According to the statistics from Statistical Office of the European Union, Ireland’s volume of goods trade was USD95.73 billion from January to June in 2016, down 1.7% year-on-year (the same below). Exports grew by 1.2% to USD61.36 billion, and imports fell by 6.5% to USD34.37 billion. The trade surplus was USD26.99 billion, up 13.0% from last year.
In June, Ireland’s volume of goods trade fell by 2.1% to USD16.91 billion. Exports grew by 3.1% to USD11.29 billion and imports fell by 11.1% to USD5.62 billion. And the trade surplus grew by 22.6% to USD5.68 billion.
Since January to June, bilateral trade volume between Ireland and China grew by 17.9% to USD2.65 billion. Ireland’s exports to China grew by 41.7% to USD1.22 billion. It accounted for 2.0% of Ireland’s overall export, up 0.6%. And Ireland’s imports from China grew by 3.1% to USD1.43 billion. It accounted for 4.2% of Ireland’s overall imports, up 0.4% over the previous year. Ireland’s trade deficit with China fell by 60.8% to USD0.2 billion.
China was the eleventh largest export market of Ireland and the sixth largest source of imports up to June in 2016.
