2023
Exports
$4.3MWorld Rnk 34 / 196
Flag Rnk 516 / 1207
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$19.5MWorld Rnk 42 / 221
Flag Rnk 489 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $4.3M in Wrenches, making it the 34th largest exporter of Wrenches in the world. At the same year, Wrenches was the 516th most exported product in Ireland. The main destination of Wrenches exports from Ireland are: Germany ($1.61M), United Kingdom ($997k), United States ($748k), France ($147k), and Indonesia ($97.9k).

The fastest growing export markets for Wrenches of Ireland between 2022 and 2023 were United Kingdom ($550k), United States ($327k), and France ($97.6k).

Imports In 2023, Ireland imported $19.5M in Wrenches, becoming the 42nd largest importer of Wrenches in the world. At the same year, Wrenches was the 489th most imported product in Ireland. Ireland imports Wrenches primarily from: United States ($3.74M), United Kingdom ($3.72M), China ($3.51M), Chinese Taipei ($3.39M), and Germany ($1.72M).

The fastest growing import markets in Wrenches for Ireland between 2022 and 2023 were Chinese Taipei ($1.67M), China ($932k), and United Kingdom ($365k).

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 Wrenches. 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)$4.3M
IMPORTS (2023)$19.5M
NET TRADE (2023)-$15.2M

In 2023, Ireland exported $4.3M in Wrenches. The main destinations of Ireland exports on Wrenches were Germany ($1.61M), United Kingdom ($997k), United States ($748k), France ($147k), and Indonesia ($97.9k).

In 2023, Ireland imported $19.5M in Wrenches, mainly from United States ($3.74M), United Kingdom ($3.72M), China ($3.51M), Chinese Taipei ($3.39M), and Germany ($1.72M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United Kingdom$550k (123%)
United States$327k (77.6%)
France$97.6k (196%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Ireland WERE (2022 - 2023):
Germany-$2.47M (-60.6%)
Denmark-$161k (-82.4%)
Turkey-$104k (-96.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $468k
TOP IMPORT POTENTIALChina+ $1.47M

Wrenches’s highest export potential is United States. With an export gap of $468k.   Wrenches’s highest import potential is China with an import gap of $1.47M.

See methodology.

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