Ireland Trade Surplus Nearly Unchanged in June


Irish seasonally adjusted trade surplus widened slightly to €3359 million in June of 2014 from €3338 million in previous month, as imports fell at a faster pace than exports.

Preliminary figures for June 2014 show that seasonally adjusted exports decreased by €321 million (-4%) to €7,638 million from May 2014. The main export destination markets were the European Union in €3,812 million (49 percent of the total), and the USA was the main non-EU destination accounting for €2,084 million (27 percent).

Seasonally adjusted imports decreased by €341 million (-7%) to €4,280 million. The European Union accounted for 63 percent of the imports in June of 2014, with 31 percent coming from Great Britain. The USA (12 percent) and China (6 percent) were the main non-EU sources of imports.

Comparing June 2014 with June 2013, the value of exports increased by €439 million (+6%) to €7,780 million. The main drivers were increases of €649 million (+54%) in the exports of Organic chemicals, €78 million (+27%) in Professional, scientific and controlling apparatus and €51 million (+7%) in Food and live animals.

Ireland Trade Surplus Nearly Unchanged in June


CSO | Isabel Felino | isabel.felino@tradingeconomics.com
8/14/2014 11:41:20 AM