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E-mail: Trade@cso.ie Ciarán Counihan +353 1 4984215 Damian Malone +353 1 4984206

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information@cso.ie (+353) 21 453 5000 On-line ISSN 2009-5155

CSO statistical release, 17 January 2017, 11am

Goods Exports and Imports

November 2016

Seasonally adjusted
€ million
	Exports	Imports	Surplus
June 2016	10,064	6,262	3,802
July 2016	9,081	6,084	2,997
August 2016	10,490	5,811	4,679
September 2016	10,075	6,272	3,803
October 2016	10,254	5,215	5,040
November 2016	10,197	6,153	4,045

Seasonally adjusted goods imports increase in November

Goods Exports and Imports seasonally adjusted

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Preliminary figures for November 2016 show that seasonally adjusted goods imports increased by €938 million (+18%) to €6,153 million compared with October 2016.

Seasonally adjusted goods exports decreased by €57 million (-1%) to €10,197 million, leading to a decrease of €995 million (-20%) in the seasonally adjusted trade surplus to €4,045 million in November 2016 (see Table 2).

Exports of Medical and pharmaceutical products increase in November

The (unadjusted) value of goods exports for November 2016 was €10,961 million, representing an increase of €783 million (+8%) when compared with November 2015. The value of goods exports for the period January to November 2016 was €107,926 million, an increase of €4,769 million (+5%) when compared with the first eleven months of 2015.

Exports of Medical and pharmaceutical products increased by €739 million (+28%) to €3,396 million in November 2016 compared with November 2015.

Exports of Electrical machinery, apparatus and appliances increased by €424 million (+152%) to €703 million.

Exports of Food and live animals increased by €52 million (+6%) to €945 million over the same comparative period.

Imports of Road vehicles goods decrease in November

The (unadjusted) value of goods imports for November 2016 was €6,501 million, representing an increase of €305 million (+5%) when compared with November 2015. The value of goods imports for January to November 2016 was €63,930 million, which is an increase of €813 million (+1%) compared with the first eleven months of 2015.

Imports of Road vehicles decreased by €65 million (-15%) to €367 million in November 2016 compared with November 2015.

Imports of Medical and pharmaceutical products increased by €428 million (+82%) to €952 million in November 2016.

Imports of Petroleum increased by €89 million (+41%) to €308 million over the same period.

The value of goods imports for November 2016 excluding SITC 79 (Other transport equipment, including aircraft) was €5,735 million, an increase of €440 million (+8%) when compared with the corresponding November 2015 figure of €5,295 million.

Geographic breakdown of goods exports and imports

The EU accounted for €5,471 million (50%) of total goods exports in November 2016, of which €1,592 million went to Great Britain and €1,272 million to Belgium.

The USA was the main non-EU destination accounting for €2,893 million (26%) of total exports in November 2016.

Exports to the EU increased by €105 million (+2%) in November 2016 compared with November 2015, while non-EU exports increased by €678 million (+14%) over the same period.

The EU accounted for €3,580 (55%) of the value of goods imports in November 2016, with €1,404 million (22%) of total imports coming from Great Britain.

The USA with €1,336 million (21%) and China with €441 million (7%) were the main non-EU sources of imports.

Imports from the EU decreased by €238 million (-6%) in November 2016 compared with November 2015. Non-EU imports increased by €543 million (+23%) over the same period.

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 (http://www.cso.ie/en/surveysandmethodology/externaltrade/) 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.

