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Displaying items by tag: Record Trade Surplus

In the first 11 months of last year, exports from Ireland had reached €193bn, which was an increase of 27% compared to the same period in 2021, as the latest Central Statistics Office (CSO) figures show.

During the same period, imports to Ireland had increased by 39% to €129bn.

As for the medical and pharmaceutical sectors, together they made up the largest Irish exports commodity at 39% and with exports increased by €569m equating to 9% in November.

Fuels imports saw a sharp increase, rising 40% to €1bn in November.

Ireland's largest export market remains with the EU which accounted for €6.6bn (38%) of total goods exports in November. Of this figure, the Netherlands was the largest export market with €1.7bn, followed by Beligum with €1.4bn and Germany accounting for €1.2bn.

More from Irish Examiner on Exports with the UK and to consult in depth findings of  the CSO's 'Goods Exports and Imports November 2022' can be found on their website here.

Published in Ports & Shipping

#RecordSurplus - A hike of 20% in exports to just over €111bn in 2015 boosted by the pharma and medical sectors, drove the trade surplus to a record level, writes The Irish Independent.

Preliminary figures from the Central Statistics Office showed that exports were €18.4bn higher than 2014. 

The figures also showed that the preliminary trade surplus for 2015 was €44bn, which is the largest surplus on record.

To read more click here.

Published in Ports & Shipping

Marine Science Perhaps it is the work of the Irish research vessel RV Celtic Explorer out in the Atlantic Ocean that best highlights the essential nature of marine research, development and sustainable management, through which Ireland is developing a strong and well-deserved reputation as an emerging centre of excellence. From Wavebob Ocean energy technology to aquaculture to weather buoys and oil exploration these pages document the work of Irish marine science and how Irish scientists have secured prominent roles in many European and international marine science bodies.

 

At A Glance – Ocean Facts

  • 71% of the earth’s surface is covered by the ocean
  • The ocean is responsible for the water cycle, which affects our weather
  • The ocean absorbs 30% of the carbon dioxide added to the atmosphere by human activity
  • The real map of Ireland has a seabed territory ten times the size of its land area
  • The ocean is the support system of our planet.
  • Over half of the oxygen we breathe was produced in the ocean
  • The global market for seaweed is valued at approximately €5.4 billion
  • · Coral reefs are among the oldest ecosystems in the world — at 230 million years
  • 1.9 million people live within 5km of the coast in Ireland
  • Ocean waters hold nearly 20 million tons of gold. If we could mine all of the gold from the ocean, we would have enough to give every person on earth 9lbs of the precious metal!
  • Aquaculture is the fastest growing food sector in the world – Ireland is ranked 7th largest aquaculture producer in the EU
  • The Atlantic Ocean is the second largest ocean in the world, covering 20% of the earth’s surface. Out of all the oceans, the Atlantic Ocean is the saltiest
  • The Pacific Ocean is the largest ocean in the world. It’s bigger than all the continents put together
  • Ireland is surrounded by some of the most productive fishing grounds in Europe, with Irish commercial fish landings worth around €200 million annually
  • 97% of the earth’s water is in the ocean
  • The ocean provides the greatest amount of the world’s protein consumed by humans
  • Plastic affects 700 species in the oceans from plankton to whales.
  • Only 10% of the oceans have been explored.
  • 8 million tonnes of plastic enter the ocean each year, equal to dumping a garbage truck of plastic into the ocean every minute.
  • 12 humans have walked on the moon but only 3 humans have been to the deepest part of the ocean.

(Ref: Marine Institute)

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