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CSO statistical release, , 11am

Goods Exports and Imports

August 2020

Seasonally adjusted
€ million
 ExportsImportsSurplus
March 202017,0786,96610,113
April 202011,4575,6855,772
May 202012,9546,6516,303
June 202012,9446,6676,277
July 202013,1998,0055,194
August 202014,0467,2756,771

Seasonally adjusted trade surplus increased by €1.6 billion in August

Figure 1 Goods Exports and Imports seasonally adjusted
go to full release

Seasonally adjusted goods exports increased by €847 million (+6%) to €14,046 million in August 2020 compared with July 2020, according to preliminary figures.

Seasonally adjusted goods imports decreased by €730 million (-9%) to €7,275 million leading to an increase of €1,577 million (+30%) in the seasonally adjusted trade surplus to €6,771 million in August 2020 compared with the previous month (see Table 2).

Exports increased by €1 billion in August

The (unadjusted)* value of goods exports for August 2020 was €12,781 million representing an increase of €1,027 million (+9%) when compared with August 2019. The value of goods exports for the period January to August 2020 was €108,022 million, an increase of €6,811 million (+7%) when compared with the first eight months of 2019.

Exports of Medical and pharmaceutical products increased by €556 million (+12%) to €5,023 million, accounting for 39% of total exports.

Exports of Organic chemicals increased by €906 million (+59%) to €2,429 million in August 2020 compared with August 2019.

Exports of Food and live animals decreased by €109 million (-11%) to €887 million

Exports of Professional, scientific and controlling apparatus decreased by €108 million (-20%) to €430 million over the same comparative period (see Table 3).

Imports decreased by €700 million in August

The (unadjusted) value of goods imports for August 2020 was €6,029 million, a decrease of €703 million (-10%) when compared with August 2019. The value of goods imports for January to August 2020 was €55,399 million, which is a decrease of €3,259 million (-6%) compared with January to August of 2019.

Imports of Other transport equipment, including aircraft decreased by €664 million (-63%) to €386 million in August 2020 compared with August 2019.

Imports of Medical and pharmaceutical products increased by €121 million (+19%) to €768 million.

Imports of Petroleum decreased by €129 million (-36%) to €227 million (see Table 3).

The value of goods imports for August 2020 excluding SITC 79 (Other transport equipment, including aircraft) was €5,643 million, a decrease of €39 million (-1%) when compared with the corresponding August 2019 figure of €5,682 million.

Exports to Great Britain increased in August

Exports to Great Britain increased by €56 million (+6%) to €1,072 million in August 2020 compared with August 2019. Exports to Great Britain accounted for 8% of the total value of exports.

The value of goods exports to Great Britain in the first eight months of 2020 was €7,852 million, a decrease of €1,083 million (-12%) compared with January to August of 2019.

Imports from Great Britain in August 2020 decreased by €37 million (-3%) to €1,325 million compared with August 2019. Imports from Great Britain were 22% of the value of total imports in August 2020.

The value of goods imports from Great Britain for January to August 2020 was €11,469 million, a decrease of €486 million (-4%) compared with the first eight months of 2019 (see Table 4).

Geographic breakdown of goods exports and imports

The EU accounted for €4,580 million (38%) of total goods exports in August 2020 of which €1,911 million went to Belgium and €1,138 million went to Germany. Total EU exports in August increased by €935 million (+24%) compared with August 2019. As the UK had exited the EU on January 31st 2020, this data compares EU trade excluding the UK for both periods for comparative purposes.

The USA was the main non-EU destination accounting for €4,263 million (33%) of total exports in August 2020.

The EU accounted for €2,180 million (36%) of total goods imports in August 2020, which is an increase of €111 million (+5%) compared with August 2019.

The USA with €919 million (15%), and China with €467 million (8%) were the other main non-EU sources of imports (see Table 4).

