You are here: Home / Statistics / Quarterly National Accounts Quarter 1 2025 Provisional / International Trade

Quarterly National Accounts Quarter 1 2025 Provisional

International Trade

Net Exports grew by 12.4% (€7.4 bn) in Q1 2025

Online ISSN: 2009-5775

CSO statistical release, 05 June 2025, 11am

Table 4.1 Exports and Imports, Q1 2025¹
	Amount €m	Quarterly % change
Exports of Goods	104,858	14.8
Exports of Services	107,621	4.5
Imports of Goods	40,441	12.2
Imports of Services	105,008	6.4
Net Exports	67,031
¹Constant Market Prices, chain linked annually and referenced to year 2022 and seasonally adjusted

Open in Excel: Quarterly National Accounts Q1 2025 Table 4.1 (XLS 11KB)

Total Exports increased by 9.4% in Q1 2025 compared with Q4 2024 while Total Imports rose by 8.0% which meant that overall net exports for the quarter were 12.4% higher in Q1 compared with Q4 2024 or €7.4 billion higher 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 2022	78.3882898517	89.7549590752	-35.4773024838	-77.1912394998	55.4747069433
Q2 2022	87.9312401566	88.6815808066	-37.1517559623	-85.8108201651	53.6502448358
Q3 2022	93.9964396364	90.8292047047	-38.912539023	-92.905203034	53.0079022841
Q4 2022	95.1017410831	88.1878993303	-38.232787413	-91.13596828	53.9208847204
Q1 2023	87.2139310024	86.6505640503	-36.1846916466	-86.0089590529	51.6708443532
Q2 2023	76.3569276609	89.9832840556	-38.0322235293	-84.064062836	44.2439253512
Q3 2023	72.0526906013	93.9347060052	-36.5517913043	-85.1723134217	44.2632918805
Q4 2023	69.8048650962	93.941964326	-38.3053290835	-98.9658190435	26.4756812952
Q1 2024	72.9206039307	101.5348168305	-39.3835805867	-89.4629119625	45.608928212
Q2 2024	80.1655655228	116.8704719578	-39.9138836345	-94.7047207384	62.4174331077
Q3 2024	83.1510657142	100.6809480243	-42.3230216834	-95.5292104671	45.979781588
Q4 2024	91.3638380331	102.9397284198	-36.0345601942	-98.6495207852	59.6194854735
Q1 2025	104.8582419447	107.6209122103	-40.440829978	-105.0075103557	67.0308138213

