Ireland Balance of Trade

Last Release

Apr 30, 2025

Actual

11,118,500

Units In

EUR Thousand

24,818,200

Frequency

Monthly

Next Release

Jul 15, 2025

Time to Release

26 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
24,818,200 Mar 2025	-280,890 Jan 1982	1,891,939.45 EUR Thousand	1970-2025	Central Statistics Office Ireland

Ireland posts regular trade surpluses since 1985. In 2017, the trade surplus widened to an all-time high of EUR 45 billion, as both exports and imports were at the highest level on record. The biggest trade surpluses were recorded with the United States, Belgium, Switzerland, the Netherlands and Germany; and the largest deficits were recorded with France and the United Kingdom.

Latest Updates

Ireland’s trade surplus widened to €11.1 billion in April 2025, up from €8.6 billion a year earlier. Exports rose 12.7% year-on-year to €21.9 billion, driven mainly by a 23.6% surge in medical and pharmaceutical products to €10.9 billion. In the first four months of the year, pharmaceutical exports soared, making up 60.2% of total shipments—largely to the US, as American multinationals rushed to get ahead of Donald Trump’s proposed tariffs. Meanwhile, imports dipped 0.2% to €10.8 billion, weighed down by sharp declines in organic chemicals (-30.1% to €0.5 billion) and office machines/data processing equipment (-3.9% to €0.8 billion). These were partly offset by a 106.3% jump in medical and pharmaceutical imports to €1.8 billion, which accounted for 17% of total imports. Imports from Great Britain rose 4.8%, representing 12.4% of the total.