2023
Exports
$442MWorld Rnk 38 / 223
Flag Rnk 47 / 1207
2023
PRODUCT COMPLEXITY IN Electrical Transformers
0.68Rnk 293 / 1025
2023
Imports
$572MWorld Rnk 42 / 225
Flag Rnk 27 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $442M in Electrical Transformers, making it the 38th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 47th most exported product in Ireland. The main destination of Electrical Transformers exports from Ireland are: Belgium ($85.3M), Germany ($76.2M), Netherlands ($75.1M), United Kingdom ($62.2M), and France ($25.7M).

The fastest growing export markets for Electrical Transformers of Ireland between 2022 and 2023 were Netherlands ($63.4M), Belgium ($24.3M), and United Kingdom ($21.1M).

Imports In 2023, Ireland imported $572M in Electrical Transformers, becoming the 42nd largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 27th most imported product in Ireland. Ireland imports Electrical Transformers primarily from: China ($173M), Germany ($82.2M), United Kingdom ($47.8M), Italy ($47.4M), and Netherlands ($39.3M).

The fastest growing import markets in Electrical Transformers for Ireland between 2022 and 2023 were Germany ($35.7M), Netherlands ($28.3M), and China ($28.1M).

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 Electrical Transformers. 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)$442M
IMPORTS (2023)$572M
NET TRADE (2023)-$130M

In 2023, Ireland exported $442M in Electrical Transformers. The main destinations of Ireland exports on Electrical Transformers were Belgium ($85.3M), Germany ($76.2M), Netherlands ($75.1M), United Kingdom ($62.2M), and France ($25.7M).

In 2023, Ireland imported $572M in Electrical Transformers, mainly from China ($173M), Germany ($82.2M), United Kingdom ($47.8M), Italy ($47.4M), and Netherlands ($39.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Netherlands$63.4M (541%)
Belgium$24.3M (39.8%)
United Kingdom$21.1M (51.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Ireland WERE (2022 - 2023):
Israel-$17.9M (-97.6%)
Sweden-$12.1M (-66.3%)
France-$6.09M (-19.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Electrical Transformers were:
China $51.9B
Germany $12.8B
Mexico $6.34B
In 2023, Ireland's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $23.6M
TOP IMPORT POTENTIALChina+ $51.2M

Electrical Transformers’s highest export potential is United Kingdom. With an export gap of $23.6M.   Electrical Transformers’s highest import potential is China with an import gap of $51.2M.

See methodology.

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