2023
Exports
$175MWorld Rnk 43 / 223
Flag Rnk 85 / 1207
2023
PRODUCT COMPLEXITY IN Valves
1.34Rnk 71 / 1025
2023
Imports
$402MWorld Rnk 46 / 226
Flag Rnk 44 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $175M in Valves, making it the 43rd largest exporter of Valves in the world. At the same year, Valves was the 85th most exported product in Ireland. The main destination of Valves exports from Ireland are: United States ($30.9M), Germany ($29.5M), United Kingdom ($28.7M), Singapore ($20.4M), and China ($7.38M).

The fastest growing export markets for Valves of Ireland between 2022 and 2023 were Germany ($10.1M), United States ($7.08M), and Chile ($2.77M).

Imports In 2023, Ireland imported $402M in Valves, becoming the 46th largest importer of Valves in the world. At the same year, Valves was the 44th most imported product in Ireland. Ireland imports Valves primarily from: United States ($89.6M), United Kingdom ($87.5M), China ($47.6M), Germany ($45.3M), and Italy ($27.2M).

The fastest growing import markets in Valves for Ireland between 2022 and 2023 were United States ($11.7M), Hungary ($5.35M), and Netherlands ($2.71M).

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 Valves. 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)$175M
IMPORTS (2023)$402M
NET TRADE (2023)-$227M

In 2023, Ireland exported $175M in Valves. The main destinations of Ireland exports on Valves were United States ($30.9M), Germany ($29.5M), United Kingdom ($28.7M), Singapore ($20.4M), and China ($7.38M).

In 2023, Ireland imported $402M in Valves, mainly from United States ($89.6M), United Kingdom ($87.5M), China ($47.6M), Germany ($45.3M), and Italy ($27.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Valves EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
Germany$10.1M (51.8%)
United States$7.08M (29.7%)
Chile$2.77M (1.44k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Valves BY Ireland WERE (2022 - 2023):
Romania-$1.52M (-62.7%)
South Korea-$1.18M (-72%)
Singapore-$821k (-3.87%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Valves were:
In 2023, Ireland's main importing competitors in Valves were:

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Trade Value of Valves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20.3M
TOP IMPORT POTENTIALChina+ $30.6M

Valves’s highest export potential is United States. With an export gap of $20.3M.   Valves’s highest import potential is China with an import gap of $30.6M.

See methodology.

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