Ireland\\\'s official trade surplus widens in April


FE Team | Published: June 15, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



DUBLIN, June 14 (AFP): Ireland's trade surplus widened by almost a fifth in April as imports fell at a greater rate than exports, official data showed Friday.
A trade surplus is one of the main factors of growth in an economy, and eurozone nation Ireland is counting heavily on exports to fuel its economic expansion since emerging from an international bailout programme in December.
The seasonally-adjusted trade surplus grew to 2.88 billion euros ($3.90 billion) in April from 2.44 billion euros in March, the Central Statistics Office (CSO) said in a statement.
April's figures represent a positive rebound from March, when the trade surplus shrank to the lowest level since July 2008.
The CSO said that Irish exports deceased by 1.0 per cent to 6.87 billion euros in April from March.
Imports fell by 11.0 per cent to 3.97 billion euros.
The European Union accounted for 53 per cent of total exports in April, with the United States remaining the main non-EU destination accounting for 24 per cent of total exports, the CSO said.

Share if you like