Exports by industrial origin and Imports by main use

Industrial produce accounted for €11,958 million (94%) of total exports in August 2020. This is an increase of €1,061 million (+10%) when compared with August 2019. There was €4,226 million of this exported to the USA, and €4,523 million to the EU. Agricultural produce accounted for €678 million (5%) of total exports (see Table 6).

Producer capital goods ready for use accounted for €797 million (13%) of total imports in August 2020, a decrease of €630 million (-44%) when compared with August 2019.

Consumption goods ready for use represented €1,706 million (28%) of total imports, and Materials for further production accounted for €3,315 million (55%) (see Table 7).

*It should be noted that the detailed data described in Paragraph 3 onwards, and the data in Tables 1, 3, 4, 5, 6 and 7 are not seasonally adjusted. Only the data described in the first two paragraphs and in Table 2 are seasonally adjusted. 

 

From February 2020 the EU total no longer includes data from the United Kingdom. The new EU total aggregate is labelled EU27. For data comparability we have published the EU27 and the UK data separately for both the current period and previous time periods.

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
2010 90,92448,69542,229 100.0  100.0  100.0  100.0  100.0
201193,19153,03540,155 106.1  110.4  96.6  98.7  97.9
2012 93,50756,17937,328 100.6  120.2  102.2  96.0  106.5
201389,18255,78733,394 101.1  123.5  97.0  92.8  104.6
201492,61662,15830,458 103.8  130.1  98.2  98.1  100.1
2015112,40770,11142,296 115.5  143.6  106.8  100.3  106.5
2016119,29274,23745,055 125.6  158.2  102.7  93.3  110.2
2017122,78582,94339,842 135.8  168.9  99.3  96.1  103.3
2018140,64591,95248,693 156.2  189.2  99.1  99.5  99.6
2019152,49790,82761,670 168.5  192.7  99.5  96.6  103.0
         
2017Quarter 132,17920,98111,197 137.0  160.2  103.3  98.4  104.9
 Quarter 231,07721,7419,335 134.2  182.1  101.9  95.6  106.7
 Quarter 328,98318,54610,437 129.1  152.0  98.1  94.9  103.4
 Quarter 430,54621,6758,872 141.0  176.8  93.8  95.4  98.2
2018Quarter 133,84320,08813,755 152.3  172.2  97.9  95.9  102.1
 Quarter 235,55621,88013,676 161.5  184.3  96.8  97.6  99.3
 Quarter 334,16323,21410,949 148.2  181.9  101.4  104.0  97.6
 Quarter 437,08326,77010,313 163.2  218.7  100.2  100.3  99.9
2019Quarter 137,57021,83715,733 166.5  186.7  99.3  96.1  103.3
 Quarter 238,52722,15216,375 170.6  190.1  99.3  95.7  103.8
 Quarter 337,61821,99515,623 166.5  187.9  99.4  96.3  103.3
 Quarter 438,78224,84213,939 170.8  208.5  99.9  97.1  102.8
2020Quarter 143,76422,08021,684 195.7  189.3  98.1  95.9  102.3
 Quarter 237,88718,90418,983 172.1  163.1  96.8  95.2  101.7
         
2017January9,9077,1972,709 122.8  144.7  106.4  98.9  107.6
 February10,2356,5333,702 135.1  158.7  99.6  98.3  101.3
March12,0377,2514,786 153.0  177.2  103.9  98.1  105.8
April9,8636,8513,012 122.6  167.2  106.2  98.0  108.4
May10,5617,6182,943 139.3  193.4  100.0  94.7  105.7
June10,6537,2723,381 140.6  185.6  99.6  94.0  106.0
July9,1785,6853,493 117.4  140.2  103.2  95.1  108.5
August9,6176,3283,289 126.1  153.9  98.2  93.6  104.9
September10,1886,5333,655 143.8  161.8  93.0  96.1  96.8
October9,6457,0362,609 143.2  180.8  88.3  92.5  95.5
November10,8497,4233,425 151.6  187.0  95.0  96.0  98.9
December10,0537,2162,837 128.3  162.7  98.0  97.7  100.3
        
