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E-mail: Trade@cso.ie Ciarán Counihan +353 1 4984215 Damian Malone +353 1 4984206

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CSO statistical release, 15 September 2017, 11am

Goods Exports and Imports

July 2017

Seasonally adjusted
€ million
	Exports	Imports	Surplus
February 2017	10,837	6,587	4,250
March 2017	10,824	5,937	4,887
April 2017	9,626	6,716	2,910
May 2017	10,323	6,635	3,688
June 2017	9,842	6,594	3,248
July 2017	9,487	5,281	4,206

Seasonally adjusted goods exports and imports decrease in July

Goods Exports and Imports seasonally adjusted

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Seasonally adjusted goods exports decreased by €355 million (-4%) to €9,487 million in July 2017, compared with June 2017, according to preliminary figures.

Seasonally adjusted goods imports decreased by €1,313 million (-20%) to €5,281 million leading to an increase of €959 million (+30%) in the seasonally adjusted trade surplus to €4,206 million in July 2017 (see Table 2).

Exports of Organic chemicals decrease in July

The (unadjusted) value of goods exports for July 2017 was €8,951 million, a decrease of €347 million (-4%) when compared with July 2016. The value of goods exports for the period January to July 2017 was €71,012 million, an increase of €4,488 million (+7%) when compared with the first seven months of 2016.

Exports of Organic chemicals decreased by €716 million (-36%) to €1,300 million in July 2017 compared with July 2016.

Exports of Electrical machinery, apparatus and appliances decreased by €276 million (-41%) to €399 million.

Exports of Medical and pharmaceutical products increased by €492 million (+23%) to €2,636 million.

Exports of Food and live animals increased by €192 million (+25%) to €952 million over the same comparative period.

Imports of Chemicals and related products decrease in July

The (unadjusted) value of goods imports for July 2017 was €4,965 million, a decrease of €661 million (-12%) when compared with July 2016. The value of goods imports for January to July was €43,199 million, which is an increase of €1,946 million (+5%) compared with the first seven months of 2016.

Imports of Chemicals and related products decreased by €171 million (-13%) to €1,194 million in July 2017 compared with July 2016.

Imports of Petroleum increased by €82 million (+35%) to €317 million over the same comparative period.

The value of goods imports for July 2017 excluding SITC 79 (Other transport equipment, including aircraft) was €4,679 million, an increase of €67 million (+2%) when compared with the corresponding July 2016 figure of €4,612 million. The corresponding figure for January to July 2017 was €35,525 million, an increase of €2,719 million (+8%) compared with the first seven months of 2016.

Exports and imports with Great Britain increase in July

Exports to Great Britain increased by €57 million (+5%) to €1,142 million in July 2017 compared with July 2016. The main increase was in the exports of Food and live animals (see Table 5). Exports to Great Britain increased in January to July by €895 million (+12%) compared with the first seven months of 2016.

Imports from Great Britain increased by €59 million (+5%) to €1,278 million in July 2017 compared with July 2016. There were increases in the imports of Food and live animals and Chemicals and related products. Imports from Great Britain for the first seven months of 2017 increased by €686 million (+8%) compared with the first seven months of 2016.

Geographic breakdown of goods exports and imports

The EU accounted for €4,804 million (54%) of total goods exports in July 2017, an increase of €244 million (5%) compared with July 2016. Exports to Belgium were €1,071 million and to Germany were €623 million.

The USA was the main non-EU destination accounting for €2,042 million (23%) of total exports in July 2017.

The EU accounted for 62% of the value of goods imports in July 2017. Total EU imports of €3,091 million represents a decrease of €282 million (-8%) compared with July 2016.

The USA with €710 million (14%) and China with €351 million (7%) were the main non-EU sources of imports. The total value of imports from non-EU countries in July 2017 was €1,874 million, a decrease of €379 million (-17%) compared with July 2016.

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 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.

