Exports growth 'slowing down'

Exports growth 'slowing down'

Irish export growth will slow down significantly this year, according to the Irish Exporters Association.

The deceleration is being blamed on economic turmoil and a return to recession in the Eurozone.

According to the IEA, export of goods and services grew by just 3.6% in the first quarter of the year, well below the level required to generate job growth.

IEA chief executive John Whelan said there was opportunity for exporters to expand the market for our goods and services in other continents. He said we should "drive a lot more exports into Asia and Africa…We're looking at 6% to 8% growth in those markets."

He said those markets were "difficult to get into".

"The State needs to support exporters to get into those markets," he said.

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