Exports from the Valencian Community represent 10,3% of the total exported by Spain

Foreign trade

The Minister of Innovation, Industry, Trade and Tourism, Nuria Montes, has highlighted the "significant commitment" of Valencian companies to internationalization, in a context marked by geopolitical tensions and the slowdown of world trade.

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exports from the Valencian Community In the first quarter of the year they reached a value of 9.666,6 million euros, which represents a decrease of 8,2% compared to the same period of the previous year. Despite this decline, the region continues to be an important export engine for Spain, representing 10,3% of the national total.

 

The Minister of Innovation, Industry, Commerce and Tourism, Nuria Montes, has highlighted the "significant commitment" of Valencian companies to the CapabilitiesIn a context marked by geopolitical tensions and a slowdown in global trade, companies have achieved, despite these difficulties, a "second-best result on record for a first quarter," according to Montes.

 

Despite the decrease in exports, the Valencian Community has maintained a positive trade balance of 1.189 million euros and a coverage rate of 114%. Among the sectors that have experienced positive growth, food and beverages stand out, with an increase of 2,1% and a contribution of 0,5 points to total growth.

 

“Companies are doing a commendable job, achieving an export value that is the second highest in the historical series for the first quarter of the year,” highlighted Montes.

 

La European Union It continues to be the main destination of Valencian exports, concentrating 60,3% of the total. France, Germany and Italy They are the three main destination countries, with a value of 1.282,8 million, 1.067,3 million and 862,3 million euros, respectively.

 

Exports by province have experienced decreases in all three: Valencia has exported a value of 5.524 million (-8%), Castellon for 2.391,9 million (-7,2%) and Alicante for 1.750,7 million (-10,3%).

 

The Department of Innovation, Industry, Commerce and Tourism has reiterated its commitment to supporting Valencian companies in their internationalization process. Through different plans, programs and financial aid, the Ministry seeks to facilitate the exit abroad of Valencian companies and contribute to their growth and competitiveness.

 

In a challenging global context, Valencian companies demonstrate their ability to adapt and resist. With the support of the institutions, the Valencian Community has the potential to continue being a benchmark in the Spanish export sector.