Goods Exports and Imports

Transcription

1 An Phríomh-Oifig Staidrimh Central Statistics Office 16 March v billion Goods and uary million Surplus -Dec 89,193 45,764 43,429 -Dec % change 92,936 4% 48,238 5% 44,697 3% November December uary 8,845 7,040 7,684 4,052 4,049 4,439 4,792 2,991 3, Published by the Central Statistics Office, Ireland. Ardee Road Dublin 6 Ireland Skehard Road Cork Ireland LoCall: (ROI) (UK/NI) Tel: Tel: Fax: Fax: Both offices may be contacted through any of these telephone numbers. CSO on the Web: and go to Economy: External Trade Director General: Gerard O Hanlon Enquiries: Trade statistics Trade Help Desk (01) trade@cso.ie General queries Information Section, ext 5021 information@cso.ie Central Statistics Office The contents of this release may be quoted provided the source is given clearly and accurately. Reproduction for own or internal use is permitted. ISSN Record goods trade surplus in for were 92,936m, up 4% from, while were 48,238m, up 5%. This resulted in a Trade surplus of 44,697m (+3%), the highest annual surplus on record. The main changes in for were: of Medical and pharmaceutical products increased by 9% to 26,404m, Organic chemicals by 4% to 19,833m, Meat by 15% to 2,759m, Dairy products by 24% to 1,776m and Other transport equipment (including aircraft) by 89% to 455m (see table 3). Computer equipment decreased by 10% to 4,076m. Goods to the United States increased from 20,761m to 21,449m (+3%) and to Great Britain from 12,436m to 13,058m (+5%) (see table 4). In, the United States (23%), Belgium (15%), Great Britain (14%) and Germany (7%) were Ireland s main export markets. The main changes in for were: of Medical and pharmaceutical products increased by 26% to 4,365m, Petroleum increased by 21% to 5,168m and Organic chemicals by 20% to 2,515m (see table 3). Other transport equipment (including aircraft) decreased by 10% to 2,347m. from Great Britain increased from 13,823m to 15,619m (+13%) (see table 4). from the United States decreased from 6,427m to 5,890m (-8%). In, Great Britain (32%), the United States (12%), Germany (8%) and China (6%) accounted for 58% of total imports. Preliminary estimates for uary show exports of 7,684m, up 10% on uary and imports of 4,439m, up 3% on uary (see table 1). This resulted in a 20% increase in the Trade surplus to 3,246m for uary compared with uary. For more information contact Norita Murphy at (01) or Damian Malone at (01)

2 Table 1 Goods and : Summary of trade Value Volume Index 1 Price Index 1 Period Trade Surplus Base year 1990=100 Terms of Trade , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , uary 7, , , February 6, , , March 7, , , April 7, , , May 7, , , June 7, , , July 7, , , August 6, , , September 7, , , October 7, , , November 7, , , December 7, , , uary 7, , , February 7, , , March 8, , , April 7, , , May 7, , , June 8, , , July 7, , , August 7, , , September 8, , , October 7, , , November 8, , , December 7, , , uary 7, , , Monthly data has been rescaled to make their average equal to the annual 2 Export Price Index divided by Import Price Index 3 Revised, see Background Notes 4 uary is preliminary data based on current Intrastat response levels, see Background notes.. Data not yet available 2

3 Table 2 Goods and : Seasonally adjusted 1 series Value Volume Index Period Trade Surplus Base year 1990= uary 7, , , February 7, , , March 7, , , April 7, , , May 6, , , June 7, , , July 7, , , August 6, , , September 7, , , October 6, , , November 6, , , December 6, , , uary 7, , , February 7, , , March 7, , , April 7, , , May 7, , , June 7, , , July 7, , , August 7, , , September 7, , , October 7, , , November 7, , , December 7, , , uary 7, , , February 8, , , March 7, , , April 7, , , May 7, , , June 7, , , July 7, , , August 7, , , September 7, , , October 7, , , November 8, , , December 7, , , uary 8, , , Based on seasonal patterns up to December. Accordingly all values in this table have been revised.. Data not yet available 3

