Ireland’s trade surplus decreased by €34 million (or 1 per cent) to €3.8 billion in February, as exports rose 3 per cent, according to new figures from the Central Statistics Office (CSO).
Exports increased by €238 million or 3 per cent to €8.52 billion from January while imports rose by 6 per cent or €272 million to €4.72 billion.
On an annual basis the value of exports was up 17 per cent or €1.14 billion to €7.93 billion, driven primarily by a 37 per cent rise in exports of pharmaceutical products and a 20 per cent increase in exports of manufactured articles.