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Sector ReportSpanish economy

Summary

 

SITUATION AND OUTLOOK
The recent trend in the Spanish agrifood sector has been very positive and the industry is managing to withstand the slowdown experienced by the manufacturing sector, as it is less linked to the economic cycle.

 

FOREIGN SECTOR

The range of agrifood products exported by Spain is getting wider and covering more destinations. But it is not only important to export a lot, but also the complexity of what is exported.

 

SUPPLY STRUCTURE
Agrifood is Spain's leading industry in terms of added value and employment, with a highly fragmented business structure dominated by small companies.

 

FINANCIAL INCLUSION
Bank branches play a key role in preventing the financial exclusion of the rural population and, from a commercial point of view, have the advantage of specialising in a specific capital sector: agriculture.

 

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