Ireland’s trade surplus with China more than doubled in the first four months of this year compared with the same period last year, showed the latest figures released by the country’s Central Statistics Office (CSO).
In the January-April period of this year, Ireland’s trade surplus with China stood at 1.808 billion euros (about 2 billion U.S. dollars), up by 970 million euros or 115.75 percent when compared with the corresponding period of last year.
In the first fourth months of this year, Ireland exported a total of 3.455 billion euros worth of goods to China, up 35.86 percent when compared with a year ago, while its total value of goods imports from China amounted to 1.647 billion euros, slightly down by 3.4 percent year-on-year.
The CSO figures also showed that China was the fifth largest market for both the Irish exported and imported goods in the first four months of this year.
The United States was the largest export market of Ireland in the first four months of this year, with the total value of the Irish goods exported to the country reaching 17.1 billion euros in the period. It’s followed by Belgium (5.67 billion euros), Germany (5.64 billion euros) and Britain (4.81 billion euros).
Britain was Ireland’s largest market for imported goods. In the first four months of this year, Ireland imported a total of 6.7 billion euros worth of goods from Britain, followed by the United States (4.06 billion euros), France (2.36 billion euros) and Germany (2.17 billion euros). (1 euro = 1.12 U.S. dollars)
