Ireland has second largest surplus in EU
Ireland recorded the second largest first-quarter trade surplus in the EU, according to the latest data from Eurostat. Germany led the way with the value of its exports exceeding imports by €36.8 billion. The Netherlands was third with €11.6 billion, with Ireland sandwiched in-between on €12.7 billion. Ireland's surplus was €4.4 billion higher than the same period in 2008, though it was attributed more to a drop in the cost of imports than on a major increase in exports.
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