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

Ireland recorded a trade surplus of 4110000 EUR Thousand in June of 2015. Balance of Trade in Ireland averaged 1133575.24 EUR Thousand from 1970 until 2015, reaching an all time high of 4694900 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.

Ireland Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
4110000.00 3880000.00 4694900.00 -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 the latest reported value for - Ireland Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Ireland Balance of Trade - was last refreshed on Sunday, August 30, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-15 11:00 AM Apr €4.6B €3.3B(R) €3.1B
2015-07-21 11:00 AM May €4.0B €4.6B € 4.1B
2015-08-14 11:00 AM Jun €4.1B €3.9B(R) € 3.8B
2015-09-18 11:00 AM Jul €4.1B € 4B
2015-10-15 11:00 AM Aug € 4.3B
2015-11-13 11:00 AM Sep € 4B


Ireland Trade Surplus Widens in June


Ireland posted a €4.1 billion trade surplus in June of 2015, up from a downwardly revised €3.9 billion surplus in the previous month as exports expanded 0.2 percent while imports contracted 4.1 percent.

Seasonally adjusted exports increased slightly to €9,095 million from €9,079 million in May, while imports contracted to €4,985 million from €5,198 million, preliminary figures showed.

Year-on-year, sales grew 14.7 percent, as exports of medical and pharmaceutical products' shipments surged 31 percent and exports of machinery and transport equipment grew 36 percent. The EU accounted for 58 percent of total exports in June 2015 of which 15 percent went to Belgium and 13 percent to the UK, while the USA was the main non-EU destination accounting for 20 percent of total exports. Imports rose 5 percent, mainly due to higher shipments of medical and pharmaceutical products (+73 percent). The EU accounted for 61 percent of imports during the month, with 26 percent of total imports coming from the UK. The USA and China were the main non-EU imports destinations.

CSO | joana.ferreira@tradingeconomics.com
8/14/2015 12:42:57 PM


Recent Releases

Ireland Trade Surplus Narrows in May
Ireland posted a €4.0 billion trade surplus in May of 2015, down from a €4.6 billion surplus in the previous month as exports shrank 4.6 percent while imports expanded 3.9 percent.
Published on 2015-07-21

Ireland Trade Surplus Widens to 32-Month High
Ireland posted a €4.6 billion trade surplus in April of 2015, up from a downwardly revised €3.3 billion surplus in the previous month as exports reached an all-time high while imports fell.
Published on 2015-06-15

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.
Published on 2015-05-15

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 Last Previous Highest Lowest Unit
Balance of Trade 4110000.00 3880000.00 4694900.00 -294081.00 EUR Thousand [+]
Exports 9095000.00 9079000.00 9456000.00 45054.00 EUR Thousand [+]
Imports 4985000.00 5198000.00 6037200.00 59842.00 EUR Thousand [+]
Current Account 1625.00 2442.00 3198.00 -4526.00 EUR Million [+]
Current Account to GDP 6.20 4.40 6.20 -13.40 percent [+]
External Debt 1721499.00 1614333.00 1849903.00 521792.00 EUR Million [+]
Terms of Trade 80.10 80.70 132.50 76.00 Index Points [+]
Capital Flows -3491.00 -7374.00 12727.00 -7374.00 EUR Million [+]
Tourist Arrivals 4272.40 2837.40 5001.00 440.00 Thousand [+]
Gold Reserves 6.00 6.00 6.00 5.47 Tonnes [+]
Foreign Direct Investment 8851.00 2406.00 22301.00 -16008.00 EUR Million [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2933.00 Jun/15 -2677.00 2254.00 -4156.00 AUD Million [+]
Brazil 2379.00 Jul/15 4527.00 5659.37 -4058.14 USD Million [+]
Canada -476.00 Jun/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 7760.00 Jul/15 9980.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -6205.89 Jun/15 -6753.00 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -43840.00 Jun/15 -40940.00 1946.00 -67823.00 USD Million [+]