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International comparison:
Eurostat
For more information on this release:
E-mail: Trade@cso.ie Ciarán Counihan +353 1 4984215 Damian Malone +353 1 4984206
For general information on CSO statistics:
information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5155
CSO statistical release, , 11am

Goods Exports and Imports

August 2017

Seasonally adjusted
€ million
ExportsImportsSurplus
March 201710,8245,9374,887
April 20179,8476,9812,866
May 201710,4766,9203,556
June 20179,8426,5943,248
July 20179,4005,3194,081
August 20179,0055,4063,599

Seasonally adjusted exports decrease in August

Goods Exports and Imports seasonally adjusted
go to full release

Seasonally adjusted goods exports decreased by €395 million (-4%) to €9,005 million in August 2017 compared with July 2017, according to preliminary figures.

Seasonally adjusted goods imports increased by €87 million (+2%) to €5,406 million giving a seasonally adjusted trade surplus of €3,599 million in August 2017, a decrease of €482 million (-12%) compared to the previous month (see Table 2).

Exports of Organic chemicals decrease in August

The (unadjusted) value of goods exports for August 2017 was €8,938 million, a decrease of €1,527 million (-15%) compared with August 2016.  The value of goods exports for the period January to August 2017 was €80,240 million, an increase of €2,245 million (+3%) compared to the same period in 2016.

Exports of Organic chemicals decreased by €1,128 million (-45%) to €1,399 million in August 2017 compared to August 2016. Exports of Medical and pharmaceutical products decreased by €117 million (-4%) to €2,605 million in the same period.

Exports of Electric machinery, apparatus and appliances were down €169 million (-29%) compared to the same month last year. The year-to-date export figures for January to August 2017 are €237 million higher (+5%) than the same period in 2016.

Exports of Food and live animals increased by €129 million (+16%) to €915 million in August 2017 compared to August last year. The largest changes were in Dairy products and birds' eggs which increased by €67 million (+39%) and Meat and meat preparations which increased by €34 million (+12%).

Imports decrease in August

The (unadjusted) value of goods imports for August 2017 was €5,135 million, a decrease of €580 million (-10%) compared with August 2016.  The value of goods imports for January to August was €48,906 million, an increase of €942 million (+2%) compared with the first eight months of 2016.

Imports of Chemicals and related products increased by €89 million (+6%) to €1,499 million in August 2017 compared with August 2016.  Within this sector imports of Medical and pharmaceutical products increased by €328 million (+57%) where as imports of Organic chemicals fell by €265 million (-55%).

The value of goods imports for August 2017 excluding SITC 79 (Other transport equipment, including aircraft) was €4,925 million, an increase of €231 million (+5%) when compared with the corresponding August 2016 figure of €4,694 million.  The corresponding figure for January to August 2017 was €40,541 million, an increase of €3,041 million (+8%) compared with the first eight months of 2016.

Imports from Great Britain increase in August

Imports from Great Britain increased by €104 million (+8%) to €1,376 million in August 2017 compared with August 2016.  The largest increase came from Mineral fuels, lubricants and related materials which increased by €81 million (+49%).

Imports from Great Britain for the first eight months of 2017 increased by €847 million (+8%) compared with the first eight months of 2016.

Exports to Great Britain increased by €4 million (+0.3%) to €1,133 million in August 2017 compared with August 2016.  Exports to Great Britain for the year-to-date are €916 million higher (+11%) than the same period in 2016.

Exports of Food and live animals to Great Britain increased by €17 million (+6%) in August 2017 compared to August 2016 (see Table 5).

Geographic breakdown of goods exports and imports

The EU accounted for €4,683 million (52%) of total goods exports in August 2017, a decrease of €593 million (-11%) compared with August 2016. Exports to Belgium were €896 million and to Germany were €719 million.

The USA was the main non-EU destination accounting for €2,219 million (25%) of total exports in August 2017. 

The EU accounted for 57% of the value of goods imports in August 2017.  Total EU imports were €2,950 million which is a decrease of €383 million (-12%) compared with August 2016.

