You are here: Home / Statistics / Quarterly National Accounts Quarter 4 2025 / International Trade

Quarterly National Accounts Quarter 4 2025

International Trade

Net Exports fell by 9.0% in Q4 2025

Online ISSN: 2009-5775

CSO statistical release, 05 March 2026, 11am

Table 4.1 Exports and Imports, Q4 2025¹
.	Amount €m	Quarterly % change
Exports of Goods	91,375	-11.5
Exports of Services	116,474	4.0
Imports of Goods	42,804	-1.3
Imports of Services	110,852	-1.3
Net Exports	54,192
¹Constant Market Prices, chain linked annually and referenced to year 2023 and seasonally adjusted

Open in Excel: Quarterly National Accounts Q4 2025 Table 4.1 (XLS 11KB)

Total Exports decreased by 3.4% in Q4 2025 compared to Q3 2025. Total Imports fell by 1.3% over the same period which meant that overall net exports for the quarter were 9.0% lower.

See International Accounts for more detail on current price data.

	Exports (Goods)	Exports (Services)	Imports (Goods)	Imports (Services)	Net Exports
Q1 2023	87.2939772506	97.4602549299	-36.4150396423	-97.7971822313	50.5420103069
Q2 2023	77.2059329719	101.5114875051	-37.815978368	-93.0874122572	47.8140298518
Q3 2023	70.9227256438	105.8834690126	-35.3845643768	-92.9062423164	48.5153879632
Q4 2023	69.8527358503	104.9109901313	-39.2070317788	-107.7528487798	27.803845423
Q1 2024	74.2483779373	110.2562828315	-38.1108424142	-97.0086649668	49.3851533878
Q2 2024	77.627174739	125.4974078386	-38.6511268484	-102.8633245921	61.6101311371
Q3 2024	81.0893395372	109.0752829029	-38.3999296626	-101.7973933188	49.9672994587
Q4 2024	90.1483895253	110.2085517803	-34.3399681449	-104.26161191	61.7553612507
Q1 2025	106.6529054738	113.2403480372	-39.5530417541	-117.9469908801	62.3932208768
Q2 2025	97.3110844106	112.7601031223	-35.6562896441	-105.3563174314	69.0585804574
Q3 2025	103.2502353546	111.9540095051	-43.3791435165	-112.2647956806	59.5603056626
Q4 2025	91.3746913427	116.4738341261	-42.8042927531	-110.8521589676	54.1920737481