Show Table 1 Goods Exports and Imports summary analysis

Table 1 Goods Exports and Imports summary analysis
Period		Value¹			Volume index²		Unit value index²
		Exports	Imports	Trade surplus	Base year 2010=100
		Exports	Imports	Trade surplus	Base year 2010=100
		€m	€m	€m	Exports	Imports	Exports	Imports	Terms of trade³
		€m	€m	€m	Exports	Imports	Exports	Imports	Terms of trade³
2000		83,986	54,960	29,026	86.7	107.8	106.5	104.7	101.7
2001		92,730	56,455	36,275	104.6	116.0	97.5	99.9	97.6
2002		94,059	55,106	38,953	110.7	122.0	93.4	92.7	100.8
2003		82,585	48,515	34,070	99.2	112.6	91.6	88.4	103.5
2004		84,949	51,557	33,392	101.9	108.7	91.7	97.4	94.1
2005		87,173	58,463	28,710	101.3	125.7	94.6	95.5	99.1
2006		87,497	63,833	23,664	99.4	132.4	96.9	99.0	97.8
2007		90,580	65,939	24,640	102.9	141.8	96.8	95.5	101.4
2008		88,503	59,336	29,168	93.2	126.8	104.4	96.1	108.6
2009		87,586	48,203	39,382	103.5	108.3	93.1	91.4	101.8
2010		90,924	48,695	42,229	100.0	100.0	100.0	100.0	100.0
2011		93,191	53,035	40,155	106.1	110.4	96.6	98.7	97.9
2012		93,507	56,179	37,328	100.6	120.2	102.2	96.0	106.5
2013		89,182	55,787	33,394	101.1	123.5	97.0	92.8	104.6
2014		92,616	62,158	30,458	103.8	130.1	98.2	98.1	100.1
2015		112,407	70,111	42,296	115.5	143.6	106.8	100.3	106.5
2016		117,546	72,317	45,228	125.6	158.2	102.7	93.3	110.2

2014	Quarter 1	21,765	15,227	6,538	102.1	129.8	93.7	96.5	97.2
	Quarter 2	23,559	14,745	8,814	105.9	127.7	97.8	94.9	103.0
	Quarter 3	23,271	15,345	7,926	103.6	127.5	98.9	98.9	100.0
	Quarter 4	24,021	16,840	7,180	103.3	139.1	102.3	99.5	102.9
2015	Quarter 1	26,043	16,864	9,179	110.0	138.6	104.0	99.9	104.2
	Quarter 2	28,705	16,983	11,721	114.7	134.9	110.1	103.6	106.4
	Quarter 3	27,477	16,738	10,739	114.5	134.9	105.5	102.1	103.5
	Quarter 4	30,183	19,526	10,657	123.6	168.1	107.4	95.4	112.5
2016	Quarter 1	27,300	17,206	10,094	119.5	158.0	100.7	89.4	112.6
	Quarter 2	29,926	18,420	11,505	129.0	159.5	102.0	94.8	107.6
	Quarter 3	29,886	17,608	12,278	126.5	152.5	103.6	94.2	110.1
	Quarter 4	30,434	19,083	11,352	127.6	162.8	104.6	94.7	110.5
2017	Quarter 1	31,465	18,566	12,899	135.1	155.4	102.4	98.2	104.3
	Quarter 2	30,596	19,668	10,928	134.8	171.6	99.9	94.3	106.0

2014	January	7,085	5,181	1,904	99.6	131.8	93.9	96.9	96.9
	February	6,959	4,611	2,348	98.9	116.3	92.9	97.7	95.1
	March	7,720	5,434	2,286	107.9	141.3	94.4	94.8	99.6
	April	7,322	4,866	2,455	102.7	129.3	94.1	92.7	101.5
	May	8,158	4,972	3,187	109.6	130.1	98.2	94.2	104.2
	June	8,080	4,907	3,172	105.4	123.6	101.2	97.9	103.4
	July	7,252	5,267	1,984	96.3	133.1	99.4	97.5	101.9
	August	7,773	4,795	2,978	104.8	118.7	97.9	99.6	98.3
	September	8,247	5,283	2,964	109.6	130.8	99.3	99.6	99.7
	October	7,932	5,586	2,347	102.7	139.0	101.9	99.0	102.9
	November	7,864	5,584	2,280	99.1	138.2	104.7	99.5	105.2
	December	8,224	5,671	2,553	108.1	140.0	100.4	99.8	100.6

