Ireland Trade Surplus Narrows in January

Irish trade surplus decreased to €3.89 billion in the first month of 2015 from a revised €4.3 billion in December, due to a fall in exports.

Preliminary figures for January 2015 show that seasonally adjusted exports decreased by €443 million (-5 percent) to €8,351 million from December 2014. Seasonally adjusted imports decreased by €30 million (-1 percent). 

Year-on-year, exports rose 15 percent. The main drivers were sales of medical and pharmaceutical products which increased 26 percent and exports of organic chemicals which increased 18 percent.

Imports increased 5 percent, driven by purchases of organic chemicals (+61 percent) and road vehicles (+32 percent). Imports of petroleum and related materials decreased 26 percent.

Ireland Trade Surplus Narrows in January

CSO | Joana Taborda |
3/13/2015 11:10:17 AM