Exports from Ireland jumped 19 percent from a year earlier to EUR 13.18 billion in July 2019, boosted by sales of medical and pharmaceutical products (18 percent), organic chemicals (35 percent), electrical machinery and equipment (70 percent), and office machinery and automatic data processing machines (49 percent). The EU accounted for EUR 6.52 billion, or 50 percent, of total goods exports of which EUR 1.45 billion went to Belgium and EUR 1.37 billion was exported to Germany. Total EU exports increased by EUR 895 million, or 16 percent, compared with July 2018. Exports to Great Britain decreased by EUR 66 million, or 6 percent, to EUR 1.11 billion. The US was the main non-EU destination accounting for EUR 4.05 billion, or 31 percent, of total exports. Exports in Ireland averaged 4051426.39 EUR Thousand from 1970 until 2019, reaching an all time high of 13791400 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 11900000.00 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 13200000.00 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.