Ireland’s trade balance at €50.3bn, all goods and services exports less all goods and services imports, decreased by €11.5bn in the fourth quarter of 2025 over the same period in 2024, due mainly to a decrease in merchandise exports and an increase in merchandise imports.
| Goods | of which International Trade | |
| Q3 2023 | 70.703 | 47.581 |
| Q4 2023 | 71.923 | 47.355 |
| Q1 2024 | 75.539 | 54.027 |
| Q2 2024 | 78.223 | 54.18 |
| Q3 2024 | 81.402 | 57.993 |
| Q4 2024 | 92.206 | 58.538 |
| Q1 2025 | 113.079 | 88.375 |
| Q2 2025 | 94.591 | 63.139 |
| Q3 2025 | 98.86161 | 61.82797 |
| Q4 2025 | 87.85628 | 49.34029 |
Merchandise exports were €87.9bn in the fourth quarter of 2025, a decrease of €4.3bn compared with the same quarter of 2024.
| Goods | of which International Trade | |
| Q3 2023 | 34.519 | 31.157 |
| Q4 2023 | 42.399 | 36.127 |
| Q1 2024 | 36.479 | 30.437 |
| Q2 2024 | 39.644 | 32 |
| Q3 2024 | 38.492 | 32.399 |
| Q4 2024 | 37.202 | 33.516 |
| Q1 2025 | 38.86 | 34.197 |
| Q2 2025 | 36.16 | 32.517 |
| Q3 2025 | 43.46394 | 33.23074 |
| Q4 2025 | 45.6217 | 37.1545 |
Merchandise imports were €45.6bn in the fourth quarter of 2025, an increase of €8.4bn compared with the same period in 2024.
| Q4 2025 | Q4 2024 | |
| Computer Services | 75.07931 | 78.719 |
| Business Services | 17.32568 | 19.688 |
| Other Services n.e.s | 8.07589 | 8.309 |
| Financial Services | 8.06295 | 7.04 |
| Insurance | 4.63666 | 4.562 |
| Transport | 4.3918 | 2.288 |
| Royalties/Licences | 3.70173 | 5.237 |
| Tourism and Travel | 2.12972 | 1.558 |
| Repairs and Processing | 0.23263 | 0.438 |
| Communications | 0.05558 | 0.056 |
Service exports, at €138.1bn, increased by €10.2bn compared to the fourth quarter of 2024, mainly due to increased computer services exports which increased by €5.5bn.
| Q4 2025 | Q4 2024 | |
| Royalties/Licences | 45.46108 | 48.931 |
| Business Services | 41.18131 | 43.895 |
| Financial Services | 7.30302 | 6.171 |
| Other Services n.e.s | 5.72119 | 5.639 |
| Computer Services | 5.57013 | 4.461 |
| Tourism and Travel | 4.52626 | 3.349 |
| Insurance | 3.72927 | 4.007 |
| Repairs and Processing | 2.19564 | 2.861 |
| Transport | 1.63953 | 1.472 |
| Communications | 0.22023 | 0.243 |
Service imports, at €130bn, increased by €9bn compared to the fourth quarter of 2024, mainly due to higher imports of both royalties and business services.
| Royalties/Licences Exports | of which Pharmaceutical | of which Information and Communication | |
| Q3 2023 | 3.816 | 0.029 | 1.349 |
| Q4 2023 | 5.089 | 0.111 | 2.309 |
| Q1 2024 | 3.255 | 0 | 0.95 |
| Q2 2024 | 3.777 | 0 | 0 |
| Q3 2024 | 4.047 | 0 | 1.106 |
| Q4 2024 | 5.237 | 0.66 | 0 |
| Q1 2025 | 3.238 | 0 | 0 |
| Q2 2025 | 3.545 | 0 | 1.214 |
| Q3 2025 | 3.70173 | 0 | 1.0581 |
| Q4 2025 | 5.11191 | 0 | 0 |
Exports of royalties/licences imports were €5.1bn in the fourth quarter of 2025, €125m lower than Q4 2024.
| Royalties/Licences Imports | of which Pharmaceutical | of which Information and Communication | |
| Q3 2023 | 33.405 | 4.578 | 0 |
| Q4 2023 | 41.174 | 8.029 | 0 |
| Q1 2024 | 35.614 | 4.835 | 0 |
| Q2 2024 | 39.791 | 5.222 | 0 |
| Q3 2024 | 39.837 | 4.431 | 0 |
| Q4 2024 | 48.931 | 8.703 | 0 |
| Q1 2025 | 42.045 | 5.702 | 0 |
| Q2 2025 | 44.784 | 5.966 | 0 |
| Q3 2025 | 45.46108 | 5.70635 | 0 |
| Q4 2025 | 51.96936 | 6.93781 | 0 |
Royalties/licences imports were €52bn in the fourth quarter of 2025, up €3.8bn on the same period in 2024.
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