Irish exports fell 10% in April

Irish
Irish exports fell 10% in April
By Finfacts Team
Jun 16, 2006, 12:28

The CSO reported today that seasonally adjusted trade shows exports decreased from €7,551m to €6,825m (-10%) for April 2006 while imports decreased from
€5,215m to €4,569m (-12%) relative to the preceding month of March 2006.

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Source: CSO

The March trade in turn shows exports increased from €7,121m to €7,551m (+6%)
while imports increased from €5,083m to €5,215m (+3%) relative to February
2006.

The value of unadjusted exports was €6,850m in April 2006, down €879m
(-11%) on April 2005 while the value of imports was €4,671m, down €430m (-8%). Similarly, exports in March 2006 were €8,317m, up €540m (+7%) on March 2005 and the value of imports was €5,556m, up €707m (+15%).

A comparison of the January-March 2006 figures with January-March 2005
shows that:

Exports increased from €21,072m to €22,327m (+6%) –

Medical and pharmaceutical products increased from €3,848m to €4,139m (+8%), Computer equipment increased from €3,165m to €3,412m (+8%) and Electrical machinery and parts increased from €1,349m to €1,487m (+10%). Textile yarn and related products decreased from €89m to €51m (-42%).
Goods to Luxembourg increased from €36m to €339m, to Belgium from €3,183m to €3,448m (+8%) and to Germany from €1,531m to €1,715m (+12%). Goods to Switzerland decreased from €829m to €489m (-41%) and to Italy from €899m to €794m (-12%).

Imports increased from €13,787m to €15,365m (+11%) –

Computer equipment increased from €2,038m to €2,496m (+22%), Petroleum and related products from €681m to €935m (+37%) and Road vehicles from €1,277m to €1,408m (+10%).

Organic chemicals decreased from €596m to €571m (-4%).

Goods from China increased from €781m to €1,031m (+32%), Great Britain from €3,949m to €4,300m (+9%), the United States from €1,727m to €1,939m (+12%) and Norway from €284m to €480m (+69%). Goods from South Korea decreased from €286m to €223m (-22%) and Japan from €618m to €555m (-10%).