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

Brief Report of Ireland's Trade in June 2016

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.

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