Refined Petroleum in Ireland

EXPORTS (2018): $877M, World Rnk 64 / 198
Flag Rnk 25 / 1163

TOP DESTINATION (2018): $390M, United Kingdom

FASTEST GROWING MARKET (2017 - 2018): $162M, United Kingdom

IMPORTS (2018): $3.26B, World Rnk 49 / 221
Flag Rnk 5 / 1202

TOP ORIGIN (2018): $2.04B, United Kingdom

FASTEST GROWING ORIGIN (2017 - 2018): $450M, United Kingdom

ECONOMIC COMPLEXITY of Ireland (2018): 1.35, Rnk 17 / 137

PRODUCT COMPLEXITY  IN Refined Petroleum (2018): -0.97, Rnk 812 / 1018

Overview: This page contains the latest trade data of Refined Petroleum in Ireland.

Exports: In 2018, Ireland exported $877M in Refined Petroleum, making it the 64th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 25th most exported product in Ireland. The main destination of Refined Petroleum exports from Ireland are: United Kingdom ($390M), Canada ($147M), United States ($118M), France ($72.9M), and China ($47.6M).

The fastest growing export markets for Refined Petroleum of Ireland between 2017 and 2018 were United Kingdom ($162M), Canada ($70M), and France ($48.2M).

Imports: In 2018, Ireland imported $3.26B in Refined Petroleum, becoming the 49th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most imported product in Ireland. Ireland imports Refined Petroleum primarily from: United Kingdom ($2.04B), Russia ($456M), Sweden ($131M), Netherlands ($127M), and Greece ($74.1M).

The fastest growing import markets in Refined Petroleum for Ireland between 2017 and 2018 were United Kingdom ($450M), Russia ($338M), and Netherlands ($73.3M).

Tariffs: In 2017, the average tariff for Ireland in Refined Petroleum was 0.75%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (2.54%), Gabon (2.54%), Libya (2.54%), Mayotte (2.54%), and Reunion (2.54%).

Value

EXPORTS (2018): $877M

IMPORTS (2018): $3.26B

NET TRADE (2018): -$2.39B

In 2018, Ireland exported $877M in Refined Petroleum. The main destinations of Ireland exports on Refined Petroleum were United Kingdom ($390M), Canada ($147M), United States ($118M), France ($72.9M), and China ($47.6M).

In 2018, Ireland imported $3.26B in Refined Petroleum, mainly from United Kingdom ($2.04B), Russia ($456M), Sweden ($131M), Netherlands ($127M), and Greece ($74.1M).

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IN 2018, Ireland HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • Canada, $114M ($147M - $32.9M)
  • United States, $64.2M ($118M - $53.3M)
  • China, $47.6M ($47.6M - $2.78k)

IN 2018, Ireland HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • United Kingdom, -$1.65B ($390M - $2.04B)
  • Russia, -$456M ($6.72k - $456M)
  • Sweden, -$129M ($2.27M - $131M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Ireland WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Ireland WERE (2017 - 2018):

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Market Concentration

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Flow
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In 2018, Ireland's main exporting competitors in Refined Petroleum were:

In 2018, Ireland's main importing competitors in Refined Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Ireland. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the average tariff for Ireland in Refined Petroleum was 0.75%.

The countries with the highest tariffs for Refined Petroleum in Ireland were Western Sahara (2.54%), Gabon (2.54%), Libya (2.54%), Mayotte (2.54%), and Reunion (2.54%).

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