The Spanish agri-food trade balance grew by 25.8% in 2020

Updated Aug 17, 2021
Exports of Spanish agro-food and fishery products reached an all-time high of 53,848 million euros (+4.1%) in 2020 compared to 2019. The data show the strength of a sector with a strategic nature for the Spanish economy. This good performance is more striking in a scenario marked by the uncertainties of the pandemic and with international trade in decline -exports of the Spanish overall economy fell by 10.2% last year (Fig 1). These are some of the figures compiled by the Ministry of Agriculture, Fisheries and Food regarding foreign trade in 2020. It should be noted that forestry products are not included, which did appear in previous reports, as they now depend on the Ministry of Ecological Transition and the Demographic Challenge. Agro-food imports Imports of the total Spanish economy fell by 14.7% in 2020. The decrease was smaller in the agro-food and fishing sector, by 4.6%, reaching 35.155 million euros. As a result, the trade balance of the Spanish agro-food and fishing ...
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