Irish exports to US jump by 81% in January - CSO

Carol Lynch, Partner & Head of Customs and International Trade Services, was featured in RTÉ with her commentary on latest update from CSO.

Read Carol's full commentary

There was an 81% surge in Irish exports to the US in January compared with the same month a year earlier, according to the Central Statistics Office.

The US was the country's largest goods export market in January, likely driven by companies seeking to export ahead of potential tariffs on EU products.

Interestingly, imports from the US have also risen, most likely reflecting anticipation of EU tariffs on American products, Carol added.

 

Those exporting to the US market, in particular, should immediately reassess their strategies to mitigate risks and capitalise on opportunities in the changing landscape.