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Insights for Ireland
BETA
May 2026 period, National level, Product aggregation
AI
Summary: In summary, Ireland's trade in May 2026 showed a mixed performance. Total imports were €13.07 billion, down slightly by €100.28 million (-0.76%) from the previous month but up €2.33 billion (+21.64%) year-on-year. Exports, however, faced a significant decline, totaling €16.46 billion, down €2.05 billion (-11.05%) month-on-month and down €6.87 billion (-29.44%) year-on-year. The overall trade balance reflects these changes, with imports increasing while exports have decreased significantly, indicating potential challenges ahead, particularly in light of external factors such as trade policies and market conditions.
AI
MoM insights: In May 2026, Ireland's imports totaled €13.07 billion, reflecting a slight decrease of €100.28 million (approximately -0.76%). The most significant month-on-month increases in imports were from France (€1.18 billion, up €355.58 million, +43.05%), Poland (€350.01 million, up €171.28 million, +95.83%), and Canada (€163.66 million, up €106.3 million, +185.31%). Conversely, the largest declines were seen in imports from Other Asia, nes (€665.13 million, down €235.64 million, -26.16%), Switzerland (€195.31 million, down €193.44 million, -49.76%), and Japan (€250.98 million, down €185.35 million, -42.43%).
Exports for the same month reached €16.46 billion, down €2.05 billion (-11.05%). The top month-on-month increases in exports were to Belgium (€657.88 million, up €155.1 million, +30.81%), Unclassified (€776.04 million, up €146.42 million, +23.24%), and Germany (€1.29 billion, up €142.49 million, +12.37%). The largest decreases were from the Netherlands (€1.76 billion, down €846.07 million, -32.50%), China (€750.91 million, down €582.02 million, -43.64%), and the United States (€4.71 billion, down €437.58 million, -8.51%).
AI
YoY insights: Year-on-year, imports in May 2026 totaled €13.07 billion, an increase of €2.33 billion (+21.64%). The most notable increases were from Other Asia, nes (€665.13 million, up €419.92 million, +171.24%), France (€1.18 billion, up €358.51 million, +43.56%), and China (€1.17 billion, up €263.16 million, +29.82%). The largest declines were from the United States (€1.6 billion, down €113.61 million, -6.63%), Hungary (€34.29 million, down €42.88 million, -55.57%), and Turkey (€86.99 million, down €37.47 million, -30.01%).
Exports for the same period were €16.46 billion, a decrease of €6.87 billion (-29.44%). The top increases were to the United Kingdom (€2.1 billion, up €303.49 million, +16.85%), Germany (€1.29 billion, up €292.54 million, +29.21%), and Hungary (€347.95 million, up €262.12 million, +300.54%). The largest declines were from the United States (€4.71 billion, down €5.86 billion, -55.45%), the Netherlands (€1.76 billion, down €725.48 million, -29.20%), and Belgium (€657.88 million, down €353.79 million, -34.94%).
