Thursday February 20, 2020

Ireland's top 150 homegrown exporters revealed

Sales to Britain fall as percentage of global total as other markets boom

4th October, 2016
Top of the heap: CRH chief executive Albert Manifold at the agm in the Royal Marine Hotel Dublin last year. Pic:RollingNews.ie

The Irish Exporters Association has named the top 150 exporters in Ireland by turnover.

The 'Born in Ireland' report, launched today in conjunction with Investec, identifies the top 150 indigenous Irish companies and also lists the top 20 overseas-owned FDI export companies. This chart lists the Irish companies in the top twenty:

CRH tops the list, followed by DCC, Irish Distillers Pernod Ricard and Smurfit Kappa.

Ryanair and Kerry Group come in in fifth and sixth position.

Key export sectors, which have been the most significant force behind the economic recovery in driving both growth and job creation, are reviewed in today's report.

IDA boss Martin Shanahan points out in the report that a key reason for foreign direct investment in Ireland is the ability to source talent as well as the ease of doing business here.

The agency estimates that for every ten jobs generated by foreign direct investment, a further seven are created in the wider economy, whether in construction, retail or hospitality.

Shanahan said overseas-owned companies also export very successfully from Ireland and this gives a broad base to Ireland’s export performance.

Exports to Britain, as a total percentage of global sales, fell from 45 per cent to 37 per cent in the ten years to 2015, due to significant increases in other markets.

The Irish food and drink sector recorded the sixth consecutive year of growth in exports during 2015 with beverages, beef and seafood performing best.

Weakening sterling, fears about global economic growth and the continued trade suspensions imposed by Russia are the challenges cited by An Bord Bia boss Aidan Cotter.

All of the top ten internet companies in the world are located in Ireland

Medical and pharmaceutical exports from Ireland were valued at €30 billion in 2015.

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