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Irish Trade Surplus Shrinks in April
Ireland's trade surplus narrowed to EUR 4.36 billion in April of 2021 from EUR 5.77 billion in the corresponding month of the previous year. Exports jumped 10 percent from a year earlier to EUR 12.44 billion, boosted by professional, scientific and controlling apparatus (+30 percent); electrical machinery, appliances and parts (25 percent) and miscellaneous manufactured articles (44 percent). Exports to Great Britain accounted for 8% of total exports and rose by 42 percent from a year earlier. Meantime, imports soared 45 percent to EUR 8.08 billion, due to other transport equipment, including aircraft (108 percent); electrical machinery, apparatus and appliances (204 percent); organic chemicals (99 percent) and petroleum (36 percent). Still, imports from Great Britain dropped 20 percent, mainly due to food and live animals and chemicals and related products.
Published on 2021-06-15

Irish March Trade Surplus Narrows by Almost Half
Ireland's trade surplus narrowed to EUR 5.95 billion in March of 2021 from EUR 10.99 billion in the corresponding month of the previous year. Exports fell 17 percent from a year earlier to EUR 14.65 billion, in part due to exceptionally high exports in March of 2020 in anticipation of the pandemic lockdown. The largest declines were seen in shipments of organic chemicals (-43 percent); medical & pharmaceutical products (-7 percent); and office machinery & automatic data processing machines (-29 percent). Among major trade partners, sales to the EU fell 14 percent but those to the UK jumped 16 percent. On the contrary, imports surged 30 percent to EUR 8.70 billion, mainly driven by purchases of other transport equipment, including aircraft (137 percent); electrical machinery, apparatus & appliances (193 percent); and petroleum (60 percent). Imports from the EU went up by 46 percent and those from the UK plunged 21 percent.
Published on 2021-05-19

Irish Trade Surplus Rises in February
Ireland's trade surplus widened to EUR 5.9 billion in February of 2021 from EUR 3.6 billion in the corresponding month of the previous year. Exports rose 6.8 percent from a year earlier to EUR 12.3 billion, mainly due to higher sales of medical and pharmaceutical products (35 percent). Among major trade partners, sales to the EU declined 1 percent and those to the UK dropped 11 percent. In addition, imports tumbled 18.9 percent to EUR 6.47 billion, dragged down by other transport equipment, including aircraft (-63 percent); organic chemicals (-38 percent) and food and live animals (-18 percent). Imports from the EU were down 36 percent and those from the UK plunged 53 percent.
Published on 2021-04-15

Irish Trade Surplus Narrows in January
Ireland's trade surplus narrowed to EUR 7.5 billion in January 2021 from EUR 7.9 billion in the corresponding month of the previous year. Exports shrank 12 percent to EUR 13.2 billion, mainly due to lower sales in organic chemicals (-20 percent); food & live animals (-16 percent); and in office machines & automatic data processing machines (-38 percent). Meantime, imports plunged 20 percent to EUR 5.7 billion, due to lower purchases of other transport equipment, including aircraft (-48 percent); food & live animals (-35 percent); and petroleum (-44 percent).
Published on 2021-03-18

Irish Trade Surplus Rises in December
Ireland's trade surplus rose to EUR 3.58 billion in December 2020 from EUR 3.18 billion in the corresponding month of the previous year. Exports went up 1 percent to EUR 11.76 billion, as higher sales of medical and pharmaceutical products (+44 percent) more than offset a drop in sales of organic chemicals (-15 percent) and electrical machinery, appliances, apparatus and parts (-18 percent). Meantime, imports fell 3 percent to EUR 8.18 billion, due to lower purchases of other transport equipment, including aircraft (-46 percent) and petroleum (-3.9 percent). Considering full 2020, the country’s trade surplus widened to EUR 75.45 billion from EUR 61.67 billion.
Published on 2021-02-15

Irish Trade Surplus Widens in November
Ireland's trade surplus widened to EUR 6.11 billion in November 2020, from EUR 5.08 billion in the same month last year, as exports jumped 14 percent due to sales of medical and pharmaceutical products (74 percent). Meanwhile, exports were down for organic chemicals (-14 percent) and office machines and automatic data processing machines (-27 percent). Among major trade partners, exports increased to the EU (30 percent), Great Britain (35 percent), and the US (4 percent). At the same time, imports rose 10 percent on the back of higher purchases of medical and pharmaceutical products (78 percent), organic chemicals (139 percent), and food and live animals (13 percent). Imports of petroleum products, however, declined 52 percent. Imports were up from the EU (7 percent), Great Britain (18 percent) and China (21 percent), but declined from the US (-17 percent).
Published on 2021-01-15

