Improvement in Spanish milk exports and fall in imports in 2020

Published 2021년 3월 17일

Tridge summary

In 2020, Spain's milk and dairy product exports grew by 3.3%, while imports decreased by 3.6%, indicating a decrease in the country's dependence on foreign dairy products. However, exports still fell short of imports by over 1.5 million tons. The value of exports also saw a 1.6% increase from 2019, contrasting with a 7% decrease in imports. The export of cheese remained stable, while imports and exports of cream and powdered milk saw significant changes. The European Commission's data shows an increase in the EU-27's exports of butter, cheese, and whole milk powder, while sales to skimmed milk powder third countries declined. Spain was among the leading exporters of butter, cheese, and skimmed milk powder from the EU-27.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Spanish exports of milk and dairy products grew by 3.3% last year while imports fell 3.6%, according to data from the Ministry of Agriculture, which indicates that Spain's dependence on abroad in this sector continues to decrease. However, the balance continues to be very negative for our country, as imports slightly exceeded 3 million tons of milk equivalent while exports stood at 1.5 million. In its latest report on the dairy sector, the Ministry specifies that the value of Spanish exports of milk and dairy products grew by 1.6% compared to 2019 while that of imports fell by 7%. The evolution varies considerably depending on the products. Cheese exchanges, which are the most important in volume both in terms of exports and, above all, imports, remained practically stable; those of cream grew significantly and those of powdered milk registered a marked fall. Increase in Community exports The European Commission has also published data on external trade of dairy products for the ...

Source: Agropopular