2015	January	8,290	5,368	2,922	106.3	131.7	102.9	100.5	102.4
	February	8,348	5,136	3,212	106.9	129.5	103.0	97.8	105.4
	March	9,405	6,360	3,045	116.8	154.6	106.2	101.4	104.8
	April	9,614	5,637	3,977	115.0	131.8	110.3	105.4	104.6
	May	9,180	5,535	3,645	109.5	127.7	110.6	106.8	103.6
	June	9,911	5,811	4,099	119.5	145.3	109.4	98.5	111.0
	July	9,413	5,765	3,648	115.1	138.3	107.9	102.7	105.0
	August	8,626	5,209	3,416	112.1	122.5	101.6	104.8	97.0
	September	9,438	5,763	3,675	116.3	143.8	107.1	98.7	108.5
	October	10,754	6,336	4,418	128.0	164.7	110.9	94.8	116.9
	November	10,179	6,196	3,983	128.2	158.0	104.8	96.6	108.4
	December	9,251	6,994	2,256	114.5	181.6	106.6	94.9	112.3

2016⁴	January	8,761	5,031	3,730	120.9	142.6	95.6	87.0	110.0
	February	8,434	5,368	3,066	105.0	144.4	106.0	91.6	115.8
	March	10,104	6,807	3,297	132.6	187.0	100.6	89.7	112.1
	April	9,921	5,480	4,442	125.8	144.6	104.1	93.4	111.5
	May	9,273	6,299	2,974	123.6	164.7	99.0	94.2	105.0
	June	10,732	6,642	4,090	137.7	169.3	102.8	96.7	106.4
	July	9,298	5,626	3,672	120.4	144.2	101.9	96.2	106.0
	August	10,333	5,610	4,723	130.8	146.1	103.4	93.1	111.1
	September	10,255	6,373	3,882	128.2	167.1	105.6	93.4	113.1
	October	10,067	5,595	4,472	129.3	142.6	103.1	95.9	107.5
	November	11,088	7,131	3,958	140.6	183.9	104.1	94.4	110.3
	December	9,279	6,357	2,922	113.0	162.0	106.6	93.7	113.8

2017⁴	January	9,730	5,667	4,064	122.6	141.7	104.7	98.5	106.3
	February	9,938	6,128	3,810	132.6	152.9	98.9	98.8	100.1
	March	11,797	6,771	5,026	150.2	171.6	103.7	97.2	106.6
	April	9,629	6,214	3,415	124.6	158.5	102.0	96.6	105.6
	May	10,325	6,781	3,544	137.3	178.8	99.2	93.5	106.2
	June	10,643	6,673	3,969	142.5	177.4	98.5	92.7	106.3
	July	8,951	4,965	3,986	117.8	140.3	100.3	87.2	115.0
¹Trade statistics revised since 2000, see background notes.
²Monthly data have been rescaled to make their average equal to the annual.
³Export unit value index divided by Import unit value index.
⁴ Revised. July 2017 is based on current Intrastat response levels. See background notes.

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Open in Excel: Goods Exports and Imports July 2017 Table 1 (XLS 19KB)

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Show Table 2 Goods Exports and Imports seasonally adjusted series

Table 2 Goods Exports and Imports seasonally adjusted¹series
Period		Value			Volume index
		Exports	Imports	Trade surplus	Base year 2010=100
		Exports	Imports	Trade surplus	Base year 2010=100
		€m	€m	€m	Exports	Imports
2013	Quarter 1	21,731	13,474	8,257	93.8	121.8
	Quarter 2	22,023	13,966	8,057	102.1	122.5
	Quarter 3	22,935	14,093	8,841	105.9	123.8
	Quarter 4	22,660	14,319	8,342	104.5	127.0
2014	Quarter 1	21,807	14,448	7,359	102.0	124.2
	Quarter 2	23,183	14,834	8,349	105.1	128.0
	Quarter 3	23,369	16,264	7,105	104.0	134.1
	Quarter 4	24,624	16,804	7,820	105.5	138.8
2015	Quarter 1	26,286	16,062	10,224	112.0	130.9
	Quarter 2	28,460	17,271	11,189	112.9	134.8
	Quarter 3	27,211	17,612	9,599	113.7	143.5
	Quarter 4	30,823	19,205	11,618	125.8	167.6
2016	Quarter 1	27,361	16,291	11,070	119.7	149.6
	Quarter 2	29,385	18,576	10,810	126.5	161.3
	Quarter 3	29,749	18,521	11,227	125.7	161.2
	Quarter 4	30,627	18,841	11,786	129.0	159.6
2017	Quarter 1	32,246	18,070	14,176	135.7	149.7
	Quarter 2	29,791	19,945	9,846	131.7	175.4

