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Goods Exports and Imports November 2024

Exports of goods exceeded €20 billion in November 2024

Online ISSN: 2009-5155
CSO statistical publication, , 11am

Key Findings

  • Unadjusted goods exports were €20.5 billion in November 2024, an increase of 28% on exports compared with November 2023.

  • Chemicals and Related Products accounted for over 66% of export value at €13.6 billion in November 2024.

  • Ireland’s exports of goods have grown by 14% in the first 11 months of the year to over €207 billion compared with the same period of 2023.

  • Imports have fallen by €6.8 billion in the period from January to November 2024 when compared with the first 11 months of 2023.

  • Imports in November 2024 were €11.6 billion, a decrease of 18% compared with November 2023.

  • Seasonally adjusted exports were valued at €19.8 billion in November 2024, a fall of €918 million (-4%) compared with October 2024.

Statistician's Comment

The Central Statistics Office (CSO) has today (15 January 2025) published Goods Exports and Imports November 2024.

Commenting on the release, Ciarán Counihan, Statistician in the International Trade in Goods Division, said: “Ireland’s exports of goods in November 2024 were €20.5 billion. This is the third month in succession where exports have exceeded €20 billion.

Exports of goods for the first 11 months of the year were more than €207 billion, an increase of 14% on the same period of 2023.

When seasonally adjusted, exports of goods were down by €918 million when compared with October 2024.

The unadjusted imports for November 2024 were valued at €11.6 billion, an 18% decrease compared with November 2023. Seasonally adjusted imports were €11,188 million in November 2024.

Exports of Chemicals and Related Products accounted for more than 66% of this value at €13.6 billion.”

Headline Table

Table A Goods Exports and Imports seasonally adjusted €million
 ExportsImportsSurplus
October 202420,74410,69110,053
November 202419,82611,1888,638
Value change-918497-1,415
% change-45-14

Seasonally adjusted goods exports were €19.8 billion in November 2024

Seasonally adjusted goods exports decreased by €918 million (-4%) to €19,826 million in November 2024 compared with October 2024, according to preliminary figures.

Seasonally adjusted goods imports went up by €497 million (+5%) to €11,188 million leading to a decrease of €1,415 million (-14%) in the seasonally adjusted trade surplus to €8,638 million in November 2024 compared with October 2024 (See Table 2). Seasonal adjustment compares month-to-month data by removing fluctuations that may occur due to seasonal patterns in trade.

Figure 1 Goods Exports and Imports November 2024 Seasonally Adjusted
Table 1 Goods Exports and Imports summary analysis

Table 2 Goods Exports and Imports seasonally adjusted series

Table B Share of Goods Exports and Imports by region€million
UnadjustedNovember 2023 - 2024 January - November 2023 - 2024
20232024Value change% change 20232024Value change% change
Exports         
Total16,07320,5004,42728 182,260207,71625,45614
Great Britain1,7161,335-381-22 16,57914,709-1,870-11
Northern Ireland453448-4-1 4,5854,7201353
EU276,7177,0253085 76,02782,4846,4568
USA3,9788,0874,109103 49,76967,39817,62935
Rest of World3,2103,60539612 35,30038,4053,1059
         
Imports         
Total14,19611,573-2,623-18 128,331121,546-6,786-5
Great Britain1,5411,439-102-7 19,87215,578-4,294-22
Northern Ireland655435-220-34 4,9244,955321
EU274,5154,298-217-5 43,80544,0162120
USA3,0401,630-1,410-46 20,64020,7721321
 Rest of World4,4453,771-673-15 39,09036,224-2,867-7

Exports and imports by region

The (unadjusted) value of goods exports increased by €4,427 million (+28%) to €20,500 million in November 2024 compared with November 2023. The value of goods exports for the first 11 months of 2024 grew by €25,456 million (+14%) to €207,716 million, when compared with the same period of 2023.

The (unadjusted) value of goods imports decreased by €2,623 million (-18%) to €11,573 million in November 2024 compared with November 2023. The value of goods imports for the period January to November 2024 fell by €6,786 million (-5%) to €121,546 million, when compared with the same period of 2023.

Exports to Great Britain were €1,335 million, which was 7% of total exports in November 2024, a fall of €381 million (-22%) when compared with November 2023. The products which accounted for the largest share of exports were Food & Live Animals with €390 million and Machinery & Transport Equipment at €371 million.

Imports from Great Britain in November 2024 were €1,439 million, which was 12% of the total value of imports. Imports of Machinery & Transport Equipment accounted for €259 million, Food & Live Animals were valued at €258 million, and imports of Mineral Fuels, Lubricants & Related Materials were valued at €258 million (See Table 5).

The EU accounted for €7,025 million (34%) of total goods exports in November 2024, of which €2,093 million went to the Netherlands, €1,386 million went to Belgium, and €1,229 million went to Germany.

The USA was the main non-EU destination accounting for €8,087 million (39%) of total exports in November 2024 (See Table 4).

