Record €16.2 billion exports from Enterprise Ireland client companies in 2012

19th April, 2013

 

Manufacturing companies and North American Market
lead the way for export growth in 2012

Enterprise Ireland client companies achieved record
exports in 2012 breaking the €16bn for the first time, up from €15.2bn in 2011.
Greatest wins came from sectors such as Engineering, Software, Internationally
Traded Services and Medical Devices, while the outstanding geographical
performance came from USA, Asia Pacific and South America.

The announcement was made today (Friday) by
Enterprise Ireland’s CEO, Frank Ryan, at an event hosted by the Minister for
Jobs, Enterprise and Innovation, Richard Bruton T.D. in his Department in the
presence of Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore,
T.D. and John Perry T.D., Minister for Small Business. 


Throughout the year Irish companies
continued to broaden their export footprint and increase their sales, in the
face of increasing challenges across all global markets. The world economy is
predicted to grow moderately (3.3%) in 2013 (Source: IMF April 2013) and the
strong performance by Irish companies over the past year puts them in a very
healthy position to capitalise on this growth.  Enterprise Ireland is increasing
its activities to support clients win new export business and build
international networks and partnerships.  2013 will see a record number of
ministerial-led trade missions with an increased focus on high growth economies
in Asia, South America and the Middle East.  This will be backed up a wide range
of inward buyer visits, study visits, trade fairs, Embassy events and knowledge
seminars, all aimed at linking Irish companies to international buyers, leading
to increased exports and jobs for Ireland.


Making the announcement, Frank Ryan, CEO, Enterprise
Ireland said:”In Enterprise Ireland we are proud of the companies we work with
and their tremendous achievement in continuing to increase export sales. These
companies are responsible for 300,000 jobs and spend over €18bn in the Irish
economy each year by winning business all over the world. It is especially
encouraging to see significant gains in established markets like North America,
the High Growth Economies of Asia Pacific and record performances from advanced
engineering, software and medical device sectors”.

Commenting on the results Minister Bruton said:
“Dynamic and innovative Irish companies are central to the Government’s Action
Plan for Jobs and these results today confirm that they are continuing to
deliver for the Irish economy. Exports create jobs and the record figures
announced here today are very promising for employment growth over the coming
years. I congratulate all Irish exporters on this performance and credit also to
Frank and his team at Enterprise Ireland”

The Tánaiste added: “Developing new business in High
Growth Economies while also remaining strong in our core markets is vital for
the recovery of the Irish economy.  Enterprise Ireland clients have demonstrated
tremendous resilience in winning record sales in these markets. I witnessed this
myself when leading the Enterprise Ireland Trade Mission to Turkey within the
past fortnight and I look forward to continue working with them on trade
missions and key international activities in 2013 and beyond”.