Ireland's items export to the United States turned 34% € 72.6BN (£ 60.4BN) in 2025, whereas its imports from the US turned barely € 22.5BN (£ 18.7bn).
This meant that in keeping with information from the Central Statistics Office (CSO) of Ireland, Ireland had a freight-vyper surplus with the US over the € 50BN (£ 41.6bn).
These commerce patterns have gained political significance as Donald Trump has achieved the US President's publish.
He believes in nations which have massive commerce surpluses as profiting from America.
He launched his final week “Fair and mutual” scheme for enterprise Which can pave the way in which to import massive tariffs, or taxes on the products of many nations.
Trump described Canada, Taiwan and India in addition to the European Union being “absolutely cruel on trade”.
Till now Trump has not indicated that he’ll discover Ireland among the many European Union nations.
The commerce coverage within the European Union is one referred to as “exclusive capacity”, which implies solely the European Union can solely work together on commerce offers and impose tariffs as an alternative of particular person states.
The predominant purpose for the commerce surplus of Ireland with the US is the presence of drug producers who export most of their Irish output to the US.
The CSO acknowledged that the general exports of medical and drug merchandise in 2024 elevated by 22.4BN or 29%, solely below € 100bn (£ 83.1bn).
These merchandise had been 45% of all Irish items exports.
A possible issue for a rise in exports in 2024 is that Elie Lily County County Crok produces its weight reduction drug, zipbound.
US Pharma corporations are partially because of the nation's low company tax price in Ireland.
Researcher Brad Settser, who works for the US Council on Foreign Relations, has tracked the actions of pharmaceutical corporations.
In 2023, in proof of the US Congress Finance Committee, he mentioned: “There is no admirable clarification for the current scale of American imports of pharmaceuticals from Belgium, Ireland, Switzerland and Singapore, which are not bound to avoid tax.”
With inputs from BBC