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Ireland trade surplus surges 32% in January

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Christian Fernsby ▼ | March 16, 2020
Ireland's trade surplus widened in January, numbers today showed, driven by surging exports of electrical machinery, apparatus and appliances.
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Ireland   Ireland street
According to the Central Statistics Office, Ireland's trade surplus stretched 32% to EUR6.39 billion from EUR4.86 billion in December.

Topics: Ireland trade

Exports rose 7.3% from December to EUR13.74 billion with the value of imports falling 7.6% to EUR7.35 billion.

Helping the exports boost was a 59% month on month rise in exports of electrical machinery, apparatus & appliances to EUR921 million.

Conversely, imports of other transport equipment, including aircraft, decreased by 49% to EUR964 million.