{"id":286911,"date":"2026-01-16T04:01:10","date_gmt":"2026-01-16T04:01:10","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/286911\/"},"modified":"2026-01-16T04:01:10","modified_gmt":"2026-01-16T04:01:10","slug":"irish-exports-to-the-us-more-than-halved-in-november-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/286911\/","title":{"rendered":"Irish exports to the US \u2018more than halved\u2019 in November \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">Irish exports to the US \u201cmore than halved\u201d in November as the total value of exports decreased by 17 per cent in the month, according to new data.<\/p>\n<p class=\"c-paragraph paywall \">The value of export goods in November fell by \u20ac3.5 billion, a 17.1 per cent decline to \u20ac17.1 billion in the same period of 2024, when it stood at \u20ac20.7 billion, according to data from the <a href=\"https:\/\/www.irishtimes.com\/tags\/central-statistics-office\/\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/central-statistics-office\/\" target=\"_blank\">Central Statistics Office<\/a> (CSO).<\/p>\n<p class=\"c-paragraph paywall \">However, the total exports over the first eleven months of the year stood at \u20ac245.4 billion \u2013 an increase of \u20ac37.4 billion, or 18 per cent, against the same period in 2024.<\/p>\n<p class=\"c-paragraph paywall \">A big proportion of Irish companies front-loaded their exports in order to avoid the impact from the introduction of US import tariffs in April on \u2018Liberation Day\u2019 which has altered the spread of exports through the year in comparison to previous years.<\/p>\n<p class=\"c-paragraph paywall \">Jane Burmanje, a trade statistician in the CSO\u2019s goods division, said exports to the US had \u201cmore than halved over this period\u201d<\/p>\n<p class=\"c-paragraph paywall \">US-bound exports fell by \u20ac4.1 billion to \u20ac3.9 billion in November \u2013 a 51.0 per cent decline on the same month last year, when Ireland saw \u20ac8.0 billion in US exports.<\/p>\n<p class=\"c-paragraph paywall \">The State\u2019s largest export sector, pharmaceuticals also registered a decline in November, falling by more than a third from \u20ac11 billion last year to \u20ac7.3 billion in the month. The sector represented 42.3 per cent of all Irish exports during November.<\/p>\n<p class=\"c-paragraph paywall \">Irish imports remained constant year on year, standing at \u20ac2.31 billion in November 2025 against \u20ac2.32 billion during the same month the previous year. Still, imports were down for the first 11 months of the year from \u20ac27.83 billion to \u20ac24.93 billion.<\/p>\n<p class=\"c-paragraph paywall \">\u201cOverall, our export and import of goods figures in November reveal a decline compared to the same month last year, led by a notable fall in US pharma exports,\u201d said Kate English, the chief economist at Deloitte Ireland.<\/p>\n<p class=\"c-paragraph paywall \">She said November\u2019s data follows a trend of \u201cmonthly volatility\u201d, urging care in assessing export data on a monthly basis in isolation and noted that pharmaceutical products are continuing to have a significant impact on the State\u2019s export performance.<\/p>\n<p class=\"c-paragraph paywall \">\u201cMoving away from monthly trends, in the 11 months to November, exports remain 18% higher than the same period in 2024. Front loading of exports to the US in the first half of 2025 was the large driver.\u201d<\/p>\n<p class=\"c-paragraph paywall \">As a forecast, Ms English expects an \u201celement of volatility to remain in our export data, particular in high value sectors such as pharmaceuticals\u201d.<\/p>\n<p class=\"c-paragraph paywall \">\u201cThe extent of this volatility will be decided by policy changes both in Ireland and in the US, and any change in firm behaviour following these changes,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"Irish exports to the US \u201cmore than halved\u201d in November as the total value of exports decreased by&hellip;\n","protected":false},"author":2,"featured_media":286912,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,1412,179,18,19,17,2554,107],"class_list":{"0":"post-286911","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-central-statistics-office","10":"tag-economy","11":"tag-eire","12":"tag-ie","13":"tag-ireland","14":"tag-pharma","15":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115902787325166285","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/286911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=286911"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/286911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/286912"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=286911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=286911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=286911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}