Irish companies can unlock opportunities in the eurozone
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Loading... - Gregory Andina
- 02 May 2023
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The eurozone is one of the world’s largest economic regions and offers extraordinary opportunities for Irish enterprise and Irish business owners. It is a journey you don’t have to make alone.
Enterprise Ireland recently published new export results which showed that exports by companies it supports increased by 19pc in 2022 to a record €32.1bn, the highest ever level of growth in terms of export value.
Exports to the eurozone were particularly positive as they increased by an unprecedented 28pc, reaching €7.9bn, and the eurozone now accounts for one quarter of all exports from Irish companies supported by our organisation.
These figures, building on strong growth over the last 5 years, are evidence of the real opportunities Irish businesses are unlocking.
Food and high-tech construction exports are particularly strong for Irish companies at the moment. However, all sectors are delivering double digit growth and we are only starting to unlock the potential, so if you are a new exporter or have never exported to the eurozone, now might be the right time to consider your first step into Europe.
The eurozone hasn’t typically been the first port of call for Irish companies on their exporting journey. The different languages, cultures and market characteristics across the 19 other markets can be perceived as barriers. However, these are all very addressable. Read More…
