Ireland

In 2014, the value of merchandise exports of Ireland increased slightly by 2.6 percent to reach 118.3 bln US$, while its merchandise imports increased moderately by 7.7 percent to reach 71.0 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate surplus of 47.2 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at 24.6 bln US$ (see graph 4). Merchandise exports in Ireland were diversified amongst partners; imports were also diversified. The top 11 partners accounted for 80 percent or more of exports and 12 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Ireland increased moderately by 9.7 percent, reaching 127.3 bln US$, while its imports of services increased substantially by 13.4 percent and reached 127.0 bln US$ (see graph 2). There was a relatively small trade in services surplus of 322.7 mln US$.

Related Subject(s): International Trade and Finance

Countries: Ireland