Show Table 1 Goods Exports and Imports summary analysis

Table 1 Goods Exports and Imports summary analysis

Period		Value¹			Volume index²		Unit value index²
		Exports	Imports	Trade surplus	Base year 2010=100
		Exports	Imports	Trade surplus	Base year 2010=100
		€m	€m	€m	Exports	Imports	Exports	Imports	Terms of trade³
		€m	€m	€m	Exports	Imports	Exports	Imports	Terms of trade³
2000		83,986	54,960	29,026	86.7	107.8	106.5	104.7	101.7
2001		92,730	56,455	36,275	104.6	116.0	97.5	99.9	97.6
2002		94,059	55,106	38,953	110.7	122.0	93.4	92.7	100.8
2003		82,585	48,515	34,070	99.2	112.6	91.6	88.4	103.5
2004		84,949	51,557	33,392	101.9	108.7	91.7	97.4	94.1
2005		87,173	58,463	28,710	101.3	125.7	94.6	95.5	99.1
2006		87,497	63,833	23,664	99.4	132.4	96.9	99.0	97.8
2007		90,580	65,939	24,640	102.9	141.8	96.8	95.5	101.4
2008		88,503	59,336	29,168	93.2	126.8	104.4	96.1	108.6
2009		87,586	48,203	39,382	103.5	108.3	93.1	91.4	101.8
2010		90,924	48,695	42,229	100.0	100.0	100.0	100.0	100.0
2011		93,191	53,035	40,155	106.1	110.4	96.6	98.7	97.9
2012		93,507	56,179	37,328	100.6	120.2	102.2	96.0	106.5
2013		89,182	55,787	33,394	101.1	123.5	97.0	92.8	104.6
2014		92,616	62,158	30,458	103.8	130.1	98.2	98.1	100.1
2015		112,407	70,111	42,296	115.5	143.6	106.8	100.3	106.5

2014	Quarter 1	21,765	15,227	6,538	102.1	129.8	93.7	96.5	97.2
	Quarter 2	23,559	14,745	8,814	105.9	127.7	97.8	94.9	103.0
	Quarter 3	23,271	15,345	7,926	103.6	127.5	98.9	98.9	100.0
	Quarter 4	24,021	16,840	7,180	103.3	139.1	102.3	99.5	102.9
2015	Quarter 1	26,043	16,864	9,179	110.9	140.2	103.3	98.7	104.6
	Quarter 2	28,705	16,983	11,721	115.6	136.5	109.3	102.4	106.9
	Quarter 3	27,477	16,738	10,739	115.3	136.5	104.8	100.9	103.9
	Quarter 4	30,183	19,526	10,657	124.4	172.9	106.6	94.3	113.0
2016	Quarter 1	27,300	17,206	10,094	123.5	153.2	97.5	92.2	105.7
	Quarter 2	29,782	17,825	11,957	132.8	149.3	98.6	98.0	100.7
	Quarter 3	29,785	17,266	12,519	130.8	146.8	100.1	97.3	103.0

2014	January	7,085	5,181	1,904	99.6	131.8	93.9	96.9	96.9
	February	6,959	4,611	2,348	98.9	116.3	92.9	97.7	95.1
	March	7,720	5,434	2,286	107.9	141.3	94.4	94.8	99.6
	April	7,322	4,866	2,455	102.7	129.3	94.1	92.7	101.5
	May	8,158	4,972	3,187	109.6	130.1	98.2	94.2	104.2
	June	8,080	4,907	3,172	105.4	123.6	101.2	97.9	103.4
	July	7,252	5,267	1,984	96.3	133.1	99.4	97.5	101.9
	August	7,773	4,795	2,978	104.8	118.7	97.9	99.6	98.3
	September	8,247	5,283	2,964	109.6	130.8	99.3	99.6	99.7
	October	7,932	5,586	2,347	102.7	139.0	101.9	99.0	102.9
	November	7,864	5,584	2,280	99.1	138.2	104.7	99.5	105.2
	December	8,224	5,671	2,553	108.1	140.0	100.4	99.8	100.6