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
2019
Q1	111,388	56,381	55,006	79,404	26,043	53,360	119,577	53,358	65,513	87,655	27,978	59,064
Q2	115,920	53,154	62,766	126,318	26,238	100,081	126,589	50,174	77,795	139,938	29,207	110,756
Q3	120,395	56,947	63,448	86,639	25,912	60,728	130,197	53,795	77,083	96,097	28,696	66,857
Q4	129,630	58,611	71,020	167,525	29,635	137,889	141,708	56,610	86,494	182,481	32,661	150,206
	477,333	225,093	252,240	459,886	107,828	352,058	518,072	213,937	306,884	506,170	118,542	386,884
2020
Q1	131,539	61,048	70,491	152,908	24,851	128,057	141,019	59,955	81,331	168,534	28,284	139,998
Q2	121,390	56,811	64,579	84,378	22,487	61,892	134,224	57,451	76,919	93,023	25,277	67,610
Q3	128,691	61,310	67,381	86,317	23,787	62,529	145,290	63,670	81,362	97,023	27,288	69,594
Q4	152,083	63,442	88,641	130,534	29,041	101,493	167,772	66,876	102,460	148,549	34,719	113,611
	533,702	242,610	291,092	454,137	100,166	353,971	588,306	247,953	342,072	507,130	115,569	390,814
2021
Q1	139,419	67,552	71,867	87,834	25,379	62,455	151,312	72,898	77,490	95,768	28,051	67,844
Q2	147,451	67,598	79,853	98,024	27,698	70,326	165,316	72,675	92,674	107,381	30,152	77,316
Q3	154,990	71,815	83,175	100,441	26,794	73,647	168,994	73,747	95,364	108,271	28,513	79,763
Q4	169,809	73,691	96,118	138,086	32,369	105,717	179,995	74,333	106,417	148,978	33,812	114,940
	611,669	280,656	331,013	424,385	112,240	312,144	665,618	293,652	371,945	460,398	120,529	339,863
2022
Q1	164,845	78,380	86,465	109,231	32,152	77,079	171,695	81,265	90,017	116,224	34,163	82,007
Q2	176,848	85,329	91,519	125,067	37,517	87,550	183,674	85,701	97,622	130,347	37,903	92,390
Q3	190,143	94,696	95,447	132,436	38,181	94,256	193,947	93,054	100,333	135,014	37,045	97,944
Q4	194,597	96,381	98,217	144,869	41,803	103,066	196,348	93,668	102,153	147,734	41,046	106,653
	726,434	354,786	371,648	511,603	149,652	361,951	745,664	353,688	390,125	529,319	150,157	378,994
2023
Q1	181,962	89,007	92,955	125,295	34,915	90,380	179,969	89,570	89,729	125,691	34,669	91,026
Q2	175,240	74,612	100,627	129,369	37,725	91,644	176,799	75,458	101,348	130,282	38,346	91,834
Q3	175,189	70,703	104,486	126,010	34,519	91,491	177,765	71,104	106,921	125,779	34,792	90,985
Q4	184,003	71,923	112,080	160,443	42,399	118,044	181,860	70,114	112,150	159,366	41,751	117,714
	716,393	306,245	410,148	541,118	149,559	391,559	716,393	306,245	410,148	541,118	149,559	391,559
2024
Q1	182,806	75,539	107,267	128,870	36,479	92,391	176,666	74,502	102,164	126,031	36,101	89,931
Q2	210,064	78,223	131,842	144,962	39,644	105,318	202,325	77,287	125,039	140,600	39,008	101,592
Q3	197,367	81,402	115,965	143,029	38,492	104,538	191,224	81,134	110,090	138,150	38,026	100,124
Q4	220,100	92,206	127,893	158,232	37,202	121,030	207,556	90,124	117,432	150,871	36,128	114,743
	810,337	327,370	482,967	575,093	151,817	423,276	777,771	323,046	454,725	555,653	149,262	406,391
2025
Q1	228,342	113,079	115,263	154,498	38,860	115,638	214,568	109,061	105,507	147,909	37,472	110,437
Q2	217,731	94,591	123,140	146,860	36,160	110,700	207,265	95,173	112,092	139,972	35,884	104,088
Q3	222,554	98,862	123,692	161,012	43,464	117,548	216,071	103,275	112,796	153,975	43,363	110,611
Q4	225,956	87,856	138,100	175,626	45,622	130,004	215,397	91,316	124,081	166,468	44,778	121,690
	894,583	394,389	500,194	637,995	164,106	473,889	853,300	398,825	454,476	608,324	161,498	446,826

Percentage change on corresponding period of previous year
2019
Q1	15.1	12.4	18.0	19.9	18.9	20.4	12.2	11.8	12.9	17.2	15.9	17.9
Q2	11.8	1.5	22.3	70.3	7.2	101.3	9.9	0.8	19.1	67.8	9.8	96.9
Q3	12.4	8.5	16.2	12.4	2.1	17.5	10.9	10.1	11.5	13.7	10.8	15.1
Q4	13.1	4.9	20.9	58.2	-3.0	83.0	11.2	6.4	15.7	54.7	2.2	75.8
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	10.4	13.6	7.5	14.7	8.6	17.3	4.8	10.2	-0.3	8.1	1.5	11.0
Q2	-0.9	-12.6	10.0	3.4	0.6	4.7	-3.7	-12.0	3.8	-0.1	1.2	-0.6
Q3	-7.9	-25.3	9.5	-4.9	-9.6	-2.9	-8.3	-23.6	6.6	-6.8	-6.1	-7.1
Q4	-5.4	-25.4	14.1	10.8	1.4	14.5	-7.4	-25.1	9.8	7.9	1.7	10.4
2024
Q1	0.5	-15.1	15.4	2.9	4.5	2.2	-1.8	-16.8	13.9	0.3	4.1	-1.2
Q2	19.9	4.8	31.0	12.1	5.1	14.9	14.4	2.4	23.4	7.9	1.7	10.6
Q3	12.7	15.1	11.0	13.5	11.5	14.3	7.6	14.1	3.0	9.8	9.3	10.0
Q4	19.6	28.2	14.1	-1.4	-12.3	2.5	14.1	28.5	4.7	-5.3	-13.5	-2.5
2025
Q1	24.9	49.7	7.5	19.9	6.5	25.2	21.5	46.4	3.3	17.4	3.8	22.8
Q2	3.6	20.9	-6.6	1.3	-8.8	5.1	2.4	23.1	-10.4	-0.4	-8.0	2.5
Q3	12.8	21.4	6.7	12.6	12.9	12.4	13.0	27.3	2.5	11.5	14.0	10.5
Q4	2.7	-4.7	8.0	11.0	22.6	7.4	3.8	1.3	5.7	10.3	23.9	6.1
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q4 2025 Table 4.2 (XLS 23KB)

