Irish trade surplus jumps 20% monthly in December to EU4.91 billion

Ireland’s trade surplus grew sharply in December as imports fell harder than exports, data published by the Central Statistics Office showed Tuesday.

The country’s trade surplus surged 20% to €4.91 billion in December from €4.10 billion in November.

Exports declined 0.2% to €17.00 billion in December from €17.03 billion in November, while imports fell 6.5% to €12.09 billion in December from €12.92 billion in November.

Ireland’s trade surplus with the US fell 13% to €1.67 billion in December from €1.91 billion in November.

Meanwhile, its trade surplus with the rest of the EU rose 14% to €2.57 billion in December from €2.26 billion in November.

Notably, Ireland had a trade surplus of €184 million with the UK in December, compared to a trade deficit of €143 million in November.

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