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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