Ireland Balance of Trade 1970-2015 | Data | Chart | Calendar | Forecast

Ireland recorded a trade surplus of 3425000 EUR Thousand in March of 2015. Balance of Trade in Ireland averaged 1149251.56 EUR Thousand from 1970 until 2015, reaching an all time high of 4972800 EUR Thousand in August of 2012 and a record low of -294081 EUR Thousand in July of 1981. Balance of Trade in Ireland is reported by the Central Statistics Office Ireland.

      Forecast
Ireland Balance of Trade
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
3425000.00 3798000.00 4972800.00 -294081.00 1970 - 2015 EUR Thousand Monthly
SA
Ireland posts regular trade surpluses since the late 1980’s. The country is one of the biggest exporters of pharmaceuticals in the world (28 percent of Ireland’s total exports). Other major exports are organic chemicals, data processing equipment and software. Main imports are: electrical machinery and components (16 percent of total imports), fuel (15 percent), motor vehicles (10 percent) and food (10 percent). European Union is by far its largest trading partner, accounting for about 60 percent of total trade. Within the EU, main partners are United Kingdom (16 percent of exports and 34 percent of imports), Germany and France. Other major partners are United States (23 percent of exports and 12 percent of imports) and China. This page provides - Ireland Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Ireland Balance of Trade - was last refreshed on Friday, May 22, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-03-13 11:00 AM Jan € 3.89B €4.3B (R) 2.7B
2015-04-15 11:00 AM Feb € 3.8B € 3.84B (R) 2.7B
2015-05-15 11:00 AM Mar €3.4B € 3.8B 2.6B
2015-06-12 11:00 AM Apr €3.4 2.6B
2015-07-14 11:00 AM May 2.7B
2015-08-14 11:00 AM Jun 2.6B


Irish Trade Surplus Narrows Slightly


Ireland posted a €3.4 billion trade surplus in March of 2015, down from a €3.8 billion surplus in the previous month as exports declined and imports rose.

Preliminary figures for March 2015 show that seasonally adjusted exports decreased by 2 percent to €8,366 million while imports rose 4 percent to €4,941 million.

Year-on-year, sales surged 20.8 percent, boosted by a 58 percent increase in shipments of medical and pharmaceutical products. Imports increased 14.2 percent.

In the first quarter of 2015, exports increased by 17 percent and imports rose by 10 percent when compared with the first three months of 2014.

CSO | Joana Taborda | joana.taborda@tradingeconomics.com
5/15/2015 11:19:13 AM


Recent Releases

Ireland Trade Surplus Steady in February
Irish trade surplus was nearly unchanged at €3.8 billion in February of 2015 compared to the previous month. Both exports and imports rebounded from January’s fall. Published on 2015-04-15

Ireland Trade Surplus Narrows in January
Irish trade surplus decreased to €3.89 billion in the first month of 2015 from a revised €4.3 billion in December, due to a fall in exports. Published on 2015-03-13


Ireland Trade Last Previous Highest Lowest Unit
Balance of Trade 3425000.00 3798000.00 4972800.00 -294081.00 EUR Thousand [+]
Exports 8366000.00 8530000.00 9188100.00 45054.00 EUR Thousand [+]
Imports 4941000.00 4731000.00 5696500.00 59842.00 EUR Thousand [+]
Current Account 3718.00 3847.00 3847.00 -4123.00 EUR Million [+]
Current Account to GDP 6.60 4.40 6.60 -13.40 percent [+]
External Debt 1721604.00 1670255.00 1849903.00 521792.00 EUR Million [+]
Terms of Trade 80.10 80.70 132.50 76.00 Index Points [+]
Capital Flows -3950.00 1098.00 11162.00 -8754.00 EUR Million [+]
Tourist Arrivals 2837.40 3153.40 5001.00 440.00 Thousand [+]
Gold Reserves 6.00 6.00 6.00 5.47 Tonnes [+]
Foreign Direct Investment -69.00 13832.00 18513.00 -16008.00 EUR Million [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1322.00 Mar/15 -1609.00 2254.00 -3877.00 AUD Million [+]
Brazil 491.00 Apr/15 458.00 5659.37 -4058.14 USD Million [+]
Canada -3019.00 Mar/15 -2215.00 8524.80 -3019.00 CAD Million [+]
China 341.34 Apr/15 30.81 606.19 -319.71 USD Hundred Million [+]
Euro Area 23400.00 Mar/15 20300.00 24009.80 -16638.00 EUR Million [+]
France -4575.00 Mar/15 -3623.00 2674.00 -7086.00 EUR Million [+]
Germany 23000.00 Mar/15 19515.32 23500.00 -535.91 EUR Million [+]
India -10990.00 Apr/15 -11790.00 258.90 -20210.90 USD Million [+]
Indonesia 454.40 Apr/15 1025.60 4641.92 -2329.13 USD Million [+]
Italy 4060.39 Mar/15 3537.91 6923.00 -6389.30 EUR Million [+]
Japan 229.26 Mar/15 -425.00 1608.67 -2795.04 JPY Billion [+]
Mexico 479.80 Mar/15 558.30 1710.25 -3292.30 USD Million [+]
Netherlands 5401.00 Mar/15 6329.20 6329.20 -907.60 EUR Million [+]
Russia 14981.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8488.00 Apr/15 8380.51 8488.00 -4043.45 USD Million [+]
Spain -890600.00 Mar/15 -2037200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -6153.67 Mar/15 -4655.64 24.51 -10453.06 USD Million [+]
United Kingdom -2817.00 Mar/15 -3318.00 2946.00 -5397.00 GBP Million [+]
United States -51367.00 Mar/15 -35892.00 1946.00 -67823.00 USD Million [+]