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For more information on this release:
E-mail: Trade@cso.ie Ciarán Counihan +353 1 4984215 Damian Malone +353 1 4984206
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CSO statistical release, 15 February 2017, 11am

Goods Exports and Imports

December 2016

 
€ million
 ExportsImportsSurplus
Jan-Dec 2015112,40770,11142,296
Jan-Dec 2016116,91669,60447,312
% change+ 4.0- 0.7+ 11.9
Seasonally adjusted
October 201610,2545,2155,040
November 201610,2546,1944,060
December 20169,6085,5904,018

Record level of exports in 2016

Figure 1 Goods Exports and Imports

 

Exports totalled €116,916 million in 2016, the highest annual total on record, according to preliminary figures.  This is an increase of €4,508 million (+4%) over 2015. Imports in 2016 decreased by €507 million (-1%) to €69,604 million compared with 2015. The preliminary trade surplus for 2016 was €47,312 million. 

The largest increase in exports was of Electrical machinery, apparatus and appliances which increased by €4,373 million (+150%) to €7,295 million in 2016 compared with 2015.  This was followed by exports of Organic chemicals which increased by €2,168 million (+10%) to €23,664 million.

 

 

 

   

 

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/methods/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. 

 

 

Exports
Total Exports 4.01131602124423
Food and live animals1.98013066226164
Chemicals and related products3.4504614221763
Machinery and transport equipment13.0855975675766
Miscellaneous manufactured articles2.51480495200878

Imports of Mineral fuels fall in 2016

Imports of Mineral fuels, lubricants and related materials decreased by €1,361 million (-27%) to €3,743 million in 2016 compared with 2015. Imports of Machinery specialised for particular industries fell by €1,141 million (-48%) to €1,244 million over the same period. 

Imports of Medical and pharmaceutical products and Organic chemicals both increased giving an overall increase of €986 million (+7%) for the sector Chemicals and related products

Imports
Total Imports-0.723139022407326
Food and live animals-0.428755415897241
Mineral fuels-26.6721783918171
Chemicals and related products7.0566491608422
Machinery and transport equipment-2.03679261830025

Exports to Great Britain fall in 2016

Exports to Great Britain decreased by €496 million (-4%) to €13,314 million in 2016 compared with 2015, while imports from Great Britain decreased by €1,354 million (-8%) to €15,549 million in the same period.

Exports to the USA increased by €3,343 million (+12%) to €30,204 million in 2016.  Exports to EU countries fell by €193 million (-0.3%) to €59,651 million, while exports to the rest of the world increased by €4,701 million (+9%) in 2016.

Imports from EU countries decreased by €339 million (-1%) to €42,056 million.  Imports from the rest of the world decreased by €168 million (-1%) to €27,548 million in 2016.

Seasonally adjusted goods exports decrease in December

Preliminary figures for December 2016 show that seasonally adjusted goods exports decreased by €646 million (-6%) to €9,608 million compared with November 2016.

Seasonally adjusted goods imports also decreased, by €604 million (-10%) to €5,590 million, leading to a decrease of €42 million (-1%) in the seasonally adjusted trade surplus to €4,018 million in December 2016 (see Table 2).

Exports of Medical and pharmaceutical products decrease in December

The (unadjusted) value of goods exports for December 2016 was €8,836 million, representing a decrease of €415 million (-5%) when compared with December 2015. 

Exports of Medical and pharmaceutical products decreased by €433 million (-16%) to €2,210 million in December 2016 compared with December 2015.

Exports of Office machinery and automatic data processing machines (including computers) decreased by €132 million (-23%) to €455 million over the same comparative period.

Exports of Electrical machinery, apparatus and appliances increased by €466 million (+143%) to €792 million.

Imports of Road vehicles goods decrease in December

The (unadjusted) value of goods imports for December 2016 was €5,545 million, representing a decrease of €1,449 million (-21%) when compared with December 2015. 

Imports of Road vehicles decreased by €47 million (-10%) to €412 million in December 2016 compared with December 2015.

Imports of Organic chemicals decreased by €216 million (-43%) to €292 million in December 2016.

Imports of Medical and pharmaceutical products decreased by €112 million (-25%) to €341 million over the same period.

