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Ireland

Ireland ranked No. 15 in total trade value through February with a total of $10.3 billion. Exports totaled $1.44 billion and Imports totaled $8.86 billion, a deficit of $7.43 billion.

U.S. trade with Ireland rose to $10.3 billion through February

Ireland’s trade with the United States rose to $10.3 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.61 percent below its total trade during the same time period last year. Ireland’s exports decreased 23.34 percent while imports fell 1.93 percent. The U.S. deficit with Ireland was $7.43 billion.

Through February, 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 Port of New Orleans; No. 4 San Juan International Airport, P.R.; and No. 5 Hartsfield-Jackson Atlanta International Airport. 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 Port of Newark No. 4 Seattle-Tacoma International Airport and No. 5 San Juan International Airport, P.R.. In the current time period, the top five accounted for 58.12 percent of Ireland’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport fell 4.72 percent to $2.86 billion.
    Exports rose 12.19 percent to $132.66 million. Imports fell 5.42 percent to $2.73 billion.
  • Trade with No. 2 Port of Newark rose 26.56 percent to $1.11 billion.
    Exports rose 80.86 percent to $37.57 million. Imports rose 25.24 percent to $1.07 billion.
  • Trade with No. 3 Port of New Orleans fell 16.43 percent to $825.9 million.
    Exports fell 64.91 percent to $138.22 million. Imports rose 15.7 percent to $687.68 million.
  • Trade with No. 4 San Juan International Airport, P.R. rose 10.1 percent to $637.64 million.
    Exports rose 53.64 percent to $22.04 million. Imports rose 8.99 percent to $615.61 million.
  • Trade with No. 5 Hartsfield-Jackson Atlanta International Airport rose 184.2 percent to $553.03 million.
    Exports fell 51.24 percent to $5.72 million. Imports rose 199.31 percent to $547.31 million.

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. 13.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Ireland by value through February were the categories of Plasma, vaccines, blood; Computers; Oil; Medicines in individual dosages; and Medical instruments for surgeons, dentists, vets, respectively. They accounted for 39.24 percent of total exports to Ireland.

The value of the top five categories of U.S. imports from Ireland –– Plasma, vaccines, blood; Medicines in individual dosages; Heterocyclic chemical compounds; Orthopedic appliances, artificial body parts; and Value added to a returned import –– accounted for 68.83 percent of all inbound shipments.

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

  • Plasma, vaccines, blood fell 62.43 percent compared to last year to $156.32 million.
  • Computers rose 48.04 percent compared to last year to $123.33 million.
  • Oil totaled $106.68 million. The previous year, there were no exports in this category.
  • Medicines in individual dosages fell 10.19 percent compared to last year to $96.64 million.
  • Medical instruments for surgeons, dentists, vets rose 18.7 percent compared to last year to $80.12 million.

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

  • Plasma, vaccines, blood fell 12.28 percent compared to last year to $1.83 billion.
  • Medicines in individual dosages fell 16.98 percent compared to last year to $1.6 billion.
  • Heterocyclic chemical compounds rose 34.27 percent compared to last year to $1.32 billion.
  • Orthopedic appliances, artificial body parts fell 1.35 percent compared to last year to $733.12 million.
  • Value added to a returned import rose 33.66 percent compared to last year to $621.3 million.

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.