2015	January	8,290	5,368	2,922	107.1	133.2	102.1	99.3	102.9
	February	8,348	5,136	3,212	107.7	131.0	102.3	96.6	105.8
	March	9,405	6,360	3,045	117.7	156.4	105.5	100.2	105.2
	April	9,614	5,637	3,977	115.9	133.3	109.5	104.2	105.0
	May	9,180	5,535	3,645	110.3	129.2	109.8	105.6	104.0
	June	9,911	5,811	4,099	120.4	147.0	108.6	97.4	111.5
	July	9,413	5,765	3,648	116.0	139.9	107.1	101.5	105.5
	August	8,626	5,209	3,416	112.9	124.0	100.8	103.6	97.4
	September	9,438	5,763	3,675	117.2	145.5	106.3	97.6	108.9
	October	10,754	6,336	4,418	128.7	171.0	110.1	93.7	117.4
	November	10,179	6,196	3,983	129.2	164.1	104.0	95.5	108.9
	December	9,251	6,994	2,256	115.4	183.7	105.8	93.8	112.8

2016⁴	January	8,761	5,031	3,730	125.0	138.3	92.5	89.7	103.2
	February	8,434	5,368	3,066	108.5	140.1	102.6	94.5	108.6
	March	10,104	6,807	3,297	137.1	181.3	97.3	92.5	105.2
	April	9,892	5,402	4,489	129.7	138.3	100.7	96.3	104.6
	May	9,210	6,096	3,114	126.9	153.5	95.7	97.9	97.8
	June	10,680	6,326	4,354	141.7	156.2	99.5	99.8	99.6
	July	9,288	5,635	3,653	124.5	143.6	98.4	96.7	101.8
	August	10,261	5,555	4,706	135.6	141.0	99.8	98.9	100.9
	September	10,236	6,076	4,160	132.3	155.7	102.1	96.2	106.2
	October	10,098	5,132	4,966	139.2	130.2	95.8	97.2	98.6
	November	10,961	6,501	4,460	145.6	164.2	99.4	97.6	101.8
¹Trade statistics revised since 2000, see background notes.
²Monthly data have been rescaled to make their average equal to the annual.
Indices have been rebased to the year 2010. See background notes.
³Export unit value index divided by Import unit value index.
⁴ Revised. November 2016 is based on current Intrastat response levels. See background notes.

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Show Table 2 Goods Exports and Imports seasonally adjusted series

Table 2 Goods Exports and Imports seasonally adjusted¹series
Period		Value			Volume index
		Exports	Imports	Trade surplus	Base year 2010=100
		Exports	Imports	Trade surplus	Base year 2010=100
		€m	€m	€m	Exports	Imports

2013	Quarter 1	21,731	13,474	8,257	93.8	121.8
	Quarter 2	22,023	13,966	8,057	102.1	122.5
	Quarter 3	22,935	14,093	8,841	105.9	123.8
	Quarter 4	22,660	14,319	8,342	104.5	127.0
2014	Quarter 1	21,807	14,448	7,359	102.0	124.2
	Quarter 2	23,183	14,834	8,349	105.1	128.0
	Quarter 3	23,369	16,264	7,105	104.0	134.1
	Quarter 4	24,624	16,804	7,820	105.5	138.8
2015	Quarter 1	26,286	16,062	10,224	112.8	132.4
	Quarter 2	28,460	17,271	11,189	113.8	136.4
	Quarter 3	27,211	17,612	9,599	114.5	145.2
	Quarter 4	30,823	19,205	11,618	126.7	172.4
2016	Quarter 1	27,361	16,291	11,070	123.7	145.0
	Quarter 2	29,243	17,978	11,265	130.2	150.9
	Quarter 3	29,646	18,168	11,479	130.0	155.2

