Ireland Posts Smallest Trade Surplus in 10 Months
2025-12-17 11:32
By
Judith Sib-at
1 min. read
Ireland's trade surplus narrowed to EUR 4.35 billion in October 2025 from EUR 9.49 billion in the same month last year.
This was the smallest surplus since December 2024, amid a sharp fall in exports and a rise in imports.
Exports dropped 21.6% year-on-year to EUR 16.62 billion, dragged mainly by a 36.2% decline in medical and pharmaceutical products, which accounted for 42.2% of total exports.
Among key partners, exports to Great Britain (-3.7%) fell, while shipments increased to the US (25.6%), the Netherlands (10.8%), and Belgium (10.3%).
Meanwhile, imports rose 4.7% to EUR 12.27 billion, led by substantial increases in purchases of organic chemicals (58.7%) and office machines and automatic data-processing equipment (133.2%).
Ireland’s largest suppliers were the US (13.6%), Great Britain (11.7%), and Germany (9.3%).
For the first ten months of 2025, exports grew 22% to EUR 228.46 billion, with 45.7% of all goods shipped to the US, while imports rose 5.6% to EUR 117.29 billion.