‘Golden period’ for Irish exporters

Goods exports fell in August, but a trade expert has said that an exceptional “golden period” for Irish exporters is set to continue through 2016.

The CSO figures showed exports on a seasonally- adjusted basis fell to €8.66bn in August, down from €8.78bn in the previous month and marking their lowest level since January. However, exports are still higher than the €8.38bn level reached in August 2014.

Unadjusted figures show that goods exports of medical and pharmaceutical products surged 39% since August 2014, but that exports of organic chemicals fell by 23%, while machinery and transport equipment export were also down in the year, by 16%.