You are here: Home / Statistics / Quarterly National Accounts Quarter 1 2023 Provisional / International Trade

Quarterly National Accounts Quarter 1 2023 Provisional

International Trade

Net Exports decreased by 1.9% (€0.9 bn) in Q1 2023

Online ISSN: 2009-5775

CSO statistical release, 02 June 2023, 11am

Table 4.1 Exports and Imports, Q1 2023¹
	Amount €m	Quarterly % change
Exports of Goods	88,924	-4.6
Exports of Services	76,020	0.9
Imports of Goods	34,065	4.4
Imports of Services	81,605	-4.7
Net Exports	49,274
¹Constant Market Prices, chain linked annually and referenced to year 2020 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q1 2023 Table 4.1 (XLS 10KB)

Total Exports decreased by a modest 2.1% in Q1 2023 compared with Q4 2022 while Total Imports contracted by a similar percentage of 2.2% which meant that overall net exports for the quarter were 1.9% lower in Q1 compared with Q4 2022 or €0.9 billion lower in money terms quarter-on-quarter. See International Accounts for more detail on current price data.

	Exports (Goods)	Exports (Services)	Imports (Goods)	Imports (Services)	Net Exports
Q1 2020	57.432307415	61.997023225	-25.286252096	-117.37383532	-23.230756776
Q2 2020	57.552460342	56.590166292	-22.050307396	-56.248188497	35.844130741
Q3 2020	62.299892424	61.243473335	-24.783469009	-59.614354638	39.145542112
Q4 2020	65.265337128	74.425312289	-27.770897462	-92.277929657	19.641822298
Q1 2021	70.056285124	64.374953746	-25.296773581	-59.496876539	49.63758875
Q2 2021	72.342381113	69.138253837	-26.223766778	-65.738073779	49.518794393
Q3 2021	71.450184522	72.044911428	-25.768736094	-69.857251881	47.869107975
Q4 2021	72.302640049	74.504609708	-26.915824486	-90.909899247	28.981526024
Q1 2022	79.110471046	76.349646332	-29.52525093	-72.301084636	53.633781812
Q2 2022	86.465477267	73.490571898	-32.107978224	-75.40669976	52.441371181
Q3 2022	91.890832623	76.575585097	-34.388497623	-102.44623904	31.631681057
Q4 2022	93.199942559	75.313157533	-32.635763145	-85.670592596	50.206744351
Q1 2023	88.92351104	76.020269306	-34.065161562	-81.604971789	49.273646995

Get the data: NAQ04

Table 4.2 Trade Summary: Quarterly Breakdown of Trade into Goods/Services at Current and Constant Prices¹