The value of goods imports for December 2016 excluding SITC 79 (Other transport equipment, including aircraft) was €4,855 million, a decrease of €607 million (-11%) when compared with the corresponding December 2015 figure of €5,462 million.

Geographic breakdown of goods exports and imports

The EU accounted for €4,616 million (52%) of total goods exports in December 2016, of which €1,060 million went to Great Britain and €1,037 million to Belgium.

The USA was the main non-EU destination accounting for €2,109 million (24%) of total exports in December 2016.

Exports to the EU increased by €36 million (+1%) in December 2016 compared with December 2015, while exports to the rest of the world decreased by €450 million (-10%) over the same period.

The EU accounted for €3,629 (65%) of the value of goods imports in December 2016, with €1,421 million (26%) of total imports coming from Great Britain.

The USA with €593 million (11%) and China with €402 million (7%) were the main non-EU sources of imports.

Imports from the EU decreased by €864 million (-19%) in December 2016 compared with December 2015.  Imports from the rest of the world also decreased by €585 million (-23%) over the same period.

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 116,91669,60447,312..........
          
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 126,04316,8649,179 110.9  140.2  103.3  98.7  104.6
 Quarter 228,70516,98311,721 115.6  136.5  109.3  102.4  106.9
 Quarter 327,47716,73810,739 115.3  136.5  104.8  100.9  103.9
 Quarter 430,18319,52610,657 124.4  172.9  106.6  94.3  113.0
2016Quarter 127,30017,20610,094 123.5  153.2  97.5  92.2  105.7
 Quarter 229,81117,90211,909 132.9  150.0  98.6  98.0  100.7
 Quarter 329,84817,27312,575 131.0  147.6  100.2  96.3  104.1
 Quarter 429,95617,22312,734 133.1  144.4  99.2  98.0  101.2
          
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
          
2015January8,2905,3682,922 107.1  133.2  102.1  99.3  102.9
 February8,3485,1363,212 107.7  131.0  102.3  96.6  105.8
 March9,4056,3603,045 117.7  156.4  105.5  100.2  105.2
 April9,6145,6373,977 115.9  133.3  109.5  104.2  105.0
 May9,1805,5353,645 110.3  129.2  109.8  105.6  104.0
 June9,9115,8114,099 120.4  147.0  108.6  97.4  111.5
 July9,4135,7653,648 116.0  139.9  107.1  101.5  105.5
 August8,6265,2093,416 112.9  124.0  100.8  103.6  97.4
 September9,4385,7633,675 117.2  145.5  106.3  97.6  108.9
 October10,7546,3364,418 128.7  171.0  110.1  93.7  117.4
 November10,1796,1963,983 129.2  164.1  104.0  95.5  108.9
 December9,2516,9942,256 115.4  183.7  105.8  93.8  112.8
       
20164January8,7615,0313,730 125.0  138.3  92.5  89.7  103.2
 February8,4345,3683,066 108.5  140.1  102.6  94.5  108.6
 March10,1046,8073,297 137.1  181.3  97.3  92.5  105.2
 April9,9215,4804,442 130.1  140.2  100.7  96.3  104.6
 May9,2106,0963,114 126.9  153.5  95.7  97.9  97.8
 June10,6806,3264,354 141.7  156.2  99.5  99.8  99.6
 July9,2885,6063,681 124.5  143.6  98.4  96.7  101.8
 August10,3245,5914,734 136.3  143.6  100.0  96.0  104.2
 September10,2366,0764,160 132.3  155.7  102.1  96.2  106.2
 October10,0985,1324,966 139.2  130.2  95.8  97.2  98.6
 November11,0226,5454,477 145.9  165.1  99.7  97.7  102.0
 December8,8365,5453,291 114.2  137.8  102.1  99.1  103.0
1 Trade statistics revised since 2000, see background notes.     
2 Monthly data have been rescaled to make their average equal to the annual.
   Indices have been rebased to the year 2010. See background notes.
3 Export unit value index divided by Import unit value index.     
4 Revised. December 2016 is based on current Intrastat response levels. See background notes.  
.. Indices are not yet available.       
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 126,28616,06210,224 112.8  132.4
 Quarter 228,46017,27111,189 113.8  136.4
 Quarter 327,21117,6129,599 114.5  145.2
 Quarter 430,82319,20511,618 126.7  172.4
2016Quarter 127,36116,29111,070 123.7  145.0
 Quarter 229,27318,05711,215 130.3  151.6
 Quarter 329,71118,17411,537 130.2  156.2
 Quarter 430,11616,99913,117 134.4  141.4
      
