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Quarterly National Accounts Quarter 2 2022

International Trade

Net Exports fell modestly by 1.8% (€0.9 bn) in Q2 2022

Online ISSN: 2009-5775

CSO statistical publication, 02 September 2022, 11am

Table 4.1 Exports and Imports, Q2 2022¹
	Amount €m	Quarterly % change
Exports of Goods	85,506	9.6
Exports of Services	73,437	-3.8
Imports of Goods	31,768	8.4
Imports of Services	75,216	4.2
Net Exports	51,959
¹Constant Market Prices, chain linked annually and referenced to year 2020 and seasonally adjusted.

Open in Excel: Quarterly National Accounts Q2 2022 Table 4.1 (XLS 10KB)

Total Exports increased by 3.0% in Q2 2022 compared with Q1 2022 while Total Imports grew at a faster rate of 5.5% which meant that overall net exports for the quarter were 1.8% lower in Q2 compared with Q1 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	57.322350021	61.937930407	-25.248029203	-117.36342004	-23.351168815
Q2 2020	57.234919112	56.611571362	-21.902668252	-56.145365906	35.798456316
Q3 2020	62.744157859	61.485322788	-25.08025136	-59.52212273	39.627106557
Q4 2020	65.416682025	74.183474585	-27.698259955	-92.531065699	19.370830956
Q1 2021	69.780810696	64.320472541	-25.240632871	-59.478138685	49.382511681
Q2 2021	71.729468911	69.127392926	-25.976974512	-65.597028252	49.282859073
Q3 2021	72.273144074	72.52307591	-26.265698557	-69.717618289	48.812903138
Q4 2021	72.525966299	74.06916789	-26.750595416	-91.222020991	28.622517782
Q1 2022	78.041341126	76.306378879	-29.294486682	-72.156124868	52.897108455
Q2 2022	85.506433269	73.437008877	-31.768182732	-75.216318812	51.958940602

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
2016
Q1	78,870	48,495	30,375	66,139	21,205	44,933	79,410	44,076	33,671	69,331	21,762	46,931
Q2	80,231	47,648	32,583	72,708	23,207	49,501	81,874	43,200	37,732	75,075	22,496	52,026
Q3	82,628	46,899	35,729	68,641	20,584	48,057	83,339	42,221	40,762	70,548	20,075	50,091
Q4	87,100	50,118	36,981	79,044	22,076	56,968	87,494	44,249	42,897	80,300	21,372	58,683
	328,828	193,160	135,668	286,532	87,072	199,460	332,117	173,746	155,063	295,254	85,705	207,730
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	148,831	79,833	68,998	97,956	28,424	69,532
Q2	166,840	85,130	81,710	114,784	36,048	78,736	159,285	85,045	74,240	106,703	31,822	74,882

Percentage change on corresponding period of previous year
2016
Q1	5.8	2.2	12.1	23.5	2.6	36.6	7.1	6.1	8.5	26.8	13.0	35.5
Q2	2.5	-1.0	8.1	22.3	9.2	29.6	6.3	6.1	6.8	26.2	18.9	30.1
Q3	0.7	-7.8	14.6	14.8	-2.6	24.4	2.5	-4.3	13.8	16.9	4.5	23.6
Q4	1.1	-6.9	14.4	8.8	-7.5	16.8	2.9	-3.9	14.2	9.1	-6.7	17.2
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	14.8	11.8	18.5	19.7	16.1	21.3
Q2	20.4	25.8	15.4	23.2	30.9	20.0	13.1	20.0	6.1	16.8	22.5	14.6
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q2 2022 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
2016
Q1	81,760	49,827	31,934	68,006	21,813	46,194	80,240	43,841	36,399	70,364	21,774	48,590
Q2	79,691	47,308	32,384	72,622	22,544	50,078	80,984	43,779	37,206	74,395	22,316	52,079
Q3	82,789	47,262	35,528	70,306	21,461	48,845	82,876	42,669	40,207	72,696	21,365	51,331
Q4	84,334	48,752	35,582	75,829	21,364	54,464	83,953	43,362	40,591	76,229	20,140	56,089
	328,575	193,148	135,427	286,763	87,182	199,581	328,054	173,651	154,403	293,685	85,596	208,089
2017
Q1	86,124	47,757	38,367	64,530	22,680	41,850	86,096	41,896	44,199	64,230	21,407	42,822
Q2	88,079	48,579	39,500	101,547	22,724	78,823	86,776	42,695	44,080	102,235	21,730	80,505
Q3	89,396	49,279	40,117	63,089	21,742	41,347	90,014	45,313	44,701	63,098	20,719	42,379
Q4	96,474	52,184	44,289	64,770	21,183	43,587	99,715	50,516	49,198	67,386	20,511	46,875
	360,073	197,799	162,273	293,936	88,329	205,607	362,600	180,421	182,179	296,949	84,368	212,581
2018
Q1	94,884	51,276	43,608	64,814	22,294	42,520	94,197	46,241	47,956	64,991	21,331	43,660
Q2	99,032	52,893	46,139	71,146	24,426	46,719	99,217	50,183	49,033	70,194	22,950	47,245
Q3	101,373	52,844	48,528	74,855	26,761	48,094	100,009	48,544	51,464	73,036	23,912	49,124
Q4	105,393	54,853	50,540	96,446	27,772	68,674	105,246	51,310	53,936	95,356	25,610	69,746
	400,681	211,866	188,815	307,261	101,254	206,007	398,668	196,279	202,389	303,577	93,803	209,774
2019
Q1	108,632	55,972	52,661	78,325	26,621	51,704	107,321	51,449	55,872	77,058	24,891	52,167
Q2	112,289	55,017	57,272	123,625	26,911	96,714	109,390	50,481	58,909	120,529	25,252	95,277
Q3	116,020	57,077	58,943	85,695	26,933	58,762	113,222	53,386	59,835	84,794	26,448	58,346
Q4	118,773	58,035	60,739	157,178	27,315	129,863	117,416	55,061	62,355	152,638	26,060	126,578
	455,715	226,100	229,614	444,823	107,779	337,044	447,349	210,377	236,972	435,020	102,651	332,369
2020
Q1	120,258	60,186	60,071	144,802	25,414	119,387	119,260	57,322	61,938	142,611	25,248	117,363
Q2	115,712	58,347	57,365	80,489	22,965	57,524	113,846	57,235	56,612	78,048	21,903	56,145
Q3	121,846	60,916	60,930	82,846	24,632	58,214	124,229	62,744	61,485	84,602	25,080	59,522
Q4	138,560	63,033	75,526	115,156	25,901	89,255	139,600	65,417	74,183	120,229	27,698	92,531
	496,375	242,482	253,893	423,292	98,912	324,380	496,936	242,718	254,218	425,491	99,929	325,562
2021
Q1	132,987	66,729	66,258	89,022	27,103	61,919	134,101	69,781	64,320	84,719	25,241	59,478
Q2	141,397	69,304	72,093	94,949	27,634	67,315	140,857	71,729	69,127	91,574	25,977	65,597
Q3	146,982	71,100	75,882	98,683	27,815	70,868	144,796	72,273	72,523	95,983	26,266	69,718
Q4	150,843	72,363	78,480	121,759	28,851	92,908	146,595	72,526	74,069	117,973	26,751	91,222
	572,210	279,497	292,713	404,413	111,403	293,010	566,349	286,309	280,040	390,249	104,234	286,015
2022
Q1	158,978	77,482	81,496	108,327	31,823	76,504	154,348	78,041	76,306	101,451	29,294	72,156
Q2	170,285	86,839	83,446	116,511	35,652	80,858	158,943	85,506	73,437	106,985	31,768	75,216

