Irish Exports and Imports Hit Record Highs in 2023

The value of Irish exports and imports hit a new record high last year, according to the Central Statistics Office, despite the challenging economic backdrop.

Total exports reached €208 billion, up over €42 billion or 26% compared with the previous year.

While total imports were worth €140 billion, an increase of €36 billion or 35%.

"In December 2022, Ireland's unadjusted exports of goods increased by €1.7 billion to €14.8 billion compared with December 2022," said Ciarán Counihan, Statistician in the International Trade in Goods Division.

"When seasonally adjusted, exports of goods rose by €575 million when compared with November 2022."

The export growth was once again propelled in large part by the pharma sector, with the value of medical and pharmaceutical products rising by €17.4 billion across the year, or 28%, to €80 billion.

While organic chemical exports increased by almost €11 billion, or 42%, to €36.8 billion.

On the import side, the value of mineral fuels and lubricants brought into the country rose by 112% to over €13 billion across 2022.

https://www.rte.ie/news/business/2023/0215/1356822-irish-exports-and-imports-hit-record-highs-in-2022/