Exports from Ireland grew 2.5 percent from a year earlier to EUR 11.82 billion in August 2019, driven by shipments of medical and pharmaceutical products (15 percent); electrical machinery, apparatus and appliances (64 percent) and food & live animals (12 percent). However, sales went down for organic chemicals (-31 percent). The EU accounted for 5.21 billion, or 44 percent, of total goods exports of which EUR 1.05 billion rose to Germany and EUR 0.76 billion went up to Belgium. Total EU exports decreased by EUR 0.87 billion, or 14 percent, compared with August 2018. Shipments to Great Britain fell by EUR 44 million, or 4 percent, to EUR 1.09 billion. The US was the main non-EU destination accounting for EUR 4.01 billion, or 34 percent, of total exports. Exports in Ireland averaged 4065351.02 EUR Thousand from 1970 until 2019, reaching an all time high of 13776800 EUR Thousand in May of 2019 and a record low of 44885 EUR Thousand in August of 1970.
Exports in Ireland is expected to be 11500000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Ireland to stand at 11700000.00 in 12 months time. In the long-term, the Ireland Exports is projected to trend around 12500000.00 EUR Thousand in 2020, according to our econometric models.