Irish food and drink exports fell 12% in 2009 to €7bn – - accounting for 4.5% of total exports from Ireland; Bord Bia predicts some recovery in 2010

Bord Bia, the Irish State foods and drinks export promotion agency, says in its Export Performance and Prospects report launched today, that  the value of Irish food and drink exports fell by 12 percent in 2009, or by just under €1 billion, to stand at €7.12 billion. The agency predicts some recovery in 2010. The sector exports last year, accounted for 4.5% of total Irish exports.

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1. Irish exports of food/ drink rose 11% in 2010 after 15% dip in 2009, 6.5% fall in 2008 — Exports amounted to 4.9% of total exports
2. Foreign-owned firms accounted for 91% of Ireland’s tradeable exports in 2009; Food & drink exports fell 15%
3. Irish food/ drinks exports rose 12% in 2011; Sector accounted for 5.3% of total exports
4. Enterprise Ireland says Irish Companies achieved €14bn of exports in 2010 – - 8.9% of total exports
5. Irish Exporters Association says exports in 2009 grew 1%; Forecasts growth of 2% in 2010; Eurozone Ireland’s main trading partner