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Goods Exports and Imports September 2024

Record exports of over €22 billion in September 2024

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

Key Findings

  • Exports of goods in September 2024 were €22.2 billion, the highest monthly exports on record.

  • Chemicals & Related Products made up over 70% of the value of exports in September 2024.

  • Ireland’s exports of goods have grown by 12% in the first nine months of the year to almost €166 billion.

  • Imports have fallen by €4 billion in the period from January to September 2024.

  • Imports in September 2024 were €10.7 billion, a decrease of 5% compared with September 2023.

  • Seasonally adjusted exports were valued at €22 billion in September 2024, up over €4 billion compared with August 2024.

Statistician's Comment

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

Commenting on the release, Ciarán Counihan, Statistician in the International Trade in Goods Division, said: “Ireland’s exports of goods in September 2024 were €22.2 billion, the highest monthly export total on record.  Exports of Chemicals & Related Products accounted for €15.8 billion, or 71% of this total.

Exports of goods for the first nine months of the year were almost €166 billion, an increase of 12% on the same period of 2023.

When seasonally adjusted, exports of goods grew by €4 billion when compared with August 2024.

The unadjusted imports for September 2024 were valued at €10.7 billion, down more than €600 million on September 2023. Seasonally adjusted imports were €11 billion in September 2024.

Exports to Great Britain have fallen by 13% in the first nine months of 2024, while exports to the US have grown by 28% in the same period.”

Headline Table

Table A Goods Exports and Imports seasonally adjusted €million
 ExportsImportsSurplus
August 202417,95312,5335,420
September 202422,01811,01611,002
Value change4,065-1,5175,582
% change22.6-12.1103.0

Seasonally adjusted goods exports were €22 billion in September 2024

Seasonally adjusted goods exports grew by €4,065 million (+23%) to €22,018 million in September 2024 compared with August 2024, according to preliminary figures.

Seasonally adjusted goods imports decreased by €1,517 million (-12%) to €11,016 million leading to an increase of €5,582 million (+103%) in the seasonally adjusted trade surplus to €11,002 million in September 2024 compared with August 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 September 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
UnadjustedSeptember 2023 - 2024 January - September 2023 - 2024
20232024Value change% change 20232024Value change% change
Exports         
Total15,84722,2446,39840 148,675165,85017,17612
Great Britain1,1281,170424 13,70311,981-1,722-13
Northern Ireland43543610 3,6483,7901424
EU277,14310,3703,22645 61,67766,1644,4877
USA4,2376,9562,71964 40,96152,54211,58028
Rest of World2,9043,31240914 28,68631,3742,6889
         
Imports         
Total11,26310,653-610-5 102,60298,403-4,199-4
Great Britain1,8511,322-530-29 16,83012,709-4,121-24
Northern Ireland3624124914 3,7953,9131183
EU273,4923,378-114-3 35,04835,3563071
USA2,1851,898-287-13 15,90917,3921,4849
 Rest of World3,3723,6432718 31,02129,034-1,987-6

Exports and imports by region

The (unadjusted) value of goods exports increased by €6,398 million (+40%) to €22,244 million in September 2024 compared with September 2023. The value of goods exports for the first nine months of 2024 grew by €17,176 million (+12%) to €165,850 million, when compared with the same period of 2023.

The (unadjusted) value of goods imports decreased by €610 million (-5%) to €10,653 million in September 2024 compared with September 2023. The value of goods imports for the period January to September 2024 fell by €4,199 million (-4%) to €98,403 million, when compared with the same period of 2023.

Exports to Great Britain were €1,170 million, which was 5% of total exports in September 2024, an increase of €42 million (+4%) when compared with September 2023. The products which accounted for the largest share of exports were Food & Live Animals with €383 million and Chemicals & Related Products at €260 million.

Imports from Great Britain in September 2024 were €1,322 million, which was 12% of the total value of imports. Imports of Mineral Fuels, Lubricants & Related Materials were valued at €272 million, and imports of Machinery & Transport Equipment accounted for €240 million. (See Table 5).

The EU accounted for €10,370 million (47%) of total goods exports in September 2024, of which €2,660 million went to Belgium, €2,450 million went to the Netherlands, and €1,731 million went to Germany.

The USA was the main non-EU destination accounting for €6,956 million (31%) of total exports in September 2024 (See Table 4).

X-axis labelEU 27Rest of WorldUKUS
Aug 20228.55059634679393.6237918051.926268495332775.286338789
Sep 20227.594419986750934.0854354171.849918090254055.904198153
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 20247.692289845387453.533918973159991.750188438691356.602513295
May 20247.056396131128693.504016576379991.762743835279785.696482235
Jun 20246.247084365307263.292727830399991.533382343963285.695378181
Jul 20247.387431188413283.669408708291.681840072857615.168442515
Aug 20246.105454859102042.928899730961.610746062858496.66028139
Sep 202410.36968728443463.312214304200011.606418704016676.955955289
X-axis labelEU 27Rest of WorldUKUS
Aug 20223.224706554907284.422665966146232.717226476837282.10920545319726
Sep 20224.187917654413823.650206186022822.519287627358942.44974277170222
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 20243.59423565335843.66255491413961.646740649245351.62636570733406
May 20243.771254151352433.159956117983921.937712756606612.18503839506553
Jun 20244.485011770079412.988399198757852.050858703873822.04739852690258
Jul 20244.023397110567283.45511924519781.84047418083452.08452930539312
Aug 20243.915809845060943.308558417031631.938252724284552.28928220441781
Sep 20243.378347238348913.642852294119061.733330644590611.89833333680137

Exports by product

Exports of Medical & Pharmaceutical Products increased by €4,663 million (+77%) to €10,690 million in September 2024 compared with September 2023, accounting for 48% of total exports.

Exports of Organic Chemicals increased by €1,046 million (+17%) to €3,682 million.

Exports of Electrical Machinery, Apparatus & Appliances grew by €280 million (+39%) to €995 million.

Exports of Food & Live Animals increased by €82 million (+6%) to €1,377 million. (See Table 3).

Figure 4 Exports by product September 2023 - September 2024

Imports by product

Imports of Office Machines & Automatic Data Processing Machines increased by €299 million (+64%) to €770 million in September 2024 compared with September 2023.

Imports of Organic Chemicals were down by €773 million (-51%) to €754 million.

Imports of Other Transport Equipment, including Aircraft decreased by €700 million (-40%) to €1,069 million.

Imports of Machinery Specialised for Particular Industries decreased by €191 million (-42%) to €262 million. (See Table 3).

Figure 5 Imports by product September 2023 - September 2024
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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