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
 
2015January8,6415,0073,633 111.0  128.0
 February8,9665,3163,650 116.1  132.0
 March8,6795,7392,941 111.4  137.2
 April9,7405,6784,061 118.6  130.5
 May9,3765,8873,489 108.7  135.2
 June9,3455,7063,639 114.2  143.4
 July9,0766,1022,974 114.5  149.2
 August9,1505,7253,425 118.7  139.0
 September8,9865,7863,200 110.4  147.4
 October10,8206,2504,570 128.7  171.9
 November9,5216,1083,413 121.3  164.2
 December10,4826,8463,635 130.0  181.2
   
2016January9,3094,9804,330 131.3  140.9
 February8,8075,4143,393 112.4  139.4
 March9,2445,8973,347 127.5  154.7
 April9,7465,6054,141 129.6  144.2
 May9,4636,1903,273 128.2  156.3
 June10,0646,2623,802 133.1  154.3
 July9,0816,0543,028 122.3  156.1
 August 10,5555,8494,706 137.6  152.5
 September10,0756,2723,803 130.7  159.9
 October10,2545,2155,040 140.1  131.8
 November10,2546,1944,060 134.9  153.7
 December9,6085,5904,018 128.3  138.8
1 Based on seasonal patterns up to December 2015. Accordingly all values in this table may have been revised.
Table 3 Goods Exports and Imports classified by commodity1 
 €million
SITC (Rev 4)ExportsImports
DecDecJan-DecJan-DecDecDecJan-DecJan-Dec
20152016201520162015201620152016
0Food and live animals9469599,87810,0737176506,6876,658
00Live animals other than animals of Division 038450431340138109319275
01Meat and meat preparations3573623,5003,5848990965953
02Dairy products and birds' eggs1521581,7871,7585555699607
03Fish, crustaceans, molluscs and preparations thereof50605685552322265263
04Cereals and cereal preparations3233403378104861,0211,049
05Vegetables and fruit252328727899931,1541,213
06Sugars, sugar preparations and honey16101622123024374370
07Coffee, tea, cocoa, spices and manufactures thereof30283723724944545561
08Feeding stuff for animals (excluding unmilled cereals)30262962818168776740
09Miscellaneous edible products and preparations1692092,0732,3174859569628
1Beverages and tobacco1171041,2871,3307974876906
11Beverages 1131041,2401,2887172784824
12Tobacco and tobacco manufactures404741829282
2Crude materials, inedible, except fuels1221341,7711,5316867855822
21Hides, skins and furskins, raw9101491260000
22Oil seeds and oleaginous fruits 111313213628
23Crude rubber (including synthetic and reclaimed) 0011111510
24Cork and wood791521571215157158
25Pulp and waste paper566169546052
26Textile fibres and their wastes118144133211915
27Crude fertilisers and minerals (excluding coal, petroleum and precious stones)7101331261512136137
28Metalliferous ores and metal scrap70799917811718242220
29Crude animal and vegetable materials nes12111271241615190201
3Mineral fuels, lubricants and related materials41627736613353665,1043,743
32Coal, coke and briquettes6598981817181140
33Petroleum, petroleum products and related materials34556435252312753,7032,866
34Gas, natural and manufactured1261383731,154724
35Electric current102626306713
4Animal and vegetable oils, fats and waxes7757782222245245
41Animal oils and fats674969121620
42Fixed vegetable fats and oils11671718201198
43Animal or vegetable fats and oils, processed; waxes0022322827
5Chemicals and related products4,7204,41664,22466,4401,35799613,97814,964
51Organic chemicals1,1671,22921,49623,6645082923,7644,275
52Inorganic chemicals6101531643227271279
53Dyeing, tanning and colouring materials9261332611516222224
54Medical and pharmaceutical products2,6432,21030,23430,1754533415,7546,237
55Essential oils; perfume materials; toilet and cleansing preparations5786087,9987,8791291301,3441,406
56Fertilisers (other than those of Division 27)00554233448334
57Plastics in primary forms28303993596457851806
58Plastics in non-primary forms33324994734241558574
59Chemical materials and products nes2572703,3073,4607159765828
6Manufactured goods classified chiefly by material1501532,1052,1373443904,6984,787
61Leather; leather manufactures nes; dressed furskins223639222322
62Rubber manufactures nes5474772122317303
63Cork and wood manufactures (excluding furniture)16192422581823254260
64Paper, paperboard and articles thereof12121501637270914862
65Textile yarn, fabrics, made-up articles and related products14111761673835450459
66Non-metallic mineral manufactures nes30304214534054509576
67Iron and steel9141961594649639644
68Non-ferrous metals5573773138555530
69Manufactures of metals nes565573874376971,0371,132
7Machinery and transport equipment1,8091,67016,80819,0083,1812,09127,89127,323
71Power generating machinery and equipment58464875894256583767
72Machinery specialised for particular industries58626426881481002,3851,244
73Metalworking machinery1227242013121115
74General industrial machinery and equipment nes and parts nes1311231,7281,6721541331,6501,584
75Office machines and automatic data processing machines (including computers)5874554,2093,7973882963,8213,372
76Telecommunications and sound equipment97939399061671761,5881,629
77Electrical machinery, apparatus and appliances nes and parts3267922,9227,2952712152,5372,490
78Road vehicles (including air-cushion vehicles)20263143124594123,4613,765
79Other transport equipment (including aircraft)531705,5413,7251,53269011,74512,358
8Miscellaneous manufactured articles1,2101,22914,29914,6587457448,1668,221
81Prefab buildings; plumbing and electrical fixtures and fittings13101571582120236242
82Furniture and parts thereof; bedding, cushions etc15151741894142447440
83Travel goods, handbags and similar containers2323281814149142
84Articles of apparel; clothing accessories29373053481731591,8641,872
85Footwear5645503435400388
87Professional, scientific and controlling apparatus nes5184736,1485,9871361441,7991,703
88Photographic apparatus; optical goods; watches and clocks851001,0921,2394035386421
89Miscellaneous manufactured articles nes5425876,3556,6602822952,8843,012
9Commodities and transactions not classified elsewhere76345623363542337376
Unclassified estimates253666436631121041,2751,558
           
