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Booming Chemical Industry Drives Growth In Exports

Ireland's Export Success: Goods Exports Rise 6% in First Half of 2024

Booming Chemical Industry Drives Growth in Exports

Key Findings of the Central Statistics Office (CSO) Report

The latest figures from the Central Statistics Office (CSO) paint a positive picture of Ireland's export performance in the first half of 2024.

  • Goods exports have increased by 6% compared to the same period last year, reaching a value of over €107 billion.
  • The chemical and related products sector has been a major contributor to this growth, with exports increasing by 12%.
  • Other sectors that have experienced strong export growth include food and beverages (up 5%) and machinery and equipment (up 7%).

Growing Demand for Irish Goods in Global Markets

The rise in exports is a reflection of the growing demand for Irish goods in global markets.

  • Ireland is a leading exporter of pharmaceutical products, medical devices, and software.
  • These products are highly competitive and in high demand in markets around the world.
  • The growth in exports is also being driven by the increasing popularity of Irish food and drink products.

Positive Outlook for Irish Exports

The outlook for Irish exports is positive. The global economy is expected to continue to grow in the coming years, and demand for Irish goods is likely to remain strong.

  • The government is also committed to supporting the export sector, through initiatives such as the Export Planning Grant.
  • With continued support from the government and a favorable global economic environment, Irish exports are well-positioned to continue to grow in the coming years.

Additional Resources

  • [Central Statistics Office (CSO)](https://www.cso.ie/en/)
  • [Export Planning Grant](https://www.exportimportbank.gov/financing-options/export-planning-grant-program)
  • [Global Trade](https://www.worldbank.org/en/topic/globaltrade)


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