Irish Trade Surplus Shrinks in October
Ireland's trade surplus narrowed to EUR 4.77 billion in October 2020, from EUR 5.68 billion in the same month last year. Exports slumped 15 percent due to lower sales of medical and pharmaceutical products (-19 percent), organic chemicals (-15 percent), office machines and automatic data processing machines (-16 percent), food and live animals (-17 percent). Among major trade partners, exports declined to the EU (-15 percent), Great Britain (-23 percent), and the US (-15 percent). Meanwhile, imports were down 15 percent led by purchases of other transport equipment, including aircraft (-59 percent) and food and live animals (-23 percent). Imports of organic chemicals, on the other hand, jumped 100 percent. Imports fell from the EU (-23 percent) and the US (-28 percent), but increased from Great Britain (11 percent) and China (17 percent).
Published on 2020-12-15

Irish Trade Surplus Rises in September
Ireland's trade surplus widened to EUR 7.70 billion in September 2020 from EUR 5.18 billion in the same month last year. Exports climbed 11.7 percent boosted by sales of medical and pharmaceutical products (17 percent); organic chemicals (57 percent) and food and live animals (5 percent), while those of electrical machinery, apparatus and appliances decreased (8 percent). Among major trade partners, sales to the EU advanced 34 percent but those to the UK dropped 2 percent. Meanwhile, imports slipped 14.4 percent mainly due to other transport equipment, including aircraft (-57 percent); organic chemicals (-20 percent) and petroleum (-20 percent). Imports from the EU were down 22 percent and those from the UK decreased 3 percent.
Published on 2020-11-16

Irish Trade Surplus Widens in August
Ireland's trade surplus widened to EUR 6.75 billion in August 2020 from EUR 5.02 billion in the same month last year. Exports jumped 9.0 percent boosted by sales of medical and pharmaceutical products (12 percent) and organic chemicals (59 percent); while exports of professional, scientific and controlling apparatus fell sharply (-20 percent) as well as sales of food and live animals (-11 percent). Among major trade partners, sales advanced to the EU (24 percent), the UK (5 percent), the US (5 percent) and China (3 percent). Meanwhile, imports were down 10 percent led by purchases of other transport equipment, including aircraft (-63 percent), and petroleum (-36 percent). Imports of medical and pharmaceutical products increased 19 percent. Imports from the UK fell 3 percent and those from the US declined 10 percent, while purchases from the EU grew 5 percent and those from China were up 6 percent.
Published on 2020-10-15

Irish Trade Surplus Narrows in July
Ireland's trade surplus narrowed to EUR 5.0 billion in July 2020 from EUR 5.4 billion in the same month last year. Exports rose by only 0.5 percent boosted by sales of medical and pharmaceutical products (14 percent) and organic chemicals (6 percent), while exports of professional, scientific and controlling apparatus fell sharply (-14 percent). Among major trade partners, sales to the US advanced 8 percent, while those to the EU fell 1 percent and to the UK slumped 12 percent. Meanwhile, imports were up 6 percent on the back of a 199 percent jump in purchases of organic chemicals. Imports of other transport equipment, including aircraft decreased 24 percent and those of petroleum tumbled 54 percent. Imports rose from the EU (10 percent), the UK (2 percent), the US (1 percent), Switzerland (228 percent) and China (17 percent).
Published on 2020-09-15

Irish Trade Surplus Widens as Exports Climb 15%
Ireland's trade surplus widened to EUR 7.0 billion in June 2020 from EUR 4.6 billion in the same month last year, as exports jumped 15 percent boosted by sales of medical and pharmaceutical products (45 percent) and electrical machinery, apparatus and appliances (14 percent). Exports of professional, scientific and controlling apparatus, however, decreased 27 percent. Among major trade partners, exports were up to the EU (30 percent) mostly to Germany and Belgium, and China (104 percent) while sales to the UK fell 18 percent and those to the US were almost unchanged. Imports were down 8 percent due to purchases of other transport equipment, including aircraft (-60 percent), while imports of organic chemicals and articles of apparel and clothing accessories rose 53 and 75 percent, respectively. Imports from the EU dropped 10 percent and those from the US declined 16 percent, while purchases from the UK grew 8 percent and from China 61 percent.
Published on 2020-08-14

Irish Trade Surplus Rises in May
Ireland's trade surplus widened to EUR 7.11 billion in May of 2020 from EUR 6.34 in the corresponding month of the previous year. Exports fell 5.3 percent from a year earlier to EUR 12.97 billion, dragged down by lower sales of organic chemicals (-21 percent) and professional, scientific and controlling apparatus (-29 percent). On the other hand, exports of medical and pharmaceutical products increased 44 percent. Exports fell to Germany (-9.5 percent), Belgium (-1.9 percent) and the UK (-9.5 percent) while those to the US rose 14.7 percent). Meantime, imports declined 20.4 percent to EUR 5,86 billion, mainly due to other transport equipment, including aircraft (-89 percent); petroleum (-41 percent) and office machines and automatic data processing equipment (-22 percent). Imports went down from the UK (-5.2 percent); Germany (-30.6 percent); the Netherlands (-19.8 percent) and Belgium (-21.8 percent).
Published on 2020-07-15

