Trade Resources Economy Brief Report of Ireland's Trade in July 2016

Brief Report of Ireland's Trade in July 2016

According to the statistics from Eurostat, Ireland’s volume of goods trade was USD113.05 billion from January to July in 2016, down 0.9% year-on-year (the same below). Exports grew by 1.4% to USD71.97 billion, and imports fell by 4.5% to USD41.08 billion. The trade surplus grew by 10.5% to USD30.89 billion.

In July, Ireland’s volume of goods trade fell by 6.8% to USD15.51 billion. Exports fell by 3.4% to USD10.01 billion and imports fell by 12.4% to USD5.50 billion. And the trade surplus grew by 10.4% to USD4.51 billion.

Since January to July, bilateral trade volume between Ireland and China grew by 18.54% to USD3.11 billion. Ireland’s exports to China grew by 44.8% to USD1.45 billion. It accounted for 2.0% of Ireland’s overall export, up 0.6%. And Ireland’s imports from China grew by 2.2% to USD1.66 billion. It accounted for 4.0% of Ireland’s overall imports, up 0.3% over the previous year. Ireland’s trade deficit with China fell by 66.9% to USD0.21 billion.

China was the 10th export market of Ireland and its 6th largest source of imports up to July in 2016.

Source: www.made-in-china.com
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