2013	January	6,977	4,457	2,520	93.6	124.6
	February	7,170	4,597	2,574	93.3	122.4
	March	7,584	4,420	3,164	94.6	118.3
	April	7,531	4,603	2,928	98.8	121.5
	May	7,246	4,589	2,657	101.2	121.4
	June	7,246	4,775	2,472	106.2	124.7
	July	7,568	4,666	2,902	110.5	122.2
	August	7,876	4,932	2,944	105.0	128.9
	September	7,490	4,495	2,995	102.3	120.2
	October	7,501	4,765	2,736	105.7	125.9
	November	7,233	4,908	2,325	99.4	130.7
	December	7,927	4,646	3,281	108.5	124.5
2014	January	7,273	4,713	2,560	102.9	121.7
	February	7,415	4,612	2,803	104.2	117.9
	March	7,119	5,123	1,996	99.0	133.0
	April	7,080	4,572	2,508	100.6	123.0
	May	8,171	5,264	2,907	109.9	134.6
	June	7,932	4,998	2,934	104.8	126.4
	July	6,951	5,591	1,360	92.7	140.2
	August	8,388	5,384	3,004	113.3	131.3
	September	8,030	5,289	2,741	105.9	130.7
	October	7,873	5,509	2,364	100.2	135.3
	November	7,408	5,799	1,609	94.1	144.6
	December	9,343	5,496	3,848	122.2	136.4

2015	January	8,641	5,007	3,633	111.0	128.0
	February	8,966	5,316	3,650	116.1	132.0
	March	8,679	5,739	2,941	111.4	137.2
	April	9,740	5,678	4,061	118.6	130.5
	May	9,376	5,887	3,489	108.7	135.2
	June	9,345	5,706	3,639	114.2	143.4
	July	9,076	6,102	2,974	114.5	149.2
	August	9,150	5,725	3,425	118.7	139.0
	September	8,986	5,786	3,200	110.4	147.4
	October	10,820	6,250	4,570	128.7	171.9
	November	9,521	6,108	3,413	121.3	164.2
	December	10,482	6,846	3,635	130.0	181.2

2016	January	9,309	4,980	4,330	131.3	140.9
	February	8,807	5,414	3,393	112.4	139.4
	March	9,244	5,897	3,347	127.5	154.7
	April	9,716	5,526	4,191	129.2	142.2
	May	9,463	6,190	3,273	128.2	156.3
	June	10,064	6,262	3,802	133.1	154.3
	July	9,081	6,084	2,997	122.3	156.1
	August	10,490	5,811	4,679	136.9	149.7
	September	10,075	6,272	3,803	130.7	159.9
	October	10,254	5,215	5,040	140.1	131.8
	November	10,197	6,153	4,045	134.6	152.9
¹Based on seasonal patterns up to December 2015. Accordingly all values in this table may have been revised.

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Open in Excel: Goods Exports and Imports November 2016 Table 2 (XLS 15KB)

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Show Table 3 Goods Exports and Imports classified by commodity

