International Merchandise Trade Statistics: Exports: Commodities for Ireland
XTEXVA01IEQ664N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88,231,500,000.00
Year-over-Year Change
73.29%
Date Range
1/1/1955 - 1/1/2025
Summary
The International Merchandise Trade Statistics: Exports: Commodities for Ireland tracks the value of Ireland's commodity exports over time. This key economic indicator provides insights into Ireland's international trade and export performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series measures the total value of Ireland's commodity exports, which are physical goods and products shipped to other countries. It serves as an important barometer of Ireland's trade dynamics and global economic engagement.
Methodology
The data is collected and reported by Ireland's Central Statistics Office.
Historical Context
Analysts and policymakers use this trade data to assess Ireland's economic competitiveness and shape trade policy.
Key Facts
- Ireland is a leading exporter of pharmaceutical products.
- Ireland's top export markets include the United States and United Kingdom.
- Exports account for over 60% of Ireland's gross domestic product.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of physical goods and commodities exported from Ireland to other countries over time.
Q: Why is this trend relevant for users or analysts?
A: This export data provides key insights into Ireland's trade dynamics, economic competitiveness, and global engagement.
Q: How is this data collected or calculated?
A: The data is collected and reported by Ireland's Central Statistics Office.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trade data to assess Ireland's economic performance and inform trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be lags in reporting due to the complexities of cross-border trade statistics.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Ireland
IRLCP110000IXOBQ
Real General Government Final Consumption Expenditure for Ireland
NCGGRXDCIRA
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Ireland
LRHUADMAIEM156S
Share Prices: All Shares/Broad: Total for Ireland
SPASTT01IEM657N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Ireland
IRLPROMANAISMEI
Production: Energy: Electricity: Total for Ireland
IRLPRENEL01IXOBM
Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Exports: Commodities for Ireland (XTEXVA01IEQ664N), retrieved from FRED.