18 August 2026, 13:37 Ireland: Trade Surplus Narrows in June.
Ireland’s trade surplus narrowed to EUR 3.5 billion in June 2026 from EUR 4.6 billion in the same month a year earlier. Imports jumped 19.0% year-on-year to EUR 14.7 billion, driven largely by higher purchases of office machines and automatic data processing machines (+102.3%), miscellaneous manufactured articles (+32.5%), and petroleum and petroleum products (+9.6%). Among key trading partners, imports recorded strong increases to the UK (+20.4%), the US (+51.3%), China (+31.8%), and Spain (+28.1%). Meanwhile, exports rose 7.1% to EUR 18.1 billion, lifted by increased shipments of petroleum and petroleum products (+327.6%), office machines and automatic data processing machines (+95.7%), animal oils and fats (+40.7%), and rubber and rubber products (+76.6%). Exports grew from the UK (+36.8%), Canada (+171.1%), and China (+91.1%). For the January–June period, the trade surplus EUR 24.4 billion, significantly lower compared to EUR 78.6 recorded in the same period last year.
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