Net trade in goods in Ireland
Ireland: Net trade in goods was 190.99 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Ireland, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Ireland is 190.99 billion BoP, current US$, measured in 2024.
The figure is up 13.3% on the previous year and up 252.5% over ten years.
Over the whole period, net trade in goods in Ireland peaked at 215.36 billion BoP, current US$ in 2022 and was at its lowest, 38.11 billion BoP, current US$, in 2006.
Ireland ranks 3rd of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods in Ireland, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 40.02 billion BoP, current US$ | — |
| 2006 | 38.11 billion BoP, current US$ | -4.8% |
| 2007 | 39.24 billion BoP, current US$ | +2.9% |
| 2008 | 45.52 billion BoP, current US$ | +16.0% |
| 2009 | 55.49 billion BoP, current US$ | +21.9% |
| 2010 | 56.65 billion BoP, current US$ | +2.1% |
| 2011 | 60.32 billion BoP, current US$ | +6.5% |
| 2012 | 47.36 billion BoP, current US$ | -21.5% |
| 2013 | 45.76 billion BoP, current US$ | -3.4% |
| 2014 | 54.18 billion BoP, current US$ | +18.4% |
| 2015 | 125.78 billion BoP, current US$ | +132.2% |
| 2016 | 117.40 billion BoP, current US$ | -6.7% |
| 2017 | 122.72 billion BoP, current US$ | +4.5% |
| 2018 | 128.41 billion BoP, current US$ | +4.6% |
| 2019 | 131.29 billion BoP, current US$ | +2.2% |
| 2020 | 162.62 billion BoP, current US$ | +23.9% |
| 2021 | 199.25 billion BoP, current US$ | +22.5% |
| 2022 | 215.36 billion BoP, current US$ | +8.1% |
| 2023 | 168.64 billion BoP, current US$ | -21.7% |
| 2024 | 190.99 billion BoP, current US$ | +13.3% |
Ireland compared with similar countries
- Ireland's 190.99 billion BoP, current US$ is above the median for high income countries, which is -743.67 million BoP, current US$. (72 countries reporting)
- Ireland's 190.99 billion BoP, current US$ is above the median for Europe & Central Asia, which is -3.80 billion BoP, current US$. (51 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods in Ireland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +132.2% | 54.18 billion BoP, current US$ | 125.78 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.68 billion BoP, current US$ | 38.11 billion BoP, current US$ | 55.49 billion BoP, current US$ | 5 |
| 2010s | 88.99 billion BoP, current US$ | 45.76 billion BoP, current US$ | 131.29 billion BoP, current US$ | 10 |
| 2020s | 187.37 billion BoP, current US$ | 162.62 billion BoP, current US$ | 215.36 billion BoP, current US$ | 5 |
Countries ranked near Ireland
More economy & growth data for Ireland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.52 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 67.14 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1102 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 12,444 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.44 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0079 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 893.09 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 7.57 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods in Ireland?
- Net trade in goods in Ireland was 190.99 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Ireland?
- The highest recorded value was 215.36 billion BoP, current US$ in 2022.
- What is the lowest net trade in goods recorded in Ireland?
- The lowest recorded value was 38.11 billion BoP, current US$ in 2006.
- How does Ireland rank for net trade in goods?
- Ireland ranks 3rd out of 200 countries with data for 2024.
- Is net trade in goods rising or falling in Ireland?
- Over the last ten years it is up 252.5%. The long-run trend across the full record is volatile.
- Where does this Ireland data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.