Irish merchandise exports plunged 14% in October 2009 - - UK down 22%: Fell 15% in year; US-owned chemical sector likely to rebound in November
Dec 22nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish merchandise exports plunged 14% in October relative to September 2009 but were up by 11% in September compared with August, according to data from the CSO. Imports fell by 7% in October 2009 relative to September and were down 1% in September compared with August. On an unadjusted basis, the value of exports in October 2009 was down by 15% from October 2008, while the value of imports was down 30%. Exports to the UK were down 22% in the month of October.