Irish-owned companies were hardest-hit, with sales declining by 13.1 per cent, while multinationals saw a sales dip of 7.2 per cent.
Exports from Irish-owned companies moved in line with sales for the manufacturing sectors, falling by 13.7 per cent. However, the services sector continued to grow exports in 2009 by more than 7 per cent.
Manufacturing exports from foreign-owned firms fell by 9.9 per cent, while services exports experienced a smaller decline, dropping by 4.1 per cent.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team