The economy of the Republic of Ireland is a knowledge economy, focused on services into high-tech, life sciences and financial services industries. Ireland is an open economy (6th on the Index of Economic Freedom), and ranks first for high-value foreign direct investment (FDI) flows.
Ireland is the 29th largest export economy in the world and the 13th most complex economy according to the Economic Complexity Index (ECI). In 2017, Ireland exported $159B and imported $84B, resulting in a positive trade balance of $75.2B. In 2017 the GDP of Ireland was $333B and its GDP per capita was $75.6k.
Ireland’s top 10 exports accounted for 87.6% of the overall value of its global shipments. Pharmaceuticals was the fastest-growing among Ireland’s top 10 export categories, up 39.1% in value from 2017 to 2018. In second place for improving export sales were organic chemicals which gained 38%.
Ireland Exports By Country This page displays a table with Ireland Exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade.
Exports from Ireland jumped 21 percent from a year earlier to EUR 12.61 billion in February 2019, boosted by sales of organic chemicals (68 percent), medical and pharmaceutical products (9 percent), electrical machinery, apparatus and appliances (32 percent), and office machinery and automatic data processing machines (35 percent).
On a country by country basis, however, the Republic of Ireland (RoI) remains our key export partner. In 2016, goods exports to the RoI were valued at £2.4 billion, equivalent to 31% of total goods exports value and approximately 56% of the value of goods exported to the EU.
To put that in context, Northern Ireland’s exports to the Republic of Ireland accounted for 15% of goods and services sold outside of its own borders in 2016 (including to Great Britain). Technically speaking, “exports” are goods and services which are sold outside of your own country. As Northern Ireland is part of the UK, its sales to ...
Learn more about the Ireland economy, including the population of Ireland, GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic Freedom ...
Ireland exported US$165.1 billion worth of goods around the world in 2018. That dollar amount reflects a 34.2% increase since 2014 and a 19.6% gain from 2017 to 2018. Geographically the Republic of Ireland is the second-largest island of the British Isles, the third-largest island in Europe and the twentieth-largest island in the world.
The second figure is that 1.6% of exports from the Republic of Ireland go to Northern Ireland. That is a 2015 figure covering exports of goods from the Central Statistics Office in Ireland, ...