Table 4.2 Trade Summary: Quarterly Breakdown of Trade into Goods/Services at Current and Constant Prices¹
	TRADE AT CURRENT PRICES						TRADE AT CONSTANT PRICES
	Exports			Imports			Exports			Imports		€million
Period	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services
2017
Q1	84,452	47,901	36,551	62,692	22,714	39,978	83,460	42,283	40,719	62,878	21,182	41,139
Q2	86,916	47,323	39,593	101,135	22,777	78,357	86,424	41,803	44,683	102,254	21,892	80,184
Q3	89,125	48,977	40,148	60,230	20,314	39,915	90,194	44,724	45,237	61,062	19,429	41,158
Q4	99,851	53,623	46,228	70,691	22,900	47,790	104,037	51,739	51,989	72,542	22,016	50,023
	360,344	197,824	162,520	294,747	88,706	206,041	364,116	180,550	182,628	298,736	84,519	212,505
2018
Q1	91,974	50,386	41,587	62,861	21,905	40,956	91,395	46,882	43,917	63,341	20,921	41,809
Q2	98,657	52,594	46,063	70,602	24,469	46,133	98,874	48,885	49,767	70,781	23,057	47,069
Q3	100,917	52,714	48,203	72,332	25,376	46,956	99,733	48,005	51,806	70,628	22,448	47,571
Q4	109,506	56,063	53,443	102,191	30,562	71,629	109,812	52,272	57,761	101,356	27,705	73,150
	401,053	211,757	189,296	307,985	102,312	205,673	399,815	196,045	203,251	306,105	94,131	209,599
2019
Q1	106,896	56,594	50,302	76,011	26,043	49,967	103,711	52,406	50,923	74,970	24,249	50,011
Q2	110,225	53,367	56,858	121,872	26,238	95,634	108,606	49,289	59,809	120,369	25,315	95,380
Q3	115,276	57,160	58,116	82,747	25,912	56,835	112,605	52,833	60,006	81,965	24,872	56,494
Q4	123,756	58,823	64,932	163,004	29,635	133,368	122,264	55,591	67,211	158,355	28,308	131,013
	456,153	225,944	230,209	443,633	107,828	335,805	447,185	210,119	237,948	435,660	102,743	332,898
2020
Q1	118,474	60,990	57,484	142,211	24,851	117,360	115,231	58,608	56,353	140,297	24,515	116,123
Q2	113,429	56,753	56,676	78,773	22,487	56,287	113,652	56,156	57,413	77,660	21,909	55,603
Q3	120,949	61,252	59,696	80,981	23,787	57,194	123,860	62,240	61,414	81,509	23,651	57,676
Q4	144,278	63,384	80,893	124,665	29,041	95,624	144,387	65,376	79,571	127,165	30,092	97,063
	497,130	242,379	254,750	426,631	100,166	326,465	497,130	242,379	254,750	426,631	100,166	326,465
2021
Q1	131,026	67,641	63,385	83,478	25,583	57,895	129,656	71,437	58,219	81,802	24,484	57,318
Q2	138,514	67,679	70,835	93,173	27,542	65,632	140,884	70,898	69,986	91,354	25,984	65,370
Q3	145,697	71,697	74,001	95,729	26,874	68,855	144,011	71,741	72,270	92,366	24,798	67,568
Q4	157,751	72,343	85,408	132,722	32,051	100,671	152,506	71,950	80,556	125,486	29,014	96,471
	572,988	279,359	293,629	405,102	112,050	293,052	567,057	286,026	281,031	391,008	104,281	286,727
2022
Q1	156,429	78,473	77,956	103,202	30,688	72,514	149,413	80,401	69,013	98,194	28,555	69,640
Q2	166,840	85,130	81,710	114,784	36,048	78,736	159,408	85,162	74,246	106,746	31,845	74,902
Q3	178,529	92,641	85,888	143,474	39,095	104,379	169,524	92,594	76,930	133,106	33,263	99,844
Q4	186,496	94,768	91,728	139,225	40,803	98,422	173,759	92,379	81,380	127,074	34,982	92,091
	688,294	351,011	337,283	500,685	146,634	354,051	652,104	350,535	301,569	465,120	128,644	336,476
2023
Q1	172,102	88,802	83,300	117,485	32,703	84,782	158,842	90,046	68,796	111,434	32,958	78,476

Percentage change on corresponding period of previous year
2017
Q1	7.1	-1.2	20.3	-5.2	7.1	-11.0	5.1	-4.1	20.9	-9.3	-2.7	-12.3
Q2	8.3	-0.7	21.5	39.1	-1.9	58.3	5.6	-3.2	18.4	36.2	-2.7	54.1
Q3	7.9	4.4	12.4	-12.3	-1.3	-16.9	8.2	5.9	11.0	-13.4	-3.2	-17.8
Q4	14.6	7.0	25.0	-10.6	3.7	-16.1	18.9	16.9	21.2	-9.7	3.0	-14.8
2018
Q1	8.9	5.2	13.8	0.3	-3.6	2.4	9.5	10.9	7.9	0.7	-1.2	1.6
Q2	13.5	11.1	16.3	-30.2	7.4	-41.1	14.4	16.9	11.4	-30.8	5.3	-41.3
Q3	13.2	7.6	20.1	20.1	24.9	17.6	10.6	7.3	14.5	15.7	15.5	15.6
Q4	9.7	4.6	15.6	44.6	33.5	49.9	5.6	1.0	11.1	39.7	25.8	46.2
2019
Q1	16.2	12.3	21.0	20.9	18.9	22.0	13.5	11.8	16.0	18.4	15.9	19.6
Q2	11.7	1.5	23.4	72.6	7.2	107.3	9.8	0.8	20.2	70.1	9.8	102.6
Q3	14.2	8.4	20.6	14.4	2.1	21.0	12.9	10.1	15.8	16.1	10.8	18.8
Q4	13.0	4.9	21.5	59.5	-3.0	86.2	11.3	6.3	16.4	56.2	2.2	79.1
2020
Q1	10.8	7.8	14.3	87.1	-4.6	134.9	11.1	11.8	10.7	87.1	1.1	132.2
Q2	2.9	6.3	-0.3	-35.4	-14.3	-41.1	4.6	13.9	-4.0	-35.5	-13.5	-41.7
Q3	4.9	7.2	2.7	-2.1	-8.2	0.6	10.0	17.8	2.3	-0.6	-4.9	2.1
Q4	16.6	7.8	24.6	-23.5	-2.0	-28.3	18.1	17.6	18.4	-19.7	6.3	-25.9
2021
Q1	10.6	10.9	10.3	-41.3	2.9	-50.7	12.5	21.9	3.3	-41.7	-0.1	-50.6
Q2	22.1	19.3	25.0	18.3	22.5	16.6	24.0	26.3	21.9	17.6	18.6	17.6
Q3	20.5	17.1	24.0	18.2	13.0	20.4	16.3	15.3	17.7	13.3	4.8	17.2
Q4	9.3	14.1	5.6	6.5	10.4	5.3	5.6	10.1	1.2	-1.3	-3.6	-0.6
2022
Q1	19.4	16.0	23.0	23.6	20.0	25.3	15.2	12.5	18.5	20.0	16.6	21.5
Q2	20.4	25.8	15.4	23.2	30.9	20.0	13.1	20.1	6.1	16.8	22.6	14.6
Q3	22.5	29.2	16.1	49.9	45.5	51.6	17.7	29.1	6.4	44.1	34.1	47.8
Q4	18.2	31.0	7.4	4.9	27.3	-2.2	13.9	28.4	1.0	1.3	20.6	-4.5
2023
Q1	10.0	13.2	6.9	13.8	6.6	16.9	6.3	12.0	-0.3	13.5	15.4	12.7
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2023 Table 4.2 (XLS 22KB)

