We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

sabertasche2 via Creative Commons/Flickr

Exports and imports dive in April

The latest data from the CSO shows the lowest seasonally-adjusted monthly export figures since March 2010.

A DECREASE IN both exports and imports has been noted for April, according to newly released figures from the Central Statistics Office.

The data shows the lowest seasonally-adjusted monthly export figures since March 2010, and accounts for a 9 per cent decrease (worth €713 million) when compared to the previous month.

Meanwhile, imports fell by 23 per cent over the same period.

Chemicals and related products accounted for €4,192 million (60 per cent) of the total exports of €7,037 million in April 2012.

Exports of medical and pharmaceutical products decreased by €471 million (21 per cent) while the value of exports of organic chemicals declined by €298 million (17 per cent) when comparing April 2012 with April 2011.

The European Union accounted for 59 per cent (€4,184 million) of total exports in April 2012 with Belgium and Great Britain accounting for 30 per cent of the total exports.

Meanwhile, the United States was the main destination for exports outside the EU accounting for 17 per cent of total exports in April 2012.

Over the first four months of 2012, exports amounted to €30,696 million and imports €16,995 million – representing a trade surplus of €13,700 million.

Read more about trade>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Your Voice
Readers Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.