Ireland’s first-half exports soar 31% to €105bn

The value of Ireland’s goods exports for six months to June 2022 increased by €24.7 billion or 31% to €105.6 billion when compared with the same time period of 2021.

The value of goods imports for the first half of 2022 increased by €17.5 billion or 36% to €66.7 billion, when compared with the same time period of 2021.

That according to the latest trade numbers from Ireland’s Central Statistics Office (CSO).

Imports to Ireland from Northern Ireland for January to June 2022 increased by €413 million or 21% to €2.3 billion compared with the same period of 2021.

Exports to Northern Ireland for January to June 2022 increased by €662 million or 38% to €2.4 billion.

The value of Ireland’s goods imports from Great Britain for January to June 2022 increased by €4.8 billion or 72% to €11.4 billion compared with the same period of 2021.

The value of Ireland’s goods exports to Great Britain for the first half of 2022 increased by €2.2 billion or 33% to €8.8 billion.

The CSO said that in June 2022, the unadjusted value of goods exports increased by €2.7 billion or 19% to €17.5 billion in compared with June 2021.

Orla McCarthy, Senior Statistician, International Trade in Goods Division, said: “In June 2022, Ireland’s unadjusted exports of goods were €17.5 billion and imports were valued at €12.7 billion.

“Comparing the first six months of 2022 with the same period in 2021, exports of goods increased by just over 30%, and the value of imports increased by more than a third.

“The main driver of increases in exports of goods was Chemicals & Related Products.

“On the imports side there were significant increases in imports of both Mineral Fuels and Chemicals & Related Products.

“Imports from Great Britain grew by 54% to nearly €2.2 billion in June 2022 compared with June 2021, the largest increases were in the imports of Mineral Fuels and Chemicals & Related Products.”

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Mark McSherry
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