Value of goods imports from Britain fell 50% year-on-year in first month of 2024
Total value of goods exported in the first month of 2024 was €18.1 billion, up €2.5 billion from January 2023. Stock photograph.
After a 6 per cent decline in export values last year amid a slump in the pharmaceutical sector, the total value of goods exported in the first month of 2024 was €18.1 billion, up €2.5 billion from January 2023 or 16 per cent, according to preliminary data released on Friday. “The increase in the surplus is due to a combination of increased exports and reduced imports,” said Ciarán Counihan, a statistician in the CSO’s international trade in goods division. “The largest increase in exports was due to pharmaceuticals, and the largest reduction in imports was seen in fuels.”