Exports down 3.3% in 2009, December down 11% YoY

[Cassandra Syndrome]

Figures just relaeased from the CSO show a dramatic decline in exports, particularly in the Pharmaceutical and Chemical sector which is critical for external trade.

http://www.cso.ie/releasespublicatio...nt/extrade.pdf

[hammer]

Has the snow been blamed yet by FF trolls

[charley]

'they didn't post their letter to santa on time' a possible excuse

[supamolli]

Figures just relaeased from the CSO show a dramatic decline in exports, particularly in the Pharmaceutical and Chemical sector which is critical for external trade.

http://www.cso.ie/releasespublicatio...nt/extrade.pdf

I'm confused. The figures actually show that for the first 11 months of last year that there were increases in medical and pharmaceutical exports of 18% while chemicals were up 6%.

The most interesting figure in that for me is that imports from Great Britain are down 31%. (edit: I say that because Ireland is the UK's fifth-largest market)

[Cassandra Syndrome]

I'm confused. The figures actually show that for the first 11 months of last year that there were increases in medical and pharmaceutical exports of 18% while chemicals were up 6%.

The most interesting figure in that for me is that imports from Great Britain are down 31%. (edit: I say that because Ireland is the UK's fifth-largest market)

Its the downward trend in the last 5 months of 2009. The first 7 months of 2009 were up on 2008, thanks to the Chemical and Pharm sector. It was powering ahead as the traditional side collapse.

But in the last couple of months the Chem and pharm side has been plummeting.

[supamolli]

Its the downward trend in the last 5 months of 2009. The first 7 months of 2009 were up on 2008, thanks to the Chemical and Pharm sector. It was powering ahead as the traditional side collapse.

But in the last couple of months the Chem and pharm side has been plummeting.

Are you taking the figure for November 2008 and comparing it to November 2009? If so, you are using the figures for one month and ignoring the comparison of Jan-Nov 2008 to Jan-Nov 2009.

I don't understand why you would focus on the figure for one month and ignore the longer-term trends which seem to show pharma holding up and computer exports collapsing.

[Cassandra Syndrome]

Are you taking the figure for November 2008 and comparing it to November 2009? If so, you are using the figures for one month and ignoring the comparison of Jan-Nov 2008 to Jan-Nov 2009.

I don't understand why you would focus on the figure for one month and ignore the longer-term trends which seem to show pharma holding up and computer exports collapsing.

The link below is for the first 7 months of July. The increase in Chem & Pharm was 14.3% to July 2009 from same period 2008. To November the increased slowed to 8.4% and exports which was 2% higher in total up to July 2009 is now swung to being down in 2009 in total by over 3%.

Chem & Pharm represent nearly 60% of exports, so if it slows up the effects it has are massive.

http://www.cso.ie/releasespublicatio...de_jul2009.pdf

[supamolli]

The link below is for the first 7 months of July. The increase in Chem & Pharm was 14.3% to July 2009 from same period 2008. To November the increased slowed to 8.4% and exports which was 2% higher in total up to July 2009 is now swung to being down in 2009 in total by over 3%.

Chem & Pharm represent nearly 60% of exports, so if it slows up the effects it has are massive.

http://www.cso.ie/releasespublicatio...de_jul2009.pdf

Unfortunately, the information on which you were basing your argument wasn't on the original link you put up.

I see where you are coming from. So if you want to take it on a month-by-month basis over the past three months, it is as follows:

Oct 2009 vs Oct 2008: 5% drop
Nov 2009 vs Nov 2008: 8.8% drop
Dec 2009 v Dec 2008: 9.5% drop

http://www.cso.ie/releasespublicatio...de_oct2009.pdf

http://www.cso.ie/releasespublicatio...de_nov2009.pdf

I suppose the question is does three months constitute a trend?

[Cassandra Syndrome]

I see the spinmasters on the Ministry of Truth 1 O' Clock news were at it again.

[kerrynorth]

Q4 numbers are going to be poor and will make a monkey out of Lenihan with his 'we have turned the corner' crap.