The USA with €1,035 million (20%) and China with €390 million (8%) were the main non-EU sources of imports. The total value of imports from non-EU countries in August 2017 was €2,184 million, a decrease of €197 million (-8%) compared with August 2016.

 

NOTE on revised data: This release includes significant revisions to International Trade in Goods statistics.  While the most significant revision is due to recording trade in aircraft on a "transfer of economic ownership" basis, other revisions have been incorporated into the Trade data back to 2000. The technical note  gives more detail on the revised trade in aircraft methodology and explains the impact the revisions will have on Trade in Goods, National Accounts and Balance of Payments. 

 

 

This map is © Ordnance Survey Ireland. All rights reserved. License number 01/05/001.
This map is © Ordnance Survey Ireland. All rights reserved. License number 01/05/001.
Table 1 Goods Exports and Imports summary analysis
PeriodValue1Volume index2Unit value index2 
ExportsImportsTrade surplusBase year 2010=100
€m€m€mExportsImportsExportsImportsTerms of trade3
2000 83,98654,96029,026 86.7  107.8  106.5  104.7  101.7
2001 92,73056,45536,275 104.6  116.0  97.5  99.9  97.6
2002 94,05955,10638,953 110.7  122.0  93.4  92.7  100.8
2003 82,58548,51534,070 99.2  112.6  91.6  88.4  103.5
2004 84,94951,55733,392 101.9  108.7  91.7  97.4  94.1
2005 87,17358,46328,710 101.3  125.7  94.6  95.5  99.1
2006 87,49763,83323,664 99.4  132.4  96.9  99.0  97.8
2007 90,58065,93924,640 102.9  141.8  96.8  95.5  101.4
2008 88,50359,33629,168 93.2  126.8  104.4  96.1  108.6
2009 87,58648,20339,382 103.5  108.3  93.1  91.4  101.8
2010 90,92448,69542,229 100.0  100.0  100.0  100.0  100.0
2011 93,19153,03540,155 106.1  110.4  96.6  98.7  97.9
2012 93,50756,17937,328 100.6  120.2  102.2  96.0  106.5
2013 89,18255,78733,394 101.1  123.5  97.0  92.8  104.6
2014 92,61662,15830,458 103.8  130.1  98.2  98.1  100.1
2015 112,40770,11142,296 115.5  143.6  106.8  100.3  106.5
2016 119,29274,13145,162 125.6  158.2  102.7  93.3  110.2
          
2014Quarter 121,76515,2276,538 102.1  129.8  93.7  96.5  97.2
 Quarter 223,55914,7458,814 105.9  127.7  97.8  94.9  103.0
 Quarter 323,27115,3457,926 103.6  127.5  98.9  98.9  100.0
 Quarter 424,02116,8407,180 103.3  139.1  102.3  99.5  102.9
2015Quarter 126,04316,8649,179 110.0  138.6  104.0  99.9  104.2
 Quarter 228,70516,98311,721 114.7  134.9  110.1  103.6  106.4
 Quarter 327,47716,73810,739 114.5  134.9  105.5  102.1  103.5
 Quarter 430,18319,52610,657 123.6  168.1  107.4  95.4  112.5
2016Quarter 127,81317,60010,214 119.5  158.0  100.7  89.4  112.6
 Quarter 230,30718,91911,388 129.0  159.5  102.0  94.8  107.6
 Quarter 330,36118,10612,254 126.5  152.5  103.6  94.2  110.1
 Quarter 430,81219,50611,306 127.6  162.8  104.6  94.7  110.5
2017Quarter 131,46518,56612,899 135.1  155.4  102.4  98.2  104.3
 Quarter 230,97020,20510,765 135.7  173.6  99.9  94.3  106.0
          
