Overview In August 2022, Ireland exported €3.25B and imported €754M from Germany, resulting in a positive trade balance of €2.5B. Between August 2021 and August 2022 the exports of Ireland have increased by €1.61B (98.2%) from €1.64B to €3.25B, while imports increased by €297M (64.9%) from €457M to €754M.
Trade In August 2022, the top exports of Ireland to Germany were Organic chemicals (€1.82B), Medicinal and pharmaceutical products (€1.06B), Office machines and automatic data processing... (€50.9M), Electrical machinery, appliances etc., n.e.s. (€41.8M), and Essential oils, perfume materials, toilet preparations... (€40.4M). In August 2022 the top imports of Ireland from Germany were Other transport equipment (€164M), Medicinal and pharmaceutical products (€106M), Road vehicles (€77.3M), Machinery specialised for particular industries (€34M), and Electrical machinery, appliances etc., n.e.s. (€30.9M).
Growth In August 2022, the increase in Ireland's year-by-year exports to Germany was explained primarily by an increase in product exports in Electrical machinery, appliances etc., n.e.s. (€20.6M or 79.6%), Photographic apparatus, optical goods, watches and... (€7.63M or 544%), and Prefab buildings; plumbing and electrical fixtures... (€1.5M or 804%). In August 2022, the increase in Ireland's year-by-year imports from Germany was explained primarily by an increase in product imports in Medicinal and pharmaceutical products (€15.4M or 22.6%), Gas, natural and manufactured (€2.71M or 90.2k%), and Feeding stuffs for animals, excluding unmilled... (€2.08M or 56%).