Irish exports up 47% in first five months of 2025 as US stockpiling drives surge in trade 

CSO figures show exports of medical and pharmaceutical products rose by almost 74% in May, totalling €13.7bn

Year-to-date, exports of goods to the US increased by 153% to €70.8bn compared with the same period last year. Picture: Larry Cummins

Irish exports in the first five months of 2025 have grown by almost 47% compared to the same period last year, with the continued stockpiling of goods in the US following US President Donald Trump's 'Liberation Day' tariff announcement underpinning another surge in May.

New figures released by the Central Statistics Office (CSO) on Thursday found that the value of goods exports rose to €134.4bn between January and May, up by almost €43bn compared to the same five months of 2024.