2014January7,0855,1811,904 99.6  131.8  93.9  96.9  96.9
 February6,9594,6112,348 98.9  116.3  92.9  97.7  95.1
 March7,7205,4342,286 107.9  141.3  94.4  94.8  99.6
 April7,3224,8662,455 102.7  129.3  94.1  92.7  101.5
 May8,1584,9723,187 109.6  130.1  98.2  94.2  104.2
 June8,0804,9073,172 105.4  123.6  101.2  97.9  103.4
 July7,2525,2671,984 96.3  133.1  99.4  97.5  101.9
 August7,7734,7952,978 104.8  118.7  97.9  99.6  98.3
 September8,2475,2832,964 109.6  130.8  99.3  99.6  99.7
 October7,9325,5862,347 102.7  139.0  101.9  99.0  102.9
 November7,8645,5842,280 99.1  138.2  104.7  99.5  105.2
 December8,2245,6712,553 108.1  140.0  100.4  99.8  100.6
          
2015January8,2905,3682,922 106.3  131.7  102.9  100.5  102.4
 February8,3485,1363,212 106.9  129.5  103.0  97.8  105.4
 March9,4056,3603,045 116.8  154.6  106.2  101.4  104.8
 April9,6145,6373,977 115.0  131.8  110.3  105.4  104.6
 May9,1805,5353,645 109.5  127.7  110.6  106.8  103.6
 June9,9115,8114,099 119.5  145.3  109.4  98.5  111.0
 July9,4135,7653,648 115.1  138.3  107.9  102.7  105.0
 August8,6265,2093,416 112.1  122.5  101.6  104.8  97.0
 September9,4385,7633,675 116.3  143.8  107.1  98.7  108.5
 October10,7546,3364,418 128.0  164.7  110.9  94.8  116.9
 November10,1796,1963,983 128.2  158.0  104.8  96.6  108.4
 December9,2516,9942,256 114.5  181.6  106.6  94.9  112.3
          
20164January8,8935,1363,757 120.9  142.6  95.6  87.0  110.0
 February8,5665,4733,093 105.0  144.4  106.0  91.6  115.8
 March10,3546,9913,364 132.6  187.0  100.6  89.7  112.1
 April10,0535,5854,468 125.8  144.6  104.1  93.4  111.5
 May9,3856,4042,982 123.6  164.7  99.0  94.2  105.0
 June10,8686,9303,938 137.7  169.3  102.8  96.7  106.4
 July9,4115,7313,680 120.4  144.2  101.9  96.2  106.0
 August10,4645,7154,750 130.8  146.1  103.4  93.1  111.1
 September10,4866,6613,824 128.2  167.1  105.6  93.4  113.1
 October10,1995,7004,499 129.3  142.6  103.1  95.9  107.5
 November11,2017,2363,965 140.6  183.9  104.1  94.4  110.3
 December9,4126,5702,842 113.0  162.0  106.6  93.7  113.8
          
20174January9,7305,6674,064 122.6  141.7  104.7  98.5  106.3
 February9,9386,1283,810 132.6  152.9  98.9  98.8  100.1
 March11,7976,7715,026 150.2  171.6  103.7  97.2  106.6
 April9,8506,4593,391 127.4  164.7  102.0  96.6  105.6
 May10,4787,0723,405 137.3  178.8  99.2  93.5  106.2
 June10,6436,6733,969 142.5  177.4  98.5  92.7  106.3
 July8,8685,0013,868 116.9  140.7  100.1  87.6  114.3
 August8,9385,1353,803 126.9  143.5  93.0  88.2  105.4
1 Trade statistics revised since 2000, see background notes.
2 Monthly data have been rescaled to make their average equal to the annual.
3 Export unit value index divided by Import unit value index.
4 Revised. August 2017 is based on current Intrastat response levels. See background notes.
Table 2 Goods Exports and Imports seasonally adjusted1 series
PeriodValueVolume index
ExportsImportsTrade surplusBase year 2010=100
€m€m€mExportsImports
2013Quarter 121,73113,4748,257 93.8  121.8
 Quarter 222,02313,9668,057 102.1  122.5
 Quarter 322,93514,0938,841 105.9  123.8
 Quarter 422,66014,3198,342 104.5  127.0
2014Quarter 121,80714,4487,359 102.0  124.2
Quarter 223,18314,8348,349 105.1  128.0
Quarter 323,36916,2647,105 104.0  134.1
Quarter 424,62416,8047,820 105.5  138.8
2015Quarter 126,28616,06210,224 112.0  130.9
 Quarter 228,46017,27111,189 112.9  134.8
 Quarter 327,21117,6129,599 113.7  143.5
 Quarter 430,82319,20511,618 125.8  167.6
2016Quarter 127,86616,66011,206 119.7  149.6
 Quarter 229,75919,07510,684 126.5  161.3
 Quarter 330,22119,04211,178 125.7  161.2
 Quarter 431,01019,26211,749 129.0  159.6
2017Quarter 132,24618,07014,176 135.7  149.7
 Quarter 230,16520,4959,669 132.7  177.6
      
