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The pharmaceutical industry is a key and strategic sector for Spain’s economy, as was clearly demonstrated by the pandemic. In the past 25 years, the sector has become hugely significant and an important driver of Spanish exports and private R&D investment. Nevertheless, its production capacity still has room for improvement. The future of Spanish industry should be more closely linked to the pharmaceutical sector with a commitment to promote its growth, not only for strategic purposes but also for purely economic reasons, since it is an extremely competitive industry with a great capacity to generate good quality jobs that would help to modernise Spain’s economy.

https://www.caixabankresearch.com/en/sectoral-analysis/industry/spanish-pharmaceutical-industry

In 2020, global trade in high-tech goods fell by just 1%. This resilience, combined with the increase registered in 2021, leads us to pose the following question: are we facing a change of trend in the consumption patterns of technological goods or, on the contrary, will the return to «social normality» revive the pre-pandemic patterns?

https://www.caixabankresearch.com/en/economics-markets/recent-developments/global-demand-technological-goods-change-trend