Mon, 30 Nov 2020

International trade surplus for Ireland soars

Xinhua
25 Oct 2020, 02:41 GMT+10

DUBLIN, Ireland, Oct. 23 (Xinhua) -- In the first eight months of this year, Ireland's goods trade surplus with China increased by 44.35 percent year-on-year to 3.33 billion euros ($3.95 billion), according to statistics released by the country's Central Statistics Office on Friday.

In the January-August period, Ireland exported a total of 7.15 billion euros worth of goods to China while its goods imports from China were valued at 3.82 billion euros, up 26.14 percent and 13.64 percent respectively compared with a year ago.

In the first eight months, China was the fifth largest trade partner of Ireland both in terms of exports and imports.

In terms of exports, the United States was the largest export market of Ireland, followed by Belgium, Germany, and Britain. As for imports, Britain was the largest source of the goods imported by Ireland, followed by the United States, France and Germany.

In the first eight months, Ireland's total goods exports were valued at 108.02 billion euros while its total goods imports were valued at 55.39 billion euros, up 6.7 percent and down 5.6 percent respectively year-on-year. (1 euro = 1.19 U.S. dollars)

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