News

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

Irish Trade Surplus Widens in August
Ireland's trade surplus rose to EUR 5.27 billion in August 2019 from EUR 4.29 billion in the corresponding month of the previous year, as exports rose 2.5 percent boosted by sales of medical & pharmaceutical products; electrical machinery, apparatus & appliances and food & live animals. Meanwhile, imports fell 9.6 percent on lower purchases of medical and pharmaceutical products and other transport equipment, including aircraft.
Published on 2019-10-15

Irish Trade Surplus Widens Sharply as Exports Jump
Ireland's trade surplus widened to EUR 5.90 billion in July 2019 from EUR 3.36 billion in the corresponding month of the previous year, as exports jumped 19 percent boosted by sales of medical & pharmaceutical products, organic chemicals, electrical machinery & equipment, and office machinery & automatic data processing machines. In contrast, imports fell 6 percent due to lower purchases of medical & pharmaceutical products and other transport equipment, including aircraft. Considering January to July, the trade surplus widened to EUR 39.43 billion from EUR 30.81 billion in the same period of 2018.
Published on 2019-09-16

Irish Trade Surplus Widens in June
Ireland's trade surplus widened to EUR 4.65 billion in June 2019 from EUR 4.41 billion in the corresponding month of the previous year. Exports fell 5 percent, while imports dropped at a faster 11 percent. Considering the first half of the year, the trade surplus widened to EUR 33.82 billion from EUR 27.46 billion in the same period of 2018.
Published on 2019-08-15

Irish Trade Surplus at Near Record High
Ireland's trade surplus widened to EUR 6.72 billion in May 2019 from EUR 4.89 billion in the corresponding month of the previous year, remaining close to January's all-time high. Exports rose 14 percent while imports dropped 2 percent.
Published on 2019-07-15

Irish Trade Surplus Widens as Exports Jump 14%
Ireland's trade surplus widened to EUR 5.51 billion in April 2019 from EUR 4.40 billion in the corresponding month of the previous year, as exports rose 14 percent, mainly boosted by sales of medical and pharmaceutical products, and organic chemicals. Meanwhile, imports increased at a slower 6 percent to EUR 7.01 billion, mainly due to purchases of other transport equipment, including aircraft, and petroleum and related materials; while imports of medical and pharmaceutical products plunged. Considering the first four months of the year, the trade surplus widened sharply to EUR 23.06 billion from EUR 18.16 billion in the same period of 2018.
Published on 2019-06-14

Irish Trade Surplus Widens in March
Ireland's trade surplus widened to EUR 4.54 billion in March 2019 from EUR 4.21 billion in the corresponding month of the previous year. Exports rose 4 percent boosted by sales of medical & pharmaceutical products, electrical machinery, apparatus & appliances, and professional, scientific & controlling apparatus. Meanwhile, imports increased at a slower 2 percent mainly due to purchases of other transport equipment, including aircraft, and food & live animals; while imports of medical and pharmaceutical products plunged. Considering the first quarter of the year, the trade surplus widened sharply to EUR 17.64 billion from EUR 13.76 billion in the same period of 2018.
Published on 2019-05-15

Irish Trade Surplus Remains Close to Record High
Ireland's trade surplus widened to EUR 6.26 billion in February 2019, the second-largest on record, from EUR 3.98 billion in the corresponding month of the previous year. Exports climbed 21 percent while imports dropped 1 percent. Considering the first two months of the year, the trade surplus increased sharply to EUR 13.23 billion from EUR 9.55 billion in the same period of 2018.
Published on 2019-04-16

Irish Trade Surplus Rises 25.6% YoY in January
Ireland’s trade surplus widened to EUR 6.99 billion in January of 2019 from EUR 5.57 billion in the corresponding month of the previous year. Exports surged 12.2 percent from a year earlier to a record-high of EUR 13.58 billion and imports went up at a much softer 0.8 percent to EUR 6.59 billion.
Published on 2019-03-15

Irish Trade Surplus Widens in December
Ireland’s trade surplus rose to EUR 3.60 billion in December of 2018 from EUR 3.05 billion in the corresponding month of the previous year. Exports jumped 21.5 percent from a year earlier to EUR 12.21 billion and imports climbed 23 percent to EUR 8.61 billion.
Published on 2019-02-15

Irish Trade Surplus Rises in November
Ireland’s trade surplus widened to EUR 4.80 billion in November of 2018 from EUR 3.62 billion in the corresponding month of the previous year. Exports surged 17.9 percent to a fresh record high of EUR 12.79 billion while imports went up at a softer 10.5 percent to EUR 7.98 billion.
Published on 2019-01-15

Irish Trade Surplus Widens Sharply in October
Ireland’s trade surplus rose to EUR 4.26 billion in October of 2018 from EUR 2.83 billion in the same month of the previous year. Exports jumped 33 percent from a year earlier to an all-time high of EUR 12.85 billion while imports advanced at a softer 26 percent to EUR 8.59 billion.
Published on 2018-12-14

Irish Trade Surplus Shrinks in September, Imports Hit Record
Ireland's trade surplus narrowed to EUR 3.22 billion in September of 2018 from EUR 3.85 billion in the same month of the previous year. It is the second smallest trade surplus since December, as imports grew much faster than exports.
Published on 2018-11-15

Irish Trade Surplus Widens 24.7% YoY in August
Ireland's trade surplus increased to EUR 4.39 billion in August of 2018 from EUR 3.52 billion in the same month of the previous year. Exports surged 20 percent to EUR 11.56 billion and imports advanced at a slightly softer 18 percent to EUR 7.2 billion.
Published on 2018-10-15