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Goods Exports and Imports October 2022

The value of exports for the first 10 months of 2022 have already exceeded 2021

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

Key Findings

  • Unadjusted goods exports were €17.6 billion in October 2022, an increase of €2.6 billion compared with October last year.

  • Unadjusted goods imports were €12.6 billion, which was €3.6 billion higher than imports in October 2021.

  • Seasonally adjusted goods exports were €18.3 billion in October 2022, a decrease of €537 million compared with September 2022

  • Seasonally adjusted goods imports were €12.6 billion in October 2022.

  • Imports from Great Britain were €2.8 billion in October 2022, while exports to Great Britain were €1.6 billion.

Statistician's Comment

The Central Statistics Office (CSO) has today (15 December 2022) released Goods Exports and Imports October 2022.

Commenting on the release, Ciarán Counihan, Statistician in the International Trade in Goods Division said: “In October 2022, Ireland’s unadjusted exports of goods increased by €2.6 billion to €17.6 billion compared with October 2021.  When seasonally adjusted, exports of goods fell by €537 million compared with September 2022.

The unadjusted imports for October 2022 were valued at €12.6 billion, an increase of nearly €3.6 billion on October 2021.  Seasonally adjusted imports were €12.6 billion in October 2022.

Comparing the first 10 months of 2022 with the same period in 2021, exports of goods increased by 29%, and the value of imports increased by 42%.  Exports for January to October 2022 were more than €176 billion.  This value already exceeds the total exports for the year 2021 of €165 billion.

Imports from Great Britain grew by 88% to €2.8 billion in October 2022 compared with October 2021, where the largest increases were in the imports of Mineral Fuels and Chemicals and related products.

Exports to Great Britain increased by 52% to €1.6 billion in October 2022.”

Headline Table

Table A Goods Exports and Imports seasonally adjusted
€million
 ExportsImportsSurplus
September 202218,84413,3005,545
October 202218,30712,6285,679
Value change-537-671134
% change-2.9-5.02.4

Seasonally adjusted goods trade exports decreased by €537 million in October 2022

Seasonally adjusted goods exports decreased by €537 million (-3%) to €18,307 million in October 2022 compared with September 2022, according to preliminary figures.

Seasonally adjusted goods imports decreased by €671 million (-5%) to €12,628 million leading to an increase of €134 million (+2%) in the seasonally adjusted trade surplus to €5,679 million in October 2022 compared with September 2022 (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 October 2022 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
UnadjustedOctober 2021 - 2022 January - October 2021 - 2022
20212022Value change% change 20212022Value change% change
Exports         
Total14,95817,5772,61818 137,038176,46639,42929
Great Britain1,0731,63556252 11,58714,5923,00526
Northern Ireland3354349929 3,0484,0781,03034
EU275,1296,5911,46229 51,18967,84516,65633
USA5,7645,312-452-8 43,61453,64110,02723
Rest of World2,6573,60594836 27,60136,3118,71032
          
Imports         
Total8,99412,5703,57640 82,263116,79734,53442
Great Britain1,4872,8021,31588 11,98220,3038,32169
Northern Ireland447388-60-13 3,3734,26689326
EU272,6864,0281,34150 27,75934,6206,86225
USA1,5901,92333321 14,22418,6864,46231
 Rest of World2,7833,43064723 24,92538,92113,99656

Exports and imports by region

The (unadjusted) value of goods exports increased by €2,618 million (+18%) to €17,577 million in October 2022 compared with October 2021. The value of goods exports for the period January to October 2022 increased by €39,429 million (+29%) to €176,466 million, when compared with the same period of 2021.

The (unadjusted) value of goods imports increased by €3,576 million (+40%) to €12,570 million in October 2022 compared with October 2021. The value of goods imports for the first 10 months of 2022 increased by €34,534 million (+42%) to €116,797 million, when compared with the same period of 2021.

Exports to Great Britain accounted for 9% of total exports in October 2022. The products accounting for the largest share of exports were Chemicals & Related Products, with €767 million and Food & Live Animals with €343 million.

Imports from Great Britain in October 2022 were €2,802 million, which was 22% of the total value of imports. Imports of Mineral Fuels accounted for €965 million, and imports of Chemicals & Related Products were valued at €794 million (see Table 5).

The EU accounted for €6,591 million (37%) of total goods exports in October 2022, of which €1,716 million went to Belgium, €1,625 million went to Germany, and €1,113 million went to the Netherlands.

