The Treasurer’s Guide to Trade Finance

Ireland

Principal exports

Machinery and equipment, computers,

chemicals, pharmaceuticals, food products, and

animal products.

Import/Export documentation

Within the EU: no documentation

requirements, but a commercial invoice is

typically included.

Outside the EU: commercial invoice, customs

declaration, bill of lading, packing list and,

sometimes, a certificate of origin.

Licences

Imports

ƒ Import licences with quotas: textile products,

steel, footwear, ceramic products and

various agricultural products (in line with the

Common Agricultural Policy) from outside

the EU.

ƒ Special import licences: military items and

certain drugs.

Exports

ƒ Goods/items that are subject to international

controls, e.g. military equipment and dual-

use items.

Tariffs/Taxes

Imports

ƒ Tariffs on imports from outside the EU are

set according to the EU’s common customs

code, with higher rates for agricultural

imports.

Exports

ƒ None.

Financing requirements for imports/

exports

ƒ None.

Prohibited items

ƒ Imports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions, such as items deemed a threat

to fauna and flora and national security.

ƒ Exports that are prohibited in accordance

with EU regulations and UN Security Council

resolutions.

Ireland imports exports

Trade information

Key trading partners

Imports by origin

EU 62.3%

USA 12.2%

China 5.3%

Norway 2.4%

Japan 1.6%

Other 16.2%

Source: WTO, September 2012

Exports by destination

EU 57.8%

USA 23.1%

Switzerland 4.0%

Japan 1.9%

China 1.8%

Other 11.4%