Imports to Ireland were up 6 percent from a year earlier to EUR 7.01 billion in April 2019, mainly due to purchases of other transport equipment, including aircraft (14 percent), and petroleum and related materials (36 percent); while imports of medical and pharmaceutical products plunged 31 percent. The EU accounted for EUR 4.09 billion, or 58 percent, of total goods imports in April, which is a decrease of EUR 167 million, or 4 percent, compared with April 2018. Imports from Great Britain increased EUR 113 million, or 8 percent, to EUR 1.52 billion. Imports from Great Britain were 22 percent of the value of total imports in April. The US with EUR 1.24 billion, or 18 percent, and China with EUR 0.42 billion, or 6 percent, were the main non-EU sources of imports. Imports in Ireland averaged 2668888.71 EUR Thousand from 1970 until 2019, reaching an all time high of 8985700 EUR Thousand in December of 2018 and a record low of 62344 EUR Thousand in August of 1970.
Imports in Ireland is expected to be 7800000.00 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 7900000.00 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.