2023
Exports
$2.02MWorld Rnk 73 / 123
Flag Rnk 645 / 1207
2023
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.48Rnk 693 / 1025
2023
Imports
$47.7MWorld Rnk 59 / 213
Flag Rnk 322 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $2.02M in Hot-Rolled Iron Bars, making it the 73rd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 645th most exported product in Ireland. The main destination of Hot-Rolled Iron Bars exports from Ireland are: United Kingdom ($1.97M), Netherlands ($34.1k), United States ($13.9k), Ghana ($1.62k), and Romania ($378).

The fastest growing export markets for Hot-Rolled Iron Bars of Ireland between 2022 and 2023 were United States ($13.6k), Ghana ($1.62k), and Hong Kong ($325).

Imports In 2023, Ireland imported $47.7M in Hot-Rolled Iron Bars, becoming the 59th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 322nd most imported product in Ireland. Ireland imports Hot-Rolled Iron Bars primarily from: Portugal ($19M), United Kingdom ($18.5M), Germany ($6.48M), Spain ($1.69M), and France ($1.41M).

The fastest growing import markets in Hot-Rolled Iron Bars for Ireland between 2022 and 2023 were United Kingdom ($3M), France ($771k), and Italy ($24.8k).

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 Hot-Rolled Iron Bars. 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)$2.02M
IMPORTS (2023)$47.7M
NET TRADE (2023)-$45.7M

In 2023, Ireland exported $2.02M in Hot-Rolled Iron Bars. The main destinations of Ireland exports on Hot-Rolled Iron Bars were United Kingdom ($1.97M), Netherlands ($34.1k), United States ($13.9k), Ghana ($1.62k), and Romania ($378).

In 2023, Ireland imported $47.7M in Hot-Rolled Iron Bars, mainly from Portugal ($19M), United Kingdom ($18.5M), Germany ($6.48M), Spain ($1.69M), and France ($1.41M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United States$13.6k (4.12k%)
Ghana$1.62k (1%)
Hong Kong$325 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Ireland WERE (2022 - 2023):
United Kingdom-$186k (-8.65%)
Belgium-$76.9k (-100%)
Romania-$60.4k (-99.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Hot-Rolled Iron Bars were:
China $2.23B
Germany $1.17B
Italy $808M
In 2023, Ireland's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $303k
TOP IMPORT POTENTIALGermany+ $2.79M

Hot-Rolled Iron Bars’s highest export potential is United Kingdom. With an export gap of $303k.   Hot-Rolled Iron Bars’s highest import potential is Germany with an import gap of $2.79M.

See methodology.

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