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Quarterly National Accounts Quarter 1 2026 Provisional

International Trade

Net Exports fell by 39.8% in Q1 2026

Online ISSN: 2009-5775

CSO statistical release, 04 June 2026, 11am

Table 4.1 Exports and Imports, Q1 2026¹
.	Amount €m	Quarterly % change
Exports of Goods	78,034	-13.9
Exports of Services	114,503	-1.7
Imports of Goods	46,295	7.0
Imports of Services	114,467	3.1
Net Exports	31,775
¹Constant Market Prices, chain linked annually and referenced to year 2023 and seasonally adjusted

Open in Excel: Quarterly National Accounts Q1 2026 Table 4.1 (XLS 11KB)

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Total Exports decreased by 7.0% in Q1 2026 compared to Q4 2025. Total Imports grew by 4.2% over the same period which meant that overall net exports for the quarter were 39.8% lower.

See International Accounts for more detail on current price data.

	Exports (Goods)	Exports (Services)	Imports (Goods)	Imports (Services)	Net Exports
Q1 2023	87.659079843	97.4160437856	-36.1430457315	-97.7164559397	51.2156219574
Q2 2023	77.225979206	101.5540163661	-37.8124556656	-93.0697060384	47.8978338681
Q3 2023	70.6450860085	105.9002155278	-35.5335933948	-92.91907265	48.0926354915
Q4 2023	69.3095864556	104.8852358976	-39.4566231753	-107.8389064404	26.8992927375
Q1 2024	74.6975331889	110.199786248	-37.6190334148	-96.9154988862	50.3627871359
Q2 2024	77.8566660035	125.5533604487	-38.6704785761	-102.8354930754	61.9040548007
Q3 2024	80.8825250952	109.1169504983	-38.6273927597	-101.7773724289	49.5947104049
Q4 2024	89.4896648646	110.1723348292	-34.6325539666	-104.406328661	60.6231170662
Q1 2025	107.5108855626	113.1498939586	-38.8541515069	-117.8566332965	63.9499947178
Q2 2025	97.5256679154	112.8316170702	-35.6980013043	-105.3190659885	69.3402176928
Q3 2025	102.9755658304	112.0224634203	-43.7091652632	-112.2020370166	59.0868269709
Q4 2025	90.601424027	116.4492208257	-43.2591014114	-111.0302686119	52.7612748294
Q1 2026	78.0337418478	114.5030348724	-46.2948181104	-114.4670759981	31.7748826117

Get the data: NAQ04

Table 4.2 Trade Summary: Quarterly Breakdown of Trade into Goods/Services at Current and Constant Prices

