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Irish goods exports in value have soared to a record €165 billion last year despite the disruption to global trade caused by the pandemic.

The full-year (Central Statistics Office) figures for 2021 show trade with the UK has been impacted by Brexit, however.

While Irish exports to Britain were up by €2 billion or 17 per cent in the 12 months to the end of December, imports of goods from Britain were down by nearly €2.4 billion or 13 per cent.

Since the UK’s departure from the EU on January 1st, 2021 firms have faced increased customs requirements.

Marks and Spencer (M&S) said last year that post-Brexit rules and “excessive paperwork” has forced it to cut about 800 lines from its stores in the Republic.

But the fall-off in imports has coincided with a significant uptick in cross-Border trade on the island of Ireland.

The Irish Times has more on the CSO figures including an exports/imports graph .  

Published in Ports & Shipping
The Marine Institute has issued a statement congratulating Mr Simon Coveney TD on his new appointment as the Minister for Agriculture, Marine and Food today (11th March 2011), during his visit on board the RV Celtic Explorer in Cork, after its return from the mission to the Labrador and Newfoundland Seas.

Seeing the capabilities of Ireland's largest research vessel and the work of the Marine Institute, Mr Simon Coveney highlighted the importance the Marine Sector has on the Irish economy. "The seas and ocean that surround the land of Ireland is arguably one of our countries greatest natural resources. Through marine research, development and sustainable management, Ireland is developing a strong reputation as an emerging centre of excellence, where we have prominent roles in many European and international marine science bodies," he said.

Ireland's national research vessels RV Celtic Explorer and RV Celtic Voyager will record 627 days at sea between the two during 2011. Their work will range from fisheries surveys to underwater mapping and from climate studies to deepwater surveys with the remotely operated submersible ROV Holland 1.

"The work conducted on the vessels continues to feed into the success in attracting EU funding to Ireland's marine science programmes that have been achieved by our strategic approach to marine science planning" explained Dr Peter Heffernan, CEO of the Marine Institute.

"The award of funding projects shows that partnerships between academics and small businesses can yield significant dividends in creating jobs, generating economic revenue and the supply of raw materials for new industries ranging from ocean energy and environmental monitoring technologies to marine-inspired pharmaceuticals and food ingredients" he further said.

Published in Marine Science

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.