2013January6,9774,4572,520 93.6  124.6
 February7,1704,5972,574 93.3  122.4
March7,5844,4203,164 94.6  118.3
April7,5314,6032,928 98.8  121.5
May7,2464,5892,657 101.2  121.4
June7,2464,7752,472 106.2  124.7
July7,5684,6662,902 110.5  122.2
August7,8764,9322,944 105.0  128.9
September7,4904,4952,995 102.3  120.2
October7,5014,7652,736 105.7  125.9
November7,2334,9082,325 99.4  130.7
December7,9274,6463,281 108.5  124.5
2014January7,2734,7132,560 102.9  121.7
 February7,4154,6122,803 104.2  117.9
 March7,1195,1231,996 99.0  133.0
 April7,0804,5722,508 100.6  123.0
 May8,1715,2642,907 109.9  134.6
 June7,9324,9982,934 104.8  126.4
 July6,9515,5911,360 92.7  140.2
 August8,3885,3843,004 113.3  131.3
 September8,0305,2892,741 105.9  130.7
 October7,8735,5092,364 100.2  135.3
 November7,4085,7991,609 94.1  144.6
 December9,3435,4963,848 122.2  136.4
 
2015January8,6415,0073,633 110.1  126.5
 February8,9665,3163,650 115.2  130.5
 March8,6795,7392,941 110.6  135.6
 April9,7405,6784,061 117.7  129.0
 May9,3765,8873,489 107.8  133.7
 June9,3455,7063,639 113.3  141.7
 July9,0766,1022,974 113.6  147.5
 August9,1505,7253,425 117.8  137.4
 September8,9865,7863,200 109.6  145.7
 October10,8206,2504,570 128.0  165.5
 November9,5216,1083,413 120.4  158.1
 December10,4826,8463,635 129.0  179.1
   
2016January9,4495,0844,365 127.0  145.3
 February8,9445,5203,424 108.7  143.8
 March9,4736,0563,417 123.3  159.6
 April9,8755,7124,163 125.3  148.7
 May9,6436,5033,140 124.8  167.8
 June10,2416,8603,381 129.4  167.4
 July9,2026,1883,014 118.3  156.8
 August 10,6985,9784,720 132.1  155.2
 September10,3216,8763,444 126.7  171.6
 October10,3565,7914,565 130.1  144.4
 November10,4206,8483,572 130.0  171.3
 December10,2346,6233,612 127.0  163.1
      