Table 3 Goods Exports and Imports classified by commodity¹
										€million
SITC (Rev 4)			Exports				Imports
			Exports				Imports
			Nov	Nov	Jan-Nov	Jan-Nov	Nov	Nov	Jan-Nov	Jan-Nov
			2015	2016	2015	2016	2015	2016	2015	2016
0	Food and live animals		893	945	8,932	9,105	588	590	5,970	5,993
	00	Live animals other than animals of Division 03	79	56	347	287	30	16	181	160
	01	Meat and meat preparations	282	308	3,142	3,219	82	83	876	864
	02	Dairy products and birds' eggs	153	179	1,635	1,599	55	50	644	548
	03	Fish, crustaceans, molluscs and preparations thereof	56	55	517	495	22	25	242	242
	04	Cereals and cereal preparations	36	31	370	344	98	109	917	960
	05	Vegetables and fruit	22	21	262	255	96	103	1,055	1,119
	06	Sugars, sugar preparations and honey	17	14	146	200	32	29	344	345
	07	Coffee, tea, cocoa, spices and manufactures thereof	35	30	343	346	57	56	496	516
	08	Feeding stuff for animals (excluding unmilled cereals)	22	27	266	254	65	70	695	673
	09	Miscellaneous edible products and preparations	191	225	1,904	2,105	51	50	520	568
1	Beverages and tobacco		115	127	1,170	1,223	79	80	797	832
	11	Beverages	110	126	1,127	1,182	71	76	713	751
	12	Tobacco and tobacco manufactures	5	0	44	41	8	4	85	81
2	Crude materials, inedible, except fuels		122	147	1,648	1,397	71	71	786	755
	21	Hides, skins and furskins, raw	11	11	140	115	0	0	0	0
	22	Oil seeds and oleaginous fruits	1	1	12	13	4	2	34	26
	23	Crude rubber (including synthetic and reclaimed)	0	0	1	1	1	1	14	9
	24	Cork and wood	12	13	144	147	18	16	145	143
	25	Pulp and waste paper	6	7	56	67	4	3	55	49
	26	Textile fibres and their wastes	13	13	133	125	2	1	18	14
	27	Crude fertilisers and minerals (excluding coal, petroleum and precious stones)	10	11	126	116	10	9	121	125
	28	Metalliferous ores and metal scrap	58	83	921	701	18	20	225	203
	29	Crude animal and vegetable materials nes	10	8	115	111	13	18	174	186
3	Mineral fuels, lubricants and related materials		63	50	732	596	323	387	4,770	3,381
	32	Coal, coke and briquettes	6	7	92	93	13	10	163	122
	33	Petroleum, petroleum products and related materials	56	43	609	466	218	308	3,471	2,595
	34	Gas, natural and manufactured	0	0	5	11	90	69	1,071	651
	35	Electric current	1	0	25	25	3	0	64	13
4	Animal and vegetable oils, fats and waxes		6	7	50	71	22	20	223	221
	41	Animal oils and fats	5	6	43	63	2	2	14	18
	42	Fixed vegetable fats and oils	0	1	5	6	17	16	184	179
	43	Animal or vegetable fats and oils, processed; waxes	0	0	2	2	3	2	25	25
5	Chemicals and related products		5,930	6,617	59,504	61,960	1,254	1,778	12,621	13,952
	51	Organic chemicals	2,264	2,188	20,329	22,369	357	433	3,256	3,981
	52	Inorganic chemicals	11	10	148	154	22	29	240	251
	53	Dyeing, tanning and colouring materials	11	27	124	235	19	18	206	209
	54	Medical and pharmaceutical products	2,657	3,396	27,592	28,006	523	952	5,301	5,887
	55	Essential oils; perfume materials; toilet and cleansing preparations	640	615	7,419	7,268	126	129	1,215	1,272
	56	Fertilisers (other than those of Division 27)	0	0	5	4	32	22	406	303
	57	Plastics in primary forms	29	30	372	330	68	74	787	748
	58	Plastics in non-primary forms	38	41	466	443	46	52	516	535
	59	Chemical materials and products nes	280	311	3,050	3,150	62	70	694	766
6	Manufactured goods classified chiefly by material		184	182	1,955	1,988	396	440	4,354	4,430
	61	Leather; leather manufactures nes; dressed furskins	3	3	34	36	1	2	21	20
	62	Rubber manufactures nes	6	6	70	73	25	24	296	281
	63	Cork and wood manufactures (excluding furniture)	20	22	226	239	25	23	235	237
	64	Paper, paperboard and articles thereof	15	16	138	156	78	76	842	792
	65	Textile yarn, fabrics, made-up articles and related products	14	14	162	156	39	39	412	425
	66	Non-metallic mineral manufactures nes	40	39	390	422	47	90	469	559
	67	Iron and steel	13	13	186	145	55	53	593	593
	68	Non-ferrous metals	6	7	68	72	35	34	524	492
	69	Manufactures of metals nes	66	62	682	688	90	98	961	1,029
7	Machinery and transport equipment		1,502	1,386	14,999	17,284	2,512	2,224	24,710	25,115
	71	Power generating machinery and equipment	44	54	429	498	53	87	541	699
	72	Machinery specialised for particular industries	65	45	584	625	238	109	2,237	1,151
	73	Metalworking machinery	3	2	25	22	8	9	101	101
	74	General industrial machinery and equipment nes and parts nes	150	140	1,597	1,548	149	144	1,497	1,452
	75	Office machines and automatic data processing machines (including computers)	324	309	3,622	3,349	347	320	3,434	3,073
	76	Telecommunications and sound equipment	90	75	842	811	157	188	1,421	1,449
	77	Electrical machinery, apparatus and appliances nes and parts	279	703	2,596	6,504	228	234	2,266	2,276
	78	Road vehicles (including air-cushion vehicles)	26	24	293	286	431	367	3,002	3,351
	79	Other transport equipment (including aircraft)	522	35	5,009	3,640	901	766	10,212	11,564
8	Miscellaneous manufactured articles		1,280	1,321	13,089	13,408	806	773	7,421	7,477
	81	Prefab buildings; plumbing and electrical fixtures and fittings	14	14	144	148	23	24	216	220
	82	Furniture and parts thereof; bedding, cushions etc	15	15	159	174	41	42	406	399
	83	Travel goods, handbags and similar containers	2	2	22	25	17	15	131	129
	84	Articles of apparel; clothing accessories	31	34	276	311	182	172	1,691	1,711
	85	Footwear	4	4	40	45	33	32	366	353
	87	Professional, scientific and controlling apparatus nes	567	535	5,629	5,525	174	154	1,663	1,563
	88	Photographic apparatus; optical goods; watches and clocks	89	118	1,006	1,135	42	43	346	386
	89	Miscellaneous manufactured articles nes	559	598	5,813	6,046	294	291	2,602	2,716
9	Commodities and transactions not classified elsewhere		30	117	487	301	33	35	302	335
Unclassified estimates²			54	62	590	594	112	104	1,163	1,439

