Enterprise Ireland-backed companies see exports hit record in 2022

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Growth at record level of 19% last year

These are significant exports results and reflect the incredible innovation and ambition of the Irish enterprise sector. While the record 19 per cent year-on-year increase in exports is influenced by inflation in certain sectors, most notably in the dairy industry, the results released today demonstrate the continued strength of Irish products and services in international markets.

“Looking ahead we are very conscious of the current and emerging uncertainties for business in global markets. We are working with clients to help them anticipate and transform their business models to address areas such as sustainability, financing and skills.” In total, both export and domestic sales by companies supported by Enterprise Ireland were €62.3 billion.

Minister for Enterprise, Trade and Employment, Simon Coveney welcomed the results, which were announced at the Enterprise Ireland summit in Dublin, saying it was testament to the “resilience and vision” in the Irish enterprise sector and the Government’s policy to assist Irish business. “Irish business faced another challenging year in 2022, with energy costs, inflation and supply chain disruption impacting the trading environment. However, with a record €32 billion in export sales, Irish business has demonstrated its ability to absorb global economic disruption and continue to compete and win in international markets,” he said. “Enterprise Ireland-backed companies now employ more than 218,000 people in every region and county in Ireland.

 

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great to see lads. Pump those exports up !! and lets all get ready for American tourist season.

Could also read Local markets not buying Any negative can be spun Your family was killed.... Your food bills have dropped

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