Overview In August 2022, United Kingdom exported £2.7B and imported £1.65B from Ireland, resulting in a positive trade balance of £1.06B. Between August 2021 and August 2022 the exports of United Kingdom have increased by £1.49B (123%) from £1.21B to £2.7B, while imports increased by £673M (69.1%) from £973M to £1.65B.
Trade In August 2022, the top exports of United Kingdom to Ireland were Petroleum Gas (£423M), Refined Petroleum (£357M), Packaged Medicaments (£235M), Nitrogen Heterocyclic Compounds (£167M), and Platinum (£71.4M). In August 2022 the top imports of United Kingdom from Ireland were Nitrogen Heterocyclic Compounds (£352M), Packaged Medicaments (£74.6M), Other Prepared Meat (£58.6M), Scented Mixtures (£52.3M), and Gas Turbines (£49.2M).
Origins In August 2022 the exports of United Kingdom were mainly from Holyhead (£603M), Liverpool (£371M), Milford (£289M), London Heathrow Airport (£80.9M), and Greenock (£80.6M), while imports destinations were mainly Holyhead (£682M), Liverpool (£218M), Milford (£48.2M), and Prestwick Airport (£43.8M).
Growth In August 2022, the increase in United Kingdom's year-by-year exports to Ireland was explained primarily by an increase in product exports in Petroleum Gas (£59.6M or 184%), Commodities not elsewhere specified (£14.9M or 128%), and Gas Turbines (£7.53M or 1.07k%). In August 2022, the increase in United Kingdom's year-by-year imports from Ireland was explained primarily by an increase in product imports in Nitrogen Heterocyclic Compounds (£169M or 380%), Air Pumps (£9.91M or 447%), and Precious Metal Scraps (£6.69M or 607%).