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Imports from UK to surge in the next 10 years

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The value of imports into Ireland from the UK will grow by 66% in the next 10 years, adding a further €26bn to the overall level of imports which currently stands at a record-high of €40bn, a recently published forecast suggests.

Ireland will remain the UK’s fifth largest trading partner and biggest per capita, according to the findings of Barclays’s Trade Forecast.

Ireland is home to many multinational companies such as Dell, which provide demand for many service-related sectors, which is a key growth area for UK exports.