The USA was the main non-EU destination accounting for €5,312 million (30%) of total exports in October 2022 (see Table 4).

X-axis labelEU 27Rest of WorldUKUS
Apr 20214.907132634668442.456983960000011.349188522326513.57577931
May 20215.454788102699732.6899964281.501400880562473.90149927
Jun 20215.602143243949043.1127727041.753209936016544.281263191
Jul 20214.526851182794343.1345597571.790837127557283.750234214
Aug 20214.853425600656522.7857945491.298058714614044.229442456
Sep 20215.856192102924832.7936741251.737164236760244.384452418
Oct 20215.129187880593972.6568385631.407910618567625.764283375
Nov 20215.78712439950222.7635669782.066712392899445.006429187
Dec 20214.686307044882062.9391330361.481324912973173.94675177
Jan 20226.277254623841992.7967547111.748284469296165.244730516
Feb 20226.307500487829983.349213481.386976534656594.825347098
Mar 20227.033288373249324.001691383999991.831354687892077.400502251
Apr 20226.423693943285783.3606734591.933796614460375.490089082
May 20226.282789370595894.347275283999991.946837325403575.416220648
Jun 20226.275805672394413.8343502272.394271308963595.086608588
Jul 20226.289552800236393.306236853999991.574997905818053.674679746
Aug 20228.596849146533533.6237918051.94809551920085.286338789
Sep 20227.767056549416034.0854147531.837331090311945.904288261
Oct 20226.59104593197633.6052432182.068257113555985.312004723
X-axis labelEU 27Rest of WorldUKUS
Apr 20212.818468024699772.706764477614571.489200575880161.23441473238069
May 20213.41812880199522.340162514374051.553997127353571.44673599207556
Jun 20213.686537758305623.12188091276261.778374552956661.30265117268739
Jul 20212.791743766344012.209228411696831.458667579085141.336498983027
Aug 20212.144279270205792.47215954017111.605727168214211.58098671866229
Sep 20212.546513589622042.541222253082681.738502188785971.63970936335317
Oct 20212.686289757647192.783228914400161.934102385219671.5903038632994
Nov 20213.504456884285743.337340206392541.973958568675651.59372048411895
Dec 20213.383593461406563.2546616178332.183510024974072.30676084384214
Jan 20222.655911676607143.26110862417222.130945750062861.31652224622383
Feb 20222.832724430099992.905749117029111.925171645882071.43438147581768
Mar 20223.181089741645914.140741801417052.379018212881752.33093602471201
Apr 20223.541911024155133.475667000045362.415708730386421.87450129891659
May 20223.584142472344225.05576630845262.377342735365752.14742717254763
Jun 20223.737692697421714.631948334180442.581820547101681.89742742630129
Jul 20223.169711340040964.000792666735782.282513376390921.27258290677021
Aug 20223.315720771531644.381133069423222.794487507596332.05752350369794
Sep 20224.573773587295663.638238140102192.49237438059142.43188414696008
Oct 20224.027719525470943.43001986224853.189504292610431.9229057733846

Exports by product

Exports of Medical & Pharmaceutical Products increased by €184 million (+3%) to €6,550 million in October 2022 compared with October 2021. This represented 37% of total exports.

Exports of Organic Chemicals increased by €1,116 million (+52%) to €3,270 million.

Exports of Electrical Machinery, Apparatus, Appliances & Parts increased by €243 million (+23%) to €1,298 million

Exports of Food & Live Animals increased by €173 million (+16%) to €1,266 million in October 2022 compared with October 2021 (see Table 3).

Figure 4 Exports by product October 2021 - October 2022

Imports by product

Imports of Organic Chemicals increased by €453 million (+47%) to €1,428 million, representing 11% of total imports in October 2022.

Imports of Mineral Fuels, Lubricants & Related Products increased by €686 million (+98%) to €1,385 million in October 2022 compared with October 2021.

Imports of Other Transport Equipment (including aircraft) increased by €478 million (+49%) to €1,448 million.

Imports of Office Machines & Automatic Data Processing Machines increased by €203 million (+52%) to €597 million.

The value of goods imports for October 2022 excluding SITC 79 (Other Transport Equipment, Including Aircraft) increased by €3,098 million (+39%) to €11,122 million, compared with the corresponding October 2021 figure of €8,024 million (see Table 3).

Figure 5 Imports by product October 2021 - October 2022
Table 3 Goods Exports and Imports classified by commodity

Table 4 Goods Exports and Imports classified by country

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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