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Exports to US up by 28% this year

15 Jul 2024 / business Print

Exports to US up by 28% this year

Exports of goods increased by 10% in the first five months of 2024, with a value of almost €91 billion, CSO data shows.

Goods imports decreased by 10% in January to May of 2024 compared with the same period in 2023.

Exports of chemicals and related products grew by €5.5 billion this year compared with last year.

Imports decreased

Imports of chemicals and related products decreased by €4.4 billion in the same period.

In May 2024, Ireland’s unadjusted exports of goods rose by over €1.3 billion to €17.9 billion compared with May 2023.

The unadjusted imports for May 2024 were valued at €10.4 billion – down €1.9 billion on May 2023.

Exports to the United States have grown by 28% in the year to date, largely due to the increase in exports of chemicals and related products, the CSO said.

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