2017January10,5855,5465,039 129.3  138.0
 February10,8376,5874,250 139.1  162.2
March10,8245,9374,887 138.8  149.0
April9,8476,9812,866 128.9  178.8
May10,4766,9203,556 134.6  177.6
June9,8426,5943,248 134.5  176.5
July9,4005,3194,081 124.0  151.7
 August9,0055,4063,599 127.1  152.2
1 Based on seasonal patterns up to December 2016. Accordingly all values in this table may have been revised.
Table 3 Goods Exports and Imports classified by commodity1
€million
SITC (Rev 4)ExportsImports
AugAugJan-AugJan-AugAugAugJan-AugJan-Aug
20162017201620172016201720162017
0Food and live animals7869156,3717,3945365714,3064,570
00Live animals other than animals of Division 03152113222712896101
01Meat and meat preparations2783122,2792,4407781620628
02Dairy products and birds' eggs1712381,0911,5694861408513
03Fish, crustaceans, molluscs and preparations thereof41443594212222175188
04Cereals and cereal preparations23332442718586672704
05Vegetables and fruit2324189204101104822842
06Sugars, sugar preparations and honey18141521052830254249
07Coffee, tea, cocoa, spices and manufactures thereof27282512434651351368
08Feeding stuff for animals (excluding unmilled cereals)21251762074472489524
09Miscellaneous edible products and preparations1681761,4991,7097255420454
1Beverages and tobacco1321278248398585586556
11Beverages 1291267928367878518510
12Tobacco and tobacco manufactures30323676846
2Crude materials, inedible, except fuels1231349951,1596771553591
21Hides, skins and furskins, raw91083880000
22Oil seeds and oleaginous fruits 1096352023
23Crude rubber (including synthetic and reclaimed) 00111177
24Cork and wood13711090111299100
25Pulp and waste paper574250473940
26Textile fibres and their wastes10108886111010
27Crude fertilisers and minerals (excluding coal, petroleum and precious stones)9128989111492110
28Metalliferous ores and metal scrap66784906641618146161
29Crude animal and vegetable materials nes91084862014141141
3Mineral fuels, lubricants and related materials711104707003053142,3662,942
32Coal, coke and briquettes45746712489134
33Petroleum, petroleum products and related materials56933475562382561,7942,332
34Gas, natural and manufactured019115550471448
35Electric current10104066041228
4Animal and vegetable oils, fats and waxes6951702224161182
41Animal oils and fats584461221315
42Fixed vegetable fats and oils11571919130154
43Animal or vegetable fats and oils, processed; waxes0021221814
5Chemicals and related products6,2605,03443,81745,3271,4101,4999,79211,826
51Organic chemicals2,5271,39915,95912,8844812162,8112,227
52Inorganic chemicals2010105911933185221
53Dyeing, tanning and colouring materials36371532532019152166
54Medical and pharmaceutical products2,7222,60519,32323,6595759034,0116,372
55Essential oils; perfume materials; toilet and cleansing preparations6025245,4135,296124125891926
56Fertilisers (other than those of Division 27)0884921115250269
57Plastics in primary forms28282402316473545630
58Plastics in non-primary forms34393213344647387410
59Chemical materials and products nes2903042,2992,4866967559603
6Manufactured goods classified chiefly by material1741861,4391,4823894313,1423,295
61Leather; leather manufactures nes; dressed furskins432322211413
62Rubber manufactures nes5556502524209200
63Cork and wood manufactures (excluding furniture)19251691922126169191
64Paper, paperboard and articles thereof14121041037273569569
65Textile yarn, fabrics, made-up articles and related products109113993640307311
66Non-metallic mineral manufactures nes42413053054648340357
67Iron and steel14141081135162429477
68Non-ferrous metals61155703556367384
69Manufactures of metals nes5966506529101100737794
7Machinery and transport equipment1,7461,16513,86312,6722,0391,26720,37918,281
71Power generating machinery and equipment66574464817091477717
72Machinery specialised for particular industries66554724668288864883
73Metalworking machinery241624887676
74General industrial machinery and equipment nes and parts nes1211451,1191,2521201151,0461,025
75Office machines and automatic data processing machines (including computers)2693072,4102,2512642652,1902,194
76Telecommunications and sound equipment67885926561271239971,002
77Electrical machinery, apparatus and appliances nes and parts5734044,4564,6941962091,6251,674
78Road vehicles (including air-cushion vehicles)21222222091511582,6412,345
79Other transport equipment (including aircraft)561834,1302,6391,02121010,4638,365
8Miscellaneous manufactured articles1,0991,1689,5939,8936876775,2785,248
81Prefab buildings; plumbing and electrical fixtures and fittings1212108942121153166
82Furniture and parts thereof; bedding, cushions etc16131291233439282315
83Travel goods, handbags and similar containers22181812129196
84Articles of apparel; clothing accessories33222151781841651,2041,158
85Footwear4332254038257259
87Professional, scientific and controlling apparatus nes4464803,9654,0721341371,1341,124
88Photographic apparatus; optical goods; watches and clocks1081118069062934273286
89Miscellaneous manufactured articles nes4785254,3204,4772322301,8851,844
9Commodities and transactions not classified elsewhere15171562023138238274
Unclassified estimates2537441750114415911631140
           