Table 4.2 Trade Summary: Quarterly Breakdown of Trade into Goods/Services at Current and Constant Prices¹
	Trade at Current Prices						Trade at Constant Prices
	Exports			Imports			Exports			Imports		€million
Period	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services
2020
Q1	131,539	61,048	70,491	152,908	24,851	128,057	141,019	59,955	81,331	168,534	28,284	139,998
Q2	121,390	56,811	64,579	84,378	22,487	61,892	134,224	57,451	76,919	93,023	25,277	67,610
Q3	128,691	61,310	67,381	86,317	23,787	62,529	145,290	63,670	81,362	97,023	27,288	69,594
Q4	152,083	63,442	88,641	130,534	29,041	101,493	167,772	66,876	102,460	148,549	34,719	113,611
	533,702	242,610	291,092	454,137	100,166	353,971	588,306	247,953	342,072	507,130	115,569	390,814
2021
Q1	139,419	67,552	71,867	87,834	25,379	62,455	151,312	72,898	77,490	95,768	28,051	67,844
Q2	147,451	67,598	79,853	98,024	27,698	70,326	165,316	72,675	92,674	107,381	30,152	77,316
Q3	154,990	71,815	83,175	100,441	26,794	73,647	168,994	73,747	95,364	108,271	28,513	79,763
Q4	169,809	73,691	96,118	138,086	32,369	105,717	179,995	74,333	106,417	148,978	33,812	114,940
	611,669	280,656	331,013	424,385	112,240	312,144	665,618	293,652	371,945	460,398	120,529	339,863
2022
Q1	164,845	78,380	86,465	109,231	32,152	77,079	171,695	81,265	90,017	116,224	34,163	82,007
Q2	176,848	85,329	91,519	125,067	37,517	87,550	183,674	85,701	97,622	130,347	37,903	92,390
Q3	190,143	94,696	95,447	132,436	38,181	94,256	193,947	93,054	100,333	135,014	37,045	97,944
Q4	194,597	96,381	98,217	144,869	41,803	103,066	196,348	93,668	102,153	147,734	41,046	106,653
	726,434	354,786	371,648	511,603	149,652	361,951	745,664	353,688	390,125	529,319	150,157	378,994
2023
Q1	181,962	89,007	92,955	125,295	34,915	90,380	179,969	89,570	89,729	125,691	34,669	91,026
Q2	175,240	74,612	100,627	129,369	37,725	91,644	176,799	75,458	101,348	130,282	38,346	91,834
Q3	175,189	70,703	104,486	126,010	34,519	91,491	177,765	71,104	106,921	125,779	34,792	90,985
Q4	184,003	71,923	112,080	160,443	42,399	118,044	181,860	70,114	112,150	159,366	41,751	117,714
	716,393	306,245	410,148	541,118	149,559	391,559	716,393	306,245	410,148	541,118	149,559	391,559
2024
Q1	182,806	75,539	107,267	128,870	36,479	92,391	176,666	74,502	102,164	126,031	36,101	89,931
Q2	210,064	78,223	131,842	144,962	39,644	105,318	202,325	77,287	125,039	140,600	39,008	101,592
Q3	197,367	81,402	115,965	143,029	38,492	104,538	191,224	81,134	110,090	138,150	38,026	100,124
Q4	220,100	92,206	127,893	158,232	37,202	121,030	207,556	90,124	117,432	150,871	36,128	114,743
	810,337	327,370	482,967	575,093	151,817	423,276	777,771	323,046	454,725	555,653	149,262	406,391
2025
Q1	228,342	113,079	115,263	154,498	38,860	115,638	214,568	109,061	105,507	147,909	37,472	110,437
Q2	217,731	94,591	123,140	146,860	36,160	110,700	207,265	95,173	112,092	139,972	35,884	104,088
Q3	222,554	98,862	123,692	161,012	43,464	117,548	216,071	103,275	112,796	153,975	43,363	110,611
Q4	225,956	87,856	138,100	175,626	45,622	130,004	215,397	91,316	124,081	166,468	44,778	121,690
	894,583	394,389	500,194	637,995	164,106	473,889	853,300	398,825	454,476	608,324	161,498	446,826
2026
Q1	203,841	77,050	126,791	163,309	46,448	116,861	186,097	79,017	107,079	151,267	44,837	106,430

Percentage change on corresponding period of previous year
2020
Q1	18.1	8.3	28.2	92.6	-4.6	140.0	17.9	12.4	24.1	92.3	1.1	137.0
Q2	4.7	6.9	2.9	-33.2	-14.3	-38.2	6.0	14.5	-1.1	-33.5	-13.5	-39.0
Q3	6.9	7.7	6.2	-0.4	-8.2	3.0	11.6	18.4	5.6	1.0	-4.9	4.1
Q4	17.3	8.2	24.8	-22.1	-2.0	-26.4	18.4	18.1	18.5	-18.6	6.3	-24.4
2021
Q1	6.0	10.7	2.0	-42.6	2.1	-51.2	7.3	21.6	-4.7	-43.2	-0.8	-51.5
Q2	21.5	19.0	23.7	16.2	23.2	13.6	23.2	26.5	20.5	15.4	19.3	14.4
Q3	20.4	17.1	23.4	16.4	12.6	17.8	16.3	15.8	17.2	11.6	4.5	14.6
Q4	11.7	16.2	8.4	5.8	11.5	4.2	7.3	11.1	3.9	0.3	-2.6	1.2
2022
Q1	18.2	16.0	20.3	24.4	26.7	23.4	13.5	11.5	16.2	21.4	21.8	20.9
Q2	19.9	26.2	14.6	27.6	35.4	24.5	11.1	17.9	5.3	21.4	25.7	19.5
Q3	22.7	31.9	14.8	31.9	42.5	28.0	14.8	26.2	5.2	24.7	29.9	22.8
Q4	14.6	30.8	2.2	4.9	29.1	-2.5	9.1	26.0	-4.0	-0.8	21.4	-7.2
2023
Q1	10.4	13.6	7.5	14.7	8.6	17.3	4.8	10.2	-0.3	8.1	1.5	11.0
Q2	-0.9	-12.6	10.0	3.4	0.6	4.7	-3.7	-12.0	3.8	-0.1	1.2	-0.6
Q3	-7.9	-25.3	9.5	-4.9	-9.6	-2.9	-8.3	-23.6	6.6	-6.8	-6.1	-7.1
Q4	-5.4	-25.4	14.1	10.8	1.4	14.5	-7.4	-25.1	9.8	7.9	1.7	10.4
2024
Q1	0.5	-15.1	15.4	2.9	4.5	2.2	-1.8	-16.8	13.9	0.3	4.1	-1.2
Q2	19.9	4.8	31.0	12.1	5.1	14.9	14.4	2.4	23.4	7.9	1.7	10.6
Q3	12.7	15.1	11.0	13.5	11.5	14.3	7.6	14.1	3.0	9.8	9.3	10.0
Q4	19.6	28.2	14.1	-1.4	-12.3	2.5	14.1	28.5	4.7	-5.3	-13.5	-2.5
2025
Q1	24.9	49.7	7.5	19.9	6.5	25.2	21.5	46.4	3.3	17.4	3.8	22.8
Q2	3.6	20.9	-6.6	1.3	-8.8	5.1	2.4	23.1	-10.4	-0.4	-8.0	2.5
Q3	12.8	21.4	6.7	12.6	12.9	12.4	13.0	27.3	2.5	11.5	14.0	10.5
Q4	2.7	-4.7	8.0	11.0	22.6	7.4	3.8	1.3	5.7	10.3	23.9	6.1
2026
Q1	-10.7	-31.9	10.0	5.7	19.5	1.1	-13.3	-27.5	1.5	2.3	19.7	-3.6
¹Chain linked series not additive

