2023
Exports
$19.7MWorld Rnk 33 / 183
Flag Rnk 276 / 1207
2023
PRODUCT COMPLEXITY IN Compasses
0.63Rnk 316 / 1025
2023
Imports
$30MWorld Rnk 37 / 217
Flag Rnk 406 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $19.7M in Compasses, making it the 33rd largest exporter of Compasses in the world. At the same year, Compasses was the 276th most exported product in Ireland. The main destination of Compasses exports from Ireland are: Italy ($5.94M), Turkey ($2.36M), France ($2.36M), United States ($2.14M), and Germany ($1.53M).

The fastest growing export markets for Compasses of Ireland between 2022 and 2023 were Italy ($3.73M), Turkey ($1.97M), and United States ($671k).

Imports In 2023, Ireland imported $30M in Compasses, becoming the 37th largest importer of Compasses in the world. At the same year, Compasses was the 406th most imported product in Ireland. Ireland imports Compasses primarily from: United States ($11.4M), United Kingdom ($9.04M), Singapore ($2.21M), China ($2.15M), and France ($1.87M).

The fastest growing import markets in Compasses for Ireland between 2022 and 2023 were United States ($3.84M), United Kingdom ($2.58M), and Singapore ($2.2M).

Latest Trends

Jan 2025

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 (2023)$19.7M
IMPORTS (2023)$30M
NET TRADE (2023)-$10.2M

In 2023, Ireland exported $19.7M in Compasses. The main destinations of Ireland exports on Compasses were Italy ($5.94M), Turkey ($2.36M), France ($2.36M), United States ($2.14M), and Germany ($1.53M).

In 2023, Ireland imported $30M in Compasses, mainly from United States ($11.4M), United Kingdom ($9.04M), Singapore ($2.21M), China ($2.15M), and France ($1.87M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Italy$3.73M (169%)
Turkey$1.97M (498%)
United States$671k (45.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Ireland WERE (2022 - 2023):
Germany-$3.35M (-68.7%)
United Kingdom-$345k (-34.8%)
Spain-$267k (-85%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Compasses were:
In 2023, 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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