Imports from Russia increase by €33m within one year – CSO

Imports from Russia are up by € 33 million within one year reaching a total value of € 81 million in March 2022, compared to the same time last year, according to the Central Statistics Office (CSO).

The total value of imports from the country is also up by € 25 million within one month from February this year. However, compared to the beginning of the year, imports fell from € 130 million in January 2022.

Fertilizer worth almost € 27 million was imported from Russia in March this year, compared to just under € 15 million in the same month last year.

Animal feed from the country, excluding unmilled cereals, was also in high demand in March 2022 with a total import value of over € 11 million, compared to only € 1.5 million in March last year.

Ireland imported almost € 40 million worth of petroleum, petroleum products and related materials from Russia in the third month of this year.

In comparison, in February 2022, these imports were valued at € 23 million, and at € 13 million in March last year.

Imports of cereals and cereal preparations from Russia added up to € 17,000 in March this year, compared to € 29,000 in 2021.

Total trade figures

In total, Ireland imported goods worth € 11 billion in March this year, representing an increase of 20% compared to the same period last year. This marks the highest monthly value for goods imports on record, the CSO said.

Irish exportsexclusively to Russia, stood at € 72 million in the month of March this year, representing an increase of € 19 million compared to the same time last year.

Agricultural produce accounted for € 845 million, which equals 4%, of total exports in March this year compared to last year.

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