Open in Excel: Quarterly National Accounts Q1 2026 Table 4.2 (XLS 22KB)

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Table 4.3 Seasonally Adjusted (SA) Trade Summary: Quarterly Breakdown of Trade into Goods/Services at SA Current and SA Constant Prices

Table 4.3 Seasonally Adjusted (SA) Trade Summary: Quarterly Breakdown of Trade into Goods/Services at SA Current and SA Constant Prices¹
	Trade at Cuurent Prices						Trade at Constant Prices
	Exports			Imports			Exports			Imports		€million
Period	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services	Total	Goods	Services
2020
Q1	133,157	58,886	74,271	156,858	25,275	131,583	146,860	58,674	89,461	173,337	29,277	143,794
Q2	122,999	58,512	64,486	85,361	22,573	62,789	135,031	58,767	76,074	94,375	25,073	69,102
Q3	129,250	61,267	67,983	88,674	24,717	63,957	145,161	63,611	81,223	100,252	28,695	71,331
Q4	147,254	63,076	84,178	120,816	26,178	94,639	160,410	65,817	95,496	137,107	31,760	105,084
	532,660	241,741	290,919	451,710	98,742	352,968	587,461	246,870	342,254	505,071	114,806	389,312
2021
Q1	142,237	66,728	75,509	93,403	27,167	66,235	156,877	71,321	85,180	101,228	29,236	72,122
Q2	149,785	69,655	80,130	99,221	27,664	71,558	166,580	74,345	92,046	108,774	29,826	79,004
Q3	154,942	71,083	83,860	103,339	27,769	75,570	168,431	73,593	94,888	111,870	29,772	82,109
Q4	162,570	71,818	90,752	126,273	28,899	97,374	171,648	73,237	98,728	136,447	31,115	105,079
	609,535	279,284	330,250	422,237	111,500	310,737	663,536	292,496	370,841	458,319	119,950	338,314
2022
Q1	168,853	78,266	90,587	115,843	33,933	81,910	178,049	79,518	98,403	123,322	35,729	87,536
Q2	179,975	87,931	92,044	126,218	37,206	89,012	185,550	87,727	97,339	131,387	37,370	93,965
Q3	190,236	93,943	96,293	135,618	39,102	96,516	192,837	92,604	99,627	138,839	38,284	100,514
Q4	186,744	94,105	92,639	133,397	39,647	93,749	188,337	92,493	95,104	134,617	38,270	96,294
	725,808	354,244	371,564	511,075	149,888	361,187	744,774	352,342	390,474	528,164	149,653	378,309
2023
Q1	185,457	88,174	97,283	133,056	36,544	96,511	185,556	87,659	97,416	133,823	36,143	97,716
Q2	178,186	76,773	101,413	130,238	37,232	93,006	178,833	77,226	101,554	130,967	37,812	93,070
Q3	175,053	69,779	105,274	129,482	36,142	93,340	176,287	70,645	105,900	128,459	35,534	92,919
Q4	175,900	70,113	105,786	147,714	39,027	108,687	173,919	69,310	104,885	147,241	39,457	107,839
	714,595	304,840	409,756	540,490	148,946	391,544	714,595	304,840	409,756	540,490	148,946	391,544
2024
Q1	186,923	74,685	112,239	137,456	38,538	98,918	184,897	74,698	110,200	134,535	37,619	96,915
Q2	212,354	79,690	132,664	145,129	38,340	106,789	203,410	77,857	125,553	141,506	38,670	102,835
Q3	197,322	80,453	116,870	145,615	39,404	106,211	189,999	80,883	109,117	140,405	38,627	101,777
Q4	212,038	91,237	120,801	146,964	36,331	110,633	199,662	89,490	110,172	139,039	34,633	104,406
	808,638	326,064	482,574	575,164	152,612	422,552	777,969	322,926	455,042	555,484	149,549	405,935
2025
Q1	232,576	112,078	120,497	163,369	40,556	122,814	220,661	107,511	113,150	156,711	38,854	117,857
Q2	221,238	97,214	124,025	147,655	35,505	112,150	210,357	97,526	112,832	141,017	35,698	105,319
Q3	223,503	98,695	124,807	164,298	45,037	119,261	214,998	102,976	112,022	155,911	43,709	112,202
Q4	217,061	86,727	130,334	163,787	44,705	119,082	207,051	90,601	116,449	154,289	43,259	111,030
	894,377	394,714	499,663	639,109	165,803	473,307	853,067	398,614	454,453	607,928	161,520	446,408
2026
Q1	209,343	76,751	132,593	173,426	48,499	124,927	192,537	78,034	114,503	160,762	46,295	114,467