2013	January	6,977	4,457	2,520	93.6	124.6
	February	7,170	4,597	2,574	93.3	122.4
	March	7,584	4,420	3,164	94.6	118.3
	April	7,531	4,603	2,928	98.8	121.5
	May	7,246	4,589	2,657	101.2	121.4
	June	7,246	4,775	2,472	106.2	124.7
	July	7,568	4,666	2,902	110.5	122.2
	August	7,876	4,932	2,944	105.0	128.9
	September	7,490	4,495	2,995	102.3	120.2
	October	7,501	4,765	2,736	105.7	125.9
	November	7,233	4,908	2,325	99.4	130.7
	December	7,927	4,646	3,281	108.5	124.5
2014	January	7,273	4,713	2,560	102.9	121.7
	February	7,415	4,612	2,803	104.2	117.9
	March	7,119	5,123	1,996	99.0	133.0
	April	7,080	4,572	2,508	100.6	123.0
	May	8,171	5,264	2,907	109.9	134.6
	June	7,932	4,998	2,934	104.8	126.4
	July	6,951	5,591	1,360	92.7	140.2
	August	8,388	5,384	3,004	113.3	131.3
	September	8,030	5,289	2,741	105.9	130.7
	October	7,873	5,509	2,364	100.2	135.3
	November	7,408	5,799	1,609	94.1	144.6
	December	9,343	5,496	3,848	122.2	136.4

2015	January	8,641	5,007	3,633	110.1	126.5
	February	8,966	5,316	3,650	115.2	130.5
	March	8,679	5,739	2,941	110.6	135.6
	April	9,740	5,678	4,061	117.7	129.0
	May	9,376	5,887	3,489	107.8	133.7
	June	9,345	5,706	3,639	113.3	141.7
	July	9,076	6,102	2,974	113.6	147.5
	August	9,150	5,725	3,425	117.8	137.4
	September	8,986	5,786	3,200	109.6	145.7
	October	10,820	6,250	4,570	128.0	165.5
	November	9,521	6,108	3,413	120.4	158.1
	December	10,482	6,846	3,635	129.0	179.1

2016	January	9,309	4,980	4,330	127.0	145.3
	February	8,807	5,414	3,393	108.7	143.8
	March	9,244	5,897	3,347	123.3	159.6
	April	9,746	5,605	4,141	125.3	148.7
	May	9,528	6,396	3,131	124.8	167.8
	June	10,112	6,575	3,538	129.4	167.4
	July	9,092	6,075	3,017	118.3	156.8
	August	10,564	5,868	4,695	132.1	155.2
	September	10,093	6,578	3,515	126.7	171.6
	October	10,223	5,685	4,538	130.1	144.4
	November	10,315	6,748	3,567	130.0	171.3
	December	10,089	6,408	3,681	127.0	163.1

2017	January	10,585	5,546	5,039	129.3	138.0
	February	10,837	6,587	4,250	139.1	162.2
	March	10,824	5,937	4,887	138.8	149.0
	April	9,626	6,716	2,910	126.0	172.0
	May	10,323	6,635	3,688	134.6	177.6
	June	9,842	6,594	3,248	134.5	176.5
	July	9,487	5,281	4,206	124.9	151.3
¹Based on seasonal patterns up to December 2016. Accordingly all values in this table may have been revised.

