Tuesday, 2 July 2013

Questions (422)

Peadar Tóibín

Question:

422. Deputy Peadar Tóibín asked the Minister for Jobs, Enterprise and Innovation if he will detail the value of exports of Enterprise Ireland client companies and the value of exports of Industrial Development Agency client companies. [24451/13]

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Written answers (Question to Jobs)

Enterprise Ireland client companies achieved a record €16.2 billion in exports in 2012, up from €15.2bn in 2011. Sectors such as Engineering, Software, Internationally Traded Services and Medical Devices showed the strongest export performance, with the Software and Public procurement sectors show a 19% in export sales to €1.028 billion. Geographically, markets such as the USA, Asia Pacific and Latin America contributed strongly to export growth, with export to Latin America growing by 24% in 2012 and those to the USA/Canada by 20%.

Exports accounted for 54% of Enterprise Ireland’s clients’ total sales in 2012 which are now in excess of €30 billion.

The value of exports from IDA assisted companies in 2010 was €110.29 billion and grew 11% to €122.4 billion in 2011. New and established multinationals continue to invest and re-invest in their operations making Ireland one of the global locations of choice for mobile investment projects from the world’s leading companies. 2012 export data for IDA Ireland client companies will be available later this year.

Trade missions are a key to winning new export business and building international networks and partnerships for our expanding range of exporters. 2013 will see another extensive number of Ministerial-led trade missions with an increased focus on high growth economies in Asia, Latin America and the Middle East. These missions are designed to give Irish exporters high level support to reinforce their individual export strategies. In addition, these missions are also designed to establish and build the profile of Irish companies in growth markets where, in the future, they can capitalise on the conclusion of EU Free Trade Agreements that are currently being negotiated. Many of these are underway with Asian economies such as Vietnam, Thailand and Japan.