[3][4] Responsibilities for trade and industry was originally established in the Ministry of Foreign Affairs, Trade, Shipping and Industry in 1903.

After this, the ministry underwent several name changes as a result of transfers of responsibilities.

The Press and Communications Division is part of the Secretary General's staff.

The Ministry is headed by the Minister of Trade and Industry.

The ministry is divided into the following sections:[6] Subordinate government agencies:[7] Other agencies associated with the department:[8] Wholly owned limited companies:[9] Partially owned public limited companies:[9]