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
2019
Q1	108,477	56,381	52,096	76,493	26,043	50,450	112,066	52,572	59,001	80,963	27,883	52,740
Q2	111,979	53,154	58,825	122,377	26,238	96,140	117,560	49,434	69,260	129,724	29,109	100,165
Q3	116,702	56,947	59,754	82,946	25,912	57,034	121,420	53,002	69,027	88,180	28,600	59,221
Q4	125,697	58,611	67,087	163,592	29,635	133,956	132,238	55,775	77,690	170,566	32,551	137,459
	462,855	225,093	237,761	445,408	107,828	337,580	483,284	210,783	274,977	469,434	118,143	349,584
2020
Q1	127,340	61,048	66,293	148,710	24,851	123,859	131,570	59,071	72,776	157,250	28,189	127,865
Q2	117,291	56,811	60,480	80,280	22,487	57,793	124,951	56,604	68,492	84,859	25,192	59,568
Q3	124,725	61,310	63,415	82,350	23,787	58,563	135,741	62,731	72,876	88,835	27,196	61,582
Q4	148,393	63,442	84,951	126,844	29,041	97,803	157,759	65,890	93,362	138,570	34,603	103,449
	517,749	242,610	275,139	438,184	100,166	338,017	550,020	244,296	307,506	469,514	115,180	352,463
2021
Q1	136,085	67,552	68,533	84,500	25,379	59,121	142,652	71,849	70,332	88,678	27,957	60,946
Q2	143,894	67,598	76,296	94,467	27,698	66,769	155,256	71,316	84,185	99,189	30,051	69,275
Q3	151,549	71,815	79,734	97,000	26,794	70,205	158,998	72,350	86,973	100,257	28,417	71,797
Q4	166,177	73,691	92,486	134,454	32,369	102,086	170,473	73,808	97,427	140,320	33,698	105,995
	597,705	280,656	317,050	410,421	112,240	298,181	627,379	289,322	338,917	428,443	120,123	308,012
2022
Q1	161,246	78,380	82,866	105,633	32,152	73,481	162,832	80,683	82,165	108,599	34,048	74,598
Q2	172,875	85,329	87,547	121,094	37,517	83,577	174,701	85,800	88,947	121,866	37,776	84,128
Q3	185,899	94,696	91,203	128,192	38,181	90,012	185,324	93,898	91,369	126,439	36,921	89,479
Q4	192,016	96,381	95,636	142,288	41,803	100,485	189,180	94,404	94,771	140,303	40,908	99,349
	712,038	354,786	357,252	497,207	149,652	347,555	712,038	354,786	357,252	497,207	149,652	347,555
2023
Q1	175,488	88,961	86,527	120,672	35,197	85,475	169,567	89,924	79,643	117,374	34,826	82,548
Q2	167,711	74,136	93,575	124,742	38,351	86,391	164,597	74,825	89,772	121,501	38,846	82,655
Q3	168,714	71,383	97,332	121,109	34,540	86,569	166,703	71,855	94,848	116,814	34,691	82,123
Q4	176,819	71,200	105,619	154,433	41,533	112,899	169,742	69,051	100,691	147,538	40,755	106,783
	688,732	305,679	383,052	520,955	149,620	371,334	670,610	305,655	364,955	503,226	149,117	354,109
2024
Q1	176,068	75,526	100,543	127,960	36,711	91,249	168,996	75,362	93,634	123,508	37,968	85,541
Q2	204,419	79,293	125,126	140,400	39,760	100,640	195,076	78,705	116,371	134,281	40,901	93,380
Q3	192,332	82,468	109,865	138,641	38,652	99,989	184,724	82,816	101,909	132,498	40,167	92,331
Q4	214,421	92,112	122,309	155,175	37,667	117,509	200,112	90,168	109,944	145,623	38,176	107,446
	787,240	329,398	457,842	562,176	152,790	409,387	748,909	327,051	421,858	535,910	157,213	378,697
2025
Q1	224,274	113,079	111,195	150,465	38,860	111,604	208,309	108,627	99,682	139,978	39,090	100,888

