Irish trade surplus rises on falling imports; Enterprise Ireland says 70% of lost indigenous exports recovered; Job numbers in Irish-owned firms fell
Dec 23rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Seasonally adjusted Irish exports decreased by 2% between September and October and imports dipped by 11%, leading to an increase in the seasonally adjusted trade surplus of 8% to €4.15bn. The CSO reported that on an unadjusted basis, the value of exports in October 2010 was up by 19% compared with October 2009 and the value of imports was down by 1% . This resulted in a trade surplus increase of 41% to €4,294m. Meanwhile, Enterprise Ireland said on Wednesday that 70% of lost indigenous exports have been recovered, while job numbers in Irish-owned firms fell.