Spain: The agri-food trade balance registered a record of almost 18,000 million euros in 2020

Published Apr 30, 2021

Tridge summary

Spanish agri-food exports saw a growth of 4.3% in 2020, reaching 53,102 million euros, as per a report by Jaime Palafox and Cajamar. The country's agri-food trade surplus was nearly 18,000 million euros. China was the primary market, with sales increasing by 72% to 3,732 million euros. The pig and fruit and vegetable sectors experienced the highest growth, at 22% and 5% respectively, while wine and olive oil saw a decline of 3% and 6% respectively. Spain led in fruit and vegetable exports in the EU, with 16,459 million euros. The EU accounted for 92% of total national sales.

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Original content

Driven by exports, which grew by 4.3%, to 53,102 million MADRID, Apr 30. (EUROPA PRESS) - Spanish agri-food exports grew by 4.3% in 2020, reaching 53,102 million euros, while imports amounted to 35,297 million euros, according to the report 'Analysis of agri-food exports. Year 2020 ', prepared by the agri-food expert on international issues Jaime Palafox y Cajamar. Specifically, in 2020, a year marked by the health crisis, there was a record of almost 18,000 million euros in the surplus of the agri-food trade balance. In addition, in 2020 Spain remains in fourth place in the European Union behind the Netherlands, Germany and France, and ahead of Italy, but leading growth, since German exports fell by 1.2%, French they plummeted 3.9%. By markets, in 2020 as in 2019 has been strongly conditioned by exports to China, where the pig sector accounts for 85% of the total. Thus, with a total of 3,732 million euros, sales to the Asian giant increased last year by 1,700 million euros ...

Source: europapress