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Exports in the Food and Beverage sector in 2011 grew 12%, leaving a surplus trade balance of 1,077 million euros. The sector represents almost 15% of total Spanish exports. Last year the export value reached 19.421 million euros, compared to 18.344 million that Spain imported from abroad. These are some of the figures presented by the Director of Economic Affairs and Internationalization of the Federation of Food and Beverage Industries (IFLA), Jaime Palafox, during a briefing with the media.
Among the products most exported, wine takes the lead, followed by pork and olive oil. There was a notable increase in exports of pork, as well as juices and vegetables, which grew by 20.8% and 26.9% respectively in the last year.
Palafox also discussed what the most popular products are in each market. In the case of the European Union and China the three main products were pork, wine and oil. The list of products imported by Russia is headed also by pork and wine, although olives take third place. As for the U.S. exports, wine, olives and Spanish olive oil especially stand out, in that order.
May 2012/ FIAB-Press release/ Spain.
http://www.fiab.es/es/
