Overview In November 2021 Ireland exported €15.3B and imported €9.87B, resulting in a positive trade balance of €5.39B. Between November 2020 and November 2021 the exports of Ireland have increased by €547M (3.72%) from €14.7B to €15.3B, while imports increased by €944M (10.6%) from €8.92B to €9.87B.
Trade In November 2021, the top exports of Ireland were Medicinal and pharmaceutical products (€5.9B), Organic chemicals (€2.32B), Electrical machinery, appliances etc., n.e.s. (€1.13B), Miscellaneous manufactured articles, n.e.s. (€789M), and Essential oils, perfume materials, toilet preparations... (€787M). In November 2021 the top imports of Ireland were Other transport equipment (€1.24B), Medicinal and pharmaceutical products (€1B), Organic chemicals (€954M), Electrical machinery, appliances etc., n.e.s. (€758M), and Miscellaneous manufactured articles, n.e.s. (€620M).
Destinations In November 2021, Ireland exported mostly to United States (€4.94B), United Kingdom (€2.04B), Germany (€1.53B), Belgium (€1.28B), and China (€1.02B), and imported mostly from United Kingdom (€1.93B), United States (€1.52B), China (€1.01B), France (€894M), and Germany (€747M).
Growth In November 2021, the increase in Ireland's year-by-year exports was explained primarily by an increase in exports to United States (€1.15B or 30%), Unclassified (€355M or 76.3%), and China (€242M or 43.7%), and product exports increase in Medicinal and pharmaceutical products (€992M or 22.8%), Other transport equipment (€388M or 176%), and Electrical machinery, appliances etc., n.e.s. (€282M or 48.6%). In November 2021, the increase in Ireland's year-by-year imports was explained primarily by an increase in imports from Unclassified (€264M or 78.9%), Switzerland (€159M or 267%), and Belgium (€141M or 113%), and product imports increase in Organic chemicals (€291M or 111%), Miscellaneous manufactured articles, n.e.s. (€99.4M or 36.4%), and Medicinal and pharmaceutical products (€47.8M or 8.67%).