What is the value of US trade with Ireland?
Updates published annually
$133.4 billion in imports and $100.2 billion in exports in 2024. That means that the US imported $33.2 billion more from Ireland than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$133B
Value of imports from Ireland to the US (2024)
$100B
Value of exports from the US to Ireland (2024)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.3% of total trade with the US in 2024.
BEA data ranks Ireland as the US’ 8th top trading partner: In 2024, the US traded $233.5 billion in goods and services with Ireland. Countries with similar trade values include South Korea ($242.5B) and India ($212.4B).
In 2024, the US traded $233.5 billion in goods and services with Ireland.
Total trade value (imports + exports) with the US (2024), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
The US has had a trade deficit with Ireland every year from 2015 through 2024. The 2024 deficit was $33.2 billion, a decrease from 2023's deficit of $21.75 billion.
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The trade deficit with Ireland increased to $33.2B in 2024.
Annual trade balance with Ireland, not adjusted for inflation
In 2024, 77.6% of imports from Ireland to the US were goods. The largest category was consumer goods (goods and services purchased by individuals for personal use, like clothing and cellphones), accounting for $79.1 billion. The top three imports were consumer goods, other merchandise, and capital goods (tools used for the production process, like machinery and equipment). These categories accounted for $93.9 billion of total imports.
The other 22.4% were services, with business services being the largest service category. Business services (like R&D, consulting, and tech services) accounted for $10.5 billion.
Consumer goods made up 59.3% of US imports from Ireland in 2024.
US imports from Ireland by category (2024)
In 2024, more US exports to Ireland were services — 83.1%. The largest export was business services, which accounted for a value of $37.5 billion. The top three exports were business services, use of intellectual property, and financial services (services normally provided by banks and other financial institutions). These categories accounted for $76.8 billion of exports to Ireland.
The other 16.9% were goods, with capital goods being the largest goods category. Capital goods accounted for $6.37 billion.
Business services made up 37.5% of US exports to Ireland in 2024.
US exports to Ireland by category (2024)
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
