Written answers

Tuesday, 27 November 2012

Department of Finance

Economic Statistics

Photo of Joe McHughJoe McHugh (Donegal North East, Fine Gael)
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To ask the Minister for Finance the value of imported products (details supplied); if all such items on the Irish market are imported; and if he will make a statement on the matter. [52989/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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Ireland is generally considered to be a particularly open economy with imports accounting for over three quarters of GDP. A considerable share of spending by households and firms leaves the economy on imported goods and services, while at the same time a considerable share of the outputs of Irish firms is exported abroad leading to payment coming into Ireland. In relation to SITC 054.61 sweet corn (cooked or uncooked) frozen and SITC 054.69 other vegetables (cooked or uncooked), frozen - the total value of imports in the first eight months of 2012 amounted to €24.9 million, while the value of exports over the same period for these goods was €1.3 million. Official statistics do not outline the share of imports in final consumption of these goods.

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