Imports to Ireland were down 11 percent from a year earlier to EUR 7.45 billion in June 2019, led by lower purchases of medical and pharmaceutical products (-54 percent) and other transport equipment, including aircraft (-4 percent); while imports of office machines and automatic data processing machines rose 11 percent. The EU accounted for EUR 4.50 billion, or 60 percent, of total goods imports, which is a decrease of EUR 707 million, or 14 percent, compared with June 2018. Imports from Great Britain, which accounted for 19 percent of the value of total imports, decreased by EUR 26 million, or 2 percent, to EUR 1.45 billion in June. The US with EUR 1.07 billion, or 14 percent, and China with EUR 356 million, or 5 percent, were the main non-EU sources of imports. Imports in Ireland averaged 2686077.30 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 6700000.00 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 8100000.00 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.