Figures show 'exports will lead economic recovery'

Chambers Ireland has today said that Ireland’s recovery will be export-led.

Chambers Ireland has today said that Ireland’s recovery will be export-led.

It comes as provisional CSO figures show a strong increase in exports in February with a 33% hike in trade demand compared with January.

The figures show that the value of exports in February was just over €8bn - up 11% from January.

Imports fell 3% to just under €4.3bn which resulted in the widening of Ireland’s trade surplus by 33% to €3.8bn.

Compared with February last year, exports were up 14%, while imports rose by 18%.

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