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

Ireland recorded a trade surplus of 3802000 EUR Thousand in February of 2015. Balance of Trade in Ireland averaged 1145060.14 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


Actual Previous Highest Lowest Dates Unit Frequency
3802000.00 3836000.00 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 Tuesday, April 28, 2015.


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.

Preliminary figures for February 2015 show that seasonally adjusted exports increased 3 percent to €8,525 million from January while imports rose at a faster 6 percent to € 4,723 million.

Year-on-year, shipments increased 17 percent. The main drivers were exports of medical and pharmaceutical products (+37 percent) and miscellaneous manufactured articles (+20 percent). Imports went up 12 percent, driven by purchases of machinery and transport equipment (+23 percent) while imports of petroleum and related materials decreased by 32 percent.

CSO | Joana Taborda | joana.taborda@tradingeconomics.com
4/15/2015 5:54:57 PM


Recent Releases

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 Surplus at 28-Month High
Irish trade surplus increased by €813 million to €4.24 billion in December of 2014 from €3.42 billion registered in the same month of the previous year, as exports grew at a faster pace than imports. Published on 2015-02-13


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-13 11:00 AM
Balance of Trade  Dec
€4.24B € 2.28B (R) 2.6B
2015-03-13 11:00 AM
Balance of Trade  Jan
€ 3.89B €4.3B (R) 2.7B
2015-04-15 11:00 AM
Balance of Trade  Feb
€ 3.8B € 3.84B (R) 2.7B
2015-05-14 11:00 AM
Balance of Trade  Mar
€ 3.8B 2.6B
2015-06-12 11:00 AM
Balance of Trade  Apr
2.6B
2015-07-14 11:00 AM
Balance of Trade  May
2.7B


Ireland Trade Last Previous Highest Lowest Unit
Balance of Trade 3802000.00 3836000.00 4972800.00 -294081.00 EUR Thousand [+]
Exports 8525000.00 8287000.00 9188100.00 45054.00 EUR Thousand [+]
Imports 4723000.00 4451000.00 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 3153.40 4552.10 5001.00 440.00 Thousand [+]
Gold Reserves 6.00 6.00 6.00 5.47 Tonnes [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1256.00 Feb/15 -1003.00 2251.00 -3884.00 AUD Million [+]
Brazil 458.00 Mar/15 -2841.76 5659.37 -4058.14 USD Million [+]
Canada -984.00 Feb/15 -1475.00 8524.80 -2902.90 CAD Million [+]
China 30.81 Mar/15 606.19 606.19 -319.71 USD Hundred Million [+]
Euro Area 20300.00 Feb/15 7600.00 24009.80 -16638.00 EUR Million [+]
France -3449.00 Feb/15 -3710.00 2674.00 -7086.00 EUR Million [+]
Germany 19515.32 Feb/15 15900.00 23500.00 -535.91 EUR Million [+]
India -11790.00 Mar/15 -6847.00 258.90 -20210.90 USD Million [+]
Indonesia 1131.60 Mar/15 662.70 4641.92 -2329.13 USD Million [+]
Italy 3537.91 Feb/15 232.00 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 6009.00 Feb/15 4657.10 6009.00 -907.60 EUR Million [+]
Russia 13600.00 Mar/15 13597.00 20356.00 -185.00 USD Million [+]
South Korea 8380.51 Mar/15 7706.30 8380.51 -4043.45 USD Million [+]
Spain -2037200.00 Feb/15 -2596200.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 2525.00 Mar/15 2316.16 3894.91 -1478.68 CHF million [+]
Turkey -4655.64 Feb/15 -4320.27 24.51 -10453.06 USD Million [+]
United Kingdom -2859.00 Feb/15 -1536.00 2946.00 -5397.00 GBP Million [+]
United States -35444.00 Feb/15 -42676.00 1946.00 -67823.00 USD Million [+]