Total			10,179	10,961	103,157	107,926	6,196	6,501	63,117	63,930
¹ Trade statistics revised since 2000. November 2016 is based on current Intrastat response levels. See background notes.
² Estimates for which a commodity classification is not available.

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Open in Excel: Goods Exports and Imports November 2016 Table 3 (XLS 24KB)

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Show Table 4 Goods Exports and Imports classified by country

Table 4 Goods Exports and Imports classified by country¹
								€million
Country	Exports				Imports
	Nov	Nov	Jan-Nov	Jan-Nov	Nov	Nov	Jan-Nov	Jan-Nov
	2015	2016	2015	2016	2015	2016	2015	2016
Austria	31	27	390	331	21	25	241	245
Belgium	1,509	1,272	13,573	13,654	100	94	1,164	1,255
Bulgaria	8	7	90	75	6	2	63	38
Croatia	2	2	30	35	5	0	10	27
Cyprus	5	4	35	31	0	0	3	3
Czech Republic	36	32	382	342	54	30	467	368
Denmark	48	53	554	564	38	52	418	453
Estonia	2	3	24	40	1	2	39	15
Finland	24	23	275	233	15	14	160	145
France	451	442	4,517	4,550	763	654	7,375	8,074
Germany	642	615	6,926	7,249	623	535	5,256	6,144
Great Britain	1,194	1,592	12,582	12,263	1,507	1,404	15,275	14,090
Greece	26	22	278	256	4	4	43	43
Hungary	30	21	297	269	8	9	103	137
Italy	192	197	2,415	2,182	110	115	1,109	1,300
Latvia	7	5	53	55	4	5	31	36
Lithuania	3	4	32	33	4	6	77	63
Luxembourg	5	5	59	58	2	2	38	27
Malta	13	2	37	38	1	2	13	12
Netherlands	412	520	4,543	5,384	215	218	2,452	2,393
Northern Ireland	153	151	1,612	1,496	92	95	1,001	952
Poland	91	86	1,095	1,268	52	48	486	515
Portugal	29	34	391	377	17	16	189	218
Romania	22	25	326	264	14	16	97	113
Slovakia	7	6	68	74	6	14	63	66
Slovenia	4	4	36	68	1	2	20	34
Spain	332	250	3,723	2,753	104	132	854	1,024
Sweden	85	58	886	716	31	46	432	409
EU country not specified²	4	9	33	303	19	36	419	295
Total EU	5,366	5,471	55,264	54,962	3,818	3,580	37,902	38,493
of which Euro-Zone³	3,689	3,435	37,345	37,368	1,987	1,841	19,052	21,097

