Ireland’s €32.4bn trade surplus third highest in EU

IRELAND had the third highest trade surplus in the EU for the first nine months of the year at €32.4 billion — worth a third of the value of the Germany surplus.

The German surplus was €117.9bn and that for the Netherlands was €32.8bn.

However, at 4% the growth of Irish exports was the smallest growth of the EU 27, while the growth in imports was the third smallest at 6%.