Value of Irish exports falls by €2bn in a month as trade tensions escalate

Irish Times | Aug 15, 2019 at 11:59 AM
  • The value of Irish exports fell by nearly €2 billion between May and June amid escalating trade tensions between the US and China and further signs of global downturn.
  • With goods imports rising 2 per cent to €7.3 billion, this gave rise to an adjusted trade surplus of €4.2 billion compared to €6.2 billion the previous month.
  • Exports of medical and pharmaceutical products decreased by 3 per cent to €3.7 billion while exports of other transport equipment, including aircraft decreased by €486 million to €108 million.