Surplus surpasses €4.1bn

IRELAND’S seasonally adjusted trade surplus reached a record high of nearly €4.1 billion in June — keeping the country on course to meet a new peak for the full year.

However, export performance is expected to dip slightly in the coming months.

June’s surplus was up 8% on May’s €3.8bn, which itself represented a 44% increase on the previous month. On a non-adjusted basis, the surplus for June reached €4.47bn (comprising exports of €8.3bn and imports of €3.9bn), the highest since the same month in 2001.