The food industry shut down, for the first time, an exercise with a positive balance of trade
April 15, 2010
According to data provided by the Spanish Institute of foreign trade, the food and beverage industry has achieved a positive balance of trade for the first time in its history. The industry closed 2009 with a surplus of 266 million euros, an export value of 15.052 million euros and a coverage rate of 102. To the improvement of the knowledge and the image of Spanish products in other countries, you must add the boom experienced by Spanish gastronomy, something that takes into account the Spanish Federation of food industry and beverages (IFLA) in each of their actions. In particular, the past 30 March, IFLA organized Spanish striped flag in the MDD Expo in Paris, first sectoral exposure of France addressed to professionals of the retail and wholesale. This action, including the strategy of IFLA position the Spanish proudctos in the large European distribution, has been supported by the Ministerio de Medio Ambiente, Medio Rural and marine (MARM), within the framework of the Convention between that institution and IFLA.
On this occasion, the Spanish business representation showed a wide range of typical products of the country: olives and pickles, cheese and dairy products, canned fish and vegetables, crackers, sweets or juices. During the show, the Spanish companies took this opportunity to establish new commercial relationships that help to improve its position in the French market. France is the first market for the export of Spanish food, being one of the principal of the European Union in terms of market. Portugal, Italy, Germany and United Kingdom, the Gallic country absorbs more than 62% of Spanish exports. As a result, the European Union is still the main destination of Spanish products marketed outside the country.