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Goods Exports and Imports June 2022

In June 2022, Ireland's unadjusted exports of goods were €17.5 billion

Online ISSN: 2009-5155
CSO statistical publication, , 11am

Key Findings

  • Unadjusted goods exports were €17.5 billion, an increase of almost €2.8 billion compared with June 2021. 

  • Unadjusted goods imports were €12.7 billion, which was €2.8 billion higher than imports in June 2021.

  • Seasonally adjusted goods exports were €16.5 billion in June 2022, a decrease of €1,368 million compared with May 2022. 

  • Seasonally adjusted goods imports were €11.6 billion in June 2022, a decrease of €968 million compared with May 2022.

  • Imports from Great Britain were nearly €2.2 billion in June 2022, while exports to Great Britain were €1.9 billion.

Statistician's Comment

The Central Statistics Office (CSO) has today (15 August 2022) released Goods Exports and Imports June 2022.

Commenting on the release, Orla McCarthy, Senior Statistician, International Trade in Goods Division said: “In June 2022, Ireland’s unadjusted exports of goods were €17.5 billion and imports were valued at €12.7 billion.

Comparing the first six months of 2022 with the same period in 2021, exports of goods increased by just over 30%, and the value of imports increased by more than a third.

The main driver of increases in exports of goods was Chemicals & Related Products. On the imports side there were significant increases in imports of both Mineral Fuels and Chemicals & Related Products.   

Imports from Great Britain grew by 54% to nearly €2.2 billion in June 2022 compared with June 2021, the largest increases were in the imports of Mineral Fuels and Chemicals & Related Products.”

Figure 1 Goods Exports and Imports June 2022 Seasonally Adjusted

Seasonally adjusted goods trade imports decreased by €968 million in June 2022

Seasonally adjusted goods imports decreased by €968 million (-8%) to €11,614 million in June 2022 compared with May 2022, according to preliminary figures.

Seasonally adjusted goods exports decreased by €1,368 million (-8%) to €16,508 million leading to a decrease of €400 million (-8%) in the seasonally adjusted trade surplus to €4,894 million in June 2022 compared with May 2022 (see Table 2). Seasonal adjustment compares month-to-month data by removing fluctuations that may occur due to seasonal patterns in trade.

Exports increased by almost €2.8 billion in June 2022 compared with June 2021

The (unadjusted) value of goods exports increased by €2,767 million (+19%) to €17,516 million in June 2022 compared with June 2021. The value of goods exports for the period January to June 2022 increased by €24,706 million (+31%) to €105,645 million, when compared with the same time period of 2021.

Exports of Medical & Pharmaceutical Products increased by €788 million (+14%) to €6,401 million in June 2022 compared with June 2021. This represented 37% of total exports.

Exports of Professional, Scientific & Controlling Apparatus increased by €309 million (+51%) to €909 million.

Exports of Food & Live Animals increased by €244 million (+21%) to €1,389 million in June 2022 compared with June 2021.

Exports of Electrical Machinery, Apparatus, Appliances & Parts increased by €210 million (+21%) to €1,222 million (see Table 3).

Imports increased by €2.8 billion in June 2022 compared with June 2021

The (unadjusted) value of goods imports increased by €2,809 million (+28%) to €12,699 million in June 2022 compared with June 2021. The value of goods imports for the first half of 2022 increased by €17,496 million (+36%) to €66,699 million, when compared with the same time period of 2021.

Imports of Organic Chemicals increased by €757 million (+46%) to €2,415 million, representing 19% of total imports in June 2022.

Imports of Mineral Fuels, Lubricants & Related Products increased by €523 million (+108%) to €1,006 million in June 2022 compared with June 2021.

Imports of Machinery Specialised For Particular Industries increased by €439 million (+285%) to €592 million.

The value of goods imports for June 2022 excluding SITC 79 (Other Transport Equipment, Including Aircraft) increased by €3,169 million (+39%) to €11,357 million, compared with the corresponding June 2021 figure of €8,188 million (see Table 3).

Imports from Great Britain were nearly €2.2 billion in June 2022

Imports from Great Britain increased by €761 million (+54%) to €2,166 million compared with June 2021. The main increases were in the imports of Mineral Fuels, Lubricants & Related Materials and Chemicals & Related Products (see Table 5). Imports from Great Britain were 17% of the value of total imports in June 2022.

The value of goods imports from Great Britain for January to June 2022 increased by €4,778 million (+72%) to €11,440 million, compared with the same period in 2021.

Exports to Great Britain in June 2022 increased by €532 million (+38%) to €1,917 million, compared with June 2021. The main change was an increase in the exports of Chemicals & Related Products. Exports to Great Britain accounted for 11% of total exports in June 2022.

The value of goods exports to Great Britain for the first half of 2022 increased by €2,200 million (+33%) to €8,844 million, compared with the same period of 2021.

Imports from Northern Ireland of over €2.3 billion in the first half of 2022

Imports from Northern Ireland for January to June 2022 increased by €413 million (+21%) to €2,368 million when compared with the same time period of 2021.