4 Table 3 Goods and classified by commodity 1 = C million SITC (Rev 4) -Dec -Dec -Dec -Dec 0 Food and live animals , , , , Live animals other than animals of Division Meat and meat preparations , , Dairy products and birds eggs , , Fish, crustaceans, molluscs and preparations thereof Cereals and cereal preparations Vegetables and fruit Sugars, sugar preparations and honey Coffee, tea, cocoa, spices and manufactures thereof Feeding stuff for animals (excl unmilled cereals) Miscellaneous edible products and preparations , , Beverages and tobacco , , Beverages , , Tobacco and tobacco manufactures Crude materials, inedible, except fuels , , Hides, skins and furskins, raw Oil seeds and oleaginous fruits Crude rubber (incl synthetic and reclaimed) Cork and wood Pulp and waste paper Textile fibres and their wastes Crude fertilisers and minerals (excl coal, petroleum and precious stones) Metalliferous ores and metal scrap , Crude animal and vegetable materials nes Mineral fuels, lubricants and related materials , , , , Coal, coke and briquettes Petroleum, petroleum products and related materials , , , Gas, natural and manufactured , , Electric current Animal and vegetable oils, fats and waxes Animal oils and fats Fixed vegetable fats and oils Animal or vegetable fats and oils, processed; waxes Chemicals and related products 4, , , , , , Organic chemicals 1, , , , , , Inorganic chemicals Dyeing, tanning and colouring materials Medical and pharmaceutical products 1, , , , , , Essential oils; perfume materials; toilet and cleansing preparations , , , Fertilisers (other than those of Division 27) Plastics in primary forms Plastics in non-primary forms Chemical materials and products nes , ,

5 Table 3 Goods and classified by commodity 1 - continued = C million SITC (Rev 4) -Dec -Dec -Dec -Dec 6 Manufactured goods classified chiefly by material , , , , Leather; leather manufactures nes; dressed furskins Rubber manufactures nes Cork and wood manufactures (excl furniture) Paper, paperboard and articles thereof Textile yarn, fabrics, made-up articles and related products Non-metallic mineral manufactures nes Iron and steel Non-ferrous metals Manufactures of metals nes Machinery and transport equipment , , , , , , Power generating machinery and equipment Machinery specialised for particular industries Metalworking machinery General industrial machinery and equipment nes and parts nes , , Office machines and automatic data processing machines , , , , Telecommunications and sound equipment , , Electrical machinery, apparatus and appliances nes and parts , , , , Road vehicles (incl air-cushion vehicles) , , Other transport equipment , , Miscellaneous manufactured articles , , , , Prefab buildings; plumbing and electrical fixtures and fittings Furniture and parts thereof; bedding, cushions etc Travel goods, handbags and similar containers Articles of apparel; clothing accessories , , Footwear Professional, scientific and controlling apparatus nes , , Photographic apparatus; optical goods; watches and clocks , , Miscellaneous manufactured articles nes , , , , Commodities and transactions not classified elsewhere , , ,098.7 Unclassified estimates Total 7, , , , , , , , uary is preliminary data based on current Intrastat response levels, see Background notes 2 Estimates for which a commodity classification is not available 5

6 Table 4 Goods and classified by country 1 = C million Country -Dec -Dec -Dec -Dec Great Britain 1, , , , , , , ,619.4 Northern Ireland , , ,046.6 Austria Belgium , , , , ,169.9 Bulgaria Cyprus Czech Republic Denmark Estonia Finland France , , , ,984.3 Germany , , , ,721.5 Greece Italy , , Latvia Lithuania Luxembourg Hungary Malta Netherlands , , , ,461.3 Poland Portugal Romania Slovakia Slovenia Spain , , Sweden EU Country not specified Total EU 4, , , , , , , ,368.0 of which Euro-Zone 2 2, , , , , ,736.5 Australia Brazil Canada China , , , ,706.0 India Japan , , Malaysia Mexico Norway , ,164.8 Philippines Russia Saudi Arabia Singapore South Africa South Korea Switzerland , , Taiwan Thailand Turkey USA 1, , , , , , ,890.4 Other countries , , , ,477.6 Country unknown Unclassified estimates Total 7, , , , , , , , uary is preliminary data based on current Intrastat response levels, see Background notes 2 Euro-zone members from uary : Austria, Belgium, Germany, Spain, Finland, France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Slovenia, Malta, Cyprus, Slovakia and Estonia 3 Trade for which the country of origin or country of final destination is unknown 4 Estimates not allocated by country 6

