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Displaying items by tag: Exports to UK Fall

#IrishEXports - A total €9.5bn worth of goods were exported to the United Kingdom in the first eight months of this year, according to the Central Statistics Office (CSO).

As reported on Newstalk, this represented a €300m drop from the €9.8bn it exported to Great Britain and Northern Ireland in the same period in 2015. This suggests that the Brexit vote and weakening sterling are starting to have an impact.

The new CSO data also shows we were importing less from the UK, down to €10.59bn for the first eight months of the year compared to the €11.53bn spend for the same period in 2015.

Ireland is the UK’s fifth largest trading partner. However, the value of Ireland's seasonally-adjusted goods exports fell by 11.5% following the UK's decision to leave the EU.

The price of the sterling also continues to drop, as Irish exporters face an uncertain future due to Brexit.

For more statistics click here

Published in Ports & Shipping

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World Sailing is the world governing body for the sport of sailing, officially recognised by the International Olympic Committee (IOC) and the International Paralympic Committee (IPC).

Founded in 1907, World Sailing's vision is for a world in which millions more people fall in love with sailing; inspired by the unique relationship between sport, technology and the forces of nature; we all work to protect the waters of the world.

World Sailing is made up of 144 Member National Authorities, the national governing bodies for sailing around the world and 117 World Sailing Class Associations.