Ireland Trade Surplus Rises But Activity With Great Britain Declines

(Alliance News) - Ireland's trade surplus increased in September, the Central Statistics Office ...

Alliance News 15 November, 2019 | 11:57AM
Email Form

(Alliance News) - Ireland's trade surplus increased in September, the Central Statistics Office said on Friday, with exports and imports to Great Britain both declining.

Exports in September rose 6% to EUR12.72 billion in September from August, the CSO said, with imports decreasing by 10% to EUR6.67 billion. This has increased Ireland's trade surplus by 30% in September from August to EUR6.05 billion.

On a yearly basis, exports were up 7% in September to EUR12.34 billion and imports fell 20% to EUR6.61 billion.

Both exports and imports to Great Britain - meaning excluding Northern Ireland - declined. Exports were down 9% to EUR1.11 billion year-on-year due to declining exports of mineral fuels, lubricants, food, and live animals. Exports to Great Britain made up 9% of all exports.

Imports from Great Britain in September dipped 6% to EUR1.45 billion year-on-year, again due to declines for mineral fuels and lubricants.

Some 44% of exports in September went to the EU, with the US making up 37%. The EU provided 59% of imports, and the US 15%.

By George Collard;

Copyright 2019 Alliance News Limited. All Rights Reserved.

Email Form

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies