|
Ireland’s trade surplus declined in December, as exports fell sharper than imports, data published by the Central Statistics Office showed Monday. The country’s trade surplus fell 26% to €6.48 billion in December from €8.73 billion in November. Exports contracted 14% to €17.44 billion in December from €20.21 billion in November. Imports declined by 4.5% to €10.96 billion from €11.48 billion. For all of 2024, Ireland’s trade surplus surged 62% to €90.22 billion from €55.74 billion in 2023. Its trade surplus with the US jumped 61% to €50.13 billion in 2024 from €31.09 billion in 2023. Ireland’s trade figures come after US President Donald Trump threatened to apply higher tariffs on import of automobiles, aluminium and steel, oil and gas, and semiconductors. Meanwhile, Ireland’s trade deficit with the island of Great Britain decreased by 74% to €941 million in 2024 from €3.64 billion in 2023. Its trade deficit with Northern Ireland decreased by 14% to €241 million in 2024 from €280 million in 2023. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
