Overview In May 2023, Ireland exported €48.3M and imported €55.5M from Denmark, resulting in a negative trade balance of €7.24M. Between May 2022 and May 2023 the exports of Ireland have increased by €6.15M (14.6%) from €42.1M to €48.3M, while imports decreased by €-3.92M (-6.6%) from €59.4M to €55.5M.
Trade In May 2023, the top exports of Ireland to Denmark were Medicinal and pharmaceutical products (€6.65M), Meat and meat preparations (€5.69M), Electrical machinery, appliances etc., n.e.s. (€4.95M), Office machines and automatic data processing... (€2.53M), and Essential oils, perfume materials, toilet preparations... (€2.33M). In May 2023 the top imports of Ireland from Denmark were Medicinal and pharmaceutical products (€14M), Power generating machinery and equipment (€13.2M), General industrial machinery and parts, n.e.s. (€8.52M), Manufactures of metal, n.e.s. (€3.02M), and Professional, scientific and controlling apparatus (€2.87M).
Growth In May 2023, the increase in Ireland's year-by-year exports to Denmark was explained primarily by an increase in product exports in Electrical machinery, appliances etc., n.e.s. (€4.28M or 635%), Inorganic chemicals (€1.22M or 492%), and General industrial machinery and parts, n.e.s. (€1.1M or 187%). In May 2023, the decrease in Ireland's year-by-year imports from Denmark was explained primarily by an decrease in product imports in Professional, scientific and controlling apparatus (€-3.77M or -56.8%), Organic chemicals (€-1.99M or -66.3%), and Electrical machinery, appliances etc., n.e.s. (€-1.33M or -34.3%).