Monthly Export Figures Down 26% in June

Ireland’s Exports to US Plunge After Tariff-Induced Surge

Exports from Ireland to the US sank by 23%, suggesting multinational companies shifted course after a jump in shipments before the announcement of tariffs earlier in the year.

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Monthly export figures down 26% in June

New figures from the Central Statistics Office show that on a monthly basis, the value of exports fell sharply in June, down 26.3% from May as exports to the US slowed significantly.

Exports rise 4.8% year-on-year despite massive monthly decrease

The value of Irish exports plummeted by 26.3% between June, and May, the latest figures from the Central Statistics Office (CSO) show. Exports to the US dropped by 59.6% in June to €4.4 bn compared with €10.8 bn in May. The big significant fall off had been expected as companies stocked up ahead of the introduction of tariffs. On an annual basis, exports to the US fell by 23.4% to €4.4 bn in June compared with the June 2024 figure of €5.7 bn. Th…