Ireland’s trade surplus decreased in November, as exports fell much faster than imports, figures from the Central Statistics Office showed Friday.
The seasonally adjusted trade surplus shrank to EUR 3.38 billion in November from EUR 4.47 billion in the preceding month.
In the corresponding month last year, the surplus was EUR 1.7 billion.
Exports plunged 11.0 percent year-over-year to EUR 9.1 billion in November. Imports slipped 1.0 percent to EUR 5.76 billion.
On an annual basis, both exports and imports grew by an unadjusted 24 percent and 7.0 percent, respectively in November.
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