amec promotes new key factors of competitiveness in companies
The growth of foreign trade is the lowest since 2010, and maintains uneven behavior by sector.
El Ministry of Economy and Competitiveness has published the report of foreign trade, January-December 2019, which indicates that the Spanish exports They grew by 1,8% compared to the previous year, reaching 290.089,1 million euros. These are figures that “cast both lights and shadows”, as the general director of amec, Joan Tristany.
On the one hand, this is the lowest increase since 2010 and is lower than the the euro area, 1,9%. Likewise, growth is not homogeneous among the main sectors, since although five of them increased (food, capital goods, chemical products, manufacturing and durable consumer goods), the rest showed falls (raw materials, energy products, semi-manufactures and automobile sector).
However, it is worth highlighting as positive elements that despite the Brexit and the trade war, the increase in exports to United Kingdom (3,6%) doubles the average growth, while the behavior with United States (7,4%) is even better. “This fact demonstrates the maturity of our foreign sector, which despite the difficulties has maintained very positive results,” he remarks. Tristans. Likewise, the general director of amec highlights that "companies have been able to maintain a growth of 1,8% in their exports despite the fact that those of Germany, , which is one of the main clients and is part of the value chain, have increased only 0,8%.”
The effects of US policies
Due to the changes in international trade that it is introducing and because it is of great commercial interest, United States is concentrating a good part of the queries it receives amec by internationalized industrial companies, as reflected in the Barriers Report issued annually by the Amec Observatory. This report shows in which areas export companies find it most difficult to operate. Although exchanges with United States They have not been resented, but those directed at third countries with which the American country maintains commercial and geopolitical conflicts and on which it has imposed sanctions have. This is mainly the case of Iran y Venezuela. The Barriers Report has detected significant difficulties for Spanish companies related to incidents in payment or transportation methods to these countries. The concern of companies has been how to avoid sanctions.
On the other hand, amec's industrial companies have been especially affected by protectionist measures in Algeria. The reason is the lack of information prior to a decision taken unexpectedly by the Algerian Government. That is why amec has carried out constant monitoring to keep companies with interests in the country informed.
The association of internationalized industrial companies amec promotes the new key factors of competitiveness in companies in Spain: anticipation, adaptability, collaboration, glocalization and sustainability. The companies that are part of amec generate an export volume of more than 6.650 billion euros, export on average 55,6% of their turnover and invest 4,7% in innovation.





