Irish exports and imports hit record highs in 2022

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The value of Irish exports and imports hit a new record high last year, according to the Central Statistics Office, despite the challenging economic backdrop.

While total imports were worth €140 billion, an increase of €36 billion or 35%.

The market that recorded the biggest increase in exports in 2022 was the EU, rising 31% or €18.9 billion to €80.6 billion compared to 2021.Exports to the USA increased by 27% or €10.5 billion and to Great Britain by 19% or €2.8 billion, with the value of goods going to the rest of the world rising by 27%.

However, imports from there fell by 10% to €1.7 billion in December compared with the same month a year earlier.

 

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