| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 Asia Economy


How to use our RSS feed

Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.


Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:


Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax 2008

Climate Change Reports

Global News

Bloomberg News

CNN Money

Cnet Tech News


Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News




Content Management by interactivetools.com.

News : Irish Last Updated: Apr 24, 2009 - 5:31:05 PM

Irish merchandise exports fell 3% in November 2007: Imports jumped on new aircraft deliveries
By Finfacts Team
Jan 24, 2008 - 11:29:16 AM

Email this article
 Printer friendly page
Source: CSO

The CSO reported today thatSeasonally adjusted imports increased by 10% to a high of €5,581m and exports decreased by 3% in November relative to October 2007. Relative to September 2007, imports increased by 2% in October, while exports increased by 8%.

On an unadjusted basis, the value of imports reached a new high of €5,877m in November 2007, up 6% on November 2006, while the value of exports was €7,825m, up 2%. The value of imports in October 2007 was €5,509m, up 1% on October 2006, while the value of exports was €7,699m, up 1%.

The large increase for November 2007 imports is due mainly to Transport equipment and the increased price of fuels.

The January-October figures for 2007 when compared with those of 2006 show that:Exports increased from €71,974m to €74,791m (+4%) –Organic chemicals increased from €14,245m to €16,980m (+19%), General industrial machinery from €1,006m to €1,230m (+22%) and Eggs and dairy products from €982m to €1,223m (+25%).

  • Computer equipment decreased from €11,267m to €10,391m (-8%), Professional, scientific and controlling apparatus from €1,945m to €1,794m (-8%) and Electrical machinery, apparatus and appliances from €4,253m to €4,114m (-3%).

  • Goods to China/Hong Kong increased from €1,210m to €1,613m (+33%), to the Philippines from €305m to €649m (+113%), to Great Britain from €11,417m to €12,306m (+8%), to Belgium from €10,166m to €10,734m (+6%) and to Switzerland from €2,088m to €2,707m (+30%).


  • Goods to Italy decreased from €3,050m to €2,614m (-14%) and to Malaysia from €812m to €574m (-29%).

As US companies dominate the Irish merchandise export sector, big swings from one period to another can reflect decisions made overseas on where exports from Ireland should be transported to. Ministers are prone to take credit for say a large jump in exports to China or Switzerland but id does not reflect the performance of  Irish companies.

The fall in computer equipment exports reflects the opening of the new Dell plant in Poland.

Irish Trade Statistics: Policymakers opt for Spin and Delusion rather than confront challenging facts

Imports increased from €49,928m to €51,122m (+2%) – Other transport equipment (including aviation equipment) increased from €1,059m to €2,032m (+92%), Medical and pharmaceutical products from €1,848m to €2,044m (+11%), Iron and steel from €746m to €915m (+23%) and Road vehicles from €3,196m to €3,431m (+7%).

  • Electrical machinery, apparatus and appliances decreased from €3,238m to €2,733m (-16%), Computer equipment from €8,518m to €7,636m (-10%) and Organic chemicals from €1,769m to €1,642m (-7%).

  • Goods from France increased from €1,812m to €2,114m (+17%), China/Hong Kong from €3,858m to €4,248m (+10%), Germany from €4,038m to €4,322m (+7%) and Great Britain from €14,712m to €15,260m (+4%).

  • Goods from Singapore decreased from €1,097m to €684m (-38%), Norway from €1,580m to €1,194m (-24%), Taiwan from €823m to €648m (-21%) and Japan from €1,464m to €1,332m (-9%).

Related Articles
Related Articles

© Copyright 2009 by Finfacts.com

Top of Page

Latest Headlines
Ryanair revises up full-year profit guidance
AIB bank profitable in third quarter
Ryanair announces half-year profits up 32% to €795m
Ryanair benefits from improved customer service
Ryanair to buy 100 new Boeing 737 MAX 200
Finfacts server migration Thursday
State-owned Allied Irish Banks reports H1 2014 profit as bad loan charges plunge
Ryanair reports profit in its financial first quarter soared 152%
UK firm opens van dealership in Dublin
Ryanair reports 8% fall in full-year profit; US services to commence in 2019
Global Financial Centres Index: New York overtakes London; Dublin slips to 66 of 83 cities
Bank of Ireland reports “significant” improvement in 2013 results
Sale process of IBRC UK projects Rock and Salt completed
CRH says 2014 will be year of profit growth after reporting 2013 loss
Ryanair reports third-quarter loss
Irish Water says it saved €100m in setup costs
RSA Insurance fires two Irish executives for large loss/ accounting irregularities
Bank of Ireland will have to raise provisions by €1.4bn; AIB says it's "well capitalised"
CRH reports slightly improved third quarter
Central Bank says ownership of Newbridge Credit Union transferred to permanent tsb
Ryanair reports H1 profits rose by 1% to €602m
Dublin Web Summit: Irish Stock Exchange and NASDAQ OMX announce dual listing plan
Irish pension managed funds returned to growth during September
Dan O’Brien resigns as economics editor of The Irish Times
Central Bank says no action required on Anglo tapes revelations
Ryanair flew 9m passengers and Aer Lingus carried 1.1m in August
UK Competition Commission says Ryanair must cut Aer Lingus stake to 5%
CRH reports H1 2013 revenue dip and loss
Vodafone refunded UK after discovery of Irish tax haven deal
RBS reports half year profit; Ulster Bank posts reduced loss
Bank of Ireland cuts pretax losses in HI 2013 to €504m
Irish State-owned Allied Irish Banks reports losses of €758m in H1 2013
Service Announcement
Irish managed pension funds declined in June
VHI reports 2012 surplus of €54.3m; Health insurance made loss
Ex- Elan director says management / board "not competent to run a business"
Aer Lingus to put €140m in employees pensions fund; Ryanair apoplectic
Wednesday Newspaper Review - Irish Business News and International Stories - - May 22, 2013
Tuesday Newspaper Review - Irish Business News and International Stories - - May 21, 2013
Ryanair, Europe’s biggest low cost carrier, announced Monday record annual profits of €569m - - up 13%