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Quarterly National Accounts Quarter 1 2026 Final

International Trade

Net Exports fell by 37.4% in Q1 2026

Online ISSN: 2009-5775

CSO statistical release, 02 July 2026, 11am

Table 4.1 Exports and Imports, Q1 2026¹
	Amount €m	Quarterly % change
Exports of Goods	78,397	-16.7
Exports of Services	126,952	-2.4
Imports of Goods	47,154	7.4
Imports of Services	119,985	0.6
Net Exports	38,210
¹Constant Market Prices, chain linked annually and referenced to year 2024 and seasonally adjusted

Open in Excel: Quarterly National Accounts Q1 2026 Table 4.1 (XLS 11KB)

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Total Exports decreased by 8.4% in Q1 2026 compared to Q4 2025. Total Imports grew by 2.4% over the same period which meant that overall net exports for the quarter were 37.4% lower.

See International Accounts for more detail on current price data.

	Exports (Goods)	Exports (Services)	Imports (Goods)	Imports (Services)	Net Exports
Q1 2024	75.4670682265	119.5051593418	-39.1233847856	-105.2040123586	50.6448304241
Q2 2024	79.6158656717	135.82765928	-39.6479520351	-110.5919273176	65.203645599
Q3 2024	84.0605902275	118.6620827756	-39.859582461	-109.1506696605	53.7124208816
Q4 2024	91.3633649624	119.7994339655	-35.4554569398	-111.7120747703	63.9952672178
Q1 2025	97.7434177205	125.8076379002	-40.8607442967	-125.1671335913	57.5231777327
Q2 2025	94.1771328158	125.0205563537	-40.4517761475	-113.3889659581	65.3569470639
Q3 2025	94.9917410893	124.3790526454	-44.5298441494	-119.1972340444	55.6437155409
Q4 2025	94.1348770072	130.0504660381	-43.9240282702	-119.256014488	61.0053002871
Q1 2026	78.3970552635	126.9518762443	-47.1542939074	-119.985109809	38.2095277914

Get the data: NAQ04

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

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
2020
Q1	131,539	61,048	70,491	152,908	24,851	128,057	147,141	60,758	86,575	174,465	28,768	145,818
Q2	121,390	56,811	64,579	84,378	22,487	61,892	140,051	58,220	81,879	96,296	25,710	70,421
Q3	128,691	61,310	67,381	86,317	23,787	62,529	151,597	64,522	86,609	100,438	27,755	72,488
Q4	152,083	63,442	88,641	130,534	29,041	101,493	175,054	67,771	109,066	153,776	35,314	118,334
	533,702	242,610	291,092	454,137	100,166	353,971	613,842	251,272	364,128	524,976	117,547	407,060
2021
Q1	139,419	67,552	71,867	87,834	25,379	62,455	157,880	73,874	82,486	99,138	28,532	70,664
Q2	147,451	67,598	79,853	98,024	27,698	70,326	172,492	73,648	98,650	111,160	30,668	80,530
Q3	154,990	71,815	83,175	100,441	26,794	73,647	176,330	74,734	101,513	112,081	29,001	83,079
Q4	169,809	73,691	96,118	138,086	32,369	105,717	187,808	75,328	113,279	154,220	34,391	119,718
	611,669	280,656	331,013	424,385	112,240	312,144	694,510	297,583	395,927	476,599	122,592	353,991
2022
Q1	164,845	78,380	86,465	109,231	32,152	77,079	179,148	82,353	95,821	120,313	34,748	85,416
Q2	176,848	85,329	91,519	125,067	37,517	87,550	191,646	86,848	103,917	134,934	38,552	96,231
Q3	190,143	94,696	95,447	132,436	38,181	94,256	202,365	94,300	106,802	139,765	37,679	102,015
Q4	194,597	96,381	98,217	144,869	41,803	103,066	204,871	94,922	108,740	152,933	41,748	111,087
	726,434	354,786	371,648	511,603	149,652	361,951	778,030	358,423	415,280	547,946	152,728	394,749
2023
Q1	181,696	89,007	92,690	126,396	34,915	91,481	187,380	90,769	95,096	131,174	35,262	95,888
Q2	175,154	74,612	100,541	129,933	37,725	92,209	184,318	76,468	107,720	135,509	39,003	96,306
Q3	175,031	70,703	104,328	125,521	34,519	91,002	185,229	72,055	113,552	129,941	35,388	94,499
Q4	185,538	71,923	113,615	162,185	42,399	119,785	191,216	71,052	120,907	166,798	42,466	124,466
	717,419	306,245	411,174	544,035	149,559	394,477	748,142	310,344	437,275	563,422	152,119	411,159
2024
Q1	186,619	76,697	109,922	133,798	37,217	96,581	188,023	76,654	111,304	135,403	37,462	97,884
Q2	213,635	79,175	134,460	148,441	39,921	108,521	214,435	79,273	135,491	148,992	39,953	109,007
Q3	200,883	82,218	118,665	145,709	38,383	107,326	202,721	83,042	119,590	145,752	38,568	107,166
Q4	223,419	92,303	131,116	162,689	37,801	124,888	219,377	91,424	127,779	160,490	37,338	123,259
	824,556	330,393	494,163	590,638	153,322	437,316	824,556	330,393	494,163	590,638	153,322	437,316
2025
Q1	222,160	102,452	119,708	159,412	40,221	119,190	219,117	101,353	117,763	156,582	39,420	117,162
Q2	216,176	88,988	127,188	155,030	40,393	114,636	216,072	91,840	124,232	152,654	40,764	111,890
Q3	215,190	87,487	127,703	162,920	42,816	120,104	218,579	93,683	124,896	160,608	43,409	117,199
Q4	231,228	88,514	142,714	181,379	46,218	135,161	232,796	94,368	138,428	177,581	46,133	131,448
	884,754	367,441	517,313	658,740	169,649	489,092	886,564	381,244	505,320	647,425	169,726	477,699
2026
Q1	204,199	77,281	126,919	163,973	46,448	117,526	200,474	81,293	119,180	156,842	45,648	111,194

