2023
Exports
$13.3MWorld Rnk 36 / 185
Flag Rnk 330 / 1207
2023
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.07Rnk 155 / 1025
2023
Imports
$22.5MWorld Rnk 39 / 215
Flag Rnk 461 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $13.3M in Opto-Electric Instrument Parts, making it the 36th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 330th most exported product in Ireland. The main destination of Opto-Electric Instrument Parts exports from Ireland are: India ($3.6M), Belgium ($1.49M), Germany ($1.18M), United Kingdom ($1.03M), and Italy ($944k).

The fastest growing export markets for Opto-Electric Instrument Parts of Ireland between 2022 and 2023 were India ($595k), United Kingdom ($491k), and China ($473k).

Imports In 2023, Ireland imported $22.5M in Opto-Electric Instrument Parts, becoming the 39th largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 461st most imported product in Ireland. Ireland imports Opto-Electric Instrument Parts primarily from: United States ($5.35M), Costa Rica ($4.64M), Germany ($2.23M), United Kingdom ($1.98M), and Romania ($1.61M).

The fastest growing import markets in Opto-Electric Instrument Parts for Ireland between 2022 and 2023 were Costa Rica ($1.98M), Germany ($893k), and Italy ($408k).

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 Opto-Electric Instrument Parts. 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)$13.3M
IMPORTS (2023)$22.5M
NET TRADE (2023)-$9.18M

In 2023, Ireland exported $13.3M in Opto-Electric Instrument Parts. The main destinations of Ireland exports on Opto-Electric Instrument Parts were India ($3.6M), Belgium ($1.49M), Germany ($1.18M), United Kingdom ($1.03M), and Italy ($944k).

In 2023, Ireland imported $22.5M in Opto-Electric Instrument Parts, mainly from United States ($5.35M), Costa Rica ($4.64M), Germany ($2.23M), United Kingdom ($1.98M), and Romania ($1.61M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
India$595k (19.8%)
United Kingdom$491k (90.7%)
China$473k (133%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Ireland WERE (2022 - 2023):
United States-$921k (-94.1%)
Costa Rica-$784k (-75.1%)
Belgium-$329k (-18.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Opto-Electric Instrument Parts were:
In 2023, Ireland's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $817k
TOP IMPORT POTENTIALUnited Kingdom+ $852k

Opto-Electric Instrument Parts’s highest export potential is United States. With an export gap of $817k.   Opto-Electric Instrument Parts’s highest import potential is United Kingdom with an import gap of $852k.

See methodology.

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