Spain’s agricultural and fisheries exports reached a record high of €70.431 billion in 2023, driven by a 3% increase from the previous year. The conflict between Russia and Ukraine contributed to high international prices, boosting exports. Despite a decline in overall exports, Spain saw a 7.6% decrease in general imports while agro-food imports rose by 1.2%.
The agro-food sector plays a crucial role in Spain’s external trade, accounting for 18.4% of the total economy. Spain ranks as the fourth largest agricultural producer in the EU, with diverse sectors like vegetables, fruit, and pigmeat making significant contributions. Additionally, Spain exports a majority of its agricultural products to the EU and is expanding its presence in the Chinese market.
Challenges and Opportunities
Spain faces challenges such as land concentration and the decline of small farms, but it emphasizes competitive and sustainable agricultural practices. The sector holds strategic importance in economic, social, and environmental aspects, with the government’s CAP Strategic Plan promoting sustainable development and food security.
Overall, Spain’s agricultural sector is a cornerstone of the economy and a leading force in the European agricultural landscape, showcasing resilience and innovation in the face of challenges.
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