Trade

Irish imports from the UK drop as exports rise

The overall drop of €1.6 billion in imports globally reflected a heavy swing in activity with Britain

Export activity from Ireland to Great Britain bucked an overall downward trend in exports. Picture: Getty

Irish exports to Great Britain bounced back significantly in the 12 months to May after a significant drop was recorded in April, according to new data from the Central Statistics Office (CSO).

Imports from Ireland’s nearest neighbour dropped by over a third to €1.3 billion in the 12 month period while exports to Great Britain rose by almost a fifth to €1.6 billion. The rise in exports bounced back after a 22 per cent drop ...