Increase in exports in all sectors – software, construction and manufacturing saw greatest increases
22 June 2016
Enterprise Ireland companies saw an increase of 10 per cent in exports in 2015, compared with 2014, amounting to an all-time high of €20.6 billion. The export figure is now almost double what it was 10 years ago (€10.73 billionn in 2005).
Significant growth was recorded in exports across all sectors and in the majority of export territories according to the official figures published by Enterprise Ireland. In particular there were increases of:
- 32 per cent in exports for internationally traded software companies to €1.8 billion
- 21 per cent in exports for construction and consumer companies to €2.8 billion
- 11 per cent in exports by manufacturing companies to €3.4 billion
The results also show that exports have increased across most territories with exports to the USA and Canada increasing by 27 per cent to almost €3 billion; exports to the UK increasing by 12 per cent to €7.5 billion, and exports to Northern Europe increasing by 8 per cent to €4.2 billion.
“The 2015 export figure of €20.6 billion demonstrates the scale of the success that Irish companies are seeing in terms of winning business at record levels internationally. Significantly, growth was recorded across all sectors and we are seeing that diversification into high growth markets is a focus for our clients,” said Julie Sinnamon, CEO of Enterprise Ireland.
A key aspect of Enterprise Ireland’s strategy was the co-ordination of trade missions to high growth economies including China, Africa and the Middle East. This was backed up by a wide range of inward buyer visits, market study visits, international trade fairs, Embassy events and knowledge seminars, all aimed at linking Irish companies with international buyers, leading to increased exports and jobs for Ireland.
Enterprise Ireland clients also recorded a record spend of €23.7 billion in the domestic market, representing an increase of €3.4 billion since 2013. The contribution of Enterprise Ireland client companies to the domestic economy is very important, particularly from a regional perspective, as it sustains and creates jobs both directly and indirectly.http://www.engineersjournal.ie/2016/06/22/increase-in-exports-in-all-sectors-software-construction-and-manufacturing-saw-greatest-increases/http://www.engineersjournal.ie/wp-content/uploads/2016/04/aaanews.pnghttp://www.engineersjournal.ie/wp-content/uploads/2016/04/aaanews-300x252.pngNewsconstruction,Enterprise Ireland,manufacturing,software