16 Nov 2011
STRONG AGRI-FOOD EXPORT PERFORMANCE UNDERPINNING DOMESTIC ECONOMIC ACTIVITYUncategorized
IFA President John Bryan said the strong performance of agri-food exports in today’s CSO trade figures for the first eight months of 2011 is further evidence of the contribution the sector is making to economic recovery.
“Compared to the same period last year (Jan-Aug), the agri-food sector has delivered an increase of almost 15% in the value of exports. In particular, there has been a very impressive performance on the dairy side, with exports of dairy products rising by 32%. The agri-food figures are notable as overall exports are up 4%.”
John Bryan said the Government must continue to support primary production, and ensure that forthcoming decisions in Budget 2012 maintain confidence in the farming sector at this time. “Farm schemes are very important in driving output at farm level, which in turn generates economic activity in every region and is vital to the rural economy.”
The IFA President said, “The growth in agri-food exports in the last year has played a significant part in achieving the trade surplus of €4.1bn. For the sector to drive on and reach the targets set out in <i>Food Harvest</i> 2020, the correct conditions must be maintained.”