In the face of a difficult global trading environment, Irish exporters delivered a powerful performance in 2022.
The value of goods exports from Ireland in 2022 rose to €208bn, the highest level on record.
That’s according to the latest Goods Exports and Imports data from the Central Statistics Office.
“Against the backdrop of this global trading environment, Ireland has continued to maintain its excellent reputation as a world-class supplier of goods and services, while also successfully securing new business in markets around the world”
The value of Goods Exports increased by more than €42bn or +26% when compared to 2021.
A globalised export economy
The largest increase was in exports of Medical and Pharmaceutical Products which increased by €17bn to €80bn (+28%) and in Organic Chemicals which increased by €11bn to €37bn (+42%).
The US continues to be Ireland’s biggest single goods export market, accounting for €63,032m or 30% of total goods exports in 2022.
The EU accounted for €80,639m (39%) of total exports in 2022, an increase of €18,976m (+31%) on 2021.
Exports to the UK in 2022 were €17,167m, which is an increase of €2,749m (+19%) compared with 2022. Exports to the UK accounted for 8% of total exports in 2022.
“I welcome today’s record trade data, from what was a challenging year for exporters, with the impact of the war in Ukraine, inflationary pressures on enterprises, and ongoing Covid-19 disruptions to the global supply chain,” said Minister for Enterprise, Trade and Employment, Simon Coveney, TD.
“Against the backdrop of this global trading environment, Ireland has continued to maintain its excellent reputation as a world-class supplier of goods and services, while also successfully securing new business in markets around the world.
“I would like to congratulate the exporting companies, and our enterprise and development agencies, who have worked so hard to deliver results throughout the year.”