Total10,4648,93877,99580,2405,7155,13547,96448,906
1 Trade statistics revised since 2000. August 2017 is based on current Intrastat response levels. See background notes.
2 Estimates for which a commodity classification is not available.
Table 4 Goods Exports and Imports classified by country1
€million
CountryExportsImports
AugAugJan-AugJan-AugAugAugJan-AugJan-Aug
20162017201620172016201720162017
Austria25302452531719175193
Belgium1,5588969,8618,76910199912909
Bulgaria875659242816
Croatia34282612247
Cyprus4323170022
Czech Republic32282442522329294260
Denmark41493933937233314281
Estonia1332162197
Finland241716821411910997
France4274663,3613,4076923135,9075,790
Germany7397195,2756,5814924824,6744,463
Great Britain1,1291,1338,5179,4341,2721,37610,11310,960
Greece1612183184453345
Hungary 312420520581011178
Italy 1692021,6021,700127749331,072
Latvia6133841222434
Lithuania322515464554
Luxembourg5154575322120
Malta2333211186
Netherlands4744833,7453,8102171861,7461,541
Northern Ireland1321651,0731,27381103692820
Poland1171059908114048376397
Portugal30202793232016163164
Romania25321922221287364
Slovakia665635544028
Slovenia475450222921
Spain1801642,0431,7747673729878
Sweden64685105023128298311
EU country not specified221112444381616201199
Total EU5,2774,68339,51940,8993,3342,95028,08328,717
  of which United Kingdom1,2611,2979,59010,7071,3531,47910,80511,780
Euro-Zone33,6693,05927,04227,2851,7741,29415,51415,325
         
Australia135479876001387454
Brazil18131551141417192125
Canada71706337242443378398
China42963052,0533,6513543902,6492,828
India22291892354757378443
Japan4092161,7751,4617770865808
Malaysia14121351182627205213
Mexico901049039792518233193
Norway181915527310961672776
Russia2738238323415109239
Saudi Arabia37355985031175
Singapore50683804716320296131
South Africa18131411501086673
South Korea1591227084674959533656
Switzerland6005033,9004,20813249996390
Taiwan15181461612833258197
Thailand17181401184230290263
Turkey42413463413741333362
USA2,7072,21920,77121,5401,0011,0359,1399,925
Other countries4203623,7692,7041571771,4311,538
Country unknown524135220116925778572
Total Non-EU5,1884,25438,47539,3412,3812,18419,88120,189
         
