2023
Exports
$2.9MWorld Rnk 30 / 107
Flag Rnk 587 / 1207
2023
PRODUCT COMPLEXITY IN Iron Ingots
-1.38Rnk 922 / 1025
2023
Imports
$682kWorld Rnk 58 / 175
Flag Rnk 1007 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $2.9M in Iron Ingots, making it the 30th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 587th most exported product in Ireland. The main destination of Iron Ingots exports from Ireland are: United Kingdom ($1.88M), Netherlands ($935k), Singapore ($77.2k), Spain ($1.54k), and Germany ($14).

The fastest growing export markets for Iron Ingots of Ireland between 2022 and 2023 were Netherlands ($899k), Singapore ($76k), and Spain ($1.23k).

Imports In 2023, Ireland imported $682k in Iron Ingots, becoming the 58th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1007th most imported product in Ireland. Ireland imports Iron Ingots primarily from: United Kingdom ($550k), Sweden ($62.6k), Finland ($38.9k), Netherlands ($25.1k), and China ($4.05k).

The fastest growing import markets in Iron Ingots for Ireland between 2022 and 2023 were United Kingdom ($286k), Finland ($38.9k), and India ($616).

Latest Trends

Dec 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 Iron Ingots. 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)$2.9M
IMPORTS (2023)$682k
NET TRADE (2023)$2.21M

In 2023, Ireland exported $2.9M in Iron Ingots. The main destinations of Ireland exports on Iron Ingots were United Kingdom ($1.88M), Netherlands ($935k), Singapore ($77.2k), Spain ($1.54k), and Germany ($14).

In 2023, Ireland imported $682k in Iron Ingots, mainly from United Kingdom ($550k), Sweden ($62.6k), Finland ($38.9k), Netherlands ($25.1k), and China ($4.05k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Netherlands$899k (2.48k%)
Singapore$76k (6.46k%)
Spain$1.23k (389%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Ireland WERE (2022 - 2023):
United Kingdom-$693k (-26.9%)
Oman-$4.17k (-100%)
South Africa-$2.53k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Iron Ingots were:
India $254M
China $65.3M
Italy $48.7M
In 2023, Ireland's main importing competitors in Iron Ingots were:
Italy $238M
Jordan $67.8M
Spain $41.3M

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $27.1k
TOP IMPORT POTENTIALFrance+ $22.6k

Iron Ingots’s highest export potential is Netherlands. With an export gap of $27.1k.   Iron Ingots’s highest import potential is France with an import gap of $22.6k.

See methodology.

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