As an island nation, Ireland’s geography has historically dictated an exceptionally open economy. For centuries, the country’s prosperity has relied upon its ability to navigate international waters and seek out trading opportunities in distant markets. External trade is not merely a component of the economy; it is its cornerstone. This outward-looking model has evolved significantly over time. Sign in Unlimited access starts here.

Source: Irish Examiner March 13, 2026 12:01 UTC