Packaged Medicaments in Ireland

EXPORTS (2018): $28.1B, World Rnk 3 / 190
Flag Rnk 2 / 1163

TOP DESTINATION (2018): $11.2B, United States

FASTEST GROWING MARKET (2017 - 2018): $815M, Germany

IMPORTS (2018): $3.27B, World Rnk 21 / 217
Flag Rnk 4 / 1202

TOP ORIGIN (2018): $711M, United Kingdom

FASTEST GROWING ORIGIN (2017 - 2018): $284M, China

ECONOMIC COMPLEXITY of Ireland (2018): 1.35, Rnk 17 / 137

Overview: This page contains the latest trade data of Packaged Medicaments in Ireland.

Exports: In 2018, Ireland exported $28.1B in Packaged Medicaments, making it the 3rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 2nd most exported product in Ireland. The main destination of Packaged Medicaments exports from Ireland are: United States ($11.2B), Germany ($2.88B), Italy ($2.01B), France ($1.62B), and Belgium-Luxembourg ($1.56B).

The fastest growing export markets for Packaged Medicaments of Ireland between 2017 and 2018 were Germany ($815M), Netherlands ($566M), and Japan ($400M).

Imports: In 2018, Ireland imported $3.27B in Packaged Medicaments, becoming the 21st largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Ireland. Ireland imports Packaged Medicaments primarily from: United Kingdom ($711M), Germany ($675M), United States ($656M), China ($296M), and Switzerland ($164M).

The fastest growing import markets in Packaged Medicaments for Ireland between 2017 and 2018 were China ($284M), United Kingdom ($180M), and Switzerland ($69.3M).

Value

EXPORTS (2018): $28.1B

IMPORTS (2018): $3.27B

NET TRADE (2018): $24.8B

In 2018, Ireland exported $28.1B in Packaged Medicaments. The main destinations of Ireland exports on Packaged Medicaments were United States ($11.2B), Germany ($2.88B), Italy ($2.01B), France ($1.62B), and Belgium-Luxembourg ($1.56B).

In 2018, Ireland imported $3.27B in Packaged Medicaments, mainly from United Kingdom ($711M), Germany ($675M), United States ($656M), China ($296M), and Switzerland ($164M).

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IN 2018, Ireland HAD A POSITIVE NET TRADE IN Packaged Medicaments WITH:

  • United States, $10.6B ($11.2B - $656M)
  • Germany, $2.2B ($2.88B - $675M)
  • Italy, $1.95B ($2.01B - $60.7M)

IN 2018, Ireland HAD A NEGATIVE NET TRADE IN Packaged Medicaments WITH:

  • India, -$16.3M ($11.6M - $27.9M)
  • Haiti, -$54.5k ($51.5k - $106k)
  • Lithuania, -$18.5k ($2.33M - $2.34M)
Flow

THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Ireland WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Ireland WERE (2017 - 2018):

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Market Concentration

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In 2018, Ireland's main exporting competitors in Packaged Medicaments were:

In 2018, Ireland's main importing competitors in Packaged Medicaments were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Packaged Medicaments in Ireland. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2017, the tariffs for Packaged Medicaments in the imports of Ireland were of 0% around the world.

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