Northern Ireland Economic Trade Statistics (NIETS) Crib Sheet
Northern Ireland Economic Trade Statistics (NIETS) Crib Sheet
The Northern Ireland Economic Trade Statistics (NIETS) (formerly known as Broad Economy Sales and Exports Statistics) is an annual measure of local businesses’ trade with markets inside and outside Northern Ireland and measures both the sales and purchases of goods and services by businesses in the non-financial industry sectors.
The table below provides an overview of the latest key headline results and refers to survey year 2024.
An appropriate set of deflators to produce inflation-adjusted data does not exist. Therefore, all values are presented in current prices.
| Partner | Transaction | 2023 | 2024 | % diff 22-23 | % diff 23-24 | Goods-Services split 22-23 | Goods-Services split 23-24 | Trend 2011 - now | 2023 | 2024 | % diff 22-23 | % diff 23-24 | Goods-Services split 22-23 | Goods-Services split 23-24 | Trend 2011 - now | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALL | ||||||||||||||||
| All | Total | £101.7b | £109.3b | ↑ 16.8% | ↑ 7.5% | 100.0% | 100.0% | £ 63.8b | £ 66.8b | ↑ 11.9% | ↑ 4.7% | 100.0% | 100.0% | |||
| All | Goods | £ 65.9b | £ 69.4b | ↑ 12.7% | ↑ 5.3% | 64.9% | 63.5% | £ 50.5b | £ 52.4b | ↑ 10.1% | ↑ 3.8% | 79.1% | 78.4% | |||
| All | Services | £ 35.7b | £ 39.9b | ↑ 25.1% | ↑ 11.5% | 35.1% | 36.5% | £ 13.4b | £ 14.4b | ↑ 19.1% | ↑ 8.0% | 20.9% | 21.6% | |||
| NORTHERN IRELAND | ||||||||||||||||
| NI | Total | £ 66.9b | £ 69.5b | ↑ 14.8% | ↑ 3.9% | 100.0% | 100.0% | £ 37.3b | £ 39.3b | ↑ 11.3% | ↑ 5.5% | 100.0% | 100.0% | |||
| NI | Goods | £ 42.9b | £ 45.0b | ↑ 12.2% | ↑ 4.9% | 64.2% | 64.8% | £ 28.7b | £ 30.5b | ↑ 13.3% | ↑ 6.4% | 77.0% | 77.7% | |||
| NI | Services | £ 24.0b | £ 24.5b | ↑ 19.8% | ↑ 2.2% | 35.8% | 35.2% | £ 8.6b | £ 8.8b | ↑ 5.0% | ↑ 2.3% | 23.0% | 22.3% | |||
| GREAT BRITAIN | ||||||||||||||||
| GB | Total | £ 17.6b | £ 20.1b | ↑ 15.8% | ↑ 14.2% | 100.0% | 100.0% | £ 17.1b | £ 16.4b | ↑ 23.0% | ↓ -4.6% | 100.0% | 100.0% | |||
| GB | Goods | £ 10.8b | £ 10.9b | ↑ 7.9% | ↑ 0.8% | 61.2% | 54.0% | £ 13.9b | £ 12.9b | ↑ 16.7% | ↓ -6.7% | 80.9% | 79.2% | |||
| GB | Services | £ 6.8b | £ 9.3b | ↑ 30.8% | ↑ 35.5% | 38.8% | 46.0% | £ 3.3b | £ 3.4b | ↑ 59.3% | ↑ 4.3% | 19.1% | 20.8% | |||
