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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

Naval Visits focuses on forthcoming courtesy visits by foreign navies from our nearest neighbours, to navies from European Union and perhaps even those navies from far-flung distant shores.

In covering these Naval Visits, the range of nationality arising from these vessels can also be broad in terms of the variety of ships docking in our ports.

The list of naval ship types is long and they perform many tasks. These naval ships can include coastal patrol vessels, mine-sweepers, mine-hunters, frigates, destroyers, amphibious dock-landing vessels, helicopter-carriers, submarine support ships and the rarer sighting of submarines.

When Naval Visits are made, it is those that are open to the public to come on board, provide an excellent opportunity to demonstrate up close and personal, what these look like and what they can do and a chance to discuss with the crew.

It can make even more interesting for visitors when a flotilla arrives, particularly comprising an international fleet, adding to the sense of curiosity and adding a greater mix to the type of vessels boarded.

All of this makes Naval Visits a fascinating and intriguing insight into the role of navies from abroad, as they spend time in our ports, mostly for a weekend-long call, having completed exercises at sea.

These naval exercises can involve joint co-operation between other naval fleets off Ireland, in the approaches of the Atlantic, and way offshore of the coasts of western European countries.

In certain circumstances, Naval Visits involve vessels which are making repositioning voyages over long distances between continents, having completed a tour of duty in zones of conflict.

Joint naval fleet exercises bring an increased integration of navies within Europe and beyond. These exercises improve greater co-operation at EU level but also internationally, not just on a political front, but these exercises enable shared training skills in carrying out naval skills and also knowledge.

Naval Visits are also reciprocal, in that the Irish Naval Service, has over the decades, visited major gatherings overseas, while also carrying out specific operations on many fronts.

Ireland can, therefore, be represented through these ships that also act as floating ambassadorial platforms, supporting our national interests.

These interests are not exclusively political in terms of foreign policy, through humanitarian commitments, but are also to assist existing trade and tourism links and also develop further.

Equally important is our relationship with the Irish diaspora, and to share this sense of identity with the rest of the World.