Country intelligence · IRL · 2024

Ireland trade profile

In 2024, Ireland recorded $256.9B in merchandise exports and $121.7B in imports, producing a $135.2B trade surplus. Exports changed +10.5% from the previous year, while imports changed -5.4%.[1]

Exports

$256.9B

+10.5%

Imports

$121.7B

-5.4%

Trade balance

$135.2B

surplus

Active partners

270

108 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$256.9B$121.7B$135.2B+10.5%
2023$232.6B$128.6B$103.9B-0.5%
2022$233.8B$127.4B$106.5B+6.0%
2021$220.5B$108.3B$112.2B+12.0%
2020$196.8B$88.6B$108.3B+6.8%
2019$184.3B$85.1B$99.2B+3.2%
2018$178.7B$93.6B$85.1B+17.5%
2017$152.0B$80.0B$72.1B+4.5%
2016$145.5B$71.7B$73.8B+8.6%
2015$134.0B$70.6B$63.4B+3.4%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 30 · Pharmaceutical products

42 active HS6 lines · 168 export partners

$99.9B
2

HS 29 · Organic chemicals

351 active HS6 lines · 131 export partners

$45.2B
3

HS 90 · HS chapter

142 active HS6 lines · 172 export partners

$23.9B
4

HS 85 · Electrical machinery

262 active HS6 lines · 180 export partners

$20.8B
5

HS 33 · HS chapter

29 active HS6 lines · 166 export partners

$12.7B
6

HS 84 · Machinery

513 active HS6 lines · 184 export partners

$11.0B
7

HS 38 · HS chapter

88 active HS6 lines · 175 export partners

$4.8B
8

HS 04 · HS chapter

32 active HS6 lines · 142 export partners

$4.6B

Leading export markets

Destinations rank bilateral export flows from Ireland; growth describes each corridor rather than the whole economy.

1

United States

Annual change +27.4% · 3-year CAGR 10.1%

$90.8B
2

Germany

Annual change -6.7% · 3-year CAGR 0.2%

$23.5B
3

United Kingdom

Annual change -2.8% · 3-year CAGR 0.6%

$20.5B
4

Netherlands

Annual change +29.9% · 3-year CAGR 20.4%

$19.4B
5

Belgium

Annual change -26.6% · 3-year CAGR -10.4%

$13.8B
6

China

Annual change +10.6% · 3-year CAGR -2.4%

$13.7B
7

France

Annual change -14.0% · 3-year CAGR -2.0%

$8.3B
8

Italy

Annual change +9.1% · 3-year CAGR 11.1%

$7.7B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.