Irish Exporters Association says exports in 2009 grew 1%; Forecasts growth of 2% in 2010; Eurozone Ireland’s main trading partner
Jan 7th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Irish Exporters Association (IEA) said today that overall performance of Irish exports had been quite robust in 2009 given the exceptional weakness in world demand. Total Irish exports (goods and services) fell by 1% in 2009 to €154 billion. The strength of the performance of the export sector can be gauged by comparison to the Irish GDP decline of approx 7.8% (source Central Bank) to €163 billion in 2009. The IEA forecasts growth of 2% in 2010. Today's data confirm that the Eurozone is Ireland's main trading partner.