Ireland’s trade surplus widened to EUR 6.4 billion in April of 2022 from EUR 4 billion in the corresponding period of the previous year. Exports surged by 44 percent to EUR 17.7 billion, driven by sales of medical and pharmaceutical products (58 percent), organic chemicals (84 percent), and food and live animals (23 percent). Shipments to Great Britain surged by 54 percent, and those to other EU countries jumped by 40 percent. At the same time, imports rose at a slightly softer 36 percent to EUR 11.3 billion, led by purchases of mineral fuels and lubricants (267 percent), organic chemicals (49 percent), and machinery specialized for particular industries (402 percent). Imports from the UK surged by 78 percent on the year, and those from the EU rose by 29 percent. source: Central Statistics Office Ireland

Balance of Trade in Ireland averaged 1586870.49 EUR Thousand from 1970 until 2022, reaching an all time high of 10997370 EUR Thousand in March of 2020 and a record low of -280890 EUR Thousand in January of 1982. This page provides the latest reported value for - Ireland Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Balance of Trade in Ireland is expected to be 4600000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ireland Balance of Trade is projected to trend around 3000000.00 EUR Thousand in 2023, according to our econometric models.

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Ireland Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-05-19 10:00 AM Mar €9.1B €7B € 5.3B
2022-06-15 10:00 AM Apr €6.4B €9.3B €8B
2022-07-15 10:00 AM May €6.4B


Related Last Previous Unit Reference
Balance of Trade 6426995.00 9286165.00 EUR Thousand Apr 2022
Current Account 17360.00 1506.00 EUR Million Mar 2022
Exports 17680410.00 20601999.00 EUR Thousand Apr 2022
Imports 11253414.00 11315835.00 EUR Thousand Apr 2022
External Debt 2912745.00 2886281.00 EUR Million Mar 2022
Terms of Trade 91.20 102.20 points Mar 2022
Capital Flows 11802.00 8697.00 EUR Million Mar 2022
Foreign Direct Investment 47.00 16954.00 EUR Million Mar 2022

Ireland Balance of Trade
Ireland posts regular trade surpluses since 1985. The biggest trade surpluses were recorded with the United States, Belgium, Switzerland, the Netherlands and Germany; and the largest deficits were recorded with France and the United Kingdom.
Actual Previous Highest Lowest Dates Unit Frequency
6426995.00 9286165.00 10997370.00 -280890.00 1970 - 2022 EUR Thousand Monthly
Current Prices, NSA

News Stream
Ireland Trade Surplus Widens in April
Ireland’s trade surplus widened to EUR 6.4 billion in April of 2022 from EUR 4 billion in the corresponding period of the previous year. Exports surged by 44 percent to EUR 17.7 billion, driven by sales of medical and pharmaceutical products (58 percent), organic chemicals (84 percent), and food and live animals (23 percent). Shipments to Great Britain surged by 54 percent, and those to other EU countries jumped by 40 percent. At the same time, imports rose at a slightly softer 36 percent to EUR 11.3 billion, led by purchases of mineral fuels and lubricants (267 percent), organic chemicals (49 percent), and machinery specialized for particular industries (402 percent). Imports from the UK surged by 78 percent on the year, and those from the EU rose by 29 percent.
2022-06-15
Ireland Trade Surplus Hits Record-High
Ireland’s trade surplus widened to EUR 9.1 billion in March of 2022, the highest on record, from EUR 5.9 billion in the corresponding period of the previous year. Exports surged by 37 percent to a record-high EUR 20.2 billion, driven by higher purchases of medical and pharmaceutical products (63 percent), organic chemicals (29 percent), and food and live animals (16 percent). Exports to Great Britain jumped by 13 percent, while those to the EU rose by 24 percent. Imports increased by a softer 20 percent but also hit a record of EUR 11 billion, led by purchases of mineral fuels, lubricants and related products (112 percent), organic chemicals (177 percent), and machinery specialized for particular industries (128 percent). Imports from the EU fell by 6 percent yearly, while those from the UK jumped by 39 percent.
2022-05-19
Ireland Trade Surplus Widens in February
Ireland’s trade surplus widened to EUR 7.1 billion in February of 2022 from EUR 5.7 billion in the corresponding period of the previous year. Exports jumped by 28 percent to EUR 15.8 billion, driven by higher sales of medical and pharmaceutical equipment (29 percent), organic chemicals (39 percent), and food and live animals (21 percent). Exports to Great Britain rose by 21 percent, while those to other EU countries jumped by 36 percent. Meanwhile, imports rose by 31 percent to EUR 8.7 billion, led by purchases of mineral fuels (240 percent) and organic chemicals (43 percent). Purchases from Great Britain surged 84 percent on the year, while those from the EU rose by 20 percent.
2022-04-14