Ireland Trade Surplus Narrows in February
Ireland’s trade surplus narrowed sharply to EUR 4.6 billion in February 2026 from EUR 13 billion in the same month last year. Exports plunged 36.4% year-on-year to EUR 15.9 billion, weighed down by declines in live animals excluding fish (-16.9%), vegetables and fruits (-17.2%), and crude materials except fuels (-32.1%). Shipments also dropped to the United States (-69.7%), Japan (-56.1%), China (-16.6%), and Switzerland (-64.6%). Meanwhile, imports declined at a softer pace of 6.1% to EUR 11.3 billion, reflecting lower purchases of dairy products and birds’ eggs (-17.6%), cereals and cereal preparations (-22.7%), feeding stuffs for animals excluding unmilled cereals (-20.1%), and tobacco and tobacco manufactures (-27.1%). Imports also fell from the United States (-15.1%), the Netherlands (-13.4%), Germany (-49.6%), and Belgium (-67.3%). In the first two months of the year, the trade surplus totaled EUR 9.4 billion, down sharply from EUR 26.8 billion in the same period last year.
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