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.


More in this Section

Battle of big forces at Ryanair

More public investment needed for Cork to thrive

Too early to tell whether prices and wages will rise

Little room for hot air in energy debate


Breaking Stories

Court approves scheme for companies employing 330 people in Galway to continue as going concerns

Disney snap up slice of Murdoch empire with £39bn takeover of 21st Century Fox entertainment assets

General strike halts services and ferry routes across Greece

IT sector sees 56% rise in employment figures over five years

Lifestyle

Wishlist: Must-have Christmas gifts and the joy of Ikea

Timing is everything as The Frank and Walters revisit 'Grand Parade'

A question of taste: Eileen O'Shea

Eoghan O'Sullivan's picks his highlights of 2017

More From The Irish Examiner