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Show Table 3 Goods Exports and Imports classified by commodity

Table 3 Goods Exports and Imports classified by commodity¹
€million
SITC (Rev 4)			Exports				Imports
			Exports				Imports
			Jul	Jul	Jan-Jul	Jan-Jul	Jul	Jul	Jan-Jul	Jan-Jul
			2016	2017	2016	2017	2016	2017	2016	2017
0	Food and live animals		760	952	5,586	6,474	520	581	3,770	4,013
	00	Live animals other than animals of Division 03	13	49	117	206	13	19	83	93
	01	Meat and meat preparations	259	295	2,001	2,125	77	76	543	547
	02	Dairy products and birds' eggs	146	234	920	1,331	40	69	361	449
	03	Fish, crustaceans, molluscs and preparations thereof	43	46	317	371	20	24	153	165
	04	Cereals and cereal preparations	32	34	221	237	78	82	586	617
	05	Vegetables and fruit	24	29	166	182	99	127	721	760
	06	Sugars, sugar preparations and honey	13	10	133	91	35	33	226	219
	07	Coffee, tea, cocoa, spices and manufactures thereof	34	34	224	217	40	40	304	316
	08	Feeding stuff for animals (excluding unmilled cereals)	24	29	155	181	56	57	444	453
	09	Miscellaneous edible products and preparations	171	193	1,331	1,533	63	55	348	395
1	Beverages and tobacco		111	119	692	711	68	75	502	471
	11	Beverages	108	119	663	708	65	69	440	433
	12	Tobacco and tobacco manufactures	3	0	29	2	4	6	62	39
2	Crude materials, inedible, except fuels		127	144	872	1,020	59	65	487	513
	21	Hides, skins and furskins, raw	9	10	74	77	0	-	0	0
	22	Oil seeds and oleaginous fruits	1	1	8	6	1	2	17	18
	23	Crude rubber (including synthetic and reclaimed)	0	0	1	1	1	1	6	7
	24	Cork and wood	13	5	97	77	12	12	88	85
	25	Pulp and waste paper	5	6	36	44	5	5	34	33
	26	Textile fibres and their wastes	11	10	78	76	1	1	9	8
	27	Crude fertilisers and minerals (excluding coal, petroleum and precious stones)	10	13	80	77	11	13	81	95
	28	Metalliferous ores and metal scrap	68	86	424	585	18	18	131	140
	29	Crude animal and vegetable materials nes	10	12	75	76	11	13	121	126
3	Mineral fuels, lubricants and related materials		56	74	399	562	281	378	2,061	2,608
	32	Coal, coke and briquettes	5	6	69	62	7	15	77	131
	33	Petroleum, petroleum products and related materials	37	56	290	435	235	317	1,557	2,057
	34	Gas, natural and manufactured	4	1	9	10	37	42	416	398
	35	Electric current	11	10	30	56	1	3	12	23
4	Animal and vegetable oils, fats and waxes		5	9	44	64	18	23	139	161
	41	Animal oils and fats	5	8	39	56	2	2	12	13
	42	Fixed vegetable fats and oils	1	1	4	7	14	19	111	136
	43	Animal or vegetable fats and oils, processed; waxes	0	0	1	1	2	2	16	12
5	Chemicals and related products		5,295	4,970	37,556	40,242	1,365	1,194	8,382	10,303
	51	Organic chemicals	2,016	1,300	13,432	11,470	398	248	2,329	2,006
	52	Inorganic chemicals	22	27	84	95	24	18	165	188
	53	Dyeing, tanning and colouring materials	36	32	117	216	19	21	132	145
	54	Medical and pharmaceutical products	2,145	2,636	16,601	21,010	624	570	3,436	5,468
	55	Essential oils; perfume materials; toilet and cleansing preparations	705	599	4,812	4,771	105	122	767	790
	56	Fertilisers (other than those of Division 27)	0	1	4	4	21	22	239	254
	57	Plastics in primary forms	24	24	211	202	62	70	481	554
	58	Plastics in non-primary forms	40	37	287	296	49	53	341	363
	59	Chemical materials and products nes	306	314	2,008	2,178	62	70	490	535
6	Manufactured goods classified chiefly by material		165	176	1,265	1,291	399	412	2,753	2,861
	61	Leather; leather manufactures nes; dressed furskins	3	3	19	19	2	1	13	11
	62	Rubber manufactures nes	7	6	51	45	26	26	185	176
	63	Cork and wood manufactures (excluding furniture)	20	22	150	165	23	23	148	165
	64	Paper, paperboard and articles thereof	12	13	90	90	70	72	497	498
	65	Textile yarn, fabrics, made-up articles and related products	14	12	103	89	37	41	271	271
	66	Non-metallic mineral manufactures nes	34	31	263	260	43	44	294	310
	67	Iron and steel	12	14	94	99	52	56	378	413
	68	Non-ferrous metals	7	9	48	60	44	53	331	326
	69	Manufactures of metals nes	55	67	446	463	103	97	636	691
7	Machinery and transport equipment		1,551	1,090	11,110	11,182	2,120	1,388	17,343	16,496
	71	Power generating machinery and equipment	75	71	380	424	58	96	407	623
	72	Machinery specialised for particular industries	44	47	406	410	89	97	782	792
	73	Metalworking machinery	2	4	13	20	10	7	69	66
	74	General industrial machinery and equipment nes and parts nes	172	159	998	1,109	129	121	926	903
	75	Office machines and automatic data processing machines (including computers)	284	279	2,141	1,941	269	244	1,926	1,923
	76	Telecommunications and sound equipment	68	73	525	560	122	132	870	877
	77	Electrical machinery, apparatus and appliances nes and parts	675	399	3,884	4,287	196	197	1,428	1,459
	78	Road vehicles (including air-cushion vehicles)	27	24	201	187	234	209	2,490	2,178
	79	Other transport equipment (including aircraft)	204	33	2,563	2,243	1,014	286	8,446	7,674
8	Miscellaneous manufactured articles		1,158	1,260	8,494	8,760	620	652	4,591	4,562
	81	Prefab buildings; plumbing and electrical fixtures and fittings	16	9	96	81	19	19	132	144
	82	Furniture and parts thereof; bedding, cushions etc	12	13	112	110	34	40	247	275
	83	Travel goods, handbags and similar containers	2	1	15	16	12	12	79	84
	84	Articles of apparel; clothing accessories	28	19	182	154	148	146	1,020	991
	85	Footwear	4	2	28	22	34	33	216	220
	87	Professional, scientific and controlling apparatus nes	486	481	3,519	3,592	122	151	1,000	986
	88	Photographic apparatus; optical goods; watches and clocks	100	185	699	860	31	30	244	251
	89	Miscellaneous manufactured articles nes	510	550	3,843	3,926	220	221	1,653	1,611
9	Commodities and transactions not classified elsewhere		14	16	141	186	31	35	206	238
Unclassified estimates²			56	142	364	520	144	162	1018	973