2018January12,1026,5385,565 159.6  168.8  100.1  95.4  104.9
 February10,4016,4233,978 138.1  163.8  99.4  96.7  102.8
 March11,3407,1284,212 159.1  183.9  94.1  95.5  98.5
 April10,9806,6034,377 155.4  160.9  93.4  101.1  92.4
 May11,8106,9244,886 160.1  182.1  97.4  93.7  103.9
 June12,7668,3524,413 168.9  209.9  99.7  98.1  101.7
 July11,0757,7183,357 144.6  179.8  101.1  105.8  95.6
 August11,5387,2464,293 152.9  176.4  99.6  100.9  98.7
 September11,5508,2503,300 147.1  189.4  103.6  105.2  98.4
 October12,2558,9903,265 164.1  216.5  98.6  100.8  97.8
 November12,9568,8694,087 173.5  219.8  98.9  99.6  99.3
 December11,8728,9112,961 152.1  219.9  103.2  100.6  102.5
      
20194January13,4847,6575,826 179.1  196.0  99.4  96.3  103.2
 February12,4126,5045,908 164.9  165.8  99.3  96.6  102.8
 March11,6747,6763,998 155.5  198.2  99.1  95.4  103.8
 April12,7877,3395,449 169.7  190.7  99.4  94.8  104.9
 May13,6947,3556,339 182.1  189.2  99.3  95.8  103.6
 June12,0467,4594,587 160.1  190.3  99.3  96.6  102.8
 July13,3607,9365,424 177.2  203.2  99.5  96.2  103.4
 August11,7556,7325,023 156.2  172.8  99.3  96.0  103.5
 September12,5047,3275,177 166.2  187.7  99.5  96.6  102.9
 October14,2868,6105,675 189.4  218.6  99.5  97.0  102.6
 November12,8417,7585,083 169.5  194.7  99.9  97.5  102.5
 December11,6558,4743,181 153.5  212.3  100.2  96.9  103.4
          
20204January14,9077,1457,763 195.6  180.4  100.6  97.6  103.0
 February11,7077,8913,815 162.9  207.6  94.8  93.7  101.3
 March17,1507,04410,106 228.7  180.0  99.0  96.4  102.7
 April11,4055,6655,740 160.0  146.9  94.1  95.1  99.0
 May12,9846,4036,581 174.2  166.1  98.4  95.0  103.6
 June13,4986,8366,662 182.0  176.2  97.9  95.6  102.4
 July13,5908,3855,205 189.3  211.4  94.8  97.7  96.9
 August12,7816,0296,752 176.7  160.0  95.5  92.8  102.8
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 2020 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
2017Quarter 131,85221,17010,682 134.1  160.6
 Quarter 230,36621,7158,650 131.0  182.2
 Quarter 330,07419,70310,371 134.2  160.9
 Quarter 430,89020,42510,466 144.0  168.1
2018Quarter 133,21120,28912,922 148.1  172.3
 Quarter 234,88621,89912,987 157.8  184.2
 Quarter 335,69424,75610,938 155.4  193.9
 Quarter 436,78925,01911,770 163.6  206.4
2019Quarter 137,58121,74015,841 165.6  187.9
 Quarter 237,69822,13115,567 167.1  192.4
 Quarter 338,54423,39515,148 171.3  198.4
 Quarter 438,90523,09015,816 171.2  189.9
2020Quarter 142,78822,88219,906 189.8  191.3
 Quarter 237,35419,00318,351 169.5  171.9
      
2017January10,3317,4732,858 123.1  152.9
 February10,6867,0253,661 143.2  167.9
 March10,8346,6714,163 135.9  160.9
 April10,4127,2603,151 131.5  182.0
 May10,1577,4142,743 131.5  189.3
 June9,7977,0412,756 129.9  175.5
 July9,9736,1893,784 127.3  153.3
 August10,0386,7913,247 131.0  164.3
 September10,0626,7233,339 144.3  165.0
 October9,9706,6773,294 141.6  169.7
 November10,3056,8563,449 144.5  171.7
 December10,6156,8923,723 145.8  163.0
       
