Ireland

Ireland ranked No. 15 in total trade value through November with a total of $65.07 billion. Exports totaled $8.35 billion and Imports totaled $56.72 billion, a deficit of $48.38 billion.

U.S. trade with Ireland rose to $65.07 billion through November

Ireland’s trade with the United States rose to $65.07 billion through the first 11 months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.53 percent above its total trade during the same time period last year. U.S. exports to Ireland decreased 16.21 percent while U.S. imports from Ireland rose 7.24 percent. The U.S. deficit with Ireland was $48.38 billion.

Through November, the top five among the nation’s airports, seaports and border crossings were No. 1 Chicago O’Hare International Airport; No. 2 Port of Newark; No. 3 Hartsfield-Jackson Atlanta International Airport; No. 4 Port of New Orleans; and No. 5 San Juan International Airport, P.R.. During the same period the previous year, the top five were No. 1 Chicago O’Hare International Airport No. 2 Port of New Orleans No. 3 San Juan International Airport, P.R. No. 4 Port of Newark and No. 5 Seattle-Tacoma International Airport. In the current time period, the top five accounted for 56.23 percent of Ireland’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport fell 9.15 percent to $16.16 billion.
    Exports fell 32.89 percent to $668.28 million. Imports fell 7.75 percent to $15.49 billion.
  • Trade with No. 2 Port of Newark rose 92.42 percent to $6.76 billion.
    Exports rose 61.58 percent to $209.75 million. Imports rose 93.61 percent to $6.55 billion.
  • Trade with No. 3 Hartsfield-Jackson Atlanta International Airport rose 86.7 percent to $5.14 billion.
    Exports fell 26.65 percent to $72.72 million. Imports rose 90.93 percent to $5.07 billion.
  • Trade with No. 4 Port of New Orleans fell 7.34 percent to $4.37 billion.
    Exports fell 30.54 percent to $730.99 million. Imports fell 0.67 percent to $3.64 billion.
  • Trade with No. 5 San Juan International Airport, P.R. fell 4.29 percent to $4.15 billion.
    Exports rose 48.67 percent to $145.63 million. Imports fell 5.51 percent to $4.01 billion.

Ireland ranked No. 15 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 14.

Meanwhile, total U.S. trade with the world increased to $3.81 trillion, down 1.42 percent compared to the same period last year. The nation’s exports dropped 1.32 percent to $1.51 trillion; imports dropped 1.48 percent to $2.3 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $786.7 billion, down compared to the same period of last year when the deficit was $800.89 billion.

The top five U.S. exports to Ireland by value through November were the categories of Plasma, vaccines, blood; Oil; Medicines not in individual dosages; Medical instruments for surgeons, dentists, vets; and Medicines in individual dosages, respectively. They accounted for 39.49 percent of total exports to Ireland.

The value of the top five categories of U.S. imports from Ireland –– Medicines in individual dosages; Plasma, vaccines, blood; Heterocyclic chemical compounds; Orthopedic appliances, artificial body parts; and Value added to a returned import –– accounted for 68.8 percent of all inbound shipments.

Looking more closely at U.S. exports to Ireland:

  • Plasma, vaccines, blood fell 4.18 percent compared to last year to $1.09 billion.
  • Oil rose 223.89 percent compared to last year to $836.76 million.
  • Medicines not in individual dosages fell 7.86 percent compared to last year to $490.3 million.
  • Medical instruments for surgeons, dentists, vets rose 14.81 percent compared to last year to $481.13 million.
  • Medicines in individual dosages fell 37.21 percent compared to last year to $398.58 million.

Looking more closely at U.S. imports from Ireland:

  • Medicines in individual dosages rose 8.25 percent compared to last year to $12.7 billion.
  • Plasma, vaccines, blood fell 11.64 percent compared to last year to $11.04 billion.
  • Heterocyclic chemical compounds rose 25.02 percent compared to last year to $6.27 billion.
  • Orthopedic appliances, artificial body parts rose 1 percent compared to last year to $4.53 billion.
  • Value added to a returned import rose 6.08 percent compared to last year to $4.48 billion.

In the latest annual figures available, Ireland recorded $59.58 billion in trade with the United States. At year’s end, its were Chicago; Cleveland; Atlanta/Savannah; Detroit; and San Juan. Total U.S. exports to Ireland were $ 10.74 billion and imports from Ireland were $48.84 billion. The U.S. deficit with Ireland was $38.11 billion.