FX.co ★ Ireland Trade Surplus Narrows in November

In November 2025, Ireland experienced a reduction in its trade surplus, which decreased to EUR 5.16 billion from EUR 8.90 billion in November 2024. This change was influenced by a significant drop in exports and an increase in imports. Exports saw a steep decline of 17.1% year-over-year, amounting to EUR 17.14 billion. This decrease was chiefly due to a 28.7% reduction in sales of chemicals and related products, which represent 43.3% of the nation's total exports. On the other hand, imports rose by 7.3%, reaching EUR 11.98 billion. This increase was primarily driven by a notable 12.9% rise in machinery and transport equipment imports, although imports of chemicals and related products decreased by 10.0%.