Ireland

Ireland ranked No. 15 in total trade value in 2019 with a total of $70.8 billion. Exports totaled $9.03 billion and Imports totaled $61.77 billion, a deficit of $52.74 billion.

U.S. trade with Ireland rose to $70.8 billion in 2019

Ireland’s trade with the United States rose to $70.8 billion in 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.88 percent above its total trade of 2018. U.S. exports to Ireland decreased 15.49 percent while U.S. imports from Ireland rose 7.48 percent. The U.S. deficit with Ireland was $52.74 billion.

Through December 2019, 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.. In 2018, 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 2019, the top five accounted for 55.68 percent of Ireland’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport fell 9 percent to $17.51 billion.
    Exports fell 33.77 percent to $712.44 million. Imports fell 7.53 percent to $16.79 billion.
  • Trade with No. 2 Port of Newark rose 82.39 percent to $7.18 billion.
    Exports rose 53.82 percent to $223.97 million. Imports rose 83.49 percent to $6.95 billion.
  • Trade with No. 3 Hartsfield-Jackson Atlanta International Airport rose 70.43 percent to $5.59 billion.
    Exports fell 26.25 percent to $74.78 million. Imports rose 73.51 percent to $5.52 billion.
  • Trade with No. 4 Port of New Orleans fell 11.43 percent to $4.66 billion.
    Exports fell 30.18 percent to $774.2 million. Imports fell 6.42 percent to $3.89 billion.
  • Trade with No. 5 San Juan International Airport, P.R. fell 2.08 percent to $4.48 billion.
    Exports rose 45.86 percent to $151.76 million. Imports fell 3.2 percent to $4.32 billion.

Ireland ranked No. 15 among the United States’ top trade partners in 2019. In 2018, it ranked No. 14.

Meanwhile, total U.S. trade with the world decreased to $4.14 trillion, down 1.37 percent compared to 2018. The nation’s exports dropped 1.13 percent to $1.65 trillion; imports dropped 1.53 percent to $2.5 trillion. The nation’s top five countries for 2019, by value, were Mexico; Canada; China; Japan and Germany. The overall trade deficit was $853.23 billion, down compared to 2018 when the deficit was $873.19 billion.

The top five U.S. exports to Ireland by value through December 2019 were the categories of Plasma, vaccines, blood; Oil; Medical instruments for surgeons, dentists, vets; Medicines not in individual dosages; and Medicines in individual dosages, respectively. They accounted for 39.95 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 68.32 percent of all inbound shipments.

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

  • Plasma, vaccines, blood fell 1.23 percent compared to last year to $1.17 billion.
  • Oil rose 224.86 percent compared to last year to $948.41 million.
  • Medical instruments for surgeons, dentists, vets rose 15.56 percent compared to last year to $525.91 million.
  • Medicines not in individual dosages fell 9.75 percent compared to last year to $525.59 million.
  • Medicines in individual dosages fell 33.28 percent compared to last year to $435.65 million.

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

  • Medicines in individual dosages rose 9.43 percent compared to last year to $14.24 billion.
  • Plasma, vaccines, blood fell 14.75 percent compared to last year to $11.46 billion.
  • Heterocyclic chemical compounds rose 26.94 percent compared to last year to $6.64 billion.
  • Orthopedic appliances, artificial body parts rose 2.17 percent compared to last year to $4.99 billion.
  • Value added to a returned import rose 2.41 percent compared to last year to $4.87 billion.

In 2018 annual figures available, Ireland recorded $68.16 billion in trade with the United States. Total U.S. exports to Ireland were $10.69 billion and imports from Ireland were $57.47 billion. The U.S. deficit with Ireland was $46.78 billion.