2023
Exports
$15.2kWorld Rnk 54 / 82
Flag Rnk 1101 / 1207
2023
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.67Rnk 297 / 1025
2023
Imports
$18.8MWorld Rnk 14 / 146
Flag Rnk 502 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $15.2k in Rare-Earth Metal Compounds, making it the 54th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1101st most exported product in Ireland. The main destination of Rare-Earth Metal Compounds exports from Ireland are: United Kingdom ($4.54k), Italy ($3.67k), China ($1.84k), Spain ($1.36k), and Denmark ($1.31k).

The fastest growing export markets for Rare-Earth Metal Compounds of Ireland between 2022 and 2023 were China ($1.84k), Spain ($1.33k), and Denmark ($1.31k).

Imports In 2023, Ireland imported $18.8M in Rare-Earth Metal Compounds, becoming the 14th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 502nd most imported product in Ireland. Ireland imports Rare-Earth Metal Compounds primarily from: Norway ($18.3M), United States ($274k), Netherlands ($81.2k), Germany ($58.7k), and United Kingdom ($10.9k).

The fastest growing import markets in Rare-Earth Metal Compounds for Ireland between 2022 and 2023 were Norway ($3.14M), United States ($258k), and Netherlands ($54.8k).

Latest Trends

Dec 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 Rare-Earth Metal Compounds. 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 (2023)$15.2k
IMPORTS (2023)$18.8M
NET TRADE (2023)-$18.8M

In 2023, Ireland exported $15.2k in Rare-Earth Metal Compounds. The main destinations of Ireland exports on Rare-Earth Metal Compounds were United Kingdom ($4.54k), Italy ($3.67k), China ($1.84k), Spain ($1.36k), and Denmark ($1.31k).

In 2023, Ireland imported $18.8M in Rare-Earth Metal Compounds, mainly from Norway ($18.3M), United States ($274k), Netherlands ($81.2k), Germany ($58.7k), and United Kingdom ($10.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
China$1.84k (1%)
Spain$1.33k (4.03k%)
Denmark$1.31k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rare-Earth Metal Compounds BY Ireland WERE (2022 - 2023):
United States-$7.22k (-92.4%)
Canada-$1.9k (-100%)
South Korea-$914 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Rare-Earth Metal Compounds were:
Burma $1.44B
China $513M
In 2023, Ireland's main importing competitors in Rare-Earth Metal Compounds were:
China $1.98B
Japan $478M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.1k
TOP IMPORT POTENTIALChina+ $51k

Rare-Earth Metal Compounds’s highest export potential is United States. With an export gap of $11.1k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $51k.

See methodology.

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