Ireland - Net Exports





Ireland: Net Exports

Mnemonic NETEX.IIRL
Unit Mil. EUR, SA
Adjustments Seasonally Adjusted
Quarterly 314.97 %
Data 2020 Q1 718
2019 Q4 -334

Series Information

Source Central Statistics Office (CSO)
Release National Accounts - GDP
Frequency Quarterly
Start Date 3/31/1995
End Date 3/31/2020

Ireland: Trade

Reference Last Previous Units Frequency
Balance of Goods Jul 2020 4,798,500 6,184,100 Thousands of Euros, SA Monthly
Exports of Goods Jul 2020 12,918,900 12,840,700 Thousands of Euros, SA Monthly
Imports of Goods Jul 2020 8,120,400 6,656,600 Thousands of Euros, SA Monthly
Current Account Balance 2020 Q1 -15,208 -28,441 Mil. EUR, NSA Quarterly
Exports of Goods and Services 2020 Q1 114,288 113,307 Mil. EUR, SA Quarterly
Imports of Goods and Services 2020 Q1 -113,570 -113,641 Mil. EUR, SA Quarterly
Net Exports 2020 Q1 718 -334 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2020 Q1 113,389 113,190 Mil. Ch. 2017 EUR, SA Quarterly
Real Imports of Goods and Services 2020 Q1 -111,069 -112,747 Mil. Ch. 2017 EUR, SA Quarterly
Real Net Exports 2020 Q1 2,320 443 Mil. Ch. 2017 EUR, SA Quarterly

Release Information

Quarterly national accounts for Ireland, including expenditure (use of GDP) and production (GVA by industry) approaches. Quarterly from 1995.

Framework: European System of National and Regional Accounts (ESA) 2010.

Classification: NACE Rev. 2.

Seasonal adjustment: Uses the direct approach where each individual time series and aggregate is independently adjusted. Seasonal factors are updated quarterly and the series are adjusted using the X-12_ARIMA model.

Gross Domestic Product (GDP) is representative of output, or total value added, in the production of goods and services in the country.

Imports: Reported as negative values.

Net factor income (NFI) is equal to the investment and labour income earned abroad by Irish residents minus the similiar incomes earned in Ireland by non-residents.

Gross National Product (GNP) is the sum of GDP and NFI. This series can be very volitile as NFI is the difference of two large gross flows and can therefore cause the GNP to fluctuate. This can also lead to substantial differences between GDP and GNP growth rates.

Seasonal factors are updated quarterly.

For chained prices (real data), the currency reference year is advanced annually, typically in July or August.