7 Table 5 Goods and classified by commodity and principal countries 1 million Country by Section level of SITC (data for the latest month is preliminary) Great Britain & Northern Ireland 0 Food and live animals Beverages and tobacco Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes Chemicals and related products Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions not classified elsewhere Other EU 0 Food and live animals Beverages and tobacco Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes Chemicals and related products 1,977 2, Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions not classified elsewhere USA 0 Food and live animals Beverages and tobacco Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes Chemicals and related products 1,183 1, Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions not classified elsewhere China 2 0 Food and live animals Beverages and tobacco Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes Chemicals and related products Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions not classified elsewhere Japan 0 Food and live animals Beverages and tobacco Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes 5 Chemicals and related products Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions not classified elsewhere Switzerland 0 Food and live animals Beverages and tobacco Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes 5 Chemicals and related products Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions not classified elsewhere Rest of World 0 Food and live animals Beverages and tobacco Crude materials, inedible, except fuels Mineral fuels, lubricants and related materials Animal and vegetable oils, fats and waxes Chemicals and related products Manufactured goods classified chiefly by material Machinery and transport equipment Miscellaneous manufactured articles Commodities and transactions not classified elsewhere Total 7,008 7,684 4,302 4,439 1 uary is preliminary data based on current Intrastat response levels, see Background notes 2 China includes Hong Kong and Macao 7

8 Central Statistics Office Background Notes External Trade Introduction Goods and statistics provide data on the movement of goods between countries. The statistics are a combination of Customs-based non-eu trade statistics and data from the Intrastat Survey of Irish traders involved in trade with other EU member states. The collection of trade data is the responsibility of VIMA (a branch of Revenue). The CSO is responsible for processing and disseminating the data. Changes in the Release A number of changes have been introduced in this uary release. Tables 3 and 4 contain uary data rather than December data and are placed before in the tables. Users are cautioned that the data for uary include estimates for non-response and that there may be significant revisions when a more complete file is received in a month s time. More information is now being processed on lower value transactions. Prior to uary, transactions below 254 were grouped together, this value has now decreased to 127. Therefore, this may result in more detail being available at commodity level in Table 3 and country level in Tables 4 and 5. Revisions Trade figures are subject to revision on the incorporation of late Intrastat and VAT returns, corrections made by traders to Intrastat returns and CSO consistency adjustments. When the preliminary results for a month are published, the results for months -1 (December in this publication), -4 (September ) and -8 (May ) are revised. As part of an ongoing detailed examination of returns from enterprises to the various statistical inquiries, the value of Goods, and, and Indices are revised on a quarterly basis. These adjustments are incorporated into the published National Accounts and Balance of Payments statistics. Intrastat System Extrastat System Shannon Free Zone The Intrastat system has two components. Firstly, the Intrastat survey (conducted by the Revenue Commissioners), in which traders, above the Intrastat survey trade thresholds, make detailed monthly returns giving information on the quantity and value of all exports to or imports from EU countries. The total number of traders required to make a detailed import return is about 6,700 while about 1,900 must make a detailed export return. The current response rate in terms of number of traders in uary was 69%, covering an estimated 84% of the total value of intra-eu trade. The second component of the Intrastat system is the regular VAT return, on which all traders are required to record the total value of goods imported from and exported to other EU countries. This information provides the basis for determining total EU trade for those traders below the Intrastat survey thresholds. It is also used to maintain the register of EU traders. The statistics of trade with non-eu countries are compiled from the documents supplied by importers and exporters to the Customs authorities. The document is the Single Administrative Document (SAD) used for Customs clearance purposes. Prior to, data for traders operating in the Shannon Free Zone were collected by traders submitting summary monthly returns to the CSO. This CSO Shannon survey data were classified under Section 9 Commodities and Transactions not classified elsewhere (SITC code ). Estimation The figures in this release include estimates for traders above the Intrastat thresholds who did not make detailed returns for the period and for traders below the thresholds who did not provide aggregate intra-eu trade figures on their VAT returns. Estimates for Intrastat non-respondents are apportioned to individual commodities and countries whenever previous Intrastat returns are available. Estimates for traders below the Intrastat thresholds are assigned to partner country where possible, but not to commodity. The estimate of imports incorporates an upward adjustment equivalent to about 1.75% of total imports, which is included in Unclassified estimates. This special adjustment arises from the difficulty of comprehensively covering all EU imports through the Intrastat survey system. The unclassified category also includes certain miscellaneous adjustments. Unit Value Indices Services and The monthly Unit Value Index measures monthly unit value trends relative to the annual levels in the preceding year using value weights relating to that year s trade (Laspeyres index). The annual index is compiled using value weights for both the current and previous year (Fisher index) to allow for change in the structure of trade in goods. The monthly index series should be regarded as interim measures suitable for month-to-month comparisons within a given year. As part of an ongoing detailed examination of returns from enterprises to the various statistical inquiries, the value of goods exports is revised on a quarterly basis, which may result in a revision to the indices. When the annual unit value index is compiled, the monthly unit value indices are rescaled to make their average equal to the annual index. The quarterly Balance of Payments statistics provide detail on Services and. See Balance of Payments releases for more detail. 8