Irish trade surplus dips in March as imports grow faster than exports

(Alliance News) - Ireland's trade surplus decreased a bit in March despite an increase in ...

Alliance News 15 May, 2026 | 10:25AM
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(Alliance News) - Ireland's trade surplus decreased a bit in March despite an increase in exports, data published by the Central Statistics Office showed Friday.

The country's trade surplus fell 2.7% to EUR3.59 billion in March from EUR3.70 billion in February.

Exports rose 4.8% to EUR16.70 billion from EUR15.94 billion, while imports climbed 7.0% to EUR13.11 billion from EUR12.25 billion.

Jane Burmanje, Statistician in the International Trade in Goods Division said: "The value of goods exported from Ireland in the first quarter of 2026 decreased by EUR37.6 billion, down 43% to EUR49.9 billion when compared with Q1 2025, EUR87.4 billion. However, Q1 2025 saw a record level of exports, driven by exports of EUR37.6 billion recorded in March 2025, the highest level of goods exported in any one month to date."

Ireland's trade surplus with the rest of the EU fell 4.2% to EUR2.83 billion in March 2026 from EUR2.95 billion in February.

The country's trade surplus with the US however jumped 20% to EUR2.52 billion from EUR2.10 billion.

Ireland's trade surplus with the UK rose to EUR590 million from just EUR84 million.

Meanwhile, Ireland's trade deficit with the rest of the world increased to EUR1.98 billion in March from EUR534 million in February.

By Tom Budszus, Alliance News slot editor

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