Irish Food Trade What is Foreign Trade Foreign

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Irish Food Trade

Irish Food Trade

What is Foreign Trade? �Foreign trade is the sale of products and services from

What is Foreign Trade? �Foreign trade is the sale of products and services from one country to another. �It consists of importing and exporting: �Importing: The purchase of goods and services from other countries for sale in Ireland. �Exporting: When Irish goods and services are sold to other countries.

Why do we Import Food? �We do not have a suitable climate to grow

Why do we Import Food? �We do not have a suitable climate to grow certain foods, E. g. bananas, oranges, coffee �The Irish consumer wants variety. �Skills and tradition that are needed to produce certain goods are only available in certain countries, so if we want these goods we must import them, E. g. French wine, tea

Why do we Export Food? �Ireland needs to export goods in order to bring

Why do we Export Food? �Ireland needs to export goods in order to bring foreign currency into the country. This currency is used to pay for imports. �Some countries are unable to produce large quantities of food products because their land or climate is unsuitable. This is not so in Ireland so we export to these countries. �To increase the profit and sales of Irish companies.

Irish Dairy Exports Value: € 3. 06 billion Top 5 exports to: U. K.

Irish Dairy Exports Value: € 3. 06 billion Top 5 exports to: U. K. China Germany Netherlands USA Facts: Ireland supplies 10% of the global infant milk formula despite only having 1% of global milk production.

Irish Horticulture Exports Value: € 230 million Definition: The export of fruit, vegetables and

Irish Horticulture Exports Value: € 230 million Definition: The export of fruit, vegetables and plants Facts: � 50% of our horticulture exports are mushrooms. �In 2013, 600, 000 Christmas trees were harvested in Ireland, 200, 000 of these were exported. � 92% of horticulture exports were to the U. K.

Irish Beverage Exports Value: € 1. 2 billion Facts: � 60% rise in exports

Irish Beverage Exports Value: € 1. 2 billion Facts: � 60% rise in exports since 2009. �Irish whiskey is the fastest growing spirit in the world with 7 million cases exported annually. �Alcohol account for 75% of beverage exports. �Water accounts for 10% of beverage exports. �We export beverages to 125 countries.

Irish Meat and Livestock Exports Value: € 3. 9 billion Facts: �This accounts for

Irish Meat and Livestock Exports Value: € 3. 9 billion Facts: �This accounts for 35% of all food and drink exports. � 65, 000 tonnes of pig meat exported annually. �Irish beef is stocked in 82 supermarket chains across Europe. �Poultry exports have increased by 20% percent since 2013.

Irish Prepared Foods Exports Value: € 1. 8 billion Definition: Prepared foods include baked

Irish Prepared Foods Exports Value: € 1. 8 billion Definition: Prepared foods include baked goods, confectionary, snacks, chilled food, ready meals and cooked meats. Facts: � 11% of exported prepared foods is chocolate. �Prepared foods exports to Poland have increased by 60% since 2012.

Irish Seafood Exports Value: € 540 million Facts: � 70% rise in value of

Irish Seafood Exports Value: € 540 million Facts: � 70% rise in value of seafood exports since 2009. � 60% of all seafood is to EU market. � 11, 000 employed by seafood sector. �Ireland is the leader in organic aquaculture, producing 20, 000 tonnes of organic salmon and mussels annually.

Annual Food Export Breakdown Dairy Beverages Meat and Livestock Prepared foods Fish Horticulture

Annual Food Export Breakdown Dairy Beverages Meat and Livestock Prepared foods Fish Horticulture

Irish Food Imports � 3. 5 million tonnes of the food we consume each

Irish Food Imports � 3. 5 million tonnes of the food we consume each year originates somewhere else. That means half the annual consumer spend on food and drink is on foreign products. �Food imports to Ireland soared by 50% between 2002 and 2007

Value of Irish Imports �Irish annual imports include: �€ 157 m worth of beef

Value of Irish Imports �Irish annual imports include: �€ 157 m worth of beef �€ 478 m worth of dairy products � 124, 250 tonnes of potatoes, worth € 75 m �€ 799 m worth of cereals �€ 958 m worth of fruit and veg �€ 282 m worth of poultry �€ 711 m worth of drinks � 13 m tonnes of bananas

Are we Really Eating Irish Food? � 80% of people who buy imported food

Are we Really Eating Irish Food? � 80% of people who buy imported food believe it is made here. �Companies use clever marketing such as "Ireland's favourite" can hide the fact that an item is imported. �The average person eats € 1, 000 worth of imported products annually.

Famous Irish Food Products Produced in Ireland � Barry's tea � Cadbury chocolate �

Famous Irish Food Products Produced in Ireland � Barry's tea � Cadbury chocolate � Club orange � Batchelor's � Cidona � Flahvans � Brennan's bread � Denny � Tic Tacs � Tayto Crisps Produced abroad � Lyons tea � Charleville Cheese � Erin packet soup � Heinz � HB ice-cream � Jacobs biscuits � Cully and Sully Soup � Fruitfield Old Time Irish marmalade � Boyne Valley Honey

Food Brands Produced Here

Food Brands Produced Here

Food Brands Produced Abroad

Food Brands Produced Abroad

Irish Food Imports vs Exports 2014 (€ billion) 12 10 8 6 4 2

Irish Food Imports vs Exports 2014 (€ billion) 12 10 8 6 4 2 0 Imports Exports

Import Substitution �Import substitution is the purchase of Irish made goods instead of foreign

Import Substitution �Import substitution is the purchase of Irish made goods instead of foreign imports. �This will result in: �A decreased amount of food imported �An increase in profits for Irish food firms �The creation of more jobs for Irish people