Exports to Northern Ireland for January to June 2022 increased by €662 million (+38%) to €2,419 million when compared with the same time period in 2021 (see Table 5).

%
NI2.55111537645748
GB10.9458226497717
EU2735.4324684989718
US29.0402989454103
Rest of World22.0302945293887
%
NI3.33713582963675
GB17.0576492515222
EU2728.8506990641928
US14.2589508278713
Rest of
World
37.4955650267768

Geographic breakdown of goods exports and imports

The EU accounted for €6,206 million (35%) of total goods exports in June 2022 of which €1,605 million went to Germany, €1,494 million went to Belgium and €1,255 million went to the Netherlands. Total EU exports in June 2022 increased by €604 million (+11%) compared with June 2021.

The USA was the main non-EU destination accounting for €5,087 million (29%) of total exports in June 2022.

The EU accounted for €3,664 million (29%) of total goods imports in June 2022, which is a decrease of €23 million (-0.6%) compared with June 2021.

The UK with €2,590 million (20%), China with €2,070 million (16%) and the USA with €1,811 million (14%) were the main non-EU sources of imports (see Table 4).

X-axis labelEU 27Rest of WorldUKUS
Jan 20214.642070998198852.3432439821.077839088384824.252122179
Feb 20215.710691566330182.8991169021.555858518181134.542633046
Mar 20214.907132634668442.456983960000011.349188522326513.57577931
Apr 20215.454788102699732.6899964281.501400880562473.90149927
May 20215.602143243949043.1127727041.753209936016544.281263191
Jun 20214.526851182794343.1345597571.790837127557283.750234214
Jul 20214.853425600656522.7857945491.298058714614044.229442456
Aug 20215.856192102924832.7936741251.737164236760244.384452418
Sep 20215.129187880593972.6568385631.407910618567625.764283375
Oct 20215.78712439950222.7635669782.066712392899445.006429187
Nov 20214.686307044882062.9391330361.481324912973173.94675177
Dec 20216.34970724263582.8235605231.755991918068015.372329343
Jan 20226.34970724263582.8235605231.755991918068015.372329343
Feb 20226.315716138143733.2629687061.389690719897234.821169839
Mar 20227.380653983192694.003716699999991.826548228237167.389662282
Apr 20226.594914688022523.3609741091.970034723920465.490122136
May 20226.301411893827024.347275283999991.956271535996365.416220648
Jun 20226.206347419109783.858824052.364122231207325.086695679
X-axis labelEU 27Rest of WorldUKUS
Jan 20212.221333590981842.02561792527370.959108878255861.23461466810489
Feb 20212.22163630607962.040335588116911.136962802884071.24780358320128
Mar 20213.223804205724072.684320348989141.700308598101581.61071404313418
Apr 20212.818468024699772.706764477614571.489200575880161.23441473238069
May 20213.41812880199522.340162514374051.553997127353571.44673599207556
Jun 20213.686537758305623.12188091276261.778374552956661.30265117268739
Jul 20212.791743766344012.209228411696831.458667579085141.336498983027
Aug 20212.144279270205792.47215954017111.605727168214211.58098671866229
Sep 20212.546513589622042.541222253082681.738502188785971.63970936335317
Oct 20212.686289757647192.783228914400161.934102385219671.5903038632994
Nov 20213.504456884285743.337340206392541.973958568675651.59372048411895
Dec 20213.383593461406563.2546616178332.183510024974072.30676084384214
Jan 20222.699095997077453.257533779583012.122138531669151.2215691196796
Feb 20222.774323010998012.907191185635131.919589749287711.21008880678096
Mar 20223.104989104127343.996650500148542.354372640581451.85944626782333
Apr 20223.735622111156413.492795108874242.436035480808851.70621408975928
May 20223.611237804506675.057976127622672.386197888534062.14756837292381
Jun 20223.663710109804394.634520995630742.589905364957591.81072431510378

Exports by industrial origin and Imports by main use

Industrial Produce accounted for €16,176 million (92%) of total exports in June 2022. This is an increase of €2,467 million (+18%) when compared with June 2021. There was €5,573 million of this exported to the EU, €5,014 million to the USA and €1,953 million to the UK. Agricultural Produce accounted for €1,136 million (6%) of total exports (see Table 6).

Producer Capital Goods Ready For Use accounted for €2,472 million (19%) of total imports in June 2022, an increase of €207 million (+9%) when compared with June 2021.

Consumption Goods Ready For Use represented €2,560 million (20%) of total imports, and Materials For Further Production accounted for €7,452 million (59%) (see Table 7).

Show Table: Table 1 Goods Exports and Imports summary analysis

Show Table: Table 2 Goods Exports and Imports seasonally adjusted series

Show Table: Table 3 Goods Exports and Imports classified by commodity

Show Table: Table 4 Goods Exports and Imports classified by country

Show Table: Table 5 Goods Exports and Imports classified by commodity and principal countries

Show Table: Table 6 Goods Exports by industrial origin and area of destination

Show Table: Table 7 Goods Imports by main use and area of origin