Export values to the UK down in June but up for the half year

Export values to the UK down in June but up for the half year

The value of exports fell by 5% in the month of June compared to the same month last year.

According to figures from the CSO, goods exports totalled €12.1 billion in the month, a decrease of €663 million on June 2018.

However, when compared to the previous month, goods exports fell by €1.9 billion, or 14%, in June.

That resulted in the trade surplus falling by a third to €4.23 billion in the month.

The value of exports to Britain declined by 6%, or €72 million, to €1.14 billion in June with food and live animals accounting for the biggest decrease.

However, export values to the UK were up 7% in the first six months of the year to €7.25 billion.

There was a €26 million, or 2%, fall in the value of UK imports in the month of June to €1.45 billion.

Exports to Britain account for 9% of total exports while British imports account for about a fifth of overall goods coming into the country.

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