Dáil Éireann Debate, Thursday - 29 June 2023
223. Deputy Bernard J. Durkan asked the Minister for Enterprise, Trade and Employment the extent to which Ireland’s trade with Europe and the UK has been affected by Brexit; and if he will make a statement on the matter. [31955/23]
View answerThe Central Statistics Office compiles statistical data in relation to goods exports and imports. According to CSO data, goods trade with both the UK and the EU27 in 2022 reached the highest level on record. With data now available for the period January to April 2023, it can be seen that the increase in trade with the UK and the EU27 has continued into 2023.
In 2022 Ireland’s goods exports to the UK were valued at €22 billion, a 22% increase over 2021. The value of goods imports from the UK was €29 billion, 50% higher than 2021.
In 2022 Ireland’s goods exports to the EU27 were valued at €80 billion, a 30% increase over 2021. The value of goods imports from the EU27 was €43 billion, 24% higher than the previous year.
Enterprise Ireland reported record exports by its client companies in 2022, which included a 13% increase in exports to the UK, reaching €9.2 billion, and a 28% increase in exports to the Eurozone, to €7.9 billion.
The Department and its agencies work together to assist companies to access new opportunities in overseas markets. This includes the new Post-Brexit Market Growth and Diversification Grant to help Irish companies impacted by Brexit to explore international growth opportunities. This initiative complements the other Brexit supports available through Enterprise Ireland’s Brexit Adjustment Initiative, which provides practical, expert support on issues, including strategic planning, marketing, innovation and competitiveness.