Total			9,298	8,951	66,524	71,012	5,626	4,965	41,252	43,199
¹ Trade statistics revised since 2000. July 2017 is based on current Intrastat response levels. See background notes.
² Estimates for which a commodity classification is not available.

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Table 4 Goods Exports and Imports classified by country¹
€million
Country	Exports				Imports
	Jul	Jul	Jan-Jul	Jan-Jul	Jul	Jul	Jan-Jul	Jan-Jul
	2016	2017	2016	2017	2016	2017	2016	2017
Austria	30	35	220	223	20	25	158	173
Belgium	1,056	1,071	8,303	7,873	123	124	811	809
Bulgaria	7	8	48	52	2	2	27	13
Croatia	4	4	25	23	0	1	23	5
Cyprus	2	2	19	14	0	0	2	2
Czech Republic	30	30	211	226	24	29	271	231
Denmark	45	45	352	345	37	36	242	248
Estonia	2	1	31	14	1	1	7	6
Finland	19	23	144	197	10	11	98	88
France	394	406	2,934	2,945	691	448	5,059	5,038
Germany	581	623	4,536	5,687	535	421	4,182	3,972
Great Britain	1,085	1,142	7,388	8,282	1,220	1,278	8,841	9,527
Greece	27	27	167	174	5	6	28	41
Hungary	21	37	174	182	48	11	103	68
Italy	181	226	1,433	1,489	136	109	806	987
Latvia	3	6	33	28	2	4	22	32
Lithuania	3	2	21	14	4	5	41	48
Luxembourg	5	11	40	59	2	3	17	17
Malta	3	2	31	18	1	1	7	5
Netherlands	422	462	3,271	3,318	211	226	1,529	1,380
Northern Ireland	123	151	941	1,095	80	102	610	712
Poland	98	121	873	717	50	49	336	348
Portugal	42	55	249	302	23	21	143	147
Romania	23	31	167	186	10	8	61	57
Slovakia	5	4	50	30	11	4	35	24
Slovenia	8	5	50	43	2	2	27	19
Spain	266	217	1,863	1,612	78	111	653	801
Sweden	55	49	446	434	31	30	267	279
EU country not specified²	20	9	223	341	16	25	186	166
Total EU	4,559	4,804	34,243	35,925	3,373	3,091	24,593	25,241
of which United Kingdom	1,208	1,293	8,329	9,378	1,299	1,380	9,452	10,239
Euro-Zone³	3,046	3,178	23,373	24,040	1,852	1,521	13,585	13,589