Percentage change on previous quarter
2016
Q1	-2.5	-5.2	2.2	-0.6	-1.6	-0.1	-1.2	-3.6	1.9	1.1	-0.3	1.8
Q2	-2.5	-5.1	1.4	6.8	3.4	8.4	0.9	-0.1	2.2	5.7	2.5	7.2
Q3	3.9	-0.1	9.7	-3.2	-4.8	-2.5	2.3	-2.5	8.1	-2.3	-4.3	-1.4
Q4	1.9	3.2	0.2	7.9	-0.4	11.5	1.3	1.6	1.0	4.9	-5.7	9.3
2017
Q1	2.1	-2.0	7.8	-14.9	6.2	-23.2	2.6	-3.4	8.9	-15.7	6.3	-23.7
Q2	2.3	1.7	3.0	57.4	0.2	88.3	0.8	1.9	-0.3	59.2	1.5	88.0
Q3	1.5	1.4	1.6	-37.9	-4.3	-47.5	3.7	6.1	1.4	-38.3	-4.7	-47.4
Q4	7.9	5.9	10.4	2.7	-2.6	5.4	10.8	11.5	10.1	6.8	-1.0	10.6
2018
Q1	-1.6	-1.7	-1.5	0.1	5.2	-2.4	-5.5	-8.5	-2.5	-3.6	4.0	-6.9
Q2	4.4	3.2	5.8	9.8	9.6	9.9	5.3	8.5	2.2	8.0	7.6	8.2
Q3	2.4	-0.1	5.2	5.2	9.6	2.9	0.8	-3.3	5.0	4.0	4.2	4.0
Q4	4.0	3.8	4.1	28.8	3.8	42.8	5.2	5.7	4.8	30.6	7.1	42.0
2019
Q1	3.1	2.0	4.2	-18.8	-4.1	-24.7	2.0	0.3	3.6	-19.2	-2.8	-25.2
Q2	3.4	-1.7	8.8	57.8	1.1	87.1	1.9	-1.9	5.4	56.4	1.4	82.6
Q3	3.3	3.7	2.9	-30.7	0.1	-39.2	3.5	5.8	1.6	-29.6	4.7	-38.8
Q4	2.4	1.7	3.0	83.4	1.4	121.0	3.7	3.1	4.2	80.0	-1.5	116.9
2020
Q1	1.2	3.7	-1.1	-7.9	-7.0	-8.1	1.6	4.1	-0.7	-6.6	-3.1	-7.3
Q2	-3.8	-3.1	-4.5	-44.4	-9.6	-51.8	-4.5	-0.2	-8.6	-45.3	-13.2	-52.2
Q3	5.3	4.4	6.2	2.9	7.3	1.2	9.1	9.6	8.6	8.4	14.5	6.0
Q4	13.7	3.5	24.0	39.0	5.2	53.3	12.4	4.3	20.7	42.1	10.4	55.5
2021
Q1	-4.0	5.9	-12.3	-22.7	4.6	-30.6	-3.9	6.7	-13.3	-29.5	-8.9	-35.7
Q2	6.3	3.9	8.8	6.7	2.0	8.7	5.0	2.8	7.5	8.1	2.9	10.3
Q3	4.0	2.6	5.3	3.9	0.7	5.3	2.8	0.8	4.9	4.8	1.1	6.3
Q4	2.6	1.8	3.4	23.4	3.7	31.1	1.2	0.3	2.1	22.9	1.8	30.8
2022
Q1	5.4	7.1	3.8	-11.0	10.3	-17.7	5.3	7.6	3.0	-14.0	9.5	-20.9
Q2	7.1	12.1	2.4	7.6	12.0	5.7	3.0	9.6	-3.8	5.5	8.4	4.2
¹Chain linked series not additive