Spanish agri-food and seafood exports exceed 43,700 million euros

43,700 million euros

During the period December 2014 - November 2015, agricultural, fishing, food and forestry exports to Spain reached a record 43 thousand 757 million euros, representing 7.3% from the same period last year, reported Ministry of Agriculture, Food and Environment (MAGRMA).

Meanwhile, imports reached 33 thousand 793 million euros, ie 8% more than in the previous period, leaving a trade surplus of 9000 965 million euros.

Exports to the European Union increased in value by 4.3%, but suffered a decline in shares in November 2015, dropping to 74.7% from 75.7% in the same month last year.

Intra-EU imports, meanwhile, rose in value by 2.5%, observing a share decline from 59.2% to 53% today.

According MAGRAMA, agrifood foreign trade with third countries in November accounted for 25.3% of total exports, which represented an increase of 4% share over the same month last year.

In this regard, it highlights the sharp increases in exports to China (53.8%), Japan (52.1%) and Saudi Arabia (73.6%). Meanwhile, shipments to the United States, the main non-EU destination, are maintained with a slight increase of 1%.