Percentage change on previous quarter
2020
Q1	6.2	1.2	10.5	-2.3	-10.3	-0.6	8.7	5.4	11.6	0.4	-2.1	0.5
Q2	-7.6	-0.6	-13.2	-45.6	-10.7	-52.3	-8.1	0.2	-15.0	-45.6	-14.4	-51.9
Q3	5.1	4.7	5.4	3.9	9.5	1.9	7.5	8.2	6.8	6.2	14.4	3.2
Q4	13.9	3.0	23.8	36.2	5.9	48.0	10.5	3.5	17.6	36.8	10.7	47.3
2021
Q1	-3.4	5.8	-10.3	-22.7	3.8	-30.0	-2.2	8.4	-10.8	-26.2	-7.9	-31.4
Q2	5.3	4.4	6.1	6.2	1.8	8.0	6.2	4.2	8.1	7.5	2.0	9.5
Q3	3.4	2.0	4.7	4.2	0.4	5.6	1.1	-1.0	3.1	2.8	-0.2	3.9
Q4	4.9	1.0	8.2	22.2	4.1	28.9	1.9	-0.5	4.0	22.0	4.5	28.0
2022
Q1	3.9	9.0	-0.2	-8.3	17.4	-15.9	3.7	8.6	-0.3	-9.6	14.8	-16.7
Q2	6.6	12.3	1.6	9.0	9.6	8.7	4.2	10.3	-1.1	6.5	4.6	7.3
Q3	5.7	6.8	4.6	7.4	5.1	8.4	3.9	5.6	2.4	5.7	2.4	7.0
Q4	-1.8	0.2	-3.8	-1.6	1.4	-2.9	-2.3	-0.1	-4.5	-3.0	-0.0	-4.2
2023
Q1	-0.7	-6.3	5.0	-0.3	-7.8	2.9	-1.5	-5.2	2.4	-0.6	-5.6	1.5
Q2	-3.9	-12.9	4.2	-2.1	1.9	-3.6	-3.6	-11.9	4.2	-2.1	4.6	-4.8
Q3	-1.8	-9.1	3.8	-0.6	-2.9	0.4	-1.4	-8.5	4.3	-1.9	-6.0	-0.2
Q4	0.5	0.5	0.5	14.1	8.0	16.4	-1.3	-1.9	-1.0	14.6	11.0	16.1
2024
Q1	6.3	6.5	6.1	-6.9	-1.3	-9.0	6.3	7.8	5.1	-8.6	-4.7	-10.1
Q2	13.6	6.7	18.2	5.6	-0.5	8.0	10.0	4.2	13.9	5.2	2.8	6.1
Q3	-7.1	1.0	-11.9	0.3	2.8	-0.5	-6.6	3.9	-13.1	-0.8	-0.1	-1.0
Q4	7.5	13.4	3.4	0.9	-7.8	4.2	5.1	10.6	1.0	-1.0	-10.3	2.6
2025
Q1	9.7	22.8	-0.3	11.2	11.6	11.0	10.5	20.1	2.7	12.7	12.2	12.9
Q2	-4.9	-13.3	2.9	-9.6	-12.5	-8.7	-4.7	-9.3	-0.3	-10.0	-8.1	-10.6
Q3	1.0	1.5	0.6	11.3	26.8	6.3	2.2	5.6	-0.7	10.6	22.4	6.5
Q4	-2.9	-12.1	4.4	-0.3	-0.7	-0.2	-3.7	-12.0	4.0	-1.0	-1.0	-1.0
2026
Q1	-3.6	-11.5	1.7	5.9	8.5	4.9	-7.0	-13.9	-1.7	4.2	7.0	3.1
¹Chain linked series not additive