Spanish exports rise 3pc

19 March 2004

MADRID – Exports increased by 3.41 percent last year to EUR 137,815, according to report from the Spanish Chambers of Commerce published Friday.

The report said the rise was in comparison with 2002.

Three provinces  – Catalonia, Valencia and Madrid – produced almost half (49 percent) of all Spain’s exports in 2003.

France was the biggest export market for Spain, with companies making EUR 26,458 million.

Sales to France represented 19.2 percent of the entire sector.

After this came Germany (EUR 16.4 million, or 12 percent), Italy (EUR 13.4 million, 9.7 percent), Portugal (EUR 13.2 million, 9.6 percent) then Britain (EUR 12.8 million, 9.2 percent)

Outside the EU, the main markets for Spanish products were the United Status, where exports made EUR 5.6 m, Mexico (EUR 2.1 million)  and Morocco (EUR  1.8 million)
 
Spanish cars were the biggest seller abroad, gaining EUR 32.4 million and taking up 23.5 percent of the entire export market.

Mechanical and electrical goods were the next biggest exports, bringing in 8.3 percent and 6.9 percent of the market.

The Spanish Chamber of Comerce said there were downturns in the export market in three parts of Spain; the  Balearic Islands (20.4 percent), Cantabria (5.32 percent) in the north of Spain and in the Canary Islands (2.5 percent).

[Copyright EFE with Expatica]

Subject: Spanish news