Figures released on Monday by the Central Statistics Office show a huge surge in fuel imports to the State from Britain this year, following the recovery of the economy after Covid and also the outbreak of the war in Ukraine.
Imports from Britain of “mineral fuels” and related goods trebled in the first eight months of the year to more than €4.8 billion. Total goods imports from Britain surged 77 per cent to almost €2.2 billion in August, compared to the same month last year, while goods exports rose 59 per cent to €1.5 billion.
Britain’s share of the State’s goods exports now stands at 8 per cent, while it accounts for 18 per cent of imports.
Overall, goods exports to all countries from the Republic were up 30 per cent to €139.7 billion in the first eight months of the year, which appears to have been driven by a surge in sales from the pharmaceuticals industry. Imports rose 39 per cent to €90.2 billion.
Zuckerberg’s culture shift at Meta could make it hard to find new recruits willing to work in his macho organisation
Keeping sea lice from farmed fish will boost aquaculture health and profits
Bosch Unlimited 7 Aqua review: Saving time and effort on household cleaning
Irish space race: domestic companies pushing the frontiers of AI, space stations and acoustic technology
Total goods exports rose €6.3 billion to €19.5 billion in August, while imports were up €4.7 billion to €12.5 billion.
