Foods For Trade

Ireland


Economy Overview
Ireland
Ireland is a small, modern, trade-dependent economy with growth averaging a robust 7% in 1995-2004. Agriculture, once the most important sector, is now dwarfed by industry and services. Industry accounts for 46% of GDP, about 80% of exports, and 29% of the labor force. Although exports remain the primary engine for Ireland's growth, the economy has also benefited from a rise in consumer spending, construction, and business investment. Per capita GDP is 10% above that of the four big European economies and the second highest in the EU behind Luxembourg. Over the past decade, the Irish Government has implemented a series of national economic programs designed to curb price and wage inflation, reduce government spending, increase labor force skills, and promote foreign investment. Ireland joined in circulating the euro on 1 January 2002 along with 11 other EU nations.

Economy Statistics
Economy Statistics
Exports: $103.8 billion f.o.b. (2004 est.) [?]
Export
Commodities:
machinery and equipment, computers, chemicals, pharmaceuticals; live animals, animal products [?]
Export
Partners:
US 19.7%, UK 17.7%, Belgium 14.7%, Germany 7.7%, France 6%, Netherlands 4.6%, Italy 4.5% (2004) [?]
Imports: $60.65 billion f.o.b. (2004 est.) [?]
Import
Commodities:
data processing equipment, other machinery and equipment, chemicals, petroleum and petroleum products, textiles, clothing [?]
Import
Partners:
UK 35.6%, US 13.8%, Germany 8.9%, Netherlands 4.3%, France 4.2% (2004) [?]

Company Browser

Chambers of Commerce of Ireland
Address: 17 Merrion Square
Dublin 2
Phone: +353 1 6612888
Fax: +353 1 6612811
Website: http://www.chambers.ie/



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