Our exports in Andalusia They represent a vital component of the economy of the autonomous community, exerting a significant impact on several economic aspects. The Junta de Andalucía has promoted the activity of its companies for years through the company Extenda, dependent on Foreign Action, as of 2023 this company has become part of Andalusia TRADE, an organization of which the Secretary General of Foreign Action is also a member, Enric Millo.
Next, we will detail the main areas in which exports influence the Andalusian economy.
Influence of exports on the economy of Andalusia
- Growth of the Gross Domestic Product (GDP): Exports contribute directly to Andalusia's GDP, meaning that an increase in exports generally results in more robust economic growth. The expansion of international markets and the diversification of exportable products have led to a constant increase in regional GDP.
- Employment generation: Export industries often require a significant workforce, both in production and in logistics and distribution. This leads to the creation of jobs in various sectors, which reduces unemployment and increases economic stability in the region.
- Investment in Technology and Innovation: Competition in global markets drives companies to invest in technology and innovation. This in turn encourages research and development in Andalusia, increasing competitiveness and improving the quality of products and services.
- Economic Diversification: By exporting a wide variety of products, from food to minerals and manufacturing, Andalusia has managed to diversify its economy. This diversification reduces dependence on individual sectors and makes the economy more resilient to market fluctuations.
- Positive Trade Balance: Strong exports can lead to a positive trade balance, especially if balanced by imports. This strengthens Andalusia's financial position and can lead to greater stability and confidence in the regional economy.
- Attraction of Foreign Investments: Andalusia's reputation as a reliable and competitive exporter can attract foreign direct investment. These investments can open new markets, increase production capacity and improve infrastructure, further boosting the economy.
- Improvement of Quality Standards: The need to comply with international standards leads to an improvement in the quality of products and services. This not only benefits foreign consumers but also local ones, raising the standard of living and consumer satisfaction in Andalusia.
Analysis of the main markets for Andalusian exports
Andalusia, one of Spain's main export regions, continues to show solid growth in its foreign trade. The richness of its food and agro-industrial products is increasingly recognized globally and has led to continuous growth in its exports. The quality and dedication in Andalusia's food production have led the region to a prominent place in international trade. The data reflects a clear growth trend:
- In January 2022, exports reached €3.017 million, an increase of 36% year on year.
- Andalusia has accumulated 11 consecutive months of year-on-year increases in sales.
- In 2021, the value of exports reached a historical record of €34.552 million, an increase of 24,2% compared to 2020.
- Animal and vegetable fats and oils, fruits, and legumes and vegetables are the main agri-food exports.
Main Destinations of Andalusian Exports
The European Union (EU) is the main market for Andalusian products, receiving 58% of total exports. Here are the main destinations:
- Germany: Main recipient country, with 18% of exports. It has experienced a growth of 40% between 2015 and 2020.
- France: Closely followed with 16% of exports.
- Italy, Portugal, and the United Kingdom: Each with around 10% of exports.
Outside Europe, North America and Latin America are notable markets, while the Middle East has seen a 42% decline. Morocco and China are also important, with growth of 4,8% and 17,7%, respectively.
Main products exported by the Andalusian autonomous community
The economy of the autonomous community is strongly focused on exports. The main exported products reflect the variety of its economy. Below are some of the key products in the Andalusian economy:
- Olive Oil: Andalusia is famous for its olive oil production, especially Extra Virgin Olive Oil. The region is one of the largest producers and exporters of olive oil in the world.
- Fruits and vegetables: The Andalusian garden exports a wide variety of fresh fruits and vegetables, including peppers, tomatoes, strawberries, cucumbers and more. These products are highly appreciated both in the European Union and in other international markets.
- Minerals and Metals: The export of minerals, such as copper and zinc, as well as other metals, plays an important role in the Andalusian economy. The region is also known for its marble production.
- Fishing and Seafood Products: Andalusia has a rich fishing tradition, and its seafood, including fresh fish, shellfish and frozen products, are exported to numerous countries.
- Agroindustrial Products: In addition to fresh agricultural products, Andalusia also exports processed products, such as canned fruits and vegetables, wines and spirits, and cured meat products.
- Technology and Industry: Although best known for its agricultural and food products, Andalusia also has a growing technology and industrial sector. This includes the export of machinery, technological equipment and automotive components.
- Chemical products: The chemical industry in Andalusia produces a variety of products that are exported, including basic chemicals, plastics, and pharmaceuticals.
- Energy Products: Although to a lesser extent than other products, Andalusia also participates in the export of energy products, including fuels and renewable energy.
Andalusia reaches third position in April 2023
In April 2023, the autonomous community of Andalusia reached third position in both total exports and total imports in Spain. Below is a detailed analysis of this business data.
In 2022, Andalusia managed to export €42,2 million, positioning itself as the third largest exporter of the 18 exporting entities in Spain. The main exported products were:
- Light Petroleum distillates (€3,92MM)
- Petroleum spirit for vehicles (€2,42MM)
- Biodiesel and blends (€1,95MM)
- Products not specified according to type (€1,89MM)
- Extra virgin olive oil (€1,62MM)
In April of the current year, exports totaled €3,01 million, reflecting a decrease of €900 million (-23,0%) compared to the same month of the previous year. This month's main exports included fruits, refined petroleum, pure olive oil, among others.
