Spain | Spanish exports of goods after COVID-19

Summary

Despite the difficult global context brought about by COVID, the Spanish exports of goods maintained their export market destination and gained competitiveness and share in international trade. Outlook is favourable, although the uncertainty about the pandemic remains high and its impact on global activity is relevant.

Key points

• Key points:
• COVID-19 hit international trade, disrupting global supply chains. Despite it, Spanish exports of goods withstanded and maintained their market destination. They gained competitiveness and share in international trade.
• Spanish exports of goods fell less than France and Italy ones.
• By sector, agriculture now has a higher weight in the total exports of goods and within industry, the food and pharmaceutical industries have been strengthened.
• By region, Catalonia leads the Spanish foreign sales.
• By destination, there was a general fall in Spanish goods exports, except for those to China.

Geographies

Topics

Tags