2022
Exports
$1.05BWorld Rnk 63 / 214
Flag Rnk 24 / 1206
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$5.6BWorld Rnk 49 / 225
Flag Rnk 3 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $1.05B in Refined Petroleum, making it the 63rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 24th most exported product in Ireland. The main destination of Refined Petroleum exports from Ireland are: United Kingdom ($477M), Gibraltar ($138M), United States ($129M), Netherlands ($124M), and Canada ($70.7M).

The fastest growing export markets for Refined Petroleum of Ireland between 2021 and 2022 were United Kingdom ($209M), United States ($114M), and Germany ($26.2M).

Imports In 2022, Ireland imported $5.6B in Refined Petroleum, becoming the 49th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most imported product in Ireland. Ireland imports Refined Petroleum primarily from: United Kingdom ($4.05B), United Arab Emirates ($459M), Netherlands ($302M), Kuwait ($206M), and Greece ($103M).

The fastest growing import markets in Refined Petroleum for Ireland between 2021 and 2022 were United Kingdom ($2.49B), United Arab Emirates ($317M), and Kuwait ($190M).

COMPANIES In 2023, leading companies such as Hall's Warehouse (27) and Lineage Cold Storage (2) were at the forefront of shipping Refined Petroleum from Ireland to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.05B
IMPORTS (2022)$5.6B
NET TRADE (2022)-$4.55B

In 2022, Ireland exported $1.05B in Refined Petroleum. The main destinations of Ireland exports on Refined Petroleum were United Kingdom ($477M), Gibraltar ($138M), United States ($129M), Netherlands ($124M), and Canada ($70.7M).

In 2022, Ireland imported $5.6B in Refined Petroleum, mainly from United Kingdom ($4.05B), United Arab Emirates ($459M), Netherlands ($302M), Kuwait ($206M), and Greece ($103M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
United Kingdom$209M (78.1%)
United States$114M (772%)
Germany$26.2M (10.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Ireland WERE (2021 - 2022):
Panama-$44.1M (-100%)
Gibraltar-$30.5M (-18.1%)
France-$21.9M (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Refined Petroleum were:
In 2022, Ireland's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $99.5M
TOP IMPORT POTENTIALNetherlands+ $166M

Refined Petroleum’s highest export potential is United States. With an export gap of $99.5M.   Refined Petroleum’s highest import potential is Netherlands with an import gap of $166M.

See methodology.

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