2023
Exports
$3.3BWorld Rnk 9 / 209
Flag Rnk 11 / 1207
2023
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.68Rnk 757 / 1025
2023
Imports
$473MWorld Rnk 36 / 225
Flag Rnk 32 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $3.3B in Industrial Fatty Acids, Oils and Alcohols, making it the 9th largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 11th most exported product in Ireland. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Ireland are: Netherlands ($1.34B), Spain ($455M), United Kingdom ($346M), Germany ($337M), and Italy ($195M).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Ireland between 2022 and 2023 were Netherlands ($450M), United Kingdom ($65M), and Germany ($62.1M).

Imports In 2023, Ireland imported $473M in Industrial Fatty Acids, Oils and Alcohols, becoming the 36th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 32nd most imported product in Ireland. Ireland imports Industrial Fatty Acids, Oils and Alcohols primarily from: Netherlands ($109M), China ($107M), United Kingdom ($97.8M), United States ($68.7M), and Germany ($31.3M).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Ireland between 2022 and 2023 were China ($58.4M), Germany ($8.54M), and United Kingdom ($7.77M).

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 Industrial Fatty Acids, Oils and Alcohols. 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)$3.3B
IMPORTS (2023)$473M
NET TRADE (2023)$2.82B

In 2023, Ireland exported $3.3B in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Ireland exports on Industrial Fatty Acids, Oils and Alcohols were Netherlands ($1.34B), Spain ($455M), United Kingdom ($346M), Germany ($337M), and Italy ($195M).

In 2023, Ireland imported $473M in Industrial Fatty Acids, Oils and Alcohols, mainly from Netherlands ($109M), China ($107M), United Kingdom ($97.8M), United States ($68.7M), and Germany ($31.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Netherlands$450M (50.6%)
United Kingdom$65M (23.1%)
Germany$62.1M (22.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Ireland WERE (2022 - 2023):
Turkey-$35.4M (-56%)
Zambia-$16.5M (-35.8%)
Egypt-$8.29M (-88.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2023, Ireland's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $500k
TOP IMPORT POTENTIALUnited States+ $655k

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is United Kingdom. With an export gap of $500k.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is United States with an import gap of $655k.

See methodology.

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