2018January11,6496,7744,876 151.2  175.5
 February10,8556,8773,978 146.1  172.1
 March10,7076,6394,068 147.0  169.4
 April11,2737,0074,266 157.9  176.0
 May11,5426,5994,943 154.7  175.7
 June12,0708,2933,778 161.0  201.0
 July11,7148,0733,641 151.9  186.2
 August11,7228,1733,549 155.9  197.0
 September12,2588,5103,748 158.4  198.4
 October11,8988,3443,554 154.2  196.9
 November12,1468,2773,869 162.3  202.8
 December12,7458,3994,347 174.3  219.7
       
2019January12,9787,4795,499 172.3  198.3
 February13,0626,9526,109 175.2  174.8
 March11,5417,3094,232 149.3  190.5
 April12,7127,3875,325 164.6  195.3
 May12,6727,3665,306 172.9  192.3
 June12,3147,3784,936 163.8  189.7
 July13,2938,1625,131 178.1  207.3
 August12,4887,6454,843 165.4  192.0
 September12,7637,5885,174 170.3  195.8
 October14,1107,8316,280 181.7  195.6
 November12,4147,4994,915 163.4  187.3
 December12,3817,7604,621 168.4  186.8
      
2020January13,6017,6955,905 183.6  186.4
 February12,1098,2213,887 171.9  210.0
 March17,0786,96610,113 213.9  177.4
April11,4575,6855,772 158.8  160.3
May12,9546,6516,303 178.1  180.1
June12,9446,6676,277 171.7  175.2
July13,1998,0055,194 188.5  206.4
 August14,0467,2756,771 194.6  187.3
1 Seasonally adjusted data has been revised from January 2010 onwards using X-13-ARIMA methodology, implemented in JDEMETRA+. Previously X-11 methodology was used.
Table 3 Goods Exports and Imports classified by commodity1
€million
SITC (Rev 4)ExportsImports
AugAugJan-AugJan-AugAugAugJan-AugJan-Aug
20192020201920202019202020192020
0Food and live animals9968877,6847,5646065745,0065,062
00Live animals other than animals of Division 03162018414292594183
01Meat and meat preparations3023192,5412,4538469656588
02Dairy products and birds' eggs3342322,0111,9516561582620
03Fish, crustaceans, molluscs and preparations thereof43384133692420199193
04Cereals and cereal preparations414335135410789849749
05Vegetables and fruit2731212215110102895898
06Sugars, sugar preparations and honey151198843126247264
07Coffee, tea, cocoa, spices and manufactures thereof33332742955248417406
08Feeding stuff for animals (excluding unmilled cereals)31312432576576571643
09Miscellaneous edible products and preparations1541301,3571,4435959496518
1Beverages and tobacco1621221,0588698284622657
11Beverages 1621221,0588697778582618
12Tobacco and tobacco manufactures0000663939
2Crude materials, inedible, except fuels1161161,1609168472697646
21Hides, skins and furskins, raw5450360000
22Oil seeds and oleaginous fruits 10107442016
23Crude rubber (including synthetic and reclaimed) 00111186
24Cork and wood13151241152116146133
25Pulp and waste paper433424434638
26Textile fibres and their wastes99877111108
27Crude fertilisers and minerals (excluding coal, petroleum and precious stones)13996781611126108
28Metalliferous ores and metal scrap63686775102320173152
29Crude animal and vegetable materials nes9882751415168185
3Mineral fuels, lubricants and related materials77515924904172953,6453,020
32Coal, coke and briquettes677776433838
33Petroleum, petroleum products and related materials66394693743562272,8612,012
34Gas, natural and manufactured216104661655930
35Electric current3440311149140
4Animal and vegetable oils, fats and waxes5845592223176196
41Animal oils and fats463852121012
42Fixed vegetable fats and oils11671819151167
43Animal or vegetable fats and oils, processed; waxes0010231618
5Chemicals and related products7,1068,41362,68371,1781,5711,69911,14114,260
51Organic chemicals1,5232,42920,78121,9165575692,9005,724
52Inorganic chemicals26151582123020217220
53Dyeing, tanning and colouring materials10988691719169168
