2022
Exports
$239MWorld Rnk 60 / 222
Flag Rnk 72 / 1206
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$628MWorld Rnk 43 / 225
Flag Rnk 25 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $239M in Insulated Wire, making it the 60th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 72nd most exported product in Ireland. The main destination of Insulated Wire exports from Ireland are: Netherlands ($47.9M), United Kingdom ($34.2M), Germany ($17.4M), France ($16.5M), and Italy ($15.2M).

The fastest growing export markets for Insulated Wire of Ireland between 2021 and 2022 were Italy ($12.2M), United Kingdom ($9.76M), and Spain ($4.15M).

Imports In 2022, Ireland imported $628M in Insulated Wire, becoming the 43rd largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 25th most imported product in Ireland. Ireland imports Insulated Wire primarily from: United Kingdom ($141M), Turkey ($106M), China ($60.2M), Germany ($57.4M), and Netherlands ($37.2M).

The fastest growing import markets in Insulated Wire for Ireland between 2021 and 2022 were Netherlands ($16.5M), United Arab Emirates ($12.6M), and Poland ($10.4M).

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 Insulated Wire. 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)$239M
IMPORTS (2022)$628M
NET TRADE (2022)-$389M

In 2022, Ireland exported $239M in Insulated Wire. The main destinations of Ireland exports on Insulated Wire were Netherlands ($47.9M), United Kingdom ($34.2M), Germany ($17.4M), France ($16.5M), and Italy ($15.2M).

In 2022, Ireland imported $628M in Insulated Wire, mainly from United Kingdom ($141M), Turkey ($106M), China ($60.2M), Germany ($57.4M), and Netherlands ($37.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Italy$12.2M (405%)
United Kingdom$9.76M (39.9%)
Spain$4.15M (63.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Ireland WERE (2021 - 2022):
Netherlands-$16.5M (-25.6%)
Israel-$6.21M (-76.2%)
Switzerland-$2.8M (-57.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $21.9M
TOP IMPORT POTENTIALChina+ $45.8M

Insulated Wire’s highest export potential is United Kingdom. With an export gap of $21.9M.   Insulated Wire’s highest import potential is China with an import gap of $45.8M.

See methodology.

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