TGM StatBox | Logo

Trade Balance of Goods in Ireland: Overview from 2017 to 2023

Trade Balance of Goods in Ireland: Overview from 2017 to 2023

Share the statistic on social media channels or embed the statistic in your website using "Embed Code", where available.

Share chart

Embed chart
Select Citation

Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook

  • APA
  • Chicago
  • Harvard
  • MLA
  • Bluebook
  • IEEE
TGM StatBox. (2024). Trade Balance of Goods in Ireland: Overview from 2017 to 2023. TGM StatBox.
Chart Details
Data Source: Calculate based World Trade Organization (WTO)'s data (export - import)
Timeframe: 2017-2023
Country: Ireland
Published date: 2024
Note: The trade balance reflects the difference between the value of a country’s exports and imports of goods. This figure was calculated by TGM StatBox, using data from the World Trade Organization (WTO). A positive balance signals a surplus, while a negative one indicates a deficit.
Key Takeaways
Ireland’s trade balance of goods demonstrated a steady surplus throughout the period, increasing from 44,161.4 million USD in 2017 to a peak of 80,281.0 million USD in 2020, supported by strong exports in pharmaceuticals, medical devices, and ICT products. However, the surplus gradually narrowed to 62,433.8 million USD in 2023, reflecting stabilizing demand and rising import costs.

The trends emphasize Ireland’s reliance on high-value, export-oriented industries, which buffer its economy against external shocks. Nevertheless, the narrowing surplus highlights challenges in maintaining export growth amid global economic headwinds.

Further Recommended Statistics

Statbox vector
Urbanization Growth in Ireland from 1990 to 2023|Chart|TGM StatBox
Urbanization Growth in Ireland from 1990 to 2023
charts EUROPE Ireland
The Changing Death Rate in Ireland from 1990 to 2022|Chart|TGM StatBox
The Changing Death Rate in Ireland from 1990 to 2022
charts EUROPE Ireland
Manufacturing Sector Contribution to GDP in Ireland (1995-2022)|Chart|TGM StatBox
Manufacturing Sector Contribution to GDP in Ireland (1995-2022)
charts EUROPE Ireland
The Evolution of Mortality Rate in Ireland from 1990 to 2022|Chart|TGM StatBox
The Evolution of Mortality Rate in Ireland from 1990 to 2022
charts EUROPE Ireland
Services Sector Contribution to GDP in Ireland (1995-2022)|Chart|TGM StatBox
Services Sector Contribution to GDP in Ireland (1995-2022)
charts EUROPE Ireland
Inflation Rate Trends and Forecast for Ireland from 1990 to 2029|Chart|TGM StatBox
Inflation Rate Trends and Forecast for Ireland from 1990 to 2029
charts EUROPE Ireland
Ireland Gross Domestic Product (GDP) by Year (1961–2023)|Chart|TGM StatBox
Ireland Gross Domestic Product (GDP) by Year (1961–2023)
charts EUROPE Ireland
Import of Goods Value from Ireland (1990-2023)|Chart|TGM StatBox
Import of Goods Value from Ireland (1990-2023)
charts EUROPE Ireland
Fertility Rate Trends in Ireland from 1990 to 2022|Chart|TGM StatBox
Fertility Rate Trends in Ireland from 1990 to 2022
charts EUROPE Ireland
Changing Median Age of Population in Ireland (2000-2030)|Chart|TGM StatBox
Changing Median Age of Population in Ireland (2000-2030)
charts EUROPE Ireland
Trends in Working Age Population Percentage in Ireland from 1990 to 2022|Chart|TGM StatBox
Trends in Working Age Population Percentage in Ireland from 1990 to 2022
charts EUROPE Ireland
Ireland's Total Population from 1990 to 2023|Chart|TGM StatBox
Ireland's Total Population from 1990 to 2023
charts EUROPE Ireland
Life Expectancy at Birth in Ireland from 1990 to 2022|Chart|TGM StatBox
Life Expectancy at Birth in Ireland from 1990 to 2022
charts EUROPE Ireland
Export of Goods Value from Ireland (1990-2023)|Chart|TGM StatBox
Export of Goods Value from Ireland (1990-2023)
charts EUROPE Ireland
Ireland GDP Growth Rate by Year (1961–2023)|Chart|TGM StatBox
Ireland GDP Growth Rate by Year (1961–2023)
charts EUROPE Ireland
Statbox |form contact icon

Have Other Queries?

Statbox vector

Connect with our expert team for immediate assistance or comprehensive market analysis. We are always ready to support your business needs.

Contact Us Request Market Research Service