Source - Alliance News

Ireland’s trade surplus narrowed in November as exports fell while imports grew, data published by the Central Statistics Office showed on Wednesday.

The country’s trade surplus shrank by 14% to €8.64 billion in November from €10.05 billion in October.

Exports fell 4.4% to €19.83 billion in November from €20.74 billion in October, while imports rose 4.6% to €11.19 billion in November from €10.69 billion in October.

Notably, exports to other EU countries declined 23% to €7.03 billion in November from €9.15 billion in October. Imports from the EU rose 1.7% to €4.30 billion in November from €4.23 billion in October.

Irish exports to the US grew 18% to €8.09 billion In November from €6.85 billion in October, while imports from the world’s largest economy climbed 5.7% to €1.63 billion in November from €1.54 billion in October.

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