Ireland Trade Surplus Narrows Slightly in September


Irish trade surplus decreased marginally to € 3.25 billion in September of 2014 from € 3.38 billion in the previous month. Both exports and imports decreased 4 percent.

Preliminary figures for September 2014 show that seasonally adjusted exports decreased by €323 million (-4 percent) to €7,694 million from August 2014. Seasonally adjusted imports also decreased by 4 percent (-€191 million) to €4,440 million.

Comparing September 2014 with September 2013, the value of exports 8 percent. The main drivers were increases of 22 percent in exports of medical and pharmaceutical products and 25 percent in essential oils. Exports of organic chemicals decreased by 9 percent. A comparison of the non-seasonally adjusted exports between January to September 2014 and January to September 2013 shows an increase of €855 million (+1 percent).

Comparing September 2014 with September 2013, the value of imports increased 10 percent. Imports of petroleum and related products increased 40 percent and machinery specialized for particular industries increased 148 percent. Comparing non-seasonally adjusted imports between January to September 2014 and January to September 2013 shows that there was an increase of €2,685 million (+7 percent).

Ireland Trade Surplus Narrows Slightly in September


CSO | Joana Taborda | joana.taborda@tradingeconomics.com
11/13/2014 11:16:41 AM