Australia	66	101	881	1,427	10	11	94	105
Brazil	20	14	222	207	21	141	462	265
Canada	74	90	824	880	38	30	442	477
China⁴	200	559	2,102	3,160	398	441	4,030	3,829
India	46	25	510	261	46	45	460	508
Japan	424	374	3,136	2,678	196	110	1,698	1,137
Malaysia	21	22	221	193	22	30	257	279
Mexico	103	89	1,285	1,253	32	27	331	318
Norway	19	29	275	229	103	131	1,130	1,002
Russia	40	45	349	339	11	16	150	160
Saudi Arabia	53	54	902	731	0	11	25	20
Singapore	45	58	548	539	31	20	378	379
South Africa	21	23	251	208	7	6	81	86
South Korea	29	45	472	868	38	82	519	753
Switzerland	718	552	5,822	5,839	168	153	1,087	1,393
Taiwan	13	23	155	202	47	23	324	326
Thailand	13	17	203	191	42	47	529	408
Turkey	50	57	574	477	51	56	446	458
USA	2,486	2,893	24,613	28,089	897	1,336	10,004	10,669
Other countries	373	420	4,528	4,785	178	172	2,149	1,948
Country unknown⁵	1	1	20	408	40	33	620	917

Total	10,179	10,961	103,157	107,926	6,196	6,501	63,117	63,930
¹ Trade statistics revised since 2000. November 2016 is based on current Intrastat response levels. See background notes.
²Includes estimates for traders below the Intrastat threshold and transactions where the EU country was not specified.
³Euro-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.
⁵Trade for which the country of origin or country of final destination is unknown.

