Indigenous Irish exports at €14.7bn

EXPORTS FROM indigenous Irish firms grew by half a billion euro to €14

EXPORTS FROM indigenous Irish firms grew by half a billion euro to €14.7 billion in 2011, a “record year” for Irish exporters, according to Enterprise Ireland.

In its end-of-year report, the agency, which is charged with helping Irish companies export to world markets, said that Irish exports had now returned to pre-recession levels.

The figures do not include exports generated by IDA-supported companies, which are mainly international firms.

Enterprise Ireland supports about 3,500 indigenous Irish companies.

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Approximately 50 per cent of exports from indigenous Irish companies were in the food sector in 2011, with strong food and commodity prices providing a welcome boost to the value of exports.

However, Enterprise Ireland chief executive Frank Ryan said Irish food companies had experienced a rise in exports in volume as well as value terms.

Engineering was the second largest exporting sector, responsible for about €2.3 billion in exports.

Suzanne Lynch

Suzanne Lynch

Suzanne Lynch, a former Irish Times journalist, was Washington correspondent and, before that, Europe correspondent