Pandemic-led pharmaceutical sales drive €2bn jump in Irish export value

The value of medical and pharmaceutical product exports increased by just under €3bn, or 74%, year-on-year, in November to over €6.9bn.

Medical and pharma exports drove a surge in Irish export value in November, the CSO said.

The pharmaceutical sector drove a 17% surge in the value of Irish goods exports in November, CSO figures show, once again highlighting Ireland’s vulnerable reliance on the tech and pharma-heavy multinational sector.

In total, Irish export value jumped €2.1bn to just under €14.5bn in November, with a surge in exports of medical and pharmaceutical products during the Covid pandemic accounting for nearly half of that value.