Total9,2518,836112,407116,9166,9945,54570,11169,604
1 Trade statistics revised since 2000. December 2016 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
DecDecJan-DecJan-DecDecDecJan-DecJan-Dec
20152016201520162015201620152016
Austria29334193642218263263
Belgium9691,03714,54214,6911201101,2841,371
Bulgaria769780716939
Croatia323337001027
Cyprus5240330033
Czech Republic28264103694631514398
Denmark50466056113444452503
Estonia122643214216
Finland2723302252108170152
France3594304,8775,0071,3026928,6778,700
Germany5515877,4777,8386226115,8786,695
Great Britain1,2281,06013,81013,3141,6281,42116,90315,549
Greece1316290272334646
Hungary 232432029488111145
Italy 1312032,5462,393901171,1991,419
Latvia535859463641
Lithuania4236358128576
Luxembourg766665224028
Malta344043101412
Netherlands4444994,9865,9082151972,6672,604
Northern Ireland1321421,7441,64190911,0911,046
Poland931201,1871,3835252537567
Portugal16404074171622205245
Romania19153462771210108123
Slovakia757578666974
Slovenia10254694222236
Spain2981854,0212,9491061059601,131
Sweden114591,0007846035493447
EU country not specified2314363192724446299
Total EU4,5804,61659,84459,6514,4933,62942,39542,056
  of which Euro-Zone32,8763,10340,22140,5442,5221,91221,57422,911
         
Australia44499251,476737101142
Brazil21222432281216474282
Canada67568919363635478512
China41805532,2833,7123784024,4094,230
India95356052964436504543
Japan7542093,8902,887124891,8221,228
Malaysia20222412152226279305
Mexico1091051,3941,3583330364349
Norway2426299255741261,2041,128
Russia1925369364932160190
Saudi Arabia9789999820112620
Singapore59546075934315421394
South Africa20212702291389493
South Korea466651893063143582889
Switzerland2754096,0966,318265421,3521,434
Taiwan14151702174421368347
Thailand16162192064339572448
Turkey68396425165037496495
USA2,2492,10926,86130,20491859310,92211,467
Other countries4693004,9975,0932071612,3562,108
Country unknown52424440911327732944
Total Non-EU4,6714,22052,56457,2652,5011,91627,71627,548
 
