2022
Exports
$34.8BWorld Rnk 4 / 217
Flag Rnk 2 / 1206
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$4.91BWorld Rnk 17 / 224
Flag Rnk 7 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $34.8B in Packaged Medicaments, making it the 4th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Ireland. The main destination of Packaged Medicaments exports from Ireland are: United States ($12.9B), Germany ($5.74B), Italy ($1.78B), Japan ($1.69B), and Netherlands ($1.26B).

The fastest growing export markets for Packaged Medicaments of Ireland between 2021 and 2022 were Canada ($697M), Germany ($629M), and Japan ($555M).

Imports In 2022, Ireland imported $4.91B in Packaged Medicaments, becoming the 17th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 7th most imported product in Ireland. Ireland imports Packaged Medicaments primarily from: United Kingdom ($1.58B), United States ($853M), Germany ($712M), Netherlands ($311M), and Italy ($243M).

The fastest growing import markets in Packaged Medicaments for Ireland between 2021 and 2022 were United Kingdom ($267M), Netherlands ($102M), and Canada ($80.3M).

COMPANIES In 2023, leading companies such as Baxter Healthcare (114) were at the forefront of shipping Packaged Medicaments from Ireland to the United States.

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$34.8B
IMPORTS (2022)$4.91B
NET TRADE (2022)$29.9B

In 2022, Ireland exported $34.8B in Packaged Medicaments. The main destinations of Ireland exports on Packaged Medicaments were United States ($12.9B), Germany ($5.74B), Italy ($1.78B), Japan ($1.69B), and Netherlands ($1.26B).

In 2022, Ireland imported $4.91B in Packaged Medicaments, mainly from United Kingdom ($1.58B), United States ($853M), Germany ($712M), Netherlands ($311M), and Italy ($243M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Canada$697M (193%)
Germany$629M (12.3%)
Japan$555M (48.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Ireland WERE (2021 - 2022):
France-$318M (-20.4%)
Netherlands-$289M (-18.7%)
Russia-$173M (-64.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ireland's main exporting competitors in Packaged Medicaments were:
In 2022, Ireland's main importing competitors in Packaged Medicaments were:

Explore Visualizations

Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $742M
TOP IMPORT POTENTIALGermany+ $204M

Packaged Medicaments’s highest export potential is United Kingdom. With an export gap of $742M.   Packaged Medicaments’s highest import potential is Germany with an import gap of $204M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with