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Irish exports rise

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Irish goods exports has risen by 8 per cent in value to €122 billion so far this year. This was led by exports of medical and pharmaceutical products, which have risen as a result of the Covid-19 pandemic.
Exports for September fell by 5 per cent to €13.7 billion, while imports fell by 8 per cent to €6.2 billion.

Exports of medical and pharmaceutical products increased 17 per cent in September, accounting for 40 per cent of the total value of exports.

The Republic of Ireland is a global hub for pharma and medtech, being the base for 24 of the top 25 biggest players. The companies have been increasing production to meet soaring demand for medicines and products connected with the treatment of coronavirus.

The main change in imports was a fall of 57 per cent of transport equipment, including aircraft. As the Brexit deadline approaches, exports to Britain decreased by 2 per cent.