Businesses eye potential supply chain fall-out from Turkey earthquake

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Businesses eye potential supply chain fall-out from Turkey earthquake
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Businesses eye potential supply chain fall-out from Turkey earthquake via IrishTimesBiz

Simon McKeever, chief executive of the Irish Exporters’ Association, told The Irish Times that it is too early to assess the impact of the disaster on the more than €2 billion worth of goods that flow between Ireland and Turkey annually.

Turkey is a relatively small export market for Irish goods. However, its importance as a supplier of goods to the Irish and European market generally increased during the pandemic as businesses searched for alternative markets for materials, inputs and finished goods due to pandemic-related disruption to Asian supply chains.

Ireland imported almost €1.3 million worth of goods from Turkey in the 11 months to the end of November 2022, Central Statistics Office data indicates, mostly electrical machinery and appliances, clothing and apparel as well as petroleum products.

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