Ireland Imports

Imports in Ireland decreased to 4022000 EUR Thousand in February of 2014 from 4091100 EUR Thousand in January of 2014. Imports in Ireland is reported by the Central Statistics Office Ireland. Imports in Ireland averaged 2169065.34 EUR Thousand from 1970 until 2014, reaching an all time high of 5696500 EUR Thousand in November of 2007 and a record low of 59842 EUR Thousand in March of 1970. Ireland main imports are: electrical machinery and components (16 percent of total imports), fuel (15 percent), motor vehicles (10 percent), food (10 percent) and medical and pharmaceutical products (9 percent). The European Union accounts for 60 percent of total imports. Main import partners are: United Kingdom (34 percent of total imports), United States (12 percent), Germany (8 percent), Netherlands (5 percent), China (6 percent) and France (4 percent). This page provides - Ireland Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4022000.00 4091100.00 5696500.00 59842.00 4279836.28 | 2014/02 1970 - 2014 EUR Thousand Monthly
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Ireland Imports
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Trade Last Previous Highest Lowest Forecast Unit
Current Account 3330.00 2013-11-15 3425.00 3425.00 -3997.00 3371.93 2014-03-31 EUR Million [+]
Balance of Trade 3210000.00 2014-02-15 3083000.00 4973000.00 -294081.00 3055426.63 2014-02-28 EUR Thousand [+]
Exports 7232000.00 2014-02-15 7175000.00 9188000.00 45054.00 7300870.04 2014-02-28 EUR Thousand [+]
Imports 4022000.00 2014-02-15 4091100.00 5696500.00 59842.00 4279836.28 2014-02-28 EUR Thousand [+]
Capital Flows -3063.00 2013-11-15 -3357.00 11147.00 -7696.00 -3052.61 2014-03-31 EUR Million [+]
External Debt 1604423.00 2013-12-31 1618068.00 1849903.00 521792.00 1583995.32 2014-03-31 EUR Million [+]
Terms of Trade 0.00 2014-01-15 78.20 132.50 0.00 22.09 2014-02-28 Index Points [+]
Tourist Arrivals 2909.40 2013-11-15 4293.20 5001.00 440.00 2933.07 2013-12-31 Thousand [+]
Current Account to GDP 2.10 2012-12-31 1.10 4.00 -13.40 2.77 2013-12-31 Percent [+]
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Imports | Notes
An import is any good or service brought into one country from another country in a legitimate fashion, typically for use in trade. Import goods or services are provided to domestic consumers by foreign producers. An import in the receiving country is an export to the sending country. Import of goods normally requires involvement of the Customs authorities in both the country of import and the country of export and is often subject to import quotas, tariffs and trade agreements.


RELATED NEWS

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Preliminary figures for February of 2014 indicate an increase in seasonally adjusted exports of € 57 million (+1 percent) to €7,232 million from January 2014. Coupled with a decrease in seasonally adjusted imports of € 69 million (-2 percent) to € 4,022 million, the seasonally adjusted trade surplus increased by € 127 million (+4 percent) to € 3,210 million.
Irish Inflation Rate Rises in March  
Irish annual consumer prices rose 0.2 percent in March of 2014, following a 0.1 percent fall in February, mainly due to higher cost of services.
Irish Unemployment Rate Down To 5-Year Low in March  
Ireland’ seasonally adjusted jobless rate fell for the third consecutive month in March of 2014 to 11.8 percent, down from 11.9 percent in the previous month, and 13.7 percent a year earlier.
Ireland Posts € 3 Billion Trade Surplus in January  
Irish trade balance widened 10.13 percent over a year earlier to € 3.09 billion in the first month of 2014. Compared with December of 2013, the trade surplus narrowed 9.1 percent.
Ireland Inflation Rate Falls to 3-1/2-Year Low  
Irish annual inflation rate dropped to -0.1 percent in February of 2014, from 0.2 percent in the previous month. It is the first time since July of 2010 the inflation rate enters in negative territory.
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Irish GDP contracted by a shocking 2.3 percent in the last quarter of 2013 from the previous three months, hurt by a surge in imports and a fall in consumer spending. Initial estimates showed the economy shrank by 0.3 percent in 2013.
Irish Unemployment Rate Falls Below 12%  
In February of 2014, Ireland’s jobless rate continued its downward trend and fell to 11.9 percent, down from a revised 12 percent in the previous month.
Irish Inflation Rate Stable in January  
In January of 2014, Irish consumer prices remained steady at an annual rate of 0.2 percent. From December to January, the CPI decreased by 0.5 percent. This compares to a decrease of 0.5 percent recorded in January of last year.
Irish Trade Surplus Narrows 12.5% in 2013  
In 2013, Irish trade surplus decreased to € 37.25 billion, down from € 42.54 billion in 2012, hurt by lower exports of medical and pharmaceutical products and a fall in petroleum sales. This is the lowest annual trade surplus since 2008.
Irish Unemployment Down to 12.3% in January  
In January of 2014, Irish jobless rate declined for the eight straight month to 12.3 percent, from 12.4 percent in December last year. A year earlier, unemployment reached 13.8 percent.
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