Irish Trade Surplus Widens in April
Ireland's trade surplus widened to EUR 5.75 billion in April of 2020 from EUR 5.45 in the corresponding month of the previous year. Exports slid 10 percent from a year earlier to EUR 11.55 billion, dragged down by lower sales of chemicals and related products (-1.1 percent), particularly organic chemicals (-13.7 percent); machinery and transport equipment (-27.9 percent); miscellaneous manufactured articles (-21.2 percent), namely professional, scientific and controlling apparatus nes (-22.2 percent). Imports fell 21 percent to EUR 5.80 billion, due to lower purchases of machinery and transport equipment (-44.2 percent); of which other transport equipment including aircraft (-76.1 percent); mineral fuels, lubricants and related materials (-38.1 percent), including petroleum, petroleum products and related materials (-54.1 percent).
Published on 2020-06-15

Irish Trade Surplus Largest on Record
Ireland's trade surplus widened to EUR 9.3 billion in March 2020, the largest on record, from EUR 4.0 billion in the same month last year. Exports jumped 39 percent to an all-time high, boosted by sales of medical and pharmaceutical products, organic chemicals and electrical machinery, apparatus and appliances. Exports to the EU surged 37 percent, while those to Great Britain dropped 9 percent. Imports declined 9 percent due to lower purchases of other transport equipment, including aircraft, while imports of organic chemicals and food and live animals rose. Imports decreased from both the EU (-26 percent) and Great Britain (-7 percent).
Published on 2020-05-15

Ireland Trade Surplus Shrinks in February
Ireland's trade surplus narrowed to EUR 4.61 billion in February of 2020 from EUR 5.97 billion in the same month last year. Exports slumped 6.5 percent to EUR 11.6 billion, dragged down by lower sales of organic chemicals; medical & pharmaceutical products and office machinery and automatic data processing machines; while those of electrical machinery, apparatus and appliances increased. Also, imports surged 7.5 percent to EUR 6.99 billion, boosted by higher purchases of organic chemicals and medical & pharmaceutical products.
Published on 2020-04-15

Irish Trade Surplus Widens in January
Ireland's trade surplus widened to EUR 7.55 billion in January 2020 from EUR 5.89 billion in the same month last year, as exports rose 9 percent boosted by sales of electrical machinery, apparatus & appliances, medical & pharmaceutical products, and professional, scientific & controlling apparatus. By contrast, exports of organic chemicals decreased. Imports were down 6 percent due to purchases of other transport equipment, including aircraft, and office machines & automatic data processing machines. On the other hand, imports of organic chemicals jumped.
Published on 2020-03-16

Irish Trade Surplus Widens as Imports Slump
Ireland's trade surplus rose to EUR 3.55 billion in December 2019 from EUR 2.96 billion in the corresponding month of the previous year. Exports decreased 1.9 percent from a year earlier to EUR 11.65 billion, the lowest since September 2018, dragged by lower sales of machinery and transport equipment (-15.5 percent) and food and live animals (-2.0 percent). Meantime, imports slumped for the seven straight month by 9.1 percent to EUR 8.10 billion, mainly due to lower purchases of machinery and transport equipment (-29.8 percent). Considering full 2019, the trade surplus widened to EUR 63.39 billion from EUR 48.69 billion in 2018, with exports rising 8.5 percent and imports decreasing 3.0 percent.
Published on 2020-02-14

Irish Trade Surplus Widens in November
Ireland's trade surplus rose to EUR 6.0 billion in November of 2019 from EUR 4.1 billion in the corresponding month of the previous year. Exports declined 2.1 percent from a year earlier to EUR 12.7 billion dragged by lower sales of chemicals and related products (-3.5 percent) and machinery and transport equipment (-2.6 percent). Among major trading partners, shipments declined to the UK (-15.2 percent) and Belgium (-58.5 percent) while those rose to the US (6.6 percent). Meantime, imports dropped 24.4 percent to EUR 6.7 billion amid lower purchases of machinery and transport equipment (-45.3 percent). Imports went down from the US (-51.8 percent), the UK (-7.4 percent) and France (-48.7 percent). Considering January to November, the trade surplus widened sharply to EUR 61.5 billion from EUR 45.7 billion in the same period of 2018.
Published on 2020-01-15

Irish Trade Surplus Widens as Exports Hit Record
Ireland's trade surplus widened to EUR 6.29 billion in October 2019 from EUR 3.27 billion in the corresponding month of the previous year, as exports jumped 16 percent to an all-time high while imports slumped 12 percent. Considering January to October, the trade surplus widened to EUR 56.13 billion from EUR 41.65 billion in the same period of 2018.
Published on 2019-12-16

Irish Trade Surplus Widens Sharply as Imports Plunge
Ireland’s trade surplus jumped to EUR 5.77 billion in September 2019 from EUR 3.30 billion in the corresponding month of the previous year, as imports slumped for the fourth straight month while exports advanced. Considering the January to September period of the year, the country's trade surplus widened to EUR 50,18 billion from EUR 38.38 billion in the same period of 2018.
Published on 2019-11-15