Australia	127	139	853	553	14	5	61	46
Brazil	19	13	138	101	12	16	178	108
Canada	68	93	562	655	18	35	354	355
China⁴	260	358	1,707	3,346	338	351	2,294	2,429
India	19	34	167	205	37	63	331	361
Japan	174	140	1,367	1,245	86	98	788	735
Malaysia	19	16	121	106	20	26	180	186
Mexico	140	100	812	876	29	18	208	176
Norway	23	47	137	253	81	85	564	715
Russia	32	39	206	285	7	28	106	224
Saudi Arabia	64	56	561	467	3	1	7	5
Singapore	34	48	330	403	81	13	233	112
South Africa	14	21	123	137	11	11	56	65
South Korea	133	47	549	345	43	73	484	597
Switzerland	736	564	3,300	3,705	171	34	863	341
Taiwan	26	29	131	143	38	30	229	164
Thailand	21	12	123	100	33	30	248	233
Turkey	37	43	300	299	36	36	296	321
USA	2,203	2,042	17,199	19,322	932	710	7,298	8,877
Other countries	565	308	3,268	2,342	192	184	1,274	1,363
Country unknown⁵	24	1	328	200	69	26	609	547
Total Non-EU	4,739	4,147	32,281	35,087	2,253	1,874	16,659	17,958

Total	9,298	8,951	66,524	71,012	5,626	4,965	41,252	43,199
¹ Trade statistics revised since 2000. July 2017 is based on current Intrastat response levels. See background notes.
²Includes estimates for traders below the Intrastat threshold and transactions where the EU country was not specified.
³Euro-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.
⁵Trade for which the country of origin or country of final destination is unknown.