Percentage change on corresponding period of previous year
2020
Q1	18.1	8.3	28.2	92.6	-4.6	140.0	17.9	12.4	24.1	92.3	1.1	137.0
Q2	4.7	6.9	2.9	-33.2	-14.3	-38.2	6.0	14.5	-1.1	-33.5	-13.5	-39.0
Q3	6.9	7.7	6.2	-0.4	-8.2	3.0	11.6	18.4	5.6	1.0	-4.9	4.1
Q4	17.3	8.2	24.8	-22.1	-2.0	-26.4	18.4	18.1	18.5	-18.6	6.3	-24.4
2021
Q1	6.0	10.7	2.0	-42.6	2.1	-51.2	7.3	21.6	-4.7	-43.2	-0.8	-51.5
Q2	21.5	19.0	23.7	16.2	23.2	13.6	23.2	26.5	20.5	15.4	19.3	14.4
Q3	20.4	17.1	23.4	16.4	12.6	17.8	16.3	15.8	17.2	11.6	4.5	14.6
Q4	11.7	16.2	8.4	5.8	11.5	4.2	7.3	11.1	3.9	0.3	-2.6	1.2
2022
Q1	18.2	16.0	20.3	24.4	26.7	23.4	13.5	11.5	16.2	21.4	21.8	20.9
Q2	19.9	26.2	14.6	27.6	35.4	24.5	11.1	17.9	5.3	21.4	25.7	19.5
Q3	22.7	31.9	14.8	31.9	42.5	28.0	14.8	26.2	5.2	24.7	29.9	22.8
Q4	14.6	30.8	2.2	4.9	29.1	-2.5	9.1	26.0	-4.0	-0.8	21.4	-7.2
2023
Q1	10.2	13.6	7.2	15.7	8.6	18.7	4.6	10.2	-0.8	9.0	1.5	12.3
Q2	-1.0	-12.6	9.9	3.9	0.6	5.3	-3.8	-12.0	3.7	0.4	1.2	0.1
Q3	-7.9	-25.3	9.3	-5.2	-9.6	-3.5	-8.5	-23.6	6.3	-7.0	-6.1	-7.4
Q4	-4.7	-25.4	15.7	12.0	1.4	16.2	-6.7	-25.1	11.2	9.1	1.7	12.0
2024
Q1	2.7	-13.8	18.6	5.9	6.6	5.6	0.3	-15.6	17.0	3.2	6.2	2.1
Q2	22.0	6.1	33.7	14.2	5.8	17.7	16.3	3.7	25.8	9.9	2.4	13.2
Q3	14.8	16.3	13.7	16.1	11.2	17.9	9.4	15.2	5.3	12.2	9.0	13.4
Q4	20.4	28.3	15.4	0.3	-10.8	4.3	14.7	28.7	5.7	-3.8	-12.1	-1.0
2025
Q1	19.0	33.6	8.9	19.1	8.1	23.4	16.5	32.2	5.8	15.6	5.2	19.7
Q2	1.2	12.4	-5.4	4.4	1.2	5.6	0.8	15.9	-8.3	2.5	2.0	2.6
Q3	7.1	6.4	7.6	11.8	11.5	11.9	7.8	12.8	4.4	10.2	12.6	9.4
Q4	3.5	-4.1	8.8	11.5	22.3	8.2	6.1	3.2	8.3	10.6	23.6	6.6
2026
Q1	-8.1	-24.6	6.0	2.9	15.5	-1.4	-8.5	-19.8	1.2	0.2	15.8	-5.1
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2026 Table 4.2 (XLS 22KB)

