CSO: Ireland's Trade Surplus Increased In July.

Monday, 20 September 2021 12:37

Its up 11% on June.

Ireland's trade surplus increased in July, as the value of imports fell at a higher rate than exports.

CSO figures show the seasonally adjusted surplus stood at over 5 billion euro, that's up 11 per cent on June.

Eamonn Torsney reports

"The preliminary figures from the Central Statistics Office for July show the value of goods exported fell by 5 per cent to just over 13 billion euro, when compared to the previous month.

The seasonally adjusted figure for imports for the same month, was down over a billion euro to 8 billion euro.

That left the trade surplus at over five billion euro, an increase of 493 million or 11 per cent on the surplus recorded in June.

With the Brexit trade deal still the subject of controversy, the latest figures show exports to Britain increased by 60 per cent in the first seven months of the year when compared to the same period last year. The value of imports increased by a quarter in the same period.

Trade between the south and Northern Ireland was also up, with exports to the North up 45 per cent and imports increased by 60 per cent in the year up to the end of July."

Seasonally adjusted goods trade exports decreased by €656 million in Julyhttps://t.co/w5273ELKgY #CSOIreland #Ireland #Trade #IrishTrade #Exports #Imports #Businessstatistics #IrishBusiness #BusinessNews #Brexit pic.twitter.com/wI6UriM4Bm
— Central Statistics Office Ireland (@CSOIreland) September 20, 2021

More from National News

Sharp Rise In M9 Collisions With Garda Call-Outs Up Year-On-Year

The figures, provided by An Garda Síochána, show a sharp increase compared to previous years.
Councillor Seeks Clarity On How Often Nightclubs and Late Bars In Naas Are Inspected For Fire Risks

Kildare Fire Service says all venues applying to renew their annual dance licence through the District Court were inspected in advance of the hearings.
New Figures From CSO Reveal How Much International Protection Applicants Earn Compared To Average Worker In Ireland

The data also found that a majority of asylum seekers entered the workforce once permitted to do so
Unpaid Eight-Month Work And Training Placement For Adults With Disabilities Branded "Extremely Unfair"

One Kildare mother told Kfm News that their child had been attending structured placements each weekday, typically from around 9:30am to 3pm, and in some cases carrying out tasks for up to two hours at a time - but are not receiving any form of payment.
Department Of Education Defends Kildare SNA Cuts Amid Claims Of Reduced Need At Some Schools

They said there "are many reasons why the level of need for SNA support in schools may fluctuate including falling enrolments, reduced or increased care needs and changing demographics as children move from primary to post-primary schools".
Naas Nurses Threaten Escalation As Staffing Row Deepens

Nurses spoke to Kfm News this week about issues they are dealing with on a daily basis.
Driving Tests Face Disruption As RSA Testers To Strike Next Week

The driving test centre in Naas is the only driving test centre in Kildare and attracts candidates from Kildare, Dublin, Wicklow and Laois.
Jury Delivers Not Guilty By Reason Of Insanity Verdict In Ballyfin Demesne Strangling Case

31-year-old Henry McGowan, from Brooklyn, New York, was found to be having a psychotic episode when he strangled his father to death at the 5-star hotel.