Exports from Ireland jumped 17.9 percent from the previous year to an all-time high of 12.79 billion in November of 2018, boosted by higher sales of chemicals and related products (28.4 percent), led by medical and pharmaceutical products (31.3 percent) and organic chemicals (27.9 percent). In addition, exports rose for machinery and transport equipment (4.7 percent) and miscellaneous manufactured articles (10.4 percent). Shipments to the EU grew 21.2 percent to EUR 6.28 billion, representing 49.1 percent of total exports, of which EUR 1.51 went to Belgium and EUR 1.33 billion to Great Britain. The US was the largest non-EU destination accounting for EUR 3.86 billion, or 30.1 percent of total exports. Exports in Ireland averaged 3932687.06 EUR Thousand from 1970 until 2018, reaching an all time high of 12786000 EUR Thousand in November of 2018 and a record low of 44885 EUR Thousand in August of 1970.
Exports in Ireland is expected to be 13600000.00 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 11800000.00 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.