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

Brief Report of Ireland's Trade in July 2016

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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.

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