Spain: the export of food and beverages grows by 10% between January and October

The Monthly Foreign Trade Report shows that imports of food and beverages until October reached a value of 31,656.8 million euros (+ 11.5%), so the trade surplus of the Spanish food balance stood at 14,750 million euros (+ 5.2%). This growth in the accumulated food trade balance contrasts with the -29.7% fall in the relative surplus only for the month of October (1,012.7 million euros), with a 2.3% rise in exports (4,554.7 million) and a 17.6% growth in imports (3,542.0 million). Between January and October, all categories increased the value of foreign shipments, especially those of oils and fats (4,389.1 million, + 25%); fishery products (3,748.8 million, +18.8%); and beverages (3,844.4 million, +14.5%); the export of fruit and vegetables continues to be the largest (16,675.5 million, + 4.1%). The imports that increased the most in the first ten months of 2021 were oils and fats (3,237.9, +27.5%); “Other food” (8,833.7 million, +18.8%) and beverages (1,359.5 million, +17.2%). ...