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


Ireland Imports

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 [+]

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.


Irish Trade Surplus Widens in February  
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.
Irish Economic Growth Disappoints in Q4  
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.


China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
Italian Trade Surplus Widens in February  
The trade surplus increased to EUR 2.6 billion in February of 2014, from a revised EUR 0.36 billion in the previous month, as exports increased at a faster pace than imports. Compared with a year earlier, the trade surplus more than doubled from EUR 1.05 billion.
Euro Area Inflation Rate Confirmed at 0.5% in March  
Euro area annual inflation was 0.5 percent in March of 2014, matching initial estimates and slowing from 0.7 percent in February. On a monthly basis, prices increased 0.9 percent, up from 0.3 percent in the previous month.
UK Unemployment Rate Down to 5-Year Low  
In the three months to February of 2014, UK jobless rate fell to 6.9 percent, down from 7.2 percent in the previous period. Pay growth rose 1.7 percent and caught up with inflation for the first time in nearly four years.
Chinese GDP Growth Slows in Q1  
China’s economy advanced 7.4 percent in the first quarter of 2014, slowing from a 7.7 percent expansion in the previous period, but beating market forecasts. It is the lowest growth since the third quarter of 2012, as exports and imports contracted and growth in fixed asset investment eased.
New Zealand Inflation Rate Slows in Q1  
The CPI increased 1.5 percent in the year to the March 2014 quarter, following a 1.6 percent increase in the year to the December 2013 quarter. About half of the annual increase came from housing and household utility prices, which increased 3.3 percent.
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
Nigerian Inflation Rate Edges Up Slightly in March  
The annual consumer prices in Nigeria accelerated to 7.8 percent in March of 2014, from 7.7 percent recorded in February, as food cost edged up. Compared with the same period a year earlier, the inflation rate slowed down from 8.6 in March of 2013.

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