2022
Exports
$44.2MWorld Rnk 26 / 196
Flag Rnk 189 / 1206
2022
PRODUCT COMPLEXITY IN Essential Oils
-1.09Rnk 855 / 1025
2022
Imports
$260MWorld Rnk 7 / 214
Flag Rnk 77 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $44.2M in Essential Oils, making it the 26th largest exporter of Essential Oils in the world. At the same year, Essential Oils was the 189th most exported product in Ireland. The main destination of Essential Oils exports from Ireland are: Netherlands ($10M), United States ($8.72M), France ($7.07M), China ($4.83M), and Singapore ($2.24M).

The fastest growing export markets for Essential Oils of Ireland between 2021 and 2022 were United States ($4.37M), China ($1.14M), and United Kingdom ($1.11M).

Imports In 2022, Ireland imported $260M in Essential Oils, becoming the 7th largest importer of Essential Oils in the world. At the same year, Essential Oils was the 77th most imported product in Ireland. Ireland imports Essential Oils primarily from: Argentina ($113M), United States ($39.6M), United Kingdom ($36.2M), Mexico ($13.7M), and Germany ($10.7M).

The fastest growing import markets in Essential Oils for Ireland between 2021 and 2022 were Argentina ($53.8M), United Kingdom ($13.5M), and Germany ($7.06M).

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 Essential Oils. 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)$44.2M
IMPORTS (2022)$260M
NET TRADE (2022)-$216M

In 2022, Ireland exported $44.2M in Essential Oils. The main destinations of Ireland exports on Essential Oils were Netherlands ($10M), United States ($8.72M), France ($7.07M), China ($4.83M), and Singapore ($2.24M).

In 2022, Ireland imported $260M in Essential Oils, mainly from Argentina ($113M), United States ($39.6M), United Kingdom ($36.2M), Mexico ($13.7M), and Germany ($10.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Essential Oils EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
United States$4.37M (100%)
China$1.14M (31.1%)
United Kingdom$1.11M (125%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Essential Oils BY Ireland WERE (2021 - 2022):
Eswatini-$1.85M (-100%)
France-$1.25M (-15.1%)
Canada-$1.03M (-67.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Essential Oils were:
In 2022, Ireland's main importing competitors in Essential Oils were:

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Trade Value of Essential Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.54M
TOP IMPORT POTENTIALBrazil+ $2.58M

Essential Oils’s highest export potential is United States. With an export gap of $2.54M.   Essential Oils’s highest import potential is Brazil with an import gap of $2.58M.

See methodology.

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