocyclic compounds.

Ireland's best international trade customers

The latest country-specific data shows that Irish exports are mainly purchased by importers in the USA (29.3% of the global total), Germany (12.4%), the UK (10.8%), Belgium (8.6%), the Netherlands (6.9%), mainland China (6.4%), France (3.5%), Italy (2.2%), Japan (1.9%), Canada ( 1.6%), Switzerland (also 1.6%) and Spain (1.3%).

Ireland's top 10 exports

1. pharmaceuticals: $75.5 billion (35.3% of total exports)

2. Organic chemicals: $46.3 billion (21.6%)

3. Optical, technical, medical equipment: $18.5 billion (8.7%)

4. Electrical machinery, equipment: $16.4 billion (7.7%)

5. Machinery including computers: $9.6 billion (4.5%)

6. perfumes, cosmetics: $6 billion (2.8%)

7. Dairy products, eggs, honey: $4.6 billion (2.1%)

8. Meat: $4.11 billion (1.9%)

9. Other chemicals: $4.04 billion (1.9%)

10. Cereals/Dairy: $2.4 billion (1.1%)

Ireland's top 10 exports account for 87.6% of its total global export value.

Organic chemicals are the fastest growing of the top ten export categories, growing by 24.7% from 2021 to 2022. The second highest improvement in export sales was in the dairy products, eggs and honey category, which grew by 20.2%. Ireland had the third highest increase in shipments of pharmaceuticals, up 11.8% year-on-year.

The largest decline in Ireland's top ten export categories was in the perfumes and cosmetics category, down -38.5%.

Based on the four-digit HS code, Ireland's top 10 exports were:

1. Blood components (including antisera) (11.53%, $48.581994 Billion)

2. Heterocycles, nucleic acids (10.01%, $23.316632 Billion)

3.Drug Mixed Dose (9.51%, $22.45816 Billion)

4.Integrated Circuits/Microcomponents (7.85%, $11.931601 Billion)

5.Heterocyclic Compounds (6.48%, $10.918012 Billion)

6.Electronic Medical Devices (4.53%, $9.463024 Billion)

7.Hormones, various steroids (3.79%, $7.645405 Billion)

8. Orthopedic Devices (2.6%, $6.192056 Billion)

9.Flavors for Beverage/Industrial Manufacturing (2.5%, $5.451962 Billion)

10.Computers, optical readers (2.32%, $3.548409 Billion)

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