Exports Fall In May

Seasonally adjusted exports decreased by 12% in May, relative to April 2009 and imports grew by 1%. Relative to March 2009, exports increased by 6% and imports decreased by 5% in April 2009.

On an unadjusted basis, the value of exports in May 2009 was down 8% on May 2008, while the value of imports was down 22%.

The value of exports in April was up 7% on April 2008 and the value of imports was down 26%.

The January-April figures for 2009 when compared with those of 2008 show that exports increased from €28,754m to €29,657m (up 3%) while imports fell from €20,572m to €16,189m (down 21%).