Inflation drives up value of Irish food and drink exports to reach record high of €16.7bn, new report shows

The Bord Bia report highlighted that the UK remains the largest single country market for Irish food and drink exports

Dairy remains the largest element within Irish food and drink exports, with over 1.7m tonnes of product shipped to over 130 markets worldwide.

The value of Irish food and drink exports climbed 22% last year to reach a record high of €16.7bn, amid a “challenging” trading environment.

The significant growth in food and drink exports, which climbed 30% on pre-pandemic levels, can be attributed to both increasing unit prices, due to inflation and rising input and operational costs, and an increase in the volume of goods exported, according to a new report.