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

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
2020
Q1	134,390	59,848	74,541	157,502	25,261	132,241	152,855	59,272	95,115	179,672	29,946	149,739
Q2	123,449	58,875	64,574	85,556	22,577	62,979	141,354	60,085	80,884	97,715	25,684	71,815
Q3	129,609	61,292	68,317	88,657	24,751	63,906	151,813	64,866	86,419	104,029	29,390	74,360
Q4	146,212	62,700	83,512	120,120	26,217	93,904	167,872	67,279	101,529	142,487	32,524	109,765
	533,659	242,716	290,944	451,835	98,806	353,029	613,893	251,502	363,946	523,902	117,543	405,679
2021
Q1	141,682	65,923	75,760	93,984	27,113	66,871	162,953	71,792	90,531	104,706	29,861	74,926
Q2	150,266	70,060	80,206	99,326	27,686	71,641	174,141	75,804	97,853	112,791	30,569	82,254
Q3	156,211	71,942	84,269	103,365	27,808	75,556	176,249	75,087	101,011	116,152	30,567	85,588
Q4	163,048	72,962	90,086	125,693	28,909	96,784	180,062	75,227	104,988	141,771	31,785	109,801
	611,208	280,886	330,321	422,368	111,517	310,852	693,404	297,910	394,384	475,421	122,783	352,569
2022
Q1	166,889	76,133	90,756	116,269	33,831	82,439	184,635	79,791	104,491	127,391	36,497	90,767
Q2	180,593	88,439	92,154	126,328	37,359	88,969	193,688	89,152	103,479	136,453	38,286	98,056
Q3	191,978	95,306	96,672	135,883	39,202	96,681	202,308	94,866	106,118	144,338	39,459	104,792
Q4	187,542	95,399	92,143	132,712	39,489	93,224	197,869	95,113	101,169	139,547	38,958	100,481
	727,002	355,277	371,725	511,192	149,880	361,313	778,500	358,923	415,257	547,729	153,200	394,096
2023
Q1	183,079	86,039	97,040	134,368	36,292	98,076	191,621	87,738	102,883	139,438	36,942	102,525
Q2	178,865	77,369	101,496	131,041	37,564	93,477	186,367	78,331	107,804	136,758	38,700	97,919
Q3	177,018	71,629	105,388	129,307	36,208	93,099	185,032	72,747	112,587	133,437	36,792	96,576
Q4	177,851	70,971	106,879	148,651	38,873	109,778	183,738	71,123	113,032	153,862	40,001	113,943
	716,812	306,009	410,803	543,367	148,937	394,430	746,757	309,939	436,307	563,495	152,435	410,963
2024
Q1	190,723	75,832	114,890	142,520	38,848	103,672	194,843	75,467	119,505	144,354	39,123	105,204
Q2	215,637	80,064	135,573	149,029	39,174	109,855	215,121	79,616	135,828	150,248	39,648	110,592
Q3	203,544	83,737	119,807	148,919	39,436	109,484	202,855	84,061	118,662	149,028	39,860	109,151
Q4	214,398	90,873	123,525	150,277	36,629	113,648	211,482	91,363	119,799	147,115	35,455	111,712
	824,301	330,507	493,794	590,745	154,086	436,659	824,301	330,507	493,794	590,745	154,086	436,659
2025
Q1	223,118	98,183	124,936	168,207	41,356	126,851	223,551	97,743	125,808	166,028	40,861	125,167
Q2	221,071	92,660	128,411	156,404	40,404	116,000	219,198	94,177	125,021	153,841	40,452	113,389
Q3	218,510	89,430	129,081	166,855	44,537	122,319	219,371	94,992	124,379	163,727	44,530	119,197
Q4	221,320	86,974	134,347	168,125	44,907	123,218	224,185	94,135	130,050	163,180	43,924	119,256
	884,019	367,245	516,774	659,592	171,203	488,389	886,305	381,047	505,258	646,776	169,766	477,009
2026
Q1	206,397	73,878	132,519	173,712	47,696	126,016	205,349	78,397	126,952	167,139	47,154	119,985

