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Ireland

Ireland ranked No. 15 in total trade value through March with a total of $16.5 billion. Exports totaled $2.24 billion and Imports totaled $14.26 billion, a deficit of $12.02 billion.

U.S. trade with Ireland rose to $16.5 billion through March

Ireland’s trade with the United States rose to $16.5 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.32 percent below its total trade during the same time period last year. Ireland’s exports decreased 23.79 percent while imports rose 0.94 percent. The U.S. deficit with Ireland was $12.02 billion.

Through March, 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 Seattle-Tacoma International Airport No. 4 San Juan International Airport, P.R. and No. 5 Port of Newark. In the current time period, the top five accounted for 57.06 percent of Ireland’s U.S. trade.

Among those top five:

  • Trade with No. 1 Chicago O’Hare International Airport fell 10.18 percent to $4.26 billion.
    Exports rose 3.67 percent to $166.27 million. Imports fell 10.66 percent to $4.09 billion.
  • Trade with No. 2 Port of Newark rose 31 percent to $1.43 billion.
    Exports rose 130.72 percent to $75.65 million. Imports rose 27.93 percent to $1.36 billion.
  • Trade with No. 3 Hartsfield-Jackson Atlanta International Airport rose 205.96 percent to $1.36 billion.
    Exports fell 57.53 percent to $8.53 million. Imports rose 218.41 percent to $1.35 billion.
  • Trade with No. 4 Port of New Orleans fell 2.92 percent to $1.35 billion.
    Exports fell 54.4 percent to $209.45 million. Imports rose 22.49 percent to $1.14 billion.
  • Trade with No. 5 San Juan International Airport, P.R. fell 13.33 percent to $1.02 billion.
    Exports rose 46.45 percent to $31.18 million. Imports fell 14.44 percent to $985.5 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. 11.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Ireland by value through March were the categories of Plasma, vaccines, blood; Oil; Computers; Medicines in individual dosages; and Medical instruments for surgeons, dentists, vets, respectively. They accounted for 40.57 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; Value added to a returned import; and Orthopedic appliances, artificial body parts –– accounted for 67.78 percent of all inbound shipments.

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

  • Plasma, vaccines, blood fell 48.79 percent compared to last year to $267.38 million.
  • Oil totaled $227.39 million. The previous year, there were no exports in this category.
  • Computers rose 23.37 percent compared to last year to $162.22 million.
  • Medicines in individual dosages fell 11.8 percent compared to last year to $126.98 million.
  • Medical instruments for surgeons, dentists, vets rose 20.25 percent compared to last year to $125.54 million.

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

  • Medicines in individual dosages fell 5.61 percent compared to last year to $2.83 billion.
  • Plasma, vaccines, blood fell 14.78 percent compared to last year to $2.76 billion.
  • Heterocyclic chemical compounds rose 7.01 percent compared to last year to $1.66 billion.
  • Value added to a returned import rose 72.67 percent compared to last year to $1.27 billion.
  • Orthopedic appliances, artificial body parts rose 0.91 percent compared to last year to $1.15 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.