Written answers

Tuesday, 29 July 2025

Department of Enterprise, Trade and Employment

Trade Data

Photo of Aindrias MoynihanAindrias Moynihan (Cork North-West, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

873. To ask the Minister for Enterprise, Trade and Employment the level of exports to the US by Enterprise Ireland-backed companies in 2024; the expected level of exports to the US by Enterprise Ireland-backed companies for 2025; and if he will make a statement on the matter. [40941/25]

Photo of Alan DillonAlan Dillon (Mayo, Fine Gael)
Link to this: Individually | In context | Oireachtas source

In 2024, Enterprise Ireland-supported companies achieved exports of €6.6 billion to the USA, up 8% on 2023. The USA is the third largest export territory for Enterprise Ireland clients, after Europe (€10.63bn exports) and the UK (€10.52bn exports). Client exports to the USA, equate to 18% of total exports. The export figures for EI clients for 2025 will not be available until 2026.

The Government, through Enterprise Ireland, stands ready to support Irish exporters through its current range of supports and our focus is on assisting businesses in developing a response to trade tariffs. Enterprise Ireland has run, in partnership with international trade experts, briefing webinars and roundtable events in relevant areas including preparing for customs and tariffs, developing mitigation strategies, financial management (including currency management), supply chain strategies, and how to protect exports.

My Department provides funding for dedicated schemes and grants, including a strategic consultancy grant for expert advice to support SMEs to internationalise. Enterprise Ireland have an existing market discovery fund already open and I will be pro-actively engaging with businesses to make them aware of these supports and ensure they are accessed at scale.

Additional supports include funding of up to €5,000 under the Access Advice scheme for expert input on areas such as customs, supply chain, finance, and strategy, and up to €35,000 through the Strategic Consultancy Grant to engage external consultants for strategic development. Enterprise Ireland also provide supports to help companies strengthen resilience through innovation and competitiveness. These include the Digital Process Innovation grant, the Research, Development and Innovation Fund, and Productivity and Lean programmes.

My Department will continue to work closely with the enterprise agencies to ensure that SMEs as the backbone of our economy have the tools, resources, and strategic support they need to succeed in a challenging and competitive global environment.

Comments

No comments

Log in or join to post a public comment.