Percentage change on corresponding period of previous year
2019
Q1	15.3	12.4	18.7	20.4	18.9	21.2	12.5	11.8	13.6	17.9	15.9	18.8
Q2	10.9	1.5	21.2	71.4	7.2	104.8	9.1	0.8	18.0	68.8	9.8	100.2
Q3	11.8	8.5	15.1	11.5	2.1	16.4	10.4	10.1	10.5	13.1	10.8	14.2
Q4	11.9	4.9	18.8	57.9	-3.0	83.3	10.2	6.4	13.8	54.6	2.2	76.4
2020
Q1	17.4	8.3	27.3	94.4	-4.6	145.5	17.4	12.4	23.3	94.2	1.1	142.4
Q2	4.7	6.9	2.8	-34.4	-14.3	-39.9	6.3	14.5	-1.1	-34.6	-13.5	-40.5
Q3	6.9	7.7	6.1	-0.7	-8.2	2.7	11.8	18.4	5.6	0.7	-4.9	4.0
Q4	18.1	8.2	26.6	-22.5	-2.0	-27.0	19.3	18.1	20.2	-18.8	6.3	-24.7
2021
Q1	6.9	10.7	3.4	-43.2	2.1	-52.3	8.4	21.6	-3.4	-43.6	-0.8	-52.3
Q2	22.7	19.0	26.1	17.7	23.2	15.5	24.3	26.0	22.9	16.9	19.3	16.3
Q3	21.5	17.1	25.7	17.8	12.6	19.9	17.1	15.3	19.3	12.9	4.5	16.6
Q4	12.0	16.2	8.9	6.0	11.5	4.4	8.1	12.0	4.4	1.3	-2.6	2.5
2022
Q1	18.5	16.0	20.9	25.0	26.7	24.3	14.1	12.3	16.8	22.5	21.8	22.4
Q2	20.1	26.2	14.7	28.2	35.4	25.2	12.5	20.3	5.7	22.9	25.7	21.4
Q3	22.7	31.9	14.4	32.2	42.5	28.2	16.6	29.8	5.1	26.1	29.9	24.6
Q4	15.5	30.8	3.4	5.8	29.1	-1.6	11.0	27.9	-2.7	-0.0	21.4	-6.3
2023
Q1	8.8	13.5	4.4	14.2	9.5	16.3	4.1	11.5	-3.1	8.1	2.3	10.7
Q2	-3.0	-13.1	6.9	3.0	2.2	3.4	-5.8	-12.8	0.9	-0.3	2.8	-1.8
Q3	-9.2	-24.6	6.7	-5.5	-9.5	-3.8	-10.0	-23.5	3.8	-7.6	-6.0	-8.2
Q4	-7.9	-26.1	10.4	8.5	-0.6	12.4	-10.3	-26.9	6.2	5.2	-0.4	7.5
2024
Q1	0.3	-15.1	16.2	6.0	4.3	6.8	-0.3	-16.2	17.6	5.2	9.0	3.6
Q2	21.9	7.0	33.7	12.6	3.7	16.5	18.5	5.2	29.6	10.5	5.3	13.0
Q3	14.0	15.5	12.9	14.5	11.9	15.5	10.8	15.3	7.4	13.4	15.8	12.4
Q4	21.3	29.4	15.8	0.5	-9.3	4.1	17.9	30.6	9.2	-1.3	-6.3	0.6
2025
Q1	27.4	49.7	10.6	17.6	5.9	22.3	23.3	44.1	6.5	13.3	3.0	17.9
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2025 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
2019
Q1	110,567	55,503	55,064	77,536	26,407	51,129	115,989	51,636	64,353	82,685	28,697	53,988
Q2	113,876	55,060	58,816	123,534	26,372	97,162	119,224	50,863	68,361	130,290	28,979	101,310
Q3	117,124	56,985	60,138	86,025	26,940	59,085	122,308	53,495	68,814	91,824	30,331	61,493
Q4	120,831	57,649	63,182	158,914	28,216	130,697	127,295	54,950	72,346	162,536	30,002	132,534
	462,397	225,197	237,200	446,009	107,935	338,074	484,817	210,944	273,873	467,334	118,009	349,325
2020
Q1	129,862	59,880	69,981	149,406	25,194	124,211	137,223	57,736	79,487	158,289	29,206	129,083
Q2	119,505	58,866	60,638	81,442	22,550	58,893	125,920	58,297	67,623	86,260	25,048	61,212
Q3	125,207	61,217	63,990	84,935	24,711	60,224	135,711	63,038	72,673	92,833	28,745	64,089
Q4	142,994	62,757	80,237	120,282	26,262	94,020	152,461	65,464	86,998	129,489	31,937	97,552
	517,567	242,721	274,846	436,064	98,717	337,348	551,316	244,535	306,781	466,872	114,936	351,936
2021
Q1	138,233	66,027	72,206	88,371	26,924	61,447	147,004	69,987	77,017	91,815	29,073	62,742
Q2	146,802	69,948	76,854	95,871	27,648	68,223	156,905	73,314	83,591	100,600	29,756	70,844
Q3	152,188	71,720	80,468	100,951	27,882	73,069	159,191	72,505	86,686	104,671	29,975	74,696
Q4	159,931	73,261	86,669	125,350	29,022	96,328	164,403	73,888	90,515	129,874	31,242	98,633
	597,154	280,956	316,198	410,543	111,476	299,067	627,502	289,694	337,808	426,960	120,046	306,914
2022
Q1	163,445	76,338	87,107	109,767	33,549	76,218	168,143	78,388	89,755	112,669	35,477	77,191
Q2	176,397	87,980	88,417	122,531	37,235	85,297	176,613	87,931	88,682	122,963	37,152	85,811
Q3	186,908	94,860	92,048	131,558	39,552	92,006	184,826	93,996	90,829	131,818	38,913	92,905
Q4	185,816	96,262	89,554	133,632	39,583	94,049	183,290	95,102	88,188	129,369	38,233	91,136
	712,566	355,439	357,127	497,488	149,918	347,570	712,871	355,418	357,454	496,818	149,774	347,043
2023
Q1	177,130	86,281	90,849	126,614	36,351	90,263	173,864	87,214	86,651	122,194	36,185	86,009
Q2	170,851	76,107	94,744	125,942	37,925	88,017	166,340	76,357	89,983	122,096	38,032	84,064
Q3	169,898	71,884	98,014	126,397	36,619	89,777	165,987	72,053	93,935	121,724	36,552	85,172
Q4	170,326	71,312	99,014	140,626	37,998	102,628	163,747	69,805	93,942	137,271	38,305	98,966
	688,206	305,585	382,621	519,578	148,893	370,685	669,939	305,428	364,511	503,285	149,074	354,211
2024
Q1	180,520	74,968	105,552	133,159	38,254	94,906	174,455	72,921	101,535	128,846	39,384	89,463
Q2	205,453	78,970	126,484	140,594	38,699	101,895	197,036	80,166	116,870	134,619	39,914	94,705
Q3	193,874	83,408	110,467	143,886	40,254	103,632	183,832	83,151	100,681	137,852	42,323	95,529
Q4	207,414	92,490	114,925	146,561	36,246	110,315	194,304	91,364	102,940	134,684	36,035	98,650
	787,263	329,835	457,427	564,200	153,452	410,748	749,627	327,601	422,026	536,001	157,655	378,346
2025
Q1	225,223	108,668	116,556	154,493	40,180	114,313	212,479	104,858	107,621	145,448	40,441	105,008

