Ireland ‘over-performs’ in drink exports

Exporting beverages is more valuable to the Irish economy than pharmaceuticals, research carried out by the Drinks Industry Group of Ireland claims.

The research into beverage exports from 2001-2011 found that every €100 of beverages exported is worth the same as €625 worth of pharmaceutical exports to the national economy.

As the drinks industry relies on domestically produced raw materials including malted barley, cereals, milk, apples and services, DIGI calculated it contributes to the Irish economy more per euro exported than similar sized industries.