Ireland on Track As CSO Figures Show Record Trade Surplus

17th January 2023

Ireland's largest export market remains with the EU. Exports from and imports to Ireland increased in the first 11 months of last year. Above the 803TEU capacity container ship Samskip Express in the Port of Cork when heading upriver to the port's older and smaller Tivoli container terminal. Credit: Irish Examiner-facebook

In the first 11 months of last year, exports from Ireland had reached €193bn, which was an increase of 27% compared to the same period in 2021, as the latest Central Statistics Office (CSO) figures show.

During the same period, imports to Ireland had increased by 39% to €129bn.

As for the medical and pharmaceutical sectors, together they made up the largest Irish exports commodity at 39% and with exports increased by €569m equating to 9% in November.

Fuels imports saw a sharp increase, rising 40% to €1bn in November.

Ireland's largest export market remains with the EU which accounted for €6.6bn (38%) of total goods exports in November. Of this figure, the Netherlands was the largest export market with €1.7bn, followed by Beligum with €1.4bn and Germany accounting for €1.2bn.

More from Irish Examiner on Exports with the UK and to consult in depth findings of the CSO's 'Goods Exports and Imports November 2022' can be found on their website here.

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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