United Nations Statistical Office reported that industrial equipment import dropped greatly by 46.8% in comparison to the prior year. The indicator strongly declined by 102 132.09 US Dollar, in contrast to the previous year when it grew by 4.49 percent. Ireland saw a growth of 325% in industrial equipment import during the last 26 years. However, it has shown a negative compound average annual growth rate of 0.15 percent during the five years with a modest overall decrease since the 1992. It averaged 468 871.08 US Dollar from 1992 to 2017 and it reached its all-time high of 1 613 035 US Dollar in 1997 and record low of 27 314 US Dollar in 1992.