Ireland largest trade surplus per capita

Ireland recorded the largest trade surplus per capita among eurozone countries in November at €31.3bn and the third highest overall behind Germany and the Netherlands.

The eurozone recorded a trade surplus of €17.1bn over November compared with €12.5bn for the same period in 2012. However, most of the increase stemmed from a drop in exports.

Meanwhile, a number of Irish manufacturing industries should see their employment figures rise as a result of the growth in the US and British economies, according to an Investec Ireland Export Analyses Report for the third quarter of last year which found the highest level of growth in three years at 0.6%.

Head of Treasury with Investec Ireland, Aisling Dodgson, said that the manufacturing sector including electrical goods and information technology goods should see a boost in employment.

While in the US personal consumption drove the fastest growth in GDP in four years at more than 4%.

The eurozone did not post such strong growth with the area only achieving 0.3% growth in GDP.


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