Exports from Ireland jumped 21 percent from a year earlier to EUR 12.61 billion in February 2019, boosted by sales of organic chemicals (68 percent), medical and pharmaceutical products (9 percent), electrical machinery, apparatus and appliances (32 percent), and office machinery and automatic data processing machines (35 percent). The EU accounted for EUR 63.10 billion, or 48 percent, of total goods exports of which EUR 1.63 billion went to Belgium and EUR 0.94 billion went to Germany. Exports to the EU advanced 12 percent year-on-year and those to Great Britain increased 16 percent to EUR 1.22 billion, accounting for 10 percent of total exports. The US was the main non-EU destination accounting for EUR 3.72 billion, or 29 percent, of total exports. Exports in Ireland averaged 3978105.09 EUR Thousand from 1970 until 2019, reaching an all time high of 13698900 EUR Thousand in January of 2019 and a record low of 44885 EUR Thousand in August of 1970.
Exports in Ireland is expected to be 12700000.00 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 13800000.00 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.