DUBLIN: Ireland’s trade surplus increased in August largely due to a fall in imports, the Central Statistics Office said Thursday.
The trade surplus rose to EUR 3.72 billion in August from EUR 3.53 billion in July.
Exports fell by 1% to EUR 8.66 billion in August. At the same time, imports logged a notable 6% fall, totaling EUR 4.94 billion.
Data showed that exports of medical and pharmaceutical products surged 39%, while that of organic chemicals plunged 23%.
At the same time, imports of petroleum dropped 13% and other transport equipment imports fell sharply by 71%.
