2022
Exports
$1.97MWorld Rnk 85 / 129
Flag Rnk 653 / 1206
2022
PRODUCT COMPLEXITY IN Ferroalloys
-1.24Rnk 892 / 1025
2022
Imports
$3.1MWorld Rnk 111 / 172
Flag Rnk 809 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $1.97M in Ferroalloys, making it the 85th largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 653rd most exported product in Ireland. The main destination of Ferroalloys exports from Ireland are: Germany ($536k), Sweden ($442k), Belgium ($413k), United Kingdom ($295k), and Hungary ($166k).

The fastest growing export markets for Ferroalloys of Ireland between 2021 and 2022 were Belgium ($286k), United Kingdom ($268k), and Hungary ($166k).

Imports In 2022, Ireland imported $3.1M in Ferroalloys, becoming the 111th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 809th most imported product in Ireland. Ireland imports Ferroalloys primarily from: Malaysia ($830k), Sweden ($649k), South Africa ($504k), Netherlands ($413k), and Germany ($329k).

The fastest growing import markets in Ferroalloys for Ireland between 2021 and 2022 were Malaysia ($830k), Sweden ($211k), and Belgium ($94.2k).

Latest Trends

Oct 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 Ferroalloys. 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)$1.97M
IMPORTS (2022)$3.1M
NET TRADE (2022)-$1.13M

In 2022, Ireland exported $1.97M in Ferroalloys. The main destinations of Ireland exports on Ferroalloys were Germany ($536k), Sweden ($442k), Belgium ($413k), United Kingdom ($295k), and Hungary ($166k).

In 2022, Ireland imported $3.1M in Ferroalloys, mainly from Malaysia ($830k), Sweden ($649k), South Africa ($504k), Netherlands ($413k), and Germany ($329k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Belgium$286k (225%)
United Kingdom$268k (961%)
Hungary$166k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Ireland WERE (2021 - 2022):
Germany-$7.66M (-93.5%)
Sweden-$2.54M (-85.2%)
Italy-$783k (-92%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $418k
TOP IMPORT POTENTIALSouth Africa+ $552k

Ferroalloys’s highest export potential is Germany. With an export gap of $418k.   Ferroalloys’s highest import potential is South Africa with an import gap of $552k.

See methodology.

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