Ireland’s ICT trade is driven by strong exports of ICT goods and services, led by foreign-owned multinational companies, leveraging Ireland’s role as a global value chain hub.
- In 2022, Ireland’s ICT goods exports were valued at $18.8 billion, accounting for 8.59% of total goods exports, nearly a triple of the value a decade earlier, in 2012. || Source: CEIC Data
+ Furthermore, ICT goods imports accounted for 11% of total imports in 2022, rising from 7.5% in 2017, but still below the global average of 12.8%. || Source: Trading Economics - ICT services exports reached €172.9 billion in 2021, representing 59% of service exports, a 28.8% year-over-year increase, with key partners including the US, UK, Germany, and the Netherlands. || Source: Central Statistics Office
+ Foreign-owned MNEs dominate Ireland’s ICT sector, exporting 89.5% of ICT output. These firms account for 94.2% of ICT-related imports and 97.8% of ICT-related exports, leveraging Ireland as a global value chain hub. || Source: Central Bank of Ireland - Notably, North America was Ireland’s largest market for ICT services imports in 2023, with a 56.7% share, followed by Europe at just over 20%. In contrast, Asia accounted for less than 6%.
