Irish trade surplus up in January and February; Value of merchandise exports in February 2009 down 5%; Food exports to UK down 9%.
Apr 29th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The seasonally adjusted Trade Surplus achieved a seven year high in January and went higher in February as merchandise exports increased by 6% and imports by 4% relative to January 2009. Relative to December 2008, exports in January 2009 increased by 8%, while imports increased by 1%. On an unadjusted basis, the value of exports in February 2009 was down 5% on February 2008, while the value of imports was down 23%. The value of exports in January 2009 was down 3% on January 2008, while the value of imports was down 28%, according to the CSO. Food exports to UK down 9%.