Ireland's trade surplus narrows in October on US imports and machines
Ireland’s trade surplus narrowed in October as goods imports increased, according to Ireland’s Central Statistics Office data published on Wednesday.
The value of goods imports rose 4.7% to €12.3 billion in October, compared with €11.7 billion a year before.
Seasonally adjusted goods imports increased by 2.6%, which led to a 74% decrease in the seasonally adjusted trade surplus to €4.3 billion in October compared with €16.3 billion the month before.
In October, Ireland imported the highest value of goods from the US, Great Britain and Germany.
Imports of Medical & Pharmaceutical products fell 20% to €1.7 billion from €2.1 billion, while Office Machines & Automatic Data Processing Machines imports more than doubled to €882.6 million from €662.4 million.
Organic Chemicals imports increased 59% to €595.7 million from €375.4 million.
In the first ten months of 2025, imports rose 5.6% to €117.3 billion when compared to €111.0 billion in the same period last year, while exports increased 22% to €187.3 billion from €228.5 billion.
Almost half of all goods exported in the ten-month period were exported to the US, CSE statistician Jane Burmanje said.
The value of goods exports fell 22% to €16.6 billion from €21.2 billion a year before.
Medical & Pharmaceutical products, which represented almost half of total exports and 55% of the total value of export goods, fell 36% to €7.0 billion from €11.0 billion.
Exports of Organic Chemicals fell 46% to €785.3 million from €1.7 billion, while Office Machines & Automatic Data Processing Machines exports nearly doubled to €939 million from €515.6 million.
Ireland’s top exporting partners in October were the US, the Netherlands and Belgium.
Exports to the US fell 39% to €4.3 billion from €7.0 billion, with Chemicals & Related products representing 67% of total US exports.
Seasonally adjusted exports declined 42% to €15.9 billion from €27.6 billion.
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