The unadjusted exports of goods in August increased by €6.3 billion to €19.5 billion compared with August last year, according to the Central Statistics Office report.
The unadjusted imports for August 2022 were valued at €12.5 billion, an increase of more than €4.7 billion on August 2021.
Comparing the first eight months of 2022 with the same period in 2021, exports of goods increased by 30%, and the value of imports increased by 39%.
Seasonally adjusted goods exports were €19.8 billion in August 2022, an increase of €4,136 million compared with July 2022.
Seasonally adjusted goods imports were €13.2 billion in August 2022, an increase of €1,125 million compared with July 2022.
Imports from Great Britain grew by 77% to nearly €2.2 billion in August 2022 compared with August 2021, where the largest increases were in the imports of Mineral Fuels Chemicals & Related Products.
Exports to Great Britain increased by 59% to €1.5 billion in August 2022, due to an increase in the exports of Chemicals & Related Products.
The CSO said that the UK represented 8% of our exports, compared to the US, which made up more than 27% in August.
Meanwhile, the EU accounted for €8.625 billion (44%) of total goods exports in August, of which €3.255 billion million went to Germany, €2.312 billion went to Belgium and €1.283 billion went to the Netherlands.