2022
Exports
$11.8MWorld Rnk 39 / 187
Flag Rnk 359 / 1206
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$18.1MWorld Rnk 43 / 220
Flag Rnk 493 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $11.8M in Opto-Electric Instrument Parts, making it the 39th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 359th most exported product in Ireland. The main destination of Opto-Electric Instrument Parts exports from Ireland are: India ($2.31M), Belgium ($1.37M), Germany ($1.19M), Costa Rica ($1.04M), and United States ($1M).

The fastest growing export markets for Opto-Electric Instrument Parts of Ireland between 2021 and 2022 were Costa Rica ($959k), United States ($623k), and India ($398k).

Imports In 2022, Ireland imported $18.1M in Opto-Electric Instrument Parts, becoming the 43rd largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 493rd most imported product in Ireland. Ireland imports Opto-Electric Instrument Parts primarily from: United States ($6.52M), Romania ($2.28M), United Kingdom ($1.72M), Netherlands ($1.35M), and Germany ($1.3M).

The fastest growing import markets in Opto-Electric Instrument Parts for Ireland between 2021 and 2022 were United States ($2.1M), Sweden ($668k), and Greece ($370k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Opto-Electric Instrument Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.8M
IMPORTS (2022)$18.1M
NET TRADE (2022)-$6.23M

In 2022, Ireland exported $11.8M in Opto-Electric Instrument Parts. The main destinations of Ireland exports on Opto-Electric Instrument Parts were India ($2.31M), Belgium ($1.37M), Germany ($1.19M), Costa Rica ($1.04M), and United States ($1M).

In 2022, Ireland imported $18.1M in Opto-Electric Instrument Parts, mainly from United States ($6.52M), Romania ($2.28M), United Kingdom ($1.72M), Netherlands ($1.35M), and Germany ($1.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Costa Rica$959k (1.14k%)
United States$623k (163%)
India$398k (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Ireland WERE (2021 - 2022):
United Kingdom-$4.15M (-87.7%)
Singapore-$742k (-69.2%)
Denmark-$650k (-88.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Opto-Electric Instrument Parts were:
In 2022, Ireland's main importing competitors in Opto-Electric Instrument Parts were:

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Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $817k
TOP IMPORT POTENTIALUnited Kingdom+ $852k

Opto-Electric Instrument Parts’s highest export potential is United States. With an export gap of $817k.   Opto-Electric Instrument Parts’s highest import potential is United Kingdom with an import gap of $852k.

See methodology.

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