Metalworking Machine Parts in Ireland

EXPORTS (2018): $11.8M, World Rnk 49 / 175
Flag Rnk 338 / 1163

TOP DESTINATION (2018): $1.85M, United States

FASTEST GROWING MARKET (2017 - 2018): $1.8M, United States

IMPORTS (2018): $54.6M, World Rnk 44 / 212
Flag Rnk 268 / 1202

TOP ORIGIN (2018): $18.2M, United Kingdom

FASTEST GROWING ORIGIN (2017 - 2018): $4.14M, United Kingdom

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

PRODUCT COMPLEXITY  IN Metalworking Machine Parts (2018): 1.5, Rnk 47 / 1018

Exports: In 2018, Ireland exported $11.8M in Metalworking Machine Parts, making it the 49th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 338th most exported product in Ireland. The main destination of Metalworking Machine Parts exports from Ireland are: United States ($1.85M), Germany ($1.55M), France ($1.52M), United Kingdom ($1.33M), and Sweden ($565k).

The fastest growing export markets for Metalworking Machine Parts of Ireland between 2017 and 2018 were United States ($1.8M), Germany ($763k), and France ($677k).

Imports: In 2018, Ireland imported $54.6M in Metalworking Machine Parts, becoming the 44th largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 268th most imported product in Ireland. Ireland imports Metalworking Machine Parts primarily from: United Kingdom ($18.2M), United States ($7.93M), Germany ($7.21M), Netherlands ($5.19M), and China ($2.88M).

The fastest growing import markets in Metalworking Machine Parts for Ireland between 2017 and 2018 were United Kingdom ($4.14M), Netherlands ($3.19M), and Canada ($1.78M).

Tariffs: In 2017, the average tariff for Ireland in Metalworking Machine Parts was 0.34%. The countries with the highest import tariffs for Metalworking Machine Parts were Western Sahara (1.16%), Gabon (1.16%), Libya (1.16%), Mayotte (1.16%), and Reunion (1.16%).

Value

EXPORTS (2018): $11.8M

IMPORTS (2018): $54.6M

NET TRADE (2018): -$42.8M

In 2018, Ireland exported $11.8M in Metalworking Machine Parts. The main destinations of Ireland exports on Metalworking Machine Parts were United States ($1.85M), Germany ($1.55M), France ($1.52M), United Kingdom ($1.33M), and Sweden ($565k).

In 2018, Ireland imported $54.6M in Metalworking Machine Parts, mainly from United Kingdom ($18.2M), United States ($7.93M), Germany ($7.21M), Netherlands ($5.19M), and China ($2.88M).

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IN 2018, Ireland HAD A POSITIVE NET TRADE IN Metalworking Machine Parts WITH:

IN 2018, Ireland HAD A NEGATIVE NET TRADE IN Metalworking Machine Parts WITH:

Flow

THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Ireland WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Ireland WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Ireland's main exporting competitors in Metalworking Machine Parts were:

In 2018, Ireland's main importing competitors in Metalworking Machine Parts were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Metalworking Machine Parts 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 Metalworking Machine Parts was 0.34%.

The countries with the highest tariffs for Metalworking Machine Parts in Ireland were Western Sahara (1.16%), Gabon (1.16%), Libya (1.16%), Mayotte (1.16%), and Reunion (1.16%).

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