- The seasonally adjusted trade surplus increased by 7.54% mom (a whooping 22.45% yoy) to €4,079m. This is the highest monthly surplus ever recorded in nominal seasonally-adjusted terms.
- Compared to June 2009, trade surplus increased 7.48% (+€283.8 million) and compared to June 2010 trade surplus is up 22.45% (+€747.9 million).
- The non-seasonally adjusted trade surplus in June 2011 was €4,473m comprising exports of €8,343m and imports of €3,870m. Per CSO: "This is the highest trade surplus since June 2001.
- Imports came in at a weak €3,821 million in seasonally-adjusted terms in June 2011, down 7.48% on June 2010 and up 2.83% on June 2009.
- Exports posted the best seasonally-adjusted performance since February 2011, reaching €7,900 million in June 2011, up 5% (+374.6 million) mom. Exports rose 5.89% yoy (+€439.1 million) and 5.18% (+€388.90 million) on June 2009.
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For H1 2011:
- Imports stood at €24,934.4 million, up 8.47% (+€1,946.4 million) year on year
- Exports were at €46,244.9 million, up 5.43% (+€2,423 million) yoy and
- Trade surplus stood at €21,310.3 million, up 2.29% (+€476.4 million)
Per CSO (using final figures through May) for the first five months of 2011 compared with those for 2010:
- Exports increased by 6% to €38,565m:
- Exports of Medical and pharmaceutical products increased by 14% or €1,362m,
- Exports of Organic chemicals rose by 7% or €582m and
- Exports of Dairy products increased by 47% or €217m.
- Imports increased by 12% to €21,123m
- Imports of Other transport equipment (including aircraft) increased by 34% or €497m
- Medical and pharmaceutical products by 22% or €318m and
- Imports of Petroleum rose by 17% or €305m.
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