Percentage change on previous quarter
2020
Q1	8.2	3.8	11.9	-1.3	-10.2	0.6	8.5	5.0	11.6	0.2	-2.2	0.3
Q2	-8.1	-1.6	-13.4	-45.7	-10.6	-52.4	-7.5	1.4	-15.0	-45.6	-14.2	-52.0
Q3	5.0	4.1	5.8	3.6	9.6	1.5	7.4	8.0	6.8	6.5	14.4	3.5
Q4	12.8	2.3	22.2	35.5	5.9	46.9	10.6	3.7	17.5	37.0	10.7	47.6
2021
Q1	-3.1	5.1	-9.3	-21.8	3.4	-28.8	-2.9	6.7	-10.8	-26.5	-8.2	-31.7
Q2	6.1	6.3	5.9	5.7	2.1	7.1	6.9	5.6	8.1	7.7	2.4	9.8
Q3	4.0	2.7	5.1	4.1	0.4	5.5	1.2	-0.9	3.2	3.0	-0.0	4.1
Q4	4.4	1.4	6.9	21.6	4.0	28.1	2.2	0.2	3.9	22.1	4.0	28.3
2022
Q1	2.4	4.3	0.7	-7.5	17.0	-14.8	2.5	6.1	-0.5	-10.1	14.8	-17.3
Q2	8.2	16.2	1.5	8.7	10.4	7.9	4.9	11.7	-1.0	7.1	4.9	8.0
Q3	6.3	7.8	4.9	7.6	4.9	8.7	4.5	6.4	2.6	5.8	3.1	6.9
Q4	-2.3	0.1	-4.7	-2.3	0.7	-3.6	-2.2	0.3	-4.7	-3.3	-1.3	-4.1
2023
Q1	-2.4	-9.8	5.3	1.2	-8.1	5.2	-3.2	-7.8	1.7	-0.1	-5.2	2.0
Q2	-2.3	-10.1	4.6	-2.5	3.5	-4.7	-2.7	-10.7	4.8	-1.9	4.8	-4.5
Q3	-1.0	-7.4	3.8	-1.3	-3.6	-0.4	-0.7	-7.1	4.4	-2.4	-4.9	-1.4
Q4	0.5	-0.9	1.4	15.0	7.4	17.9	-0.7	-2.2	0.4	15.3	8.7	18.0
2024
Q1	7.2	6.8	7.5	-4.1	-0.1	-5.6	6.0	6.1	5.7	-6.2	-2.2	-7.7
Q2	13.1	5.6	18.0	4.6	0.8	6.0	10.4	5.5	13.7	4.1	1.3	5.1
Q3	-5.6	4.6	-11.6	-0.1	0.7	-0.3	-5.7	5.6	-12.6	-0.8	0.5	-1.3
Q4	5.3	8.5	3.1	0.9	-7.1	3.8	4.3	8.7	1.0	-1.3	-11.0	2.3
2025
Q1	4.1	8.0	1.1	11.9	12.9	11.6	5.7	7.0	5.0	12.9	15.2	12.0
Q2	-0.9	-5.6	2.8	-7.0	-2.3	-8.6	-1.9	-3.6	-0.6	-7.3	-1.0	-9.4
Q3	-1.2	-3.5	0.5	6.7	10.2	5.4	0.1	0.9	-0.5	6.4	10.1	5.1
Q4	1.3	-2.7	4.1	0.8	0.8	0.7	2.2	-0.9	4.6	-0.3	-1.4	0.0
2026
Q1	-6.7	-15.1	-1.4	3.3	6.2	2.3	-8.4	-16.7	-2.4	2.4	7.4	0.6
¹Chain linked series not additive