54Medical and pharmaceutical products4,4665,02332,77240,6366477684,8215,269
55Essential oils; perfume materials; toilet and cleansing preparations6615965,4315,403106100875804
56Fertilisers (other than those of Division 27)11971120341306
57Plastics in primary forms34313052627063638576
58Plastics in non-primary forms47363463676158517487
59Chemical materials and products nes3382742,7942,3077381664706
6Manufactured goods classified chiefly by material1901751,5471,4874734723,9943,772
61Leather; leather manufactures nes; dressed furskins332022121211
62Rubber manufactures nes9871683129252230
63Cork and wood manufactures (excluding furniture)25212001662926222198
64Paper, paperboard and articles thereof14131161068170658621
65Textile yarn, fabrics, made-up articles and related products1111103994364366508
66Non-metallic mineral manufactures nes39353112775453432403
67Iron and steel17141271046861636509
68Non-ferrous metals10696614338400338
69Manufactures of metals nes62655045841231291,014954
7Machinery and transport equipment1,6991,84115,07615,2952,5261,84826,00319,934
71Power generating machinery and equipment9087569799892267741,140
72Machinery specialised for particular industries43374694961021041,1221,092
73Metalworking machinery23181912119381
74General industrial machinery and equipment nes and parts nes1331241,3461,1641401461,2531,277
75Office machines and automatic data processing machines (including computers)3843133,2303,1274103623,4933,351
76Telecommunications and sound equipment98789678051681891,2671,297
77Electrical machinery, apparatus and appliances nes and parts7907295,1646,3483872572,0582,013
78Road vehicles (including air-cushion vehicles)28242492141691662,3931,975
79Other transport equipment (including aircraft)1304463,0662,3221,05038613,5497,707
8Miscellaneous manufactured articles1,3181,07610,7109,5217727455,9606,417
81Prefab buildings; plumbing and electrical fixtures and fittings8786762322206164
82Furniture and parts thereof; bedding, cushions etc17141431254750386351
83Travel goods, handbags and similar containers432522121010480
84Articles of apparel; clothing accessories19161501131801671,2791,374
85Footwear3324174537310259
87Professional, scientific and controlling apparatus nes5384304,4933,8681441561,2501,499
88Photographic apparatus; optical goods; watches and clocks1221029618663634285349
89Miscellaneous manufactured articles nes6085024,8294,4332852692,1382,342
9Commodities and transactions not classified elsewhere3772441162621214184
Unclassified estimates250864105261511961,2001,252
           
Total11,75512,781101,211108,0226,7326,02958,65755,399
1 Trade statistics revised since 2000. August 2020 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
20192020201920202019202020192020
Austria36242662552217225187
Belgium7631,91111,18812,3971391441,0951,298
Bulgaria12119692222627
Croatia444132101312
Cyprus2132190023
Czech Republic45424142743652428439
Denmark48394424044135342351
Estonia11141021168
Finland1818189175138131106
France4463733,6603,5107215737,3565,145
Germany1,0541,1388,97611,4584616334,8324,401
Greece2018393995644839
Hungary 33272201741318121204
Italy 2772062,5582,97690958891,057
Latvia894745443233
Lithuania342247698066
Luxembourg765565452729
Malta43273621106
Netherlands7076055,6555,4782382312,0902,102
Poland116687797316664554542
Portugal27212842293139181193
Romania3131266256867563
Slovakia5106270443631
Slovenia6878100322520
Spain1681671,5591,67477929271,114
Sweden65686255396642473338
EU Country not specified2837273418131008621,597
Total EU2733,9164,85038,22142,4602,0682,18020,89619,413
Euro-Zone43,5534,52535,06639,5391,8231,86018,00215,839
         
