2022
Exports
$18.2MWorld Rnk 32 / 179
Flag Rnk 295 / 1206
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$16.7MWorld Rnk 50 / 211
Flag Rnk 512 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $18.2M in Compasses, making it the 32nd largest exporter of Compasses in the world. At the same year, Compasses was the 295th most exported product in Ireland. The main destination of Compasses exports from Ireland are: Germany ($4.93M), Italy ($2.16M), United Kingdom ($2.07M), France ($1.92M), and United States ($1.53M).

The fastest growing export markets for Compasses of Ireland between 2021 and 2022 were Italy ($1.83M), France ($1.02M), and United States ($722k).

Imports In 2022, Ireland imported $16.7M in Compasses, becoming the 50th largest importer of Compasses in the world. At the same year, Compasses was the 512th most imported product in Ireland. Ireland imports Compasses primarily from: United Kingdom ($7.06M), United States ($2.58M), France ($1.24M), Japan ($921k), and Netherlands ($744k).

The fastest growing import markets in Compasses for Ireland between 2021 and 2022 were Hungary ($737k), United States ($675k), and Japan ($642k).

Latest Trends

Sep 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 Compasses. 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)$18.2M
IMPORTS (2022)$16.7M
NET TRADE (2022)$1.52M

In 2022, Ireland exported $18.2M in Compasses. The main destinations of Ireland exports on Compasses were Germany ($4.93M), Italy ($2.16M), United Kingdom ($2.07M), France ($1.92M), and United States ($1.53M).

In 2022, Ireland imported $16.7M in Compasses, mainly from United Kingdom ($7.06M), United States ($2.58M), France ($1.24M), Japan ($921k), and Netherlands ($744k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Italy$1.83M (547%)
France$1.02M (114%)
United States$722k (88.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Ireland WERE (2021 - 2022):
Germany-$2.3M (-31.8%)
South Korea-$1.71M (-69.5%)
Portugal-$700k (-95.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.45M
TOP IMPORT POTENTIALUnited Kingdom+ $2.75M

Compasses’s highest export potential is United States. With an export gap of $1.45M.   Compasses’s highest import potential is United Kingdom with an import gap of $2.75M.

See methodology.

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