Total10,4648,93877,99580,2405,7155,13547,96448,906
1 Trade statistics revised since 2000. August 2017 is based on current Intrastat response levels. See background notes.
2 Includes estimates for traders below the Intrastat threshold and transactions where the EU country was not specified.
3 Euro-zone members from January 2015: Austria, Belgium, Germany, Spain, Finland, France, Luxembourg, Greece, Ireland, Italy, the Netherlands, Portugal, Slovenia, Malta, Cyprus, Slovakia, Estonia, Latvia and Lithuania.
4China includes Hong Kong and Macao.
5 Trade for which the country of origin or country of final destination is unknown.
Table 5 Goods Exports and Imports classified by commodity and principal countries1
€million
  ExportsImports
 Country by Section level of SITCAugAugJan-AugJan-AugAugAugJan-AugJan-Aug
20162017201620172016201720162017
Great Britain1,1291,1338,5179,4341,2721,37610,11310,960
0Food and live animals2863032,2812,4812252331,7451,824
1Beverages and tobacco21201401332831206182
2Crude materials, inedible, except fuels31272462531215103122
3Mineral fuels, lubricants and related materials52193142401652461,3121,611
4Animal and vegetable oils, fats and waxes1178343033
5Chemicals and related products3134162,4423,3152132161,5612,059
6Manufactured goods classified chiefly by material81796266241411441,1411,180
7Machinery and transport equipment2311351,4881,3692212261,9451,945
8Miscellaneous manufactured articles86957487721751661,3821,357
9Commodities and transactions not classified elsewhere28372252398794688648
Other EU24,1473,55131,00231,4662,0621,57417,97017,756
0Food and live animals2863792,3262,7832432411,8421,994
1Beverages and tobacco38322692403938265266
2Crude materials, inedible, except fuels65765226172221187203
3Mineral fuels, lubricants and related materials622832071714202181
4Animal and vegetable oils, fats and waxes5740591515102114
5Chemicals and related products2,6352,10318,70918,8423964113,4033,802
6Manufactured goods classified chiefly by material61675525671361611,1631,187
7Machinery and transport equipment5984154,2974,3529804549,0738,263
8Miscellaneous manufactured articles4204023,9423,4561451401,1711,149
9Commodities and transactions not classified elsewhere34482643426880562599
USA2,7072,21920,77121,5401,0011,0359,1399,925
0Food and live animals36412433371818157137
1Beverages and tobacco5355308348211211
2Crude materials, inedible, except fuels332631653234
3Mineral fuels, lubricants and related materials133770121290139141
4Animal and vegetable oils, fats and waxes-0000010
5Chemicals and related products1,7321,39312,57913,7483406732,1894,252
6Manufactured goods classified chiefly by material20141391653232255262
7Machinery and transport equipment4542424,2013,0144721945,4634,214
8Miscellaneous manufactured articles3944293,1813,73893102835803
9Commodities and transactions not classified elsewhere332539995771
China3 2963052,0533,6513543902,6492,828
0Food and live animals7040563599322024
1Beverages and tobacco01330000
2Crude materials, inedible, except fuels856151242529
3Mineral fuels, lubricants and related materials00000000
4Animal and vegetable oils, fats and waxes00210000
5Chemicals and related products50605756042620222193
6Manufactured goods classified chiefly by material2417203845273316
7Machinery and transport equipment1351445502,0141491861,2591,393
8Miscellaneous manufactured articles3150282358130126807830
9Commodities and transactions not classified elsewhere0000564242
Rest of World2,1851,73115,65114,1501,0267608,0937,437
0Food and live animals1081539591,1944776542592
1Beverages and tobacco2019103115161510496
2Crude materials, inedible, except fuels16221402072427206204
3Mineral fuels, lubricants and related materials032313294537121,010
4Animal and vegetable oils, fats and waxes0022452934
5Chemicals and related products1,5301,0619,5128,8184341782,4171,520
6Manufactured goods classified chiefly by material11221041074148310350
7Machinery and transport equipment3302293,3271,9232172072,6392,466
8Miscellaneous manufactured articles1681901,4411,5691441421,0831,110
9Commodities and transactions not classified elsewhere226083785255
          
Total10,4648,93877,99580,2405,7155,13547,96448,906
1 Trade statistics revised since 2000. August 2017 is based on current Intrastat response levels. See background notes.
2 Includes estimates for traders below the Intrastat threshold and transactions where the EU country was not specified.
3 China includes Hong Kong and Macao.

Background Notes

Introduction

Goods Exports and Imports statistics provide data on the movement of goods between countries. The statistics are a combination of Customs-based non-EU trade statistics and data from the Intrastat Survey of Irish traders involved in trade with other EU member states. The collection of trade data is the responsibility of VIMA (a branch of Revenue). The CSO is responsible for processing and disseminating the data.

Revisions to the Trade in Goods statistics

Since May 2015, significant revisions were incorporated into International Trade in Goods statistics.  While the most significant revision is due to recording trade in aircraft on a "transfer of economic ownership" basis, other revisions were incorporated into the Trade data back to 2000. 

