Banco Sabadell: "Foreign trade has been a very important driver of the economy in recent years."

Interview with María Isabel Santaella, Madrid territorial director of international trade at Banco Sabadell included in the Madridonbusiness report

Madrid is the autonomous community that receives most of the foreign investment.

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Included in the Madridonbusiness report. Rest of interviews in Madridonbusiness

 

 

 

 

During the first quarter, as explained María Isabel Santaella, territorial director of international trade at Banco Sabadell, The Community received 1.227 million euros, which represents 56% of the total investment made in Spain, being The United States is the main investor followed by Luxembourg, France or Mexico en sectors such as real estate, pharmaceutical industry, financial institutions or the insurance sector, among others.

 

 

The executive highlighted that 98% of companies are realizing that purchasing power lies outside of Spain, "78% of which is outside of Europe, so companies that expand abroad can diversify risks. We also observe that they generate more employment and achieve higher margins and profits in their revenue."

 

exports In the region, they have grown by 6% in the last quarter, and by sector, capital goods, the chemical industry, and consumer manufacturing are in first place. The latest campaign reveals that «lhe DO wines from the Community of Madrid broke export records with 32% sold abroad to countries such as the US, China or Germany"Santaella emphasized."

Banco Sabadell, after the interest of companies in exporting and the need to go out to the international markets, has created the platform Export to Grow which includes seven companies that offer services such as logistics, legal advice, certifications, financial support, etc.