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 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
2019
Q1	113,330	55,275	58,055	82,464	26,434	56,031	123,923	52,265	71,914	91,273	28,733	61,891
Q2	117,127	54,699	62,428	127,104	26,408	100,696	127,079	51,296	76,810	141,192	28,988	112,185
Q3	120,659	56,687	63,973	89,114	26,986	62,127	130,338	53,954	76,992	99,568	30,293	68,634
Q4	125,378	58,176	67,202	160,628	28,203	132,425	135,300	55,845	80,140	172,629	29,892	143,068
	476,494	224,835	251,659	459,310	108,031	351,279	516,639	213,361	305,855	504,663	117,906	385,778
2020
Q1	133,012	58,741	74,271	156,879	25,304	131,575	146,796	58,622	89,467	173,356	29,277	143,813
Q2	123,034	58,549	64,486	85,354	22,565	62,789	135,074	58,818	76,078	94,381	25,075	69,104
Q3	129,425	61,440	67,985	88,652	24,694	63,958	145,344	63,792	81,218	100,237	28,681	71,329
Q4	147,468	63,290	84,178	120,774	26,125	94,650	160,713	66,102	95,488	137,088	31,749	105,075
	532,939	242,020	290,919	451,659	98,687	352,972	587,927	247,335	342,251	505,063	114,782	389,321
2021
Q1	142,248	66,741	75,507	93,379	27,162	66,217	156,746	71,187	85,208	101,264	29,249	72,144
Q2	149,797	69,669	80,127	99,215	27,648	71,567	166,610	74,393	92,037	108,790	29,839	79,009
Q3	155,037	71,172	83,865	103,356	27,789	75,567	168,655	73,815	94,883	111,821	29,737	82,095
Q4	162,634	71,881	90,753	126,255	28,865	97,390	172,068	73,651	98,712	136,385	31,069	105,061
	609,715	279,463	330,253	422,205	111,465	310,741	664,080	293,046	370,840	458,259	119,894	338,309
2022
Q1	168,884	78,301	90,583	115,792	33,914	81,878	177,837	79,268	98,462	123,466	35,834	87,574
Q2	179,915	87,878	92,037	126,232	37,190	89,042	185,519	87,742	97,308	131,420	37,387	93,980
Q3	190,242	93,941	96,301	135,772	39,260	96,511	193,159	92,937	99,620	138,722	38,190	100,492
Q4	187,052	94,400	92,652	133,208	39,470	93,738	188,967	93,112	95,111	134,417	38,126	96,239
	726,093	354,520	371,573	511,004	149,834	361,169	745,483	353,058	390,501	528,025	149,538	378,284
2023
Q1	185,253	87,988	97,265	133,038	36,537	96,501	185,209	87,294	97,460	134,185	36,415	97,797
Q2	178,048	76,645	101,403	130,287	37,231	93,056	178,766	77,206	101,511	130,989	37,816	93,087
Q3	175,460	70,176	105,285	129,611	36,263	93,349	176,560	70,923	105,883	128,293	35,385	92,906
Q4	176,280	70,467	105,813	147,430	38,792	108,639	174,507	69,853	104,911	146,898	39,207	107,753
	715,042	305,275	409,766	540,366	148,823	391,544	715,042	305,275	409,766	540,366	148,823	391,544
2024
Q1	186,253	74,051	112,201	137,532	38,627	98,905	184,505	74,248	110,256	135,120	38,111	97,009
Q2	211,983	79,329	132,654	145,278	38,402	106,877	203,125	77,627	125,497	141,514	38,651	102,863
Q3	198,050	81,167	116,884	145,797	39,548	106,249	190,165	81,089	109,075	140,197	38,400	101,797
Q4	212,920	92,070	120,850	146,540	36,022	110,518	200,357	90,148	110,209	138,602	34,340	104,262
	809,205	326,617	482,589	575,147	152,599	422,549	778,151	323,113	455,038	555,433	149,502	405,931
2025
Q1	230,452	110,023	120,430	163,637	40,849	122,789	219,893	106,653	113,240	157,500	39,553	117,947
Q2	220,932	96,913	124,019	147,816	35,538	112,278	210,071	97,311	112,760	141,013	35,656	105,356
Q3	224,476	99,639	124,836	164,556	45,222	119,334	215,204	103,250	111,954	155,644	43,379	112,265
Q4	219,029	88,613	130,415	162,918	43,997	118,921	207,849	91,375	116,474	153,656	42,804	110,852
	894,889	395,188	499,701	638,927	165,606	473,321	853,017	398,589	454,428	607,813	161,393	446,420

