Ireland trade surplus narrows 30% monthly in April as exports decline

(Alliance News) - Ireland's trade surplus grew annually in April, but fell on a monthly basis as exports fell, while imports were largely flat.

Exports fell 14% to EUR17.68 billion in April from EUR20.60 billion in March. Annually, exports jumped 44% from EUR12.29 billion in April 2021.

Imports decreased 0.6% monthly to EUR11.25 billion in April from EUR11.32 billion in March. Annually, imports surged 36% from EUR8.25 billion.

The Central Statistics Office noted imports from Great Britain alone surged 78% yearly in April.

"April 2021 was the fourth month in which customs documentation was required for trade with Great Britain, which impacted on our trade with Great Britain," the CSO noted of the change caused by Brexit.

Ireland's trade surplus fell 30% to EUR6.43 billion in April from EUR9.29 billion in March. The surplus increased 59% from EUR4.04 billion a year before.

By Eric Cunha; ericcunha@alliancenews.com

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