Andalusia also stood out as the third largest importer in 2022, with imports valued at €46,8 million. The main imported products were:
- Petroleum and mineral oils (€14,8MM)
- Natural gas in gaseous state (€3,04MM)
- Light Petroleum distillates (€2,32MM)
- Copper ores and concentrates (€2,1MM)
- Liquefied natural gas (€1,23MM)
Imports in April 2023 reached €3,07 million, a decrease of €651 million (-17,5%) compared to April 2022. The most imported products included crude oil, petroleum gas, copper mine, among others.
In terms of economic complexity, some of the most complex products exported by Andalusia in 2022 include stainless steel, lighting equipment, copper pipe fittings, pork, among others.
The balance of trade in April 2023 resulted in a deficit of $64,9 million. Andalusia's main export destinations were Germany, France, Portugal, the United States and Italy, while the main imports came from Algeria, the United States, China, Brazil and Nigeria.
The decrease in exports and imports during April 2023 was mainly explained by a reduction in exports and imports with certain countries and specific products.
Patterns of change in Andalusian exports (1900-2000)
Foreign trade in Andalusia has undergone significant transformations throughout the XNUMXth century. The structure and composition of exports and imports have varied, reflecting changes in the Andalusian economy and industry. Below are the main aspects of these trends:
- Agricultural and Agroindustrial Products: Agricultural and agroindustrial products represented an important percentage of Andalusian exports throughout the century. Despite a considerable rise in 1960 (68,4%), the proportion remained relatively constant in 1900 and 2000 (35,6%).
- Mineral Exports: Mineral exports saw a sharp decline from 55,4% in 1900 to 9% in 1980. However, there was a recovery in 2000, reaching 17%, possibly due to the boom in the marble sector.
- Manufacturing Exports: The 7,9th century saw a constant growth in the export of manufactures, which went from 1900% in 49,3 to 1980% in 38,1, decreasing slightly to 2000% in XNUMX. This growth reflects the growing prominence of products manufactured.
- IEnergy imports: Energy imports in Andalusia increased from 18,3% in 1900 to 73% in 1980, reducing to 55,4% in 2000. Energy became the main import input in the region.
- Food Imports: Food imports experienced fluctuations throughout the century, peaking at 32,9% in 1920 and declining to 8,8% in 2000.
- Imports of Industrial Goods: Imports of industrial goods varied considerably, peaking at 62,6% in 1960 and declining to 21,5% in 2000.
- Export Coverage Rate: It ranged between 220,6% in 1900 and 37,4% in 1980, recovering to 83,2% in 2000.
- Degree of Openness: It increased steadily, from 24,7% in 1900 to 31,49% in 2000.
- Value of Andalusian Foreign Trade: It multiplied considerably, going from 514 million pesetas in 1913 to 11.650,90 million in 2000.
Historical statistics on trade in Andalusia reveal a dynamic and complex evolution. Transformations in the structure of foreign exchanges reflect changes in the global economy, industrial priorities and trade policies.
The XNUMXth century in Andalusia witnessed a transition from an economy focused on agriculture and mining towards greater diversification, including the growing importance of manufacturing and energy. The last four decades of the century were especially critical in this transformation, marking a new era in Andalusian foreign trade.
Global assessments of exports in Andalusia
Exports in Andalusia are essential for the growth, stability and long-term prosperity of the autonomous community. Continued strength in this area will be vital for Andalusia's economic future, and policies that support and encourage exports will continue to be crucial in the years to come.
The diversity of products exported by Andalusia reflects the complexity and richness of its economy. From internationally recognized foods to industrial and technological products, Andalusia has a notable presence in global markets. This variety not only strengthens the local economy but also contributes to the economic resilience of the autonomous community, allowing Andalusia to adapt and prosper in a constantly changing economic environment.
Andalusia continues to be a key player in Spain's international trade. Despite the decrease in April 2023 figures compared to the previous year, the region maintains a solid position in the Spanish economy, contributing key products and maintaining commercial relationships with important global partners. The evolution of trade and future export and import strategies in Andalusia will be crucial for the continued economic development of the autonomous community.
16 Alas Awards for the Internationalization of the Andalusian Company 2023
On October 3, the 16 Wings Awards to the Internationalization of the Andalusian Company, with the presence of the president of the Junta de Andalucía who highlighted the strength of exports of Andalusian companies.
The winners of this edition were:
- INITIATION CATEGORY: COVERMANAGER from Seville. Software for global management of sales with clients. Manage reservations and orders through direct channels: website, telephone, Facebook, Google, etc.
- ECOMMERCE CATEGORY: FREEPIK COMPANY from Malaga. Free images web service.
- EXPORTING COMPANY CATEGORY: ONLY FRESH from Almería. Andalusian cooperative society that stands out for its innovation, size and transparency.
- IMPLEMENTATION CATEGORY: PUMA GROUP from Córdoba. Manufacturer of sports materials.
- CATEGORY INTERNATIONAL CAREER (COMPANY): FRESÓN DE PALOS from Huelva. Exporters of quality strawberries.
- CATEGORY INTERNATIONAL CAREER (ENTITY): PORT AUTHORITY OF THE BAY OF ALGECIRAS. Management of the Port of Algeciras.
The awards are organized by Andalusia TRADE.