Great Britain1,0171,0728,9357,8521,3621,32511,95511,469
Northern Ireland1721731,4161,3181391291,1301,050
Total UK1,1891,24510,3509,1701,5011,45413,08512,520
         
Australia57654976369136572
Brazil25142072063120150117
Canada1121239291,2192831419322
China58008245,6747,1574394673,3653,824
India33272842234642434342
Japan3901631,9551,9078883795798
Malaysia171013514623531576327
Mexico1261081,0041,1682733239265
Norway20171561773044368343
Russia35274323031914310219
Saudi Arabia383944542500435
Singapore37433573711815204350
South Africa53272871971298472
South Korea42403684636670566617
Switzerland3091134,0481,9423561771,2783,350
Taiwan43212533433840345334
Thailand10980843734285261
Turkey39304664535047462401
USA4,0454,26330,39533,5641,0179199,7668,240
Other countries3943173,0673,9282812481,7471,655
Country unknown6244081,5991,483334583,2141,524
Total Non-EU (excl UK)6,6506,68652,64056,3933,1632,39524,67723,466
         
Total11,75512,781101,211108,0226,7326,02958,65755,399
1 Trade statistics revised since 2000. August 2020 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 From February 2020 the United Kingdom exited the EU, therefore the EU total is made up of the 27 remaining member states. For data comparability over time the EU are shown separately for both the current and prior periods.
4 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.
5 China includes Hong Kong and Macao.
6 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
20192020201920202019202020192020
Great Britain and Northern Ireland1,1891,24510,3509,1701,5011,45413,08512,520
0Food and live animals3623632,9582,7722872802,4242,343
1Beverages and tobacco25251961674038285283
2Crude materials, inedible, except fuels40383402842318198175
3Mineral fuels, lubricants and related materials35133071891961791,7501,909
4Animal and vegetable oils, fats and waxes231618453843
5Chemicals and related products3124452,9792,5831972151,7581,579
6Manufactured goods classified chiefly by material102868466861832091,5521,521
7Machinery and transport equipment1681391,4741,3772932622,8322,502
8Miscellaneous manufactured articles108969578021871861,5311,615
9Commodities and transactions not classified elsewhere35382772939162716549
EU 273,9164,85038,22142,4602,0682,18020,89619,413
0Food and live animals3803052,7182,5662061991,6911,837
1Beverages and tobacco35332552283031233260
2Crude materials, inedible, except fuels57525454012318202192
3Mineral fuels, lubricants and related materials73531084518578283
4Animal and vegetable oils, fats and waxes342534121398108
5Chemicals and related products2,5523,61026,33631,2674687453,9854,761
6Manufactured goods classified chiefly by material46474164381491351,2981,119
7Machinery and transport equipment4133734,0303,89592774311,0658,838
8Miscellaneous manufactured articles4023723,6553,2571461411,2491,292
9Commodities and transactions not classified elsewhere215118826563136497723
USA4,0454,26330,39533,5641,0179199,7668,240
0Food and live animals43392702751612149131
1Beverages and tobacco7839468340111112
2Crude materials, inedible, except fuels211911344134
3Mineral fuels, lubricants and related materials00137016437803521
4Animal and vegetable oils, fats and waxes-0000011
5Chemicals and related products3,0573,61922,52827,3343813892,5092,722
6Manufactured goods classified chiefly by material16291202313732281283
7Machinery and transport equipment2981712,6182,1492933445,0063,649
8Miscellaneous manufactured articles5473614,2003,20011395879831
9Commodities and transactions not classified elsewhere5336241058655
China38008245,6747,1574394673,3653,824
0Food and live animals5349568546453642
1Beverages and tobacco11560013
2Crude materials, inedible, except fuels442930212220
3Mineral fuels, lubricants and related materials00100000
4Animal and vegetable oils, fats and waxes00330000
5Chemicals and related products991031,1141,2833540255329
6Manufactured goods classified chiefly by material2116194748360451
7Machinery and transport equipment5865823,5784,5522092311,7041,818
8Miscellaneous manufactured articles55843597181361359371,117
9Commodities and transactions not classified elsewhere0000664945
Rest of World1,8051,59916,57015,6711,7061,00911,54611,403
0Food and live animals1581321,1701,4059378705709
1Beverages and tobacco2224134128111392100
2Crude materials, inedible, except fuels13212281903330234225
3Mineral fuels, lubricants and related materials3535951931360514307
4Animal and vegetable oils, fats and waxes0025653945
5Chemicals and related products1,0856369,7258,7104913112,6334,867
6Manufactured goods classified chiefly by material24111481145748503398
7Machinery and transport equipment2345763,3763,3228042685,3963,127
8Miscellaneous manufactured articles2071621,5391,5451901881,3661,562
9Commodities and transactions not classified elsewhere26115360886563
         
