Ireland‘s trade exchanges with China courtesy of our partner organisation EU SME Centre.
https://www.linkedin.com/posts/eu-sme-centre_europeantradeincharts-ireland-china-activity-7273255000355573760-YkVS/?utm_source=share&utm_medium=member_desktop
EuropeanTradeinCharts After our first post on hashtagIreland‘s external trade, we narrow in on the country’s exchanges with hashtagChina. Ireland is one of the few EU Member States with a consistent trade surplus with China over the past decade.
Back in 2015, Ireland’s trade surplus stood 1,5 billion euro. It has since expanded significantly, stabilising at around 13 billion euro annually over the past three years. In contrast, most other European economies record trade deficits in their exchanges with China. For context, the Netherlands holds the largest European trade deficit with China, at over 94 billion euro.
In 2024, Irish exports to China span diverse sectors, with top export categories filled in by high-tech goods, pharmaceuticals, and chemicals. Among the top 10 Irish exports, processors and controllers (integrated circuits) dominate in terms of traded value.
Do you want to know more about hashtagIrelandChina trade? Reach out to the EU SME Centre business advisors and to our partner organisations in Ireland in the comments!