Visit Table NAQ04 on PxStat

Table 4.3 Seasonally Adjusted (SA) Trade Summary: Quarterly Breakdown of Trade into Goods/Services at SA Current and SA Constant Prices¹

Table 4.3 Seasonally Adjusted (SA) Trade Summary: Quarterly Breakdown of Trade into Goods/Services at SA Current and SA Constant Prices¹
	TRADE AT CURRENT PRICES						TRADE AT CONSTANT PRICES
	Exports			Imports			Exports			Imports		€million
Period	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services
2017
Q1	86,148	47,793	38,355	64,442	22,734	41,708	86,107	41,903	44,204	64,217	21,403	42,814
Q2	88,116	48,591	39,525	101,514	22,758	78,756	86,771	42,699	44,072	102,315	21,751	80,564
Q3	89,372	49,271	40,101	63,169	21,741	41,428	89,996	45,303	44,693	63,142	20,714	42,428
Q4	96,424	52,127	44,297	64,879	21,118	43,762	99,713	50,501	49,211	67,259	20,494	46,766
	360,060	197,782	162,278	294,005	88,351	205,653	362,587	180,406	182,181	296,933	84,360	212,573
2018
Q1	94,920	51,332	43,588	64,667	22,317	42,349	94,241	46,267	47,974	64,991	21,335	43,656
Q2	99,105	52,924	46,181	71,080	24,442	46,638	99,210	50,204	49,007	70,309	22,987	47,322
Q3	101,267	52,802	48,465	74,953	26,813	48,141	99,949	48,506	51,443	73,076	23,885	49,191
Q4	105,353	54,768	50,584	96,552	27,705	68,847	105,234	51,268	53,966	95,176	25,573	69,603
	400,644	211,826	188,818	307,252	101,277	205,975	398,634	196,244	202,390	303,553	93,781	209,772
2019
Q1	108,770	56,107	52,664	78,175	26,629	51,546	107,414	51,496	55,918	77,078	24,909	52,170
Q2	112,386	55,052	57,334	123,599	27,013	96,586	109,489	50,615	58,874	120,735	25,361	95,374
Q3	115,654	56,992	58,662	85,822	27,012	58,810	112,922	53,199	59,724	84,730	26,293	58,437
Q4	118,855	57,864	60,991	157,260	27,126	130,135	117,461	54,988	62,473	152,444	26,060	126,384
	455,666	226,015	229,651	444,856	107,780	337,076	447,286	210,298	236,988	434,988	102,623	332,365
2020
Q1	120,555	60,447	60,108	144,663	25,531	119,133	119,429	57,432	61,997	142,660	25,286	117,374
Q2	115,804	58,418	57,386	80,493	23,108	57,386	114,143	57,552	56,590	78,298	22,050	56,248
Q3	121,157	60,760	60,397	82,881	24,561	58,320	123,543	62,300	61,243	84,398	24,783	59,614
Q4	138,788	62,714	76,074	115,115	25,769	89,345	139,691	65,265	74,425	120,049	27,771	92,278
	496,304	242,339	253,965	423,152	98,969	324,184	496,806	242,550	254,256	425,405	99,891	325,514
2021
Q1	133,571	67,225	66,346	88,915	27,321	61,594	134,431	70,056	64,375	84,794	25,297	59,497
Q2	141,482	69,407	72,075	95,281	28,157	67,124	141,481	72,342	69,138	91,962	26,224	65,738
Q3	145,671	70,836	74,835	98,421	27,402	71,019	143,495	71,450	72,045	95,626	25,769	69,857
Q4	151,328	71,841	79,487	121,555	28,323	93,232	146,807	72,303	74,505	117,826	26,916	90,910
	572,052	279,309	292,743	404,172	111,203	292,969	566,214	286,151	280,063	390,207	104,205	286,002
2022
Q1	159,939	78,294	81,645	108,511	32,590	75,921	155,460	79,110	76,350	101,826	29,525	72,301
Q2	170,313	86,987	83,327	117,220	36,603	80,617	159,956	86,465	73,491	107,515	32,108	75,407
Q3	178,054	91,279	86,775	145,583	39,008	106,575	168,466	91,891	76,576	136,835	34,388	102,446
Q4	179,595	94,274	85,320	128,736	38,053	90,683	168,513	93,200	75,313	118,306	32,636	85,671
	687,901	350,834	337,067	500,051	146,255	353,796	652,396	350,667	301,729	464,482	128,657	335,825
2023
Q1	176,225	88,950	87,275	124,130	34,886	89,244	164,944	88,924	76,020	115,670	34,065	81,605

