![]() ![]() ![]() In Ireland we have seen both exports and imports increasing rapidly in recent years, and the economy has generally expanded as export growth has exceeded import growth. Higher imports, while they reduce GDP, may in some circumstances be an indicator of a strengthening economy. Thus, higher exports are usually a sign of a growing economy. When foreign visitors come to Ireland and spend money here, that counts as Irish exports.Įxports minus imports (called net exports) is part of Gross Domestic Product (GDP), as it is calculated by the Expenditure Method: if exports are greater than imports, net exports adds to GDP if imports exceed exports then net exports lower GDP. When Irish residents go abroad on holidays, they buy hotel and restaurant services from other countries, and this adds to Irish imports. Because of this, the total imports and exports are much greater than what passes through our territory (see Contract Manufacturing). Export restrictions can also affect the efficient functioning of GVCs and raise costs. Similarly, an Irish company can sell goods it owns in another country to a company abroad and that is still an Irish export because the ownership left Ireland, even though the goods were never here. In GVCs, tariffs and non-tariff barriers are effectively a tax on exports. Imports into Ireland are counted when an Irish resident person or company buys from abroad, even if the purchase does not come into the country. Imports and Exports of goods that physically cross the frontier into the country are described in detail in Goods Exports and Imports but the definition in National Accounts is wider than that. On the other hand, we export a lot of meat, dairy produce, pharmaceuticals and IT services, since we produce more than we consume here. Avocados and cars are goods imports, and streaming TV is a service import. Most of what we consume of these are imports. To calculate absolute advantage, look at the larger of the numbers for each product. Special rules apply (State Inspectorate for Cultural Heritage).Ĭrossing the border, importing and exporting by means of a yacht (pleasure boat)? Demonstrate that custom duties and VAT are paid for the yacht in a EU country.Īre you bringing in a car or motorcycle with a foreign vehicle registration number from a non-EU country to the Netherlands? Please read the conditions for this.In Ireland we do not produce many avocados, cars or streaming television shows. You cannot always simply carry across the border, to import and to export art and antiques. You are not permitted to carry across the border, to import and to export narcotics (drugs) such as hashish, cocaine and heroin. You may not bring in medicines / medication to the Netherlands and import these, unless this type is permitted and limited for own use. This also applies to authentic-looking dummy weapons. It is not permitted to carry across the border, to import and to export firearms or other weapons and ammunition. You need a phytosanitary certificate to bring in, import and export plants, flowers, fruit and vegetables. ![]() Plants, flowers, fruit and vegetables (phytosanitary products) Importing food? Health certificate required! For example: cheese, milk, eggs, meat (meat products) Non-recognisable meat product = no certificate required. Protected animal and plant speciesĬarrying across the border, importing and exporting protected animals and plants, or parts of it, is prohibited. You receive counterfeit goods, for example after an order on the Internet? Customs will seize such items upon importation. You may bring counterfeit goods to the Netherlands and the EU in your luggage, just as they are intended for personal use. € 10,000 or more worth in cash or securitiesĪre you bringing in € 10,000 in cash and securities? And you are travelling from a non-EU country to the Netherlands or another EU member state? If so, you must file a Customs declaration.īringing in pets across the border, to import and to export? This is governed by a different set of rules. Customs and other government bodies will monitor that you are complying with the rules. €10,000 or more in liquid assets, a restricted number of goods and animals cannot be imported or exported, brought in to the Netherlands, or taken with you from the Netherlands. A country will always be an exporter of a good where it has A COMPARATIVE advantage in production. Read Restricted or prohibited to import / export While ABSOLUTE advantage is the ability of an individual, a firm, or a country to produce more of a good or service than competitors when using the same amount of resources. ![]()
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