2022
Exports
$56.5MWorld Rnk 26 / 141
Flag Rnk 171 / 1206
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$9.7MWorld Rnk 39 / 186
Flag Rnk 635 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $56.5M in Inedible Fats and Oils, making it the 26th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 171st most exported product in Ireland. The main destination of Inedible Fats and Oils exports from Ireland are: Netherlands ($50.1M), United Kingdom ($2.64M), Belgium ($2.44M), Germany ($1.18M), and Spain ($62.6k).

The fastest growing export markets for Inedible Fats and Oils of Ireland between 2021 and 2022 were Belgium ($2.39M), United Kingdom ($2.35M), and Germany ($243k).

Imports In 2022, Ireland imported $9.7M in Inedible Fats and Oils, becoming the 39th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 635th most imported product in Ireland. Ireland imports Inedible Fats and Oils primarily from: United Arab Emirates ($3.8M), United Kingdom ($2.16M), Netherlands ($1.11M), Belgium ($971k), and Sweden ($939k).

The fastest growing import markets in Inedible Fats and Oils for Ireland between 2021 and 2022 were United Arab Emirates ($3.8M), Belgium ($819k), and Sweden ($818k).

Latest Trends

Jul 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 Inedible Fats and 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)$56.5M
IMPORTS (2022)$9.7M
NET TRADE (2022)$46.8M

In 2022, Ireland exported $56.5M in Inedible Fats and Oils. The main destinations of Ireland exports on Inedible Fats and Oils were Netherlands ($50.1M), United Kingdom ($2.64M), Belgium ($2.44M), Germany ($1.18M), and Spain ($62.6k).

In 2022, Ireland imported $9.7M in Inedible Fats and Oils, mainly from United Arab Emirates ($3.8M), United Kingdom ($2.16M), Netherlands ($1.11M), Belgium ($971k), and Sweden ($939k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Belgium$2.39M (5.06k%)
United Kingdom$2.35M (797%)
Germany$243k (25.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Ireland WERE (2021 - 2022):
Netherlands-$5.42M (-9.77%)
Italy-$82.7k (-100%)
Denmark-$76k (-92.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $2.61M
TOP IMPORT POTENTIALUnited Kingdom+ $1.02M

Inedible Fats and Oils’s highest export potential is United Kingdom. With an export gap of $2.61M.   Inedible Fats and Oils’s highest import potential is United Kingdom with an import gap of $1.02M.

See methodology.

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