Ireland’s trade surplus increased in August largely due to a fall in imports, the Central Statistics Office said Thursday.
The trade surplus rose to EUR 3.72 billion in August from EUR 3.53 billion in July.
Exports fell by 1 percent to EUR 8.66 billion in August. At the same time, imports logged a notable 6 percent fall, totaling EUR 4.94 billion.
Data showed that exports of medical and pharmaceutical products surged 39 percent, while that of organic chemicals plunged 23 percent.
At the same time, imports of petroleum dropped 13 percent and other transport equipment imports fell sharply by 71 percent.
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