Spain’s agrifood sector continues to show significant strength and has consolidated its role as the country’s leading driver of exports, thanks to an environment with contained price increases and a recovery in demand. Spain has become the EU’s fourth biggest exporting power and the eighth in the world, with a 3.4% share of the global market. In addition, it has recorded almost three decades of trade surpluses, equivalent to 1.2% of GDP in 2024. Despite the complex international environment, marked by geopolitical tensions and protectionism, the growth of agrifood exports in the first half of 2025, both in volume and in value, hints at a good year for the sector.
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Imelda is a senior economist in the Banking Strategy Department. With a Master's degree in Financial Markets from the Catholic Institute of Business Administration (ICADE), before joining CaixaBank she worked as director of financial systems at Bankia Research. Her main areas of research include the Spanish banking system, especially tracking business volumes, as well as the competitive and regulatory environment of the financial sector.
Isabella holds the position of research assistant in the Strategic Planning Department. She has a degree in Economics from the Autonomous University of Barcelona and a master's degree in Specialized Economic Analysis: International Trade, Finance and Development from the Barcelona School of Economics.
Beatriz is an economist at the International Economics & Markets Department. She has a degree in Economics from Universidad San Pablo CEU, a postgraduate degree in Market Research and doctorate studies in Applied Economics at Universidad Complutense de Madrid. With 18 years' experience in the financial sector, before joining CaixaBank she worked in sales trading and bond analysis and strategy at Ahorro Corporación. Her main areas of expertise are global financial markets, particularly bonds and equity.
José Antonio is a data scientist in the Department of Strategic Planning. He holds a degree from the Polytechnic University of Catalonia, where he was part of the second ever intake of the degree in Data Science and Engineering, and he is participating in the first edition of CaixaBank’s Data Talent programme. Prior to joining the bank, and in conjunction with his university studies in Barcelona and Stockholm, he co-founded a tech start-up with two partners, where he complemented his education in technology with a well-rounded and comprehensive view of the business world.
Martín holds the position of research assistant in the Strategic Planning Department. Graduate and Master in Economics from the Pontificia Universidad Católica del Perú and Master in Macroeconomic Policy and Financial Markets from the Barcelona School of Economics. Before joining CaixaBank, he worked at the Superintendency of Banking, Insurance and AFP as an analyst and banking supervisor in the microfinance, credit risk and banking departments.
Jesús is Manager of Organisation and Publications at the Strategic Planning and Research Division. He has a PhD in Business Management and Administration from Universitat Politècnica de Catalunya (UPC), an Industrial Engineering degree with a major in organisation from the Escola Tècnica Superior d'Enginyeria Industrial de Barcelona (ETSEIB), part of the same university, and an MBA from IESE Business School, Universidad de Navarra. Before joining CaixaBank Research he worked as Telemarketing Sales Campaign Manager at CaixaBank.
Ana Maria is an Assistant in the Strategic Planning and Research Division and carries out a variety of tasks to help and support various projects. With studies in administration, telephony and hairdressing, she also has extensive experience in customer service and sales after having worked at Decathlon and Telepizza. While at the company Taler she got to know the administrative world of the office in depth. A person who is engaged, very optimistic and with a great willingness to learn and overcome challenges every day. She loves travelling, dancing and enjoying the company of friends and family.
Javier is an Economist in the Strategic Planning Unit. He graduated in Economics from Universidad CEU San Pablo in Madrid, where he also carried out an internship at the Instituto Nacional de Estadística. Afterwards, he worked as an analyst for the consulting firm Equipo Económico. Before joining CaixaBank, he completed a Master in Economics at the Barcelona Graduate School of Economics.
Carolina is Secretary to the Chief Economist, Enric Fernandez, as well as an Assistant in the Strategic Planning and Research Division. She has a degree in Journalism and a Master in Business Communication from Universitat Autònoma de Barcelona, and has experience in the field of communication in a range of industries. Since joining CaixaBank she has worked in the Communication, Business and Senior Management departments. What she likes most about her job is being able to help the team in every way possible, with a positive attitude and desire to improve. A fan of nature, reading and cooking, she loves outdoor sports.
Maitane is an analyst in the Department of Strategic Planning. She holds a degree in Economics and Master’s in Banking and Financial Regulation from the University of Navarre. Prior to joining CaixaBank, she worked in the Supervisor Relationship management team at Bankia, and previously at EY as a manager in the department of financial accounting services for the banking sector. Her primary area of research is the Spanish banking system.
In June 2016, the United Kingdom’s vote in favour of leaving the European Union (EU) opened up a new scenario for the British economy that could have important repercussions for the Spanish economy and particularly for the tourism industry, which receives around 16 million British tourists a year1. In this article we examine the impact of Brexit on the number of British tourists visiting Spain and its potential impact in the future under different EU exit scenarios.
- 1This figure represents nearly 22% of Spain’s total inbound tourism (2018 data).
The tourism sector remains one of the key drivers of the Spanish economy, with tourism GDP expected to grow by 2.7%, above the Spanish average. However, it has entered a new phase of more moderate growth after years of strong expansion driven by the post-pandemic recovery.
Now, although the ECB has tightened the conditions required for an interest rate hike, there are more factors to support the idea that medium-term inflation could lie at 2%, and after more than a decade without doing so the ECB may finally raise interest rates.