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Table 5 Goods Exports and Imports classified by commodity and principal countries¹
									€million
		Exports				Imports
	Country by Section level of SITC	Nov	Nov	Jan-Nov	Jan-Nov	Nov	Nov	Jan-Nov	Jan-Nov
		2015	2016	2015	2016	2015	2016	2015	2016
Great Britain		1,194	1,592	12,582	12,263	1,507	1,404	15,275	14,090
0	Food and live animals	356	339	3,481	3,310	261	233	2,484	2,453
1	Beverages and tobacco	19	21	221	202	28	26	274	290
2	Crude materials, inedible, except fuels	31	29	367	346	12	11	152	140
3	Mineral fuels, lubricants and related materials	42	44	388	400	214	201	2,934	1,854
4	Animal and vegetable oils, fats and waxes	1	1	11	11	4	3	41	40
5	Chemicals and related products	340	797	3,643	3,803	216	209	2,169	2,174
6	Manufactured goods classified chiefly by material	84	80	852	871	161	151	1,655	1,596
7	Machinery and transport equipment	190	152	2,293	1,989	286	284	2,643	2,708
8	Miscellaneous manufactured articles	103	98	1,018	1,031	249	222	2,184	1,988
9	Commodities and transactions not classified elsewhere	29	30	308	301	76	63	738	848
Other EU²		4,172	3,879	42,682	42,700	2,311	2,176	22,627	24,403
0	Food and live animals	309	332	3,301	3,306	247	252	2,553	2,546
1	Beverages and tobacco	38	37	339	385	33	34	368	373
2	Crude materials, inedible, except fuels	61	68	902	715	30	27	263	257
3	Mineral fuels, lubricants and related materials	9	5	102	107	11	42	295	306
4	Animal and vegetable oils, fats and waxes	4	5	36	56	15	13	139	141
5	Chemicals and related products	2,462	2,423	25,901	25,878	399	392	4,516	4,592
6	Manufactured goods classified chiefly by material	69	67	781	753	133	177	1,590	1,673
7	Machinery and transport equipment	667	382	5,736	5,649	1,213	1,013	10,828	12,151
8	Miscellaneous manufactured articles	520	517	5,219	5,458	175	168	1,497	1,637
9	Commodities and transactions not classified elsewhere	34	42	364	392	55	59	577	729
USA		2,486	2,893	24,613	28,089	897	1,336	10,004	10,669
0	Food and live animals	35	38	246	368	6	28	177	229
1	Beverages and tobacco	45	50	435	470	2	1	17	16
2	Crude materials, inedible, except fuels	2	4	34	35	3	5	41	44
3	Mineral fuels, lubricants and related materials	12	0	237	84	10	11	137	183
4	Animal and vegetable oils, fats and waxes	0	-	0	0	0	0	1	1
5	Chemicals and related products	1,588	2,016	15,746	17,849	324	831	2,906	3,610
6	Manufactured goods classified chiefly by material	17	23	129	203	30	32	347	348
7	Machinery and transport equipment	331	296	3,253	4,526	410	305	5,273	5,021
8	Miscellaneous manufactured articles	452	461	4,483	4,520	108	115	1,058	1,139
9	Commodities and transactions not classified elsewhere	5	4	50	36	5	8	49	78
China³		200	559	2,102	3,160	398	441	4,030	3,829
0	Food and live animals	71	88	587	777	3	3	35	29
1	Beverages and tobacco	0	0	5	5	0	0	0	0
2	Crude materials, inedible, except fuels	10	7	103	82	2	5	34	38
3	Mineral fuels, lubricants and related materials	-	-	0	0	0	0	0	0
4	Animal and vegetable oils, fats and waxes	0	0	2	2	0	0	0	0
5	Chemicals and related products	59	68	700	750	17	38	224	304
6	Manufactured goods classified chiefly by material	1	2	30	22	40	36	397	382
7	Machinery and transport equipment	25	356	325	1,137	196	234	2,071	1,829
8	Miscellaneous manufactured articles	33	37	349	383	136	123	1,224	1,194
9	Commodities and transactions not classified elsewhere	0	0	0	0	4	4	46	52
Rest of World		2,126	2,038	21,178	21,715	1,082	1,144	11,181	10,939
0	Food and live animals	122	148	1,317	1,343	71	74	721	735
1	Beverages and tobacco	13	17	170	161	16	18	138	153
2	Crude materials, inedible, except fuels	18	39	242	218	24	25	296	275
3	Mineral fuels, lubricants and related materials	0	1	5	5	89	133	1,404	1,039
4	Animal and vegetable oils, fats and waxes	0	0	2	2	3	4	41	40
5	Chemicals and related products	1,481	1,312	13,513	13,680	299	308	2,807	3,272
6	Manufactured goods classified chiefly by material	13	10	164	139	32	44	364	430
7	Machinery and transport equipment	290	200	3,392	3,984	406	389	3,895	3,406
8	Miscellaneous manufactured articles	172	208	2,020	2,016	138	144	1,458	1,521
9	Commodities and transactions not classified elsewhere	16	103	354	166	5	5	56	67

Total		10,179	10,961	103,157	107,926	6,196	6,501	63,117	63,930
¹ Trade statistics revised since 2000. November 2016 is based on current Intrastat response levels. See background notes.
²Includes estimates for traders below the Intrastat threshold and transactions where the EU country was not specified.
³ China includes Hong Kong and Macao.

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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 (http://www.cso.ie/en/surveysandmethodology/externaltrade/) 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 (October 2016 in this publication), -4 (July 2016) and -8 (March 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 3,500 while around 2,100 must make a detailed export return. The response rate in terms of number of traders in November 2016 was 62%, covering an estimated 92% of the total value of intra-EU trade (these response rates will have increased by the next time data for November 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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Goods Exports and Imports

November 2016

Seasonally adjusted goods imports increase in November

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