17th February 2025
The Minister for Enterprise, Tourism and Employment, Peter Burke, today welcomed the latest Goods Exports and Imports release from the CSO which shows that goods exports rose to €224 billion in 2024.
This was an increase of € 28 billion or +14% when compared with 2023.
Commenting on today’s figures, Minister Peter Burke said:
“I am delighted to welcome the publication of this trade data today which shows that the highest value of goods exports from Ireland was achieved in 2024. These export figures show a significant positive 14% growth when compared to 2023. This performance is testament to the strength of exporting companies in Ireland and to their efforts in growing business, reaching new markets and delivering this record performance.”
The EU continues to be Ireland’s largest market, with €88.5 billion of goods exports in 2024, an increase of €7.4 billion (9%) in 2023.
This is followed by the US, accounting for €72.6 billion of exports in 2024, another increase year on year, by a total of €18.6 billion on 2023.
Of this, €20,131 million went to Germany, €22,993 million went to the Netherlands and €17,031 million went to Belgium.
The value of goods exports to Great Britain fell in 2024 to €15.7 billion. This is a fall of €1.7 billion or -10% compared to 2023.
The highest category of exports were medical and pharmaceutical products which rose by €22.4 billion to €99.9 billion which accounted for 45% of goods exports in 2024.
The Minister commented further:
“The government is committed to supporting companies competing and growing on a global scale and the work of our enterprise and development agencies Enterprise Ireland and IDA Ireland, is working to expand Ireland's global trade links and enhance our competitiveness as a top location for business and talent.”
ENDS
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