Vietnam set to be in focus as Irish exporters look east

Vietnam is expected to be the fastest-growing destination for Irish exporters in the next decade — closely followed by China, India and Malaysia — as companies continue to look east to boost trade levels, a new survey has found.

On a combined basis, those three countries are expected to account for around 40% of the total growth in Irish merchandise exports, HSBC has said.

In its latest Irish trade forecast, HSBC said despite the economic uncertainty opposed by Brexit, the UK will “most likely” remain Ireland’s second largest merchandise export destination up to 2030.