Ireland - Net Exports





Ireland: Net Exports

Mnemonic NETEX.IIRL
Unit Mil. EUR, SA
Adjustments Seasonally Adjusted
Quarterly 110.76 %
Data 2019 Q2 -2,957
2019 Q1 27,485

Series Information

Source Central Statistics Office (CSO)
Release National Accounts - GDP
Frequency Quarterly
Start Date 3/31/1995
End Date 6/30/2019

Ireland: Trade

Reference Last Previous Units Frequency
Balance of Goods Jul 2019 6,275,600 4,454,200 Thousands of Euros, SA Monthly
Exports of Goods Jul 2019 13,671,100 11,598,200 Thousands of Euros, SA Monthly
Imports of Goods Jul 2019 7,395,500 7,144,000 Thousands of Euros, SA Monthly
Exports of Goods and Services 2019 Q2 108,618 106,494 Mil. EUR, SA Quarterly
Imports of Goods and Services 2019 Q2 -111,575 -79,009 Mil. EUR, SA Quarterly
Net Exports 2019 Q2 -2,957 27,485 Mil. EUR, SA Quarterly
Real Exports of Goods and Services 2019 Q2 109,108 106,307 Mil. Ch. 2017 EUR, SA Quarterly
Real Imports of Goods and Services 2019 Q2 -109,301 -76,418 Mil. Ch. 2017 EUR, SA Quarterly
Real Net Exports 2019 Q2 -193 29,889 Mil. Ch. 2017 EUR, SA Quarterly
Current Account Balance 2019 Q1 10,990 979 Mil. EUR, NSA 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.