Percentage change on previous quarter
2019
Q1	3.9	3.9	3.9	-17.2	-6.3	-21.5	1.4	-0.4	3.2	-16.8	-2.2	-22.5
Q2	3.4	-1.0	7.5	54.1	-0.1	79.7	2.5	-1.9	6.8	54.7	0.9	81.3
Q3	3.0	3.6	2.5	-29.9	2.2	-38.3	2.6	5.2	0.2	-29.5	4.5	-38.8
Q4	3.9	2.6	5.0	80.2	4.5	113.2	3.8	3.5	4.1	73.4	-1.3	108.5
2020
Q1	6.1	1.0	10.5	-2.3	-10.3	-0.6	8.5	5.0	11.6	0.4	-2.1	0.5
Q2	-7.5	-0.3	-13.2	-45.6	-10.8	-52.3	-8.0	0.3	-15.0	-45.6	-14.4	-51.9
Q3	5.2	4.9	5.4	3.9	9.4	1.9	7.6	8.5	6.8	6.2	14.4	3.2
Q4	13.9	3.0	23.8	36.2	5.8	48.0	10.6	3.6	17.6	36.8	10.7	47.3
2021
Q1	-3.5	5.5	-10.3	-22.7	4.0	-30.0	-2.5	7.7	-10.8	-26.1	-7.9	-31.3
Q2	5.3	4.4	6.1	6.3	1.8	8.1	6.3	4.5	8.0	7.4	2.0	9.5
Q3	3.5	2.2	4.7	4.2	0.5	5.6	1.2	-0.8	3.1	2.8	-0.3	3.9
Q4	4.9	1.0	8.2	22.2	3.9	28.9	2.0	-0.2	4.0	22.0	4.5	28.0
2022
Q1	3.8	8.9	-0.2	-8.3	17.5	-15.9	3.4	7.6	-0.3	-9.5	15.3	-16.6
Q2	6.5	12.2	1.6	9.0	9.7	8.8	4.3	10.7	-1.2	6.4	4.3	7.3
Q3	5.7	6.9	4.6	7.6	5.6	8.4	4.1	5.9	2.4	5.6	2.1	6.9
Q4	-1.7	0.5	-3.8	-1.9	0.5	-2.9	-2.2	0.2	-4.5	-3.1	-0.2	-4.2
2023
Q1	-1.0	-6.8	5.0	-0.1	-7.4	2.9	-2.0	-6.2	2.5	-0.2	-4.5	1.6
Q2	-3.9	-12.9	4.3	-2.1	1.9	-3.6	-3.5	-11.6	4.2	-2.4	3.8	-4.8
Q3	-1.5	-8.4	3.8	-0.5	-2.6	0.3	-1.2	-8.1	4.3	-2.1	-6.4	-0.2
Q4	0.5	0.4	0.5	13.7	7.0	16.4	-1.2	-1.5	-0.9	14.5	10.8	16.0
2024
Q1	5.7	5.1	6.0	-6.7	-0.4	-9.0	5.7	6.3	5.1	-8.0	-2.8	-10.0
Q2	13.8	7.1	18.2	5.6	-0.6	8.1	10.1	4.6	13.8	4.7	1.4	6.0
Q3	-6.6	2.3	-11.9	0.4	3.0	-0.6	-6.4	4.5	-13.1	-0.9	-0.6	-1.0
Q4	7.5	13.4	3.4	0.5	-8.9	4.0	5.4	11.2	1.0	-1.1	-10.6	2.4
2025
Q1	8.2	19.5	-0.3	11.7	13.4	11.1	9.8	18.3	2.8	13.6	15.2	13.1
Q2	-4.1	-11.9	3.0	-9.7	-13.0	-8.6	-4.5	-8.8	-0.4	-10.5	-9.9	-10.7
Q3	1.6	2.8	0.7	11.3	27.3	6.3	2.4	6.1	-0.7	10.4	21.7	6.6
Q4	-2.4	-11.1	4.5	-1.0	-2.7	-0.3	-3.4	-11.5	4.0	-1.3	-1.3	-1.3
¹Chain linked series not additive