11/06/2025 | Press release | Distributed by Public on 11/06/2025 07:17
Irish investment in US remains strong according to data from the American Chamber of Commerce Ireland.
This coincides with significant developments in transatlantic trade and investment. The recent EU-US agreement established a 15% tariff ceiling, which has provided certainty for Irish exporters.
The American Chamber of Commerce Ireland states that US companies directly employ 245,000 people across Ireland and in 2024, there were 169,000 people indirectly employed by US companies in Ireland, with Ireland acting as the gateway to Europe for US companies.
Irish companies directly employ more than 200,000 people across the US, across all 50 states. A two-way partnership, Ireland is now the 5th largest source of FDI into the US.
While US investment in Ireland remains strong, the reverse - Irish firms operating in the US - remains significant, exemplified by developments such as the recent CEL expansion in the US.
The American Chamber of Commerce Ireland is the representative body for US companies based in Ireland at both Government and industry level. It is the leading voice of US companies in Ireland and an international business organisation supporting the Transatlantic business relationship. Paul Sweetman is its CEO.