2022
Exports
$55.2MWorld Rnk 81 / 149
Flag Rnk 172 / 1206
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$1.84BWorld Rnk 50 / 158
Flag Rnk 13 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $55.2M in Crude Petroleum, making it the 81st largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 172nd most exported product in Ireland. The main destination of Crude Petroleum exports from Ireland are: United States ($55.1M), United Kingdom ($81.9k), Netherlands ($11.1k), Italy ($131), and Japan ($6).

The fastest growing export markets for Crude Petroleum of Ireland between 2021 and 2022 were United States ($55.1M), Netherlands ($11.1k), and Japan ($6).

Imports In 2022, Ireland imported $1.84B in Crude Petroleum, becoming the 50th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 13th most imported product in Ireland. Ireland imports Crude Petroleum primarily from: United States ($948M), Azerbaijan ($400M), United Kingdom ($228M), Gibraltar ($81.4M), and Canada ($68.2M).

The fastest growing import markets in Crude Petroleum for Ireland between 2021 and 2022 were Azerbaijan ($358M), United Kingdom ($142M), and United States ($105M).

Latest Trends

Oct 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 Crude Petroleum. 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)$55.2M
IMPORTS (2022)$1.84B
NET TRADE (2022)-$1.78B

In 2022, Ireland exported $55.2M in Crude Petroleum. The main destinations of Ireland exports on Crude Petroleum were United States ($55.1M), United Kingdom ($81.9k), Netherlands ($11.1k), Italy ($131), and Japan ($6).

In 2022, Ireland imported $1.84B in Crude Petroleum, mainly from United States ($948M), Azerbaijan ($400M), United Kingdom ($228M), Gibraltar ($81.4M), and Canada ($68.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
United States$55.1M (582k%)
Netherlands$11.1k (369k%)
Japan$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Ireland WERE (2021 - 2022):
Gibraltar-$34.1M (-100%)
Italy-$30.4M (-100%)
United Kingdom-$4.43M (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $32.6M
TOP IMPORT POTENTIALUnited Kingdom+ $145M

Crude Petroleum’s highest export potential is United States. With an export gap of $32.6M.   Crude Petroleum’s highest import potential is United Kingdom with an import gap of $145M.

See methodology.

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