Growth over first six months driven by increase in pharmaceutical exports
Exports of goods increased 6 per cent in the first half of 2024, reaching a value of more than €107 billion, new figures from the Central Statistics Office show, while imports fell 8 per cent.
Exports to the US have grown by 23 per cent in the year-to-date, while exports to Britain have fallen by 13 per cent.Samsung Galaxy Buds 3 Pro Review: some of the best features reserved for use with a Galaxy phone“The US is one of Ireland’s largest non-EU trading partners and this increase demonstrates that Ireland’s ambitions and commitment to this important export market are coming to fruition,” said Janette Maxwell, director in tax for advisory firm Grant Thornton.
When seasonally adjusted, exports of goods fell by €330 million compared with May, 2024, the CSO said. “This demonstrates the flexibility of the Irish pharma sector as it pivots away from Covid-era vaccines to other pharmaceutical products,” she said.
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