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The bilateral trade between Ireland and India touched USD 525 million in the year 2009-2010, compared to USD 688 million, it reflecting the financial crisis. In the period April to December 2011 positive signs have been seen as exports from India to Ireland grew by 1.45% (compared to the same period in the preceding year) this indicating slight changes in the bilateral trade scenario.

 

Importance of Trade from Ireland's Perspective:

  • Ireland's export to India was 0.18% of its global exports in 2010
  • Ireland's import from India was 0.53% of its global imports in 2010

Importance of Trade from India's Perspective:

  • India's exports to Ireland was 0.15% of its global trade during 2009-2010
  • India's imports from Ireland was 0.09% of its global trade in 2009-2010  

Foreign Direct Investment (FDI) from Ireland to India:

  • Total FDI in India - April 2000 to Jan. 2010 $ 189.85 billion
  • Total FDI inflows from Ireland - April 2000 to Jan. 2011 $  0.10 billion 
  • Total FDI inflows from Ireland - April 2009 to March 2011$  0.27 billion
  • Total FDI from Ireland - April 2010 to Jan 2011$  0.001 billion 

Bilateral Trade Figures:  ($ Millions)

SL. No.

EXPORT/IMPORT/GROWTH

2006-2007

2007-2008

2008-2009

2009-2010

2010-Dec. 2011

1

Exports

226.08

314.47

449.77

260.57

198.95

2

Growth %

-19.19

39.10

43.03

-42.07

1.45

3

% shares in total exports by India

0.18

0.19

0.24

0.15

0.12

4

Imports

289.51

260.32

239.06

264.82

147.98

5

Growth %

78.81

-10.08

-8.17

10.78

-28.56

6

% Shares in total imports by India

0.16

0.10

0.08

0.09

0.06

7

Total bilateral trade

 

515.58

574.78

688.83

525.39

346.93

8

Growth in %

16.73

11.48

19.84

-23.73

-13.96

 

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