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THE VALUE OF Irish exports increased in November, newly released figures from the Central Statistics Office show.
A seven per cent increase (€552 million) to €8,008 million from October to November was noted.
Seasonally adjusted imports decreased by €481 million (-11 per cent) to €3,724 million resulting in a 32 per cent increase in the seasonally adjusted trade surplus to €4,284 million.
The value of exports decreased by €305 million (-4 per cent) to €8,291 million year on year, from November 2012 to November 2011.
Exports of chemicals and related products decreased by €177 million (-3 per cent) with a decrease of €774 million in medical and pharmaceutical products partially offset by an increase of €427 million in organic chemicals and €126 million in essential oils.
On an overall basis, the EU accounted for €4,684 million (56 per cent) of total exports in November 2012, and he USA was the main non-EU destination for exports accounting for 18 per cent of total exports in that month.
Comparing November 2012 with November 2011, imports decreased by €251 million (-6 per cent) to €3,908 million. The larger decreases were for imports of mineral fuels, lubricants and related materials (down €116 million), chemicals and related products (down €105 million) and machinery and transport equipment (down €62 million).
Two-thirds of the value of imports in November 2012 came from the EU, with 35% coming from the UK. The USA (8 per cent) and China (7 per cent) were the main non-EU sources of imports.
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Great news hopefully it will stay positive
I find it funny only 7% from China and they make nearly everything.I would have taught people would be buying direct and saving a fortune considering the shortage of funds
Paddy statistics like that are only positive if the actual value stays within the country unfortunately it does not ? please observe comment below ! We are equivalent to a canal St laundry which is happy with a profit of a few odd socks while we let a financial TRIAD march all over us !! Positive thinking Cop ON ??
Are we talking about ppl here because it just seems that way
Do we export beef burgers as food or chemical substances?
So the laundry worked out OK ? We threw so much into the machine & we were granted 4 pairs of odd socks by our transnational( ”Paddies as na criuniú ) Marvellous news ??
Lovely to see ISME doing a bit of unpaid O/T anocht !! ( never mind the american chamber of proper geese (ganders) ??)
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