18/02/2014

CSO Figures Show Year-On-Year Increase In Irish Exports

The latest figures from the Central Statistics Office (CSO) show that Irish exports in December 2013 were up by 14% on the same period the previous year.

Welcoming the news, Minister for Jobs, Enterprise and Innovation, Richard Bruton, said that the CSO goods exports figures show a remarkably robust performance by Irish exporters "given everything that is happening in world markets".

Comparing December 2012 to 2013, the figures show:

• Medical and pharmaceutical exports were up by 43% to €1.53bn

• Food and live animal exports rose by 15.7% to €817m

• Machinery and transport equipment export were up 27% to €1.020bn.

The US continues to be the biggest single export market with exports there increasing to €18.4bn in 2013.

Exports to key target countries of Brazil, India, Saudi Arabia and Russia also rose in 2013 compared to 2012. These grew by 6% to €1.8bn, which Minister Bruton said reflects the investments in market development that have been made by the Department's enterprise agencies and especially Enterprise Ireland.

And exports to Singapore grew by 9% to €560m.

Minister Bruton, speaking on his return from the first-ever joint trade mission with UK and Northern Ireland Ministers to Singapore as part of a four-day Enterprise Ireland mission to South East Asia, said: "The goods export figures for 2013 show a remarkably robust performance given everything that is happening in the pharmachem sector, and the very positive figures for December give some reasons to believe that the trend is going in the right direction again.

"Employment in exporting companies increased by over 12,000 during 2013 which bears out a very strong underlying performance by exporting companies despite the difficulties, and the services sector continues to perform particularly strongly.

"This week in Singapore and Malaysia I once again saw the incredible work that Irish companies are doing in world markets, growing their sales and ultimately creating more jobs back home. I am convinced that with the right supports from Government we can see further growth in our exports to help create the jobs that we need."

The full list of figures can be found on the CSO website.

(MH/JP)

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