Total11,75512,781101,211108,0226,7326,02958,65755,399
1 Trade statistics revised since 2000. August 2020 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.
Table 6 Goods Exports by industrial origin and area of destination
€million
Industrial origin and areaExports
AugAugJan-AugJan-Aug
2019202020192020
Agricultural produce7456785,4915,351
Great Britain and Northern Ireland2692742,1971,986
EU13062492,1511,997
USA4336274282
Rest of World1261198691,086
     
Forestry and fishing produce5654541489
Great Britain and Northern Ireland1620159148
EU13128259218
USA0012
Rest of World96122122
     
Industrial produce10,89711,95894,711101,557
Great Britain and Northern Ireland8669117,6906,717
EU13,5614,52335,65939,990
USA4,0014,22630,11533,276
Rest of World2,4692,29721,24721,574
     
Unclassified exports5692468625
     
Total11,75512,781101,211108,022
1EU excluding Great Britain and Northern Ireland.
Table 7 Goods Imports by main use and area of origin
€million
Main use and area of originImports
AugAugJan-AugJan-Aug
2019202020192020
Producers capital goods ready for use1,42779717,30511,543
Great Britain and Northern Ireland1271361,1921,407
EU16544628,4316,257
USA165433,7841,877
Rest of World4801563,8992,002
     
Consumption goods ready for use - food drink and tobacco5274954,3064,283
Great Britain and Northern Ireland2792612,2592,142
EU11901821,5831,677
USA433533
Rest of World5449429431
Consumption goods ready for use - other1,1981,2119,7659,807
Great Britain and Northern Ireland3083152,8372,685
EU13073352,5882,772
USA2452061,6071,324
Rest of World3393562,7333,025
     
Materials for further production - agriculture1491771,5431,564
Great Britain and Northern Ireland3342363380
EU14763553567
USA3224242178
Rest of World3748384439
Materials for further production - other3,2593,13824,36126,805
Great Britain and Northern Ireland6636385,7155,355
EU18071,0027,2437,415
USA5656414,0334,793
Rest of World1,2248577,3709,242
     
Unclassified imports1732121,3771,396
     
Total6,7326,02958,65755,399
1EU excluding Great Britain and Northern Ireland.

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 2020 in this publication), -4 (April 2020) and -8 (December 2019) 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 2020 was 63%, covering an estimated 89% 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

In the April 2020 release the seasonal adjustment methodology for trade in goods data was updated from X-11 to X-13-ARIMA model. The X-13-ARIMA method is implemented in JDEMETRA+, the standard Eurostat software package for Seasonal Adjustment.

X-13-ARIMA incorporates significant new types of modelling capability for the issues commonly faced in seasonal adjustment, and also produces sophisticated diagnostics to help improve seasonal adjustment.

The seasonally adjusted series have been revised back to January 2010 using the new methodology.

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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