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CSO statistical release, , 11am

Goods Exports and Imports

November 2021

Seasonally adjusted
€ million
 ExportsImportsSurplus
October 202115,0768,7696,307
November 202114,5679,1095,458
% change-3.43.9-13.5
Value change-510340-849

Seasonally adjusted goods trade imports increased by €340 million in November

Figure 1 Goods Exports and Imports seasonally adjusted
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Seasonally adjusted goods imports increased by €340 million (+4%) to €9,109 million in November 2021 compared with October 2021, according to preliminary figures.

Seasonally adjusted goods exports decreased by €510 million (-3%) to €14,567 million leading to a decrease of €849 million (-13%) in the seasonally adjusted trade surplus to €5,458 million in November 2021 compared with the previous month (see Table 2). Seasonal adjustment compares month-to-month data by removing fluctuations that may occur due to seasonal patterns in trade.

Exports increased by €340 million in November 2021 compared with November 2020

The (unadjusted)* value of goods exports for November 2021 was €15,258 million representing an increase of €340 million (+2%) when compared with November 2020. The value of goods exports for the period January to November 2021 was €151,771 million, an increase of €1,991 million (+1%) when compared with the first eleven months of 2020.

Exports of Electrical machinery, appliances and parts increased by €320 million (+40%) to €1,126 million.

Exports of Organic chemicals increased by €317 million (+16%) to €2,316 million.

Exports of Food and live animals increased by €144 million (+15%) to €1,132 million over the same comparative period.

Exports of Medical and pharmaceutical products decreased by €1,066 million (-15%) to €5,900 million in November 2021 compared with November 2020. This represented 39% of total exports (see Table 3). 

Imports increased by over €500 million in November 2021 compared with November 2020

The (unadjusted) value of goods imports for November 2021 was €9,865 million representing an increase of €522 million (+6%) when compared with November 2020. The value of goods imports for January to November of 2021 was €91,494 million, which is an increase of €13,432 million (+17%) compared with January to November 2020.

Imports of Electrical machinery, appliances and parts increased by €424 million (+127%) to €758 million in November 2021 compared with November 2020.

Imports of Petroleum increased by €180 million (+96%) to €368 million.

Imports of Organic chemicals increased by €280 million (+42%) to €954 million over the same comparative period.

Imports of Other transport equipment, including aircraft decreased by €957 million (-44%) to €1,237 million (see Table 3).

The value of goods imports for November 2021 excluding SITC 79 (Other transport equipment, including aircraft) was €8,628 million, an increase of €1,480 million (+21%) when compared with the corresponding November 2020 figure of €7,148 million (see Table 3).