Along with the aircraft revisions Goods Exports revisions also include upward revisions due to revaluing some products that had previously been recorded on a “transfer of economic ownership” basis, which was not in line with goods statistics methodology.  Also Goods Imports revisions include downward revisions due to a change in the estimation methodology for non-response.

The technical note gives more detail on the revised trade in aircraft methodology and explains the impact the revisions will have on Trade in Goods, National Accounts and Balance of Payments.

Standard Revisions

Trade figures are subject to revision on the incorporation of late Intrastat and VAT returns and corrections made by traders. When the preliminary results for a month are published, the results for months -1 (July 2017 in this publication), -4 (April 2017) and -8 (December 2016) are revised. Following the move to a "transfer of economic ownership" basis for recording exports and imports of aircraft, SITC 79 figures are subject to revision on the incorporation of transactions from quarterly Balance of Payments (BoP) surveys. Such revisions will generally be incorporated into Goods Exports and Imports releases that coincide with quarterly BoP publications, i.e. when initial results are published for January, April, July and October.

Intrastat System

The Intrastat system has two components. Firstly, the Intrastat survey (conducted by the Revenue Commissioners), in which traders, above the Intrastat survey trade thresholds, make detailed monthly returns giving information on the quantity and value of all exports to or imports from EU countries.

The total number of traders required to make a detailed import return is around 5,200 while around 2,200 must make a detailed export return. The response rate in terms of number of traders in August 2017 was 70%, covering an estimated 93% of the total value of intra-EU trade (these response rates will have increased by the next time data for August is published).

The second component of the Intrastat system is the regular VAT return, on which all traders are required to record the total value of goods imported from and exported to other EU countries. This information provides the basis for determining total EU trade for those traders below the Intrastat survey thresholds. It is also used to maintain the register of EU traders.

Extrastat System

The statistics of trade with non-EU countries are compiled from the documents supplied by importers and exporters to the Customs authorities. The document is the Single Administrative Document (SAD) used for Customs clearance purposes.

Estimation

The figures in this release include estimates for traders above the Intrastat thresholds who did not make detailed returns for the period and for traders below the thresholds who did not provide aggregate intra-EU trade figures on their VAT returns.

Estimates for Intrastat non-respondents are apportioned to individual commodities and countries whenever previous Intrastat returns are available. Estimates for traders below the Intrastat thresholds are assigned to partner country where possible, but not to commodity.

More information is now being processed on lower value transactions. Prior to January 2012, transactions below €254 were grouped together, this value has now decreased to €127. Therefore, this has resulted in more detail being available at commodity level in Table 3 and at country level in Tables 4 and 5.

Unit Value Indices

The monthly unit value index measures monthly unit value trends relative to the annual levels in the preceding year using value weights relating to that year’s trade (Laspeyres index).

The annual index is compiled using value weights for both the current and previous year (Fisher index) to allow for change in the structure of trade in goods.

The monthly index series should be regarded as interim measures suitable for month-to-month comparisons within a given year. Previous monthly indices are revised when late returns are received.

When the annual unit value index is compiled, the monthly unit value indices are rescaled to make their average equal to the annual index.

The unit value index series has been rebased to 2010 from 1990. In the course of this rebasing, a detailed examination of the series was undertaken. This exercise has produced a number of modifications enabling production of a more robust series.

Seasonally Adjusted Series

Monthly exports, imports, trade surplus and the volume series for exports and imports have been seasonally adjusted using the US Bureau of the Census X-11 Variant of the Census Method 11 Seasonal Adjustment Program. In the main, monthly projections are based on series recalculated at the end of the previous year.

Methodology

There are methodological differences between the measurement of exports and imports in this release compared with Industrial Production, National Accounts and Balance of Payments statistics. This release records the movement of all goods over the frontier at the valuation placed on the goods at the time of crossing  the frontier. Industrial Production, National Accounts and Balance of Payments statistics take account of additional aspects of cross-frontier activities such as goods sent abroad for processing where goods cross the frontier without change of ownership. The CSO releases for those statistics provide more information on their methodology.

Services Exports and Imports

The quarterly Balance of Payments (BoP) statistics provide detail on Services exports and imports.

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