Exports to the US jump ahead of pre-election trade mission

The pace of job creation in the multinational sector cooled in the first half of the year as the number of investment contracts into Ireland also fell, IDA’s annual results showed. Picture: David Creedon
Goods exports from the Republic to the US surged in the first five months, ahead of a trade mission to improve relationships between the two markets ahead of looming elections.
Figures from the Central Statistics Office (CSO) showed exports to the US grew by €6.2bn, up by 28% in the year to date when compared with the same period a year earlier, and were driven by output in the chemicals and related products sector.