Viagra and Munjaro panic may be behind an increase in exports of 200% from Ireland to the United States
The share of Ireland American international companies is likely to be back from exports from the US, as companies such as Pfizer and Eli Lilly Rselus to send their Viagra and Mounjaro (Zepbound) to the states before the tariff.
According to data published on Tuesday on Tuesday (CSO), the economy of a member of the eurozone expanded 3.2%in the first quarter of 2025. Compared to the same quarter in 2024, the Irish economy expanded by 13.3%.
It was not the Irish home masters who led the country's impressive quarter growth. Instead, it seems to be from increasingly uncertain international companies in the country.
“This result was mainly the rise of international dominant sectors in Q1 2025, the more modest growth of the domestic economy,” CSO wrote.
Earlier in April, CSO revealed that Ireland exports to the United States increased by EUR 8.7 billion ($ 9.9 billion), or 210.5%in February. The vast majority of these exports, about 90%, come from the chemical sector, which includes pharmaceuticals. Ireland exported a total of $ 76 billion in the United States in 2024, leaving it $ 50 billion ($ 57 billion).
This may not be a surprise if you see a similar monthly increase in March-Moon, when companies digested the reality of Donald Trump's tariffs and could check the so-called liberation day before April 2.
During this century, Ireland has created an impressive list of US corporate giants behind a competitive tax policy. Meta, Google and Apple everyone has their own EU headquarters in the country, working thousands of residents. As the strong pharmaceutical export data in February proves, many of the largest drug manufacturers in the country have extensive production operations in Ireland.
EU Lilly produces Mounjaro's weight loss option in Ireland, while Pfizer and Abbvie produce Viagra and Botox in the country. Many of these drugs will be returned to the United States for consumption, perhaps February marks the moment of panicing of these products.
In total, US companies account for 10% of employment in Ireland and 72% of the country's direct investment.
The oldest -operating stockbroker of Ireland, Goodbody, compared his home country because of their links from the investment perspective with the US 51. In February, KPMG warned that the proposed tariffs could affect a third of Irish exports.
Trump Vendetta against US traditional trade partners has ICE after the administration has taken a 90-day break based on durable tariffs based on the unbalanced trade.
However, companies and policy makers are in the tenthook when they are waiting for the president's next move. The Irish pharmaceutical sector, undoubtedly the country's more exposed, could be in the next row.
Previously, in April, Trump promised the Republican audience that “big” tariffs were coming to the pharmaceutical import.
European pharmaceutical companies turn on their home continent, threatening to accelerate to the United States unless the EU is made with its regulatory and intellectual property practices.
In the meantime, US drug manufacturers feel the heat of the Trump administration to pack and head to the west.
This story was originally reflected on Fortune.com
