After a long period of decline due to the military aggression of the Russian Federation against Ukraine, in 2017 the volume of bilateral trade showed a significant increase compared to 2016, reaching 324.4 million USD and increased by a total of 37%. The trade balance for Ukraine was negative and equaled 106.2 million USD. Export of goods reached 55.3 million USD, import - 113.9 million USD, making 122% and 134% compared to 2016. Export of services increased to 53.8 million USD, import - 101.4 million USD, which was 168% and 134%, respectively, compared to 2016.
In 2018, the growth of bilateral trade in goods and services continued. The total volume of trade in goods and services reached 511 million USD, showing growth of more than 36%. Export of goods amounted to 77.51 million dollars. In the USA, which is 140% compared to 2017, imports reached 143.83 million, accounting for 126%, respectively. Export of services - 56.14 million (100), import - 233.51 million USD (228%).
In 2019, the volume of trade in goods and services continued its positive growth by 34.3% compared to 2018 and reached 715.6 million USD. The export of goods almost doubled compared to the corresponding period of 2018 and amounted to 153.2 million USD or 197.7%. Import of goods reached 169.6 million USD or 118% compared to the corresponding period of 2018. Accordingly, the export of services amounted to 86.8 million USD (148%), import of services - 306 million USD (121.2%).
In 2020, as a result of the global pandemic, the total volume of trade in goods and services decreased by 5.39% compared to 2019 and amounted to 677 million USD. Export of goods amounted to 94.4 million USD or 61.6% compared to 2019, the import of goods reached 209 million USD or 123.3%. Export of services amounted to 112.6 million USD or 126% compared to 2019, import of services - 261 million USD or 83%.
The total volume of trade in goods and services for 2021 decreased by 6.6% compared to 2020 and amounted to 635 million USD. Export of goods amounted to 97.8 million USD or 103.7% compared to 2020, import of goods - 231 million USD or 110.6%. Export of services amounted to 119 million USD or 99.8%, import of services - 374 million USD or 142.8%.
The largest groups of goods exported from Ukraine to Ireland in 2021 were: a) grains, the volume of trade of which amounted to 66.5 million USD or 82% of 2020 volumes; b) ferrous metals - 8 million USD (704%); c) meat and edible offal - 3.6 million USD (1198%); d) fertilizers - 1.7 million USD (193%); e) mineral fuels; oil and products of its distillation - 2.5 million USD (56.5%); f) residues and waste of the food industry - 5.8 million USD (450%).
The largest volumes of goods imported from Ireland were recorded in the trade of a) pharmaceutical products with a volume of 98.2 million USD(89.1% of the volume of 2020); b) food products - 40 million USD(166%);
c) alcoholic and non-alcoholic beverages and vinegar - 24.7 million USD (141%);
d) essential oils - 13.6 million USD (163%).
Among the powerful Irish companies that worked in Ukraine before the war were the airline "Rayanair", the pig company "Hermitage Genetics", the expert company of agronomic services "Origin Enterprises" (operating in Ukraine under the brand "Agrii Ukraine") and the international corporation "CRH Ukraine", which includes the factories of PJSC "Podilskyi Cement" (Kamiyanets-Podilskyi), LLC "Cement" (Odesa), PJSC "Mykolaivcement" (Lviv region), as well as the company "Polybeton", PJSC "Bilotserkivskyi" ZBK plant" and PJSC "Bekhiv Specialized Quarry". The international company Aptiv, which specializes in the production of auto parts and is a partner of the leading global brands Volkswagen, BMW, Renaut, Audi, Fiat and Porsche, already has three partner factories in Vinnytsia, Chernivtsi and Ivano-Frankivsk.
All these companies are ready to resume full-fledged work on the territory of Ukraine and increase investments after the end of the war.