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Table 5 Goods Exports and Imports classified by commodity and principal countries¹
€million
		Exports				Imports
	Country by Section level of SITC	Jul	Jul	Jan-Jul	Jan-Jul	Jul	Jul	Jan-Jul	Jan-Jul
		2016	2017	2016	2017	2016	2017	2016	2017
Great Britain		1,085	1,142	7,388	8,282	1,220	1,278	8,841	9,527
0	Food and live animals	271	318	1,995	2,177	203	227	1,520	1,582
1	Beverages and tobacco	19	17	119	112	24	24	177	151
2	Crude materials, inedible, except fuels	32	26	216	220	10	11	91	102
3	Mineral fuels, lubricants and related materials	52	20	262	193	163	173	1,147	1,369
4	Animal and vegetable oils, fats and waxes	1	1	6	7	4	4	26	29
5	Chemicals and related products	349	357	2,129	2,909	189	212	1,348	1,831
6	Manufactured goods classified chiefly by material	71	72	545	540	138	147	999	1,038
7	Machinery and transport equipment	173	137	1,258	1,177	243	233	1,724	1,698
8	Miscellaneous manufactured articles	89	147	661	727	162	166	1,208	1,188
9	Commodities and transactions not classified elsewhere	29	47	197	221	85	80	601	539
Other EU²		3,474	3,661	26,855	27,642	2,153	1,812	15,752	15,714
0	Food and live animals	286	355	2,040	2,399	224	268	1,599	1,774
1	Beverages and tobacco	33	32	232	208	31	37	226	229
2	Crude materials, inedible, except fuels	65	71	456	541	19	23	165	180
3	Mineral fuels, lubricants and related materials	4	22	77	186	15	44	185	166
4	Animal and vegetable oils, fats and waxes	4	8	35	55	11	14	87	102
5	Chemicals and related products	2,143	2,242	16,074	16,678	430	429	3,006	3,379
6	Manufactured goods classified chiefly by material	61	69	492	499	146	151	1,027	1,020
7	Machinery and transport equipment	399	346	3,699	3,669	1,073	606	7,936	7,334
8	Miscellaneous manufactured articles	444	413	3,522	3,038	135	147	1,026	1,004
9	Commodities and transactions not classified elsewhere	36	104	230	369	70	93	494	527
USA		2,203	2,042	17,199	19,322	932	710	7,298	8,877
0	Food and live animals	32	40	207	297	19	19	139	119
1	Beverages and tobacco	43	50	255	292	1	1	10	10
2	Crude materials, inedible, except fuels	3	4	23	27	4	3	26	30
3	Mineral fuels, lubricants and related materials	0	16	56	84	17	7	111	141
4	Animal and vegetable oils, fats and waxes	-	-	0	0	0	0	1	0
5	Chemicals and related products	1,306	1,237	10,847	12,355	371	376	1,849	3,578
6	Manufactured goods classified chiefly by material	18	21	119	150	26	29	223	230
7	Machinery and transport equipment	387	208	2,883	2,772	395	167	4,149	4,008
8	Miscellaneous manufactured articles	411	461	2,787	3,308	90	98	742	699
9	Commodities and transactions not classified elsewhere	3	5	21	36	8	9	48	62
China³		260	358	1,707	3,346	338	351	2,294	2,429
0	Food and live animals	49	66	493	559	2	2	17	21
1	Beverages and tobacco	0	0	3	3	0	0	0	0
2	Crude materials, inedible, except fuels	7	6	53	46	2	3	23	25
3	Mineral fuels, lubricants and related materials	0	0	0	0	0	0	0	0
4	Animal and vegetable oils, fats and waxes	0	0	2	1	0	0	0	0
5	Chemicals and related products	69	60	525	543	22	26	196	172
6	Manufactured goods classified chiefly by material	1	2	16	15	42	43	235	271
7	Machinery and transport equipment	104	171	365	1,870	160	165	1,110	1,199
8	Miscellaneous manufactured articles	29	53	251	308	104	107	677	703
9	Commodities and transactions not classified elsewhere	0	0	0	0	5	6	37	36
Rest of World		2,276	1,747	13,375	12,419	983	813	7,067	6,652
0	Food and live animals	123	173	851	1,041	72	65	495	516
1	Beverages and tobacco	16	20	83	96	13	13	88	81
2	Crude materials, inedible, except fuels	19	37	124	185	24	25	182	177
3	Mineral fuels, lubricants and related materials	0	15	3	100	86	153	619	932
4	Animal and vegetable oils, fats and waxes	0	0	2	1	3	4	25	30
5	Chemicals and related products	1,428	1,075	7,982	7,757	353	151	1,983	1,342
6	Manufactured goods classified chiefly by material	13	11	93	86	47	41	269	302
7	Machinery and transport equipment	488	226	2,906	1,694	249	218	2,423	2,257
8	Miscellaneous manufactured articles	186	187	1,273	1,379	128	134	939	968
9	Commodities and transactions not classified elsewhere	2	2	57	81	8	8	46	47

Total		9,298	8,951	66,524	71,012	5,626	4,965	41,252	43,199
¹ Trade statistics revised since 2000. July 2017 is based on current Intrastat response levels. See background notes.
²Includes estimates for traders below the Intrastat threshold and transactions where the EU country was not specified.
³ China includes Hong Kong and Macao.

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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 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 (June 2017 in this publication), -4 (March 2017) and -8 (November 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 July 2017 was 65%, covering an estimated 93% of the total value of intra-EU trade (these response rates will have increased by the next time data for July 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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Goods Exports and Imports

July 2017

Seasonally adjusted goods exports and imports decrease in July

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