X-axis labelEU 27Rest of WorldUKUS
Oct 20226.586961722230773.5914411432.080607897330655.306523683
Nov 20226.887169794156363.188474921999992.02301503327065.032571309
Dec 20225.994954273392763.2131901331.592116220429824.503840011
Jan 20237.001669297181862.925172203999991.72091647930193.849700567
Feb 20237.429784533624563.454123632000011.669879090181094.160032732
Mar 20237.227578069255563.767196381999992.124211416907955.6191061
Apr 20236.517811930494922.912263853000011.585515723780624.155685568
May 20236.913105355201243.533047375000022.061473543399164.093419028
Jun 20236.695583300999113.2383297142.74425168211655.694475768
Jul 20236.571809887288022.835267783000012.186928514940054.033586402
Aug 20236.176559466383193.1165743021.694344645990535.118801198
Sep 20237.14323347808052.9036433211.563171753633874.236656503
Oct 20237.633394342493223.404849621999991.644631242069274.829457856
Nov 20236.716957479259713.2095200982.168085549757713.978017765
Dec 20235.152778320905533.109410465000011.242910461023494.264824889
Jan 20247.090033728673793.392077415459991.959255617521016.471491266
Feb 20247.218039357626762.953156122941.609060281336234.15682019
Mar 20246.997393383890184.787526812969992.257317787146625.134415339
Apr 20247.520541651271263.580162343161.757930291389396.555017232
May 20247.136185801048623.464724213379991.767562791667325.670432186
Jun 20246.247084365307263.292727830399991.533382343963285.695378181
Jul 20247.387431188413283.669408708291.681840072857615.168442515
Aug 20246.105454859102042.928899730961.610746062858496.66028139
Sep 202410.61092611241273.311958995200011.605828220091956.951056772
Oct 20249.145660429342533.418687973051.863303471974336.848173797
Nov 20247.02484434608713.605450375491.782896332706428.086813477
X-axis labelEU 27Rest of WorldUKUS
Oct 20224.106304015305253.424538515205853.177788655539391.79897633135657
Nov 20224.018269569102473.814202635110062.469854957869961.82583888094956
Dec 20224.535335228381463.877516917796452.335858880544921.85196719394089
Jan 20232.881285912095423.854848559967332.954041478629491.81484609051063
Feb 20233.710558781513353.234852581663752.527791499879611.68600377733813
Mar 20235.174182055765622.709812093703522.148942225065421.85297748577796
Apr 20233.643313535349813.463148688688282.291394741533171.41027558021653
May 20234.333029250514844.277548380661531.946192282183851.76135485548631
Jun 20234.859063075780753.409744130513032.160265803063572.03181837988862
Jul 20233.769479733486143.497769887342612.092835254470071.53456855119574
Aug 20233.185109012240843.201530133127212.288889916756921.63142817341011
Sep 20233.492446015224923.37157058973992.21383634751852.18538453939873
Oct 20234.241083938697883.624892786270321.975457499593231.69124266706696
Nov 20234.515169334765744.444521175278592.19625960703933.04034378656237
Dec 20234.662433952362523.458496226080411.533754004470742.30869845012033
Jan 20243.283266014724443.178184314237351.653840340209851.55450771668209
Feb 20243.906152513235842.770694771737771.931551845869161.65048803014935
Mar 20244.998074496986152.867229561670131.888948830511992.05632607368043
Apr 20243.674929591095563.655395295241221.657219246468561.78420807255153
May 20243.773003489703833.158185850447251.924750815364292.18520060186128
Jun 20244.485011770079412.988399198757852.050858703873822.04739852690258
Jul 20244.023397110567283.45511924519781.84047418083452.08452930539312
Aug 20243.915809845060943.308558417031631.938252724284552.28928220441781
Sep 20243.433692849704783.622339156003091.729377509856681.94838107611055
Oct 20244.225014821370913.44827354614892.044411691660731.5417051335635
Nov 20244.297887736771473.771164883530091.873910210056741.6301107750145

Exports by product

Exports of Medical & Pharmaceutical Products increased by €4,263 million (+63%) to €11,007 million in November 2024 compared with November 2023, accounting for 54% of total exports.

Exports of Organic Chemicals decreased by €563 million (-34%) to €1,088 million.

Exports of Office Machines & Automatic Data Processing Machines grew by €339 million (+82%) to €754 million.

Exports of Food & Live Animals increased by €101 million (+8%) to €1,406 million (See Table 3).

Figure 4 Exports by product November 2023 - November 2024

Imports by product

Imports of Office Machines & Automatic Data Processing Machines rose by €253 million (+51%) to €750 million in November 2024 compared with November 2023.

Imports of Organic Chemicals were down by €1.4 billion (-68%) to €680 million.

Imports of Other Transport Equipment, including Aircraft decreased by €1.67 billion (-63%) to €961 million.

Imports of Medical & Pharmaceutical Products increased by €164 million (+11%) to €1.6 billion (See Table 3).

Figure 5 Imports by product November 2023 - November 2024
Table 3 Goods Exports and Imports classified by commodity

Table 4 Goods Exports and Imports classified by countries and territories

Table 5 Goods Exports and Imports classified by commodity and principal countries

Table 6 Goods Exports by industrial origin and area of destination

Table 7 Goods Imports by main use and area of origin

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