Imports to Ireland declined 9.6 percent from a year ago to EUR 6.55 billion in August 2019, amid lower acquisitions of medical and pharmaceutical products (-50 percent) and other transport equipment, including aircraft (-37 percent); while those of organic chemicals surged (107 percent). The EU accounted for EUR 3.52 billion, or 54 percent, of total goods imports, which represents a decline of EUR 699 million, or 17 percent, compared with August 2018. Purchases from Great Britain, went down by EUR 77 million, or 5 percent, to EUR 1.38 billion. The US with EUR 1.07 billion, or 16 percent, and China with EUR 501 million, or 8 percent, were the main non-EU sources of imports. Imports in Ireland averaged 2703346.34 EUR Thousand from 1970 until 2019, reaching an all time high of 8993100 EUR Thousand in October of 2018 and a record low of 62344 EUR Thousand in August of 1970.
Imports in Ireland is expected to be 7900000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Ireland to stand at 8000000.00 in 12 months time. In the long-term, the Ireland Imports is projected to trend around 9500000.00 EUR Thousand in 2020, according to our econometric models.