Total9,2518,836112,407116,9166,9945,54570,11169,604
1 Trade statistics revised since 2000. December 2016 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 SITCDecDecJan-DecJan-DecDecDecJan-DecJan-Dec
20152016201520162015201620152016
Great Britain1,2281,06013,81013,3141,6281,42116,90315,549
0Food and live animals4333813,9143,6973582902,8422,761
1Beverages and tobacco23202442233126305318
2Crude materials, inedible, except fuels2730394376119163148
3Mineral fuels, lubricants and related materials30414184362071893,1412,040
4Animal and vegetable oils, fats and waxes111211454546
5Chemicals and related products2572103,9004,0102221972,3912,376
6Manufactured goods classified chiefly by material63619159271421361,7971,735
7Machinery and transport equipment2651922,5572,1733212672,9642,971
8Miscellaneous manufactured articles102931,1201,1302602302,4442,222
9Commodities and transactions not classified elsewhere27293353327372811933
Other EU23,3513,55646,03446,3372,8652,20925,49226,507
0Food and live animals3013313,6023,6412442422,7972,787
1Beverages and tobacco29293684163734404406
2Crude materials, inedible, except fuels64669667802927293285
3Mineral fuels, lubricants and related materials10201121361432309336
4Animal and vegetable oils, fats and waxes6642621413153155
5Chemicals and related products1,6922,01727,59427,8954344034,9495,006
6Manufactured goods classified chiefly by material56578368131121571,7021,795
7Machinery and transport equipment6614976,3976,1931,7951,09612,62413,169
8Miscellaneous manufactured articles4994865,7185,9601301461,6271,780
9Commodities and transactions not classified elsewhere34463984405658633788
USA2,2492,10926,86130,20491859310,92211,467
0Food and live animals26482714163921216251
1Beverages and tobacco5243486513111817
2Crude materials, inedible, except fuels433838234347
3Mineral fuels, lubricants and related materials00237841010147193
4Animal and vegetable oils, fats and waxes-0000011
5Chemicals and related products1,3521,14917,09818,9982852063,1913,817
6Manufactured goods classified chiefly by material16211442232728374377
7Machinery and transport equipment4233893,6774,9224562235,7295,446
8Miscellaneous manufactured articles3734334,8564,95290911,1471,230
9Commodities and transactions not classified elsewhere3235459895787
China3 1805532,2833,7123784024,4094,230
0Food and live animals5976646854333732
1Beverages and tobacco01660000
2Crude materials, inedible, except fuels6711090223641
3Mineral fuels, lubricants and related materials00000000
4Animal and vegetable oils, fats and waxes00220000
5Chemicals and related products54867548362231246336
6Manufactured goods classified chiefly by material2232243432430414
7Machinery and transport equipment253453501,4821912182,2622,047
8Miscellaneous manufactured articles33353834191221111,3461,304
9Commodities and transactions not classified elsewhere0-00435055
Rest of World2,2411,55923,42023,3481,20592112,38611,851
0Food and live animals1271231,4441,4667393794827
1Beverages and tobacco13111831711013148165
2Crude materials, inedible, except fuels21282632472425321300
3Mineral fuels, lubricants and related materials11651041341,5081,173
4Animal and vegetable oils, fats and waxes0023444544
5Chemicals and related products1,36695514,87914,7023931593,2003,430
6Manufactured goods classified chiefly by material13111771503036394466
7Machinery and transport equipment4352473,8274,2384172874,3133,689
8Miscellaneous manufactured articles2011822,2222,1981431651,6021,685
9Commodities and transactions not classified elsewhere642418168556172
          
Total9,2518,836112,407116,9166,9945,54570,11169,604
1 Trade statistics revised since 2000. December 2016 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 (http://www.cso.ie/en/methods/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 (November 2016 in this publication), -4 (August 2016) and -8 (April 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 December 2016 was 72%, covering an estimated 94% of the total value of intra-EU trade (these response rates will have increased by the next time data for December 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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