Percentage change on previous quarter
2019
Q1	2.2	1.6	2.9	-21.1	-6.3	-27.1	0.6	0.6	0.6	-20.5	-2.6	-27.5
Q2	3.0	-0.8	6.8	59.3	-0.1	90.0	2.8	-1.5	6.2	57.6	1.0	87.7
Q3	2.9	3.5	2.2	-30.4	2.2	-39.2	2.6	5.2	0.7	-29.5	4.7	-39.3
Q4	3.2	1.2	5.1	84.7	4.7	121.2	4.1	2.7	5.1	77.0	-1.1	115.5
2020
Q1	7.5	3.9	10.8	-6.0	-10.7	-5.0	7.8	5.1	9.9	-2.6	-2.7	-2.6
Q2	-8.0	-1.7	-13.4	-45.5	-10.5	-52.6	-8.2	1.0	-14.9	-45.5	-14.2	-52.6
Q3	4.8	4.0	5.5	4.3	9.6	2.3	7.8	8.1	7.5	7.6	14.8	4.7
Q4	14.2	2.5	25.4	41.6	6.3	56.1	12.3	3.8	19.7	39.5	11.1	52.2
2021
Q1	-3.3	5.2	-10.0	-26.5	2.5	-34.6	-3.6	6.9	-11.5	-29.1	-9.0	-35.7
Q2	6.2	5.9	6.4	8.5	2.7	11.0	6.7	4.8	8.5	9.6	2.3	12.9
Q3	3.7	2.5	4.7	5.3	0.8	7.1	1.5	-1.1	3.7	4.0	0.7	5.4
Q4	5.1	2.1	7.7	24.2	4.1	31.8	3.3	1.9	4.4	24.1	4.2	32.0
2022
Q1	2.2	4.2	0.5	-12.4	15.6	-20.9	2.3	6.1	-0.8	-13.2	13.6	-21.7
Q2	7.9	15.2	1.5	11.6	11.0	11.9	5.0	12.2	-1.2	9.1	4.7	11.2
Q3	6.0	7.8	4.1	7.4	6.2	7.9	4.7	6.9	2.4	7.2	4.7	8.3
Q4	-0.6	1.5	-2.7	1.6	0.1	2.2	-0.8	1.2	-2.9	-1.9	-1.7	-1.9
2023
Q1	-4.7	-10.4	1.4	-5.3	-8.2	-4.0	-5.1	-8.3	-1.7	-5.5	-5.4	-5.6
Q2	-3.5	-11.8	4.3	-0.5	4.3	-2.5	-4.3	-12.4	3.8	-0.1	5.1	-2.3
Q3	-0.6	-5.5	3.5	0.4	-3.4	2.0	-0.2	-5.6	4.4	-0.3	-3.9	1.3
Q4	0.3	-0.8	1.0	11.3	3.8	14.3	-1.3	-3.1	0.0	12.8	4.8	16.2
2024
Q1	6.0	5.1	6.6	-5.3	0.7	-7.5	6.5	4.5	8.1	-6.1	2.8	-9.6
Q2	13.8	5.3	19.8	5.6	1.2	7.4	12.9	9.9	15.1	4.5	1.3	5.9
Q3	-5.6	5.6	-12.7	2.3	4.0	1.7	-6.7	3.7	-13.9	2.4	6.0	0.9
Q4	7.0	10.9	4.0	1.9	-10.0	6.4	5.7	9.9	2.2	-2.3	-14.9	3.3
2025
Q1	8.6	17.5	1.4	5.4	10.9	3.6	9.4	14.8	4.5	8.0	12.2	6.4
¹Chain linked series not additive