Percentage change on previous quarter
2017
Q1	2.2	-1.9	7.8	-15.1	6.9	-23.7	2.6	-3.4	8.9	-15.7	6.3	-23.6
Q2	2.3	1.7	3.1	57.5	0.1	88.8	0.8	1.9	-0.3	59.3	1.6	88.2
Q3	1.4	1.4	1.5	-37.8	-4.5	-47.4	3.7	6.1	1.4	-38.3	-4.8	-47.3
Q4	7.9	5.8	10.5	2.7	-2.9	5.6	10.8	11.5	10.1	6.5	-1.1	10.2
2018
Q1	-1.6	-1.5	-1.6	-0.3	5.7	-3.2	-5.5	-8.4	-2.5	-3.4	4.1	-6.6
Q2	4.4	3.1	5.9	9.9	9.5	10.1	5.3	8.5	2.2	8.2	7.7	8.4
Q3	2.2	-0.2	4.9	5.4	9.7	3.2	0.7	-3.4	5.0	3.9	3.9	4.0
Q4	4.0	3.7	4.4	28.8	3.3	43.0	5.3	5.7	4.9	30.2	7.1	41.5
2019
Q1	3.2	2.4	4.1	-19.0	-3.9	-25.1	2.1	0.4	3.6	-19.0	-2.6	-25.0
Q2	3.3	-1.9	8.9	58.1	1.4	87.4	1.9	-1.7	5.3	56.6	1.8	82.8
Q3	2.9	3.5	2.3	-30.6	-0.0	-39.1	3.1	5.1	1.4	-29.8	3.7	-38.7
Q4	2.8	1.5	4.0	83.2	0.4	121.3	4.0	3.4	4.6	79.9	-0.9	116.3
2020
Q1	1.4	4.5	-1.4	-8.0	-5.9	-8.5	1.7	4.4	-0.8	-6.4	-3.0	-7.1
Q2	-3.9	-3.4	-4.5	-44.4	-9.5	-51.8	-4.4	0.2	-8.7	-45.1	-12.8	-52.1
Q3	4.6	4.0	5.2	3.0	6.3	1.6	8.2	8.2	8.2	7.8	12.4	6.0
Q4	14.6	3.2	26.0	38.9	4.9	53.2	13.1	4.8	21.5	42.2	12.1	54.8
2021
Q1	-3.8	7.2	-12.8	-22.8	6.0	-31.1	-3.8	7.3	-13.5	-29.4	-8.9	-35.5
Q2	5.9	3.2	8.6	7.2	3.1	9.0	5.2	3.3	7.4	8.5	3.7	10.5
Q3	3.0	2.1	3.8	3.3	-2.7	5.8	1.4	-1.2	4.2	4.0	-1.7	6.3
Q4	3.9	1.4	6.2	23.5	3.4	31.3	2.3	1.2	3.4	23.2	4.5	30.1
2022
Q1	5.7	9.0	2.7	-10.7	15.1	-18.6	5.9	9.4	2.5	-13.6	9.7	-20.5
Q2	6.5	11.1	2.1	8.0	12.3	6.2	2.9	9.3	-3.7	5.6	8.7	4.3
Q3	4.5	4.9	4.1	24.2	6.6	32.2	5.3	6.3	4.2	27.3	7.1	35.9
Q4	0.9	3.3	-1.7	-11.6	-2.4	-14.9	0.0	1.4	-1.6	-13.5	-5.1	-16.4
2023
Q1	-1.9	-5.6	2.3	-3.6	-8.3	-1.6	-2.1	-4.6	0.9	-2.2	4.4	-4.7
¹Chain linked series not additive