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Enterprise Ireland-backed food and drink firms exported €15 billion worth of goods last year

Food and drink firms invested €166m in R&D in 2024

Enterprise Ireland-backed food and drinks companies invested €166m in research and development last year, according to the semi-State body.

Business • 18 Jun

Ahmad Younis, CEO of Arab Irish Chamber of Commerce, Enda Corneille, Chair of Arab Irish Chamber of Commerce and economist Jim Power, the report's author

Arab World identified as opportunity for Irish businesses

US President Donald Trump has secured a $600 billion commitment from Saudi Arabia to invest in the US - he is continuing his visit to the Middle East on his first diplomatic trip.

Business • 14 May

Joe Fernandez (Early Intervention Tools), Aideen Bodkin (StyleAI) and Aisling Browne (GlitchAds) at Enterprise Ireland's annual Start-Up Day Conference in Dublin

Enterprise Ireland invested €27.6m in 157 start-ups

Enterprise Ireland invested €27.6m in start-ups last year, up 15% compared to the amount invested in 2023.

Business • 07 May

Semiconductors are a booming industry - but both the US and EU want more of them made on their shores

Confusion more than fear over Trump's chip tariff plan

Donald Trump wants semiconductor companies to make more chips in the US - rather than Taiwan and Ireland - but few expect his tariffs plan will make that happen, writes Adam Maguire.

Business • 26 Apr

Pat Rigney said his company aimed to absorb some of the impact of US tariffs but it would ultimately have to increase prices there

Drinks firms face falling US sales despite EU tariff move

Irish drinks brands are facing falling sales in the US, according to a leading distiller, despite the sector likely dodging targetted tariffs.

Business • 09 Apr

US traders reacted with joy to reports of a 90 day tariffs pause - but that turned out to be untrue

False X post blamed for US markets' rollercoaster day

A false X post from an anonymous user has been blamed for a dramatic swing on US markets yesterday, which one investment strategist described as the most memorable day of trade in decades.

Clarity • 08 Apr

There aren't many US-made products on the shelves of Irish supermarkets - but tariffs could still push up consumer prices in a number of ways

Tariffs at the tills: How a trade war could hit prices

It is unclear the extent to which consumers will be impacted by US-EU tariffs, but what is clear is that they will not escape unscathed, writes Adam Maguire.

Business • 06 Apr

Ireland and the EU will not know the full extent of the trade tariffs until April 2

Irish businesses urged to lobby EU over tariffs

Customs advisor BDO is urging businesses that export to the US to lobby the EU to get their products removed from tariff lists.

Business • 19 Mar

European Central Bank President Christine Lagarde

Trade, defence shocks risk amplifying inflation - Lagarde

The euro zone economy is facing exceptional shocks from trade, defence and climate issues, possibly amplifying inflation volatility and raising the risk that price growth becomes more persistent, ECB President Christine Lagarde said today.

Business • 12 Mar

The US has not yet raised tariffs on EU goods - but companies here are still going to be impacted by its trade policies

Irish firms impacted by US tariffs on Canada, Mexico

Ireland will feel the effects of US tariffs - even before they are imposed on European Union goods, according to a trade expert.

Business • 06 Mar

US goods trade gap widens in November

The US goods trade deficit widened more than expected in November on a rebound in imports, clouding the picture over whether trade might add to economic growth this quarter for the first time in a year.

Business • 27 Dec 24

Ngozi Okonjo-Iweala has been reappointed as WTO chief for a second term

WTO chief reappointed for 2nd term as Trump threat looms

WTO chief Ngozi Okonjo-Iweala has been reappointed for a second term at a special meeting today, the trade watchdog said in a statement, meaning she will stay at the helm until mid-2029.

Business • 29 Nov 24

Ireland and the United States have a trade and investment relationship of more than $1 trillion

How could the US election affect business in Ireland?

The election of the 47th President of the United States will have ramifications for the global economy, but particularly Ireland.

Business • 27 Oct 24

Britain has repeatedly delayed the introduction of physical checks on 'medium risk' fruit and vegetables

Britain again delays Brexit checks on some fruit and veg

Britain has delayed implementing post-Brexit physical checks on so-called "medium risk" fruit and vegetables imported from the European Union for a further six months, the country's Department for Environment, Food and Rural Affairs (Defra) has said.

Business • 13 Sep 24

The European Commission plans to add import duties onto Chinese electric vehicles over claims they benefit from state subsidies

China 'disappointed' by Europe's rejection of EV proposal

China said it was "deeply disappointed" with the European Commission's decision to reject a minimum import price proposal aimed at warding off tariffs on Chinese electric vehicles.

Business • 13 Sep 24

China is to investigate dairy subsidy schemes in a number of EU countries, which is seen as retaliation for Europe's planned tariffs on Chinese cars

Europe vows to defend dairy in face of Chinese probe

The European Commission has vowed to stand up for Europe's dairy sector, a day after it was targeted in the latest anti-subsidy investigation by Beijing.

Business • 22 Aug 24

Irish politicians have been vocal on the international stage in calling for a ceasefire in Gaza.

Israel warns Ireland over calls to break trade links

The Embassy of Israel to Ireland has warned that calls to break trade links between Ireland and Israel fail to consider the impact on Irish businesses, "as well as any possible reciprocal measures that might be implemented as a result".

Business • 03 Apr 24

Medical and pharmaceutical products represented 48% of Ireland's total exports in January

Irish exports jump 22% as pharmaceuticals rebound - CSO

Irish exports jumped 22% in January when compared to the same month of 2023, according to the Central Statistics Office.

Business • 15 Mar 24

Duties on New Zealand beef - as well as other products - will be cut under the trade deal

Brussels gives green light to EU-New Zealand trade deal

Brussels has given the final green light for an EU-New Zealand trade deal that, while mutually lowering barriers for both markets, highlights the recent failure of EU-Australia negotiations.

Business • 27 Nov 23

Rosslare bucked the otherwise downward trend in RoRo traffic

Inflation leads to fall in goods volumes at Irish ports

The rising cost of living stifled the volume of goods passing through Irish ports during the first six months of the year.

Business • 31 Aug 23

Simon Coveney said there must be a level playing field on trade with China (File image)

Minister urges level playing field on trade with China

The Minister for Enterprise, Trade and Employment has said Irish companies operating in, and exporting to China must be treated fairly.

Ireland • 25 May 23

Exports dropped 3% or €514m compared with February

Value of imports into Ireland dropped 20% in March

The value of imports into the country fell by 20% in March, compared to the previous month, driven in part by the falling cost of energy.

Business • 17 May 23

Department of Enterprise, Trade and Employment Secretary General, Dr Orlaigh Quinn

Ireland set to break €100bn trade target with Asia

Ireland is on course to break a €100 billion trade target with Asia by 2025.

Business • 17 May 23

There was a 24% jump in exports to Great Britain in February

Value of exports from Ireland rose 10% in February

The value of goods exported from the country rose by 10% in February compared to the previous month according to new data from the Central Statistics Office.

Business • 18 Apr 23

Irish firms could use their expertise to help develop South Africa's economy, according to Business Ireland South Africa

South African trade mission to boost links with Ireland

There is significant potential to boost trade Irish-South African trade in the coming years, according to the body focused on business links between the two countries.

Business • 04 Nov 22