Thu, 13 Aug 2020

Ireland's imports from China up 44 pct in May

Xinhua
16 Jul 2020, 05:59 GMT+10

DUBLIN, July 15 (Xinhua) -- Ireland imported a total of 582 million euros (about 665 million U.S. dollars) worth of goods from China in May, up by 44.05 percent when compared with the same month of last year, according to figures released by the country's national statistics bureau CSO on Wednesday.

In May, Ireland's total goods exports to China were valued at 882 million euros, slightly down by 2.32 percent over a year ago.

In the January-May period of this year, Ireland's total imports from China increased by 6.5 percent year-on-year to 2.246 billion euros while its total exports to China went up by nearly 26 percent over a year ago to 4.337 billion euros.

China is now Ireland's largest trade partner in Asia, with the value of goods traded between the two countries in the first five months of this year almost three times larger than the combined value of goods traded between Japan, India and Ireland, the CSO figures showed.

The combined value of goods traded between Japan, India and Ireland stood at 2.225 billion euros in the first five months of this year, according to the CSO.

The CSO figures also showed that outside Europe, China is the second largest market for both Irish imported and exported goods, only after the United States. (1 euro = 1.142 U.S. dollars)

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