| IRELAND | ||||||||||||||||
| IE | Total | £ 8.7b | £ 10.5b | ↑ 18.6% | ↑ 19.6% | 100.0% | 100.0% | £ 3.8b | £ 4.1b | ↑ 13.9% | ↑ 8.7% | 100.0% | 100.0% | |||
| IE | Goods | £ 6.4b | £ 7.8b | ↑ 12.0% | ↑ 22.0% | 72.8% | 74.2% | £ 3.3b | £ 3.2b | ↑ 13.1% | ↓ -3.1% | 87.1% | 77.6% | |||
| IE | Services | £ 2.4b | £ 2.7b | ↑ 40.8% | ↑ 13.3% | 27.2% | 25.8% | £ 0.5b | £ 0.9b | ↑ 19.8% | ↑ 88.4% | 12.9% | 22.4% | |||
| REST OF EU | ||||||||||||||||
| REU | Total | £ 2.9b | £ 3.6b | ↑ 33.9% | ↑ 23.5% | 100.0% | 100.0% | £ 2.8b | £ 2.7b | ↓ -4.2% | ↓ -5.0% | 100.0% | 100.0% | |||
| REU | Goods | £ 2.1b | £ 2.6b | ↑ 19.8% | ↑ 21.6% | 71.7% | 70.6% | £ 2.6b | £ 2.2b | ↓ -4.4% | ↓ -13.7% | 91.9% | 83.5% | |||
| REU | Services | £ 0.8b | £ 1.1b | ↑ 91.0% | ↑ 28.2% | 28.3% | 29.4% | £ 0.2b | £ 0.4b | ↓ -2.4% | ↑ 94.2% | 8.1% | 16.5% | |||
| REST OF WORLD | ||||||||||||||||
| ROW | Total | £ 5.5b | £ 5.5b | ↑ 37.3% | ↑ 1.5% | 100.0% | 100.0% | £ 2.9b | £ 4.4b | ↓ -15.7% | ↑ 54.2% | 100.0% | 100.0% | |||
| ROW | Goods | £ 3.7b | £ 3.2b | ↑ 34.5% | ↓ -14.8% | 68.5% | 57.5% | £ 2.1b | £ 3.5b | ↓ -31.9% | ↑ 70.9% | 72.3% | 80.1% | |||
| ROW | Services | £ 1.7b | £ 2.4b | ↑ 43.6% | ↑ 36.8% | 31.5% | 42.5% | £ 0.8b | £ 0.9b | ↑ 122.4% | ↑ 10.8% | 27.7% | 19.9% | |||
| EXTERNAL (Outside NI) | ||||||||||||||||
| External | Total | £ 34.8b | £ 39.8b | ↑ 20.8% | ↑ 14.4% | 100.0% | 100.0% | £ 26.6b | £ 27.5b | ↑ 12.7% | ↑ 3.6% | 100.0% | 100.0% | |||
| External | Goods | £ 23.0b | £ 24.4b | ↑ 13.7% | ↑ 6.0% | 66.2% | 61.3% | £ 21.8b | £ 21.9b | ↑ 6.2% | ↑ 0.4% | 82.0% | 79.5% | |||
| External | Services | £ 11.8b | £ 15.4b | ↑ 37.7% | ↑ 30.7% | 33.8% | 38.7% | £ 4.8b | £ 5.6b | ↑ 56.7% | ↑ 18.2% | 18.0% | 20.5% | |||
| OUTSIDE UK (Exports or Imports) | ||||||||||||||||
| Outside UK | Total | £ 17.1b | £ 19.6b | ↑ 26.6% | ↑ 14.5% | 100.0% | 100.0% | £ 9.4b | £ 11.2b | ↓ -2.1% | ↑ 18.4% | 100.0% | 100.0% | |||
| Outside UK | Goods | £ 12.2b | £ 13.5b | ↑ 19.5% | ↑ 10.6% | 71.2% | 68.8% | £ 7.9b | £ 8.9b | ↓ -8.2% | ↑ 12.7% | 84.0% | 80.0% | |||
| Outside UK | Services | £ 4.9b | £ 6.1b | ↑ 48.4% | ↑ 24.0% | 28.8% | 31.2% | £ 1.5b | £ 2.2b | ↑ 51.4% | ↑ 48.3% | 16.0% | 20.0% | |||
For further information:
* NIETS
homepage
* NIETS data on the NISRA
Data Portal