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Spain: increase in the food and beverages industry exports

Regarding the most exported products, pork products still lead the ranking, with sales exceeding €3,000 million.

Thursday 27 November 2014 (3 years 6 months ago)

The part of the total production exported by the food and beverages industry has not stopped growing in the last years, going from just over 15% in 1998 to more than 25% in 2013. These data allow to estimate that in 2020 the exports will exceed 35% of the total production of this sector, according to the “Report on the Exports of the Food and Beverages Industry 2013: Short- and medium-term analysis”.

According to the report, the food and beverages industry reached an exportation volume that exceeded €22,499 million in 2013 (1.5% higher than in 2012), so its sales represent more than 60% of the total of the food and agriculture sector. In this sense, as shown by the retrospective of the sector in this field, the evolution of this sector's exports reflect a sustained growth in the last years, with an annual growth rate of 5.8% in the last five years, 6.5% in the last decade and 6.6% in the last 15 years. These figures also show higer growth rates than the ones of the whole of the food and agriculture sector (5.5%, 5.9% and 5.6%). On the other hand, imports reached €17,608 million, and this also contributed to obtain an economic surplus of €4,891 million.

Regarding the most exported products, pork products still ead the ranking, with sales exceeding €3,000 million. Wine holds the second place, with more than €2,500 million, followed by olive oil, with more than €2,000 million.

The EU is still the main trading partner of the Spanish food and beverages industry, with a quota of 72.8% of the exported total. In this sense, the first five destinations pertain to the EU (France, Portugal, Italy, Germany and UK, the latter standing out with a growth by 7% in the mid and long term).

Regarding the third countries, US still leads the ranking with €981 million and a sustained growth in the last years. China+Hong Kong hold the second place with €557 million and a growth by 20% in the last 5 years, whilst Japan holds the third place thanks to a strong increase by 13% in the last year, reaching €413 million.

Tuesday, 18 November 2014/ FIAB/ Spain.
www.fiab.es

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