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Irish Exports Reach Record €13.1M In July

The value of goods exports for July 2019 reached a record high of €13,176 million.

The latest trade figures from the Central Statistics Office (CSO) show that Irish exports value have increased by more than €2 million (19%) in July compared with the previous month.

According to the report, the biggest change in exports was medical and pharmaceutical products. which increased by €661 million (+18%) to €4,314 million, which represents 33% of the value of total exports.

Exports to UK Fall

Exports to Great Britain which accounted for 8% of total exports decreased by €66 million (-6%) to €1,108 million in July 2019 compared with July 2018, the report showed.

The main fall was in the exports of Chemicals and related products, with a smaller increase in the exports of Mineral fuels, lubricants and related products.

According to the CSO the value of goods exports to Great Britain in the first seven months of 2019 was €8,369 million, an increase of €403 million (+5%) on the first seven months of 2018.

Imports Decrease

According to the CSO figures the value of goods imports for July 2019 was €7,274 million representing a decrease of €445 million (-6%) when compared with July 2018.

© 2019 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click subscribe to sign up for the Checkout print edition. 

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