2022
Exports
$5.81MWorld Rnk 23 / 95
Flag Rnk 478 / 1206
2022
PRODUCT COMPLEXITY IN Nitrile Compounds
1.07Rnk 146 / 1025
2022
Imports
$23.7MWorld Rnk 31 / 178
Flag Rnk 448 / 1214
2022
ECONOMIC COMPLEXITY of Ireland
1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $5.81M in Nitrile Compounds, making it the 23rd largest exporter of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 478th most exported product in Ireland. The main destination of Nitrile Compounds exports from Ireland are: Sweden ($2.13M), United States ($964k), Switzerland ($833k), China ($487k), and Italy ($379k).

The fastest growing export markets for Nitrile Compounds of Ireland between 2021 and 2022 were Switzerland ($290k), United States ($254k), and Sweden ($238k).

Imports In 2022, Ireland imported $23.7M in Nitrile Compounds, becoming the 31st largest importer of Nitrile Compounds in the world. At the same year, Nitrile Compounds was the 448th most imported product in Ireland. Ireland imports Nitrile Compounds primarily from: China ($7.16M), South Korea ($3.45M), United Kingdom ($3.39M), Belgium ($2.6M), and India ($2.36M).

The fastest growing import markets in Nitrile Compounds for Ireland between 2021 and 2022 were South Korea ($3.42M), United Kingdom ($2.16M), and United States ($840k).

COMPANIES In 2023, leading companies such as Pernod Ricard (1) were at the forefront of shipping Nitrile Compounds from Ireland to the United States.

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 Nitrile Compounds. 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)$5.81M
IMPORTS (2022)$23.7M
NET TRADE (2022)-$17.9M

In 2022, Ireland exported $5.81M in Nitrile Compounds. The main destinations of Ireland exports on Nitrile Compounds were Sweden ($2.13M), United States ($964k), Switzerland ($833k), China ($487k), and Italy ($379k).

In 2022, Ireland imported $23.7M in Nitrile Compounds, mainly from China ($7.16M), South Korea ($3.45M), United Kingdom ($3.39M), Belgium ($2.6M), and India ($2.36M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrile Compounds EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Switzerland$290k (53.4%)
United States$254k (35.8%)
Sweden$238k (12.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrile Compounds BY Ireland WERE (2021 - 2022):
United Kingdom-$2.25M (-98.4%)
China-$920k (-65.4%)
Italy-$746k (-66.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Nitrile Compounds were:
In 2022, Ireland's main importing competitors in Nitrile Compounds were:

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Trade Value of Nitrile Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $648k
TOP IMPORT POTENTIALChina+ $2.16M

Nitrile Compounds’s highest export potential is United States. With an export gap of $648k.   Nitrile Compounds’s highest import potential is China with an import gap of $2.16M.

See methodology.

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