Agri-food and fisheries exports reached a record €70.43 billion in 2023

This figure represents an increase of 3% compared to the 2022 forecast and exceeds the €70 billion mark for the first time.

After assessing the data, Minister Luis Planas indicated that "the agri-food and fisheries balance is recovering after the decline suffered in 2022, and has increased by 10% to €15.47 billion". According to the minister, these figures show that Spain has a dynamic agri-food and fisheries sector, which acts as an engine for the development of the national economy and positions the country as an agri-food power.

This sector has performed better than the economy as a whole, with exports increasing by 3% compared to the final data for 2022. In 2023, exports from the agri-food sector accounted for 18.4% of the Spanish economy's total foreign sales, and imports accounted for 13%.

Imports increased by 1.2 % to just under €54.96 billion.

As for the main export sub-sectors in 2023, in

• first place was the meat group with €10.3 billion, followed by fruit with just under €9.98 billion, and vegetables with over €8.86 billion, while
• the vegetables and pulses group showed a 9.9% increase in exports compared to 2022.

In terms of agri-food and fisheries export destinations in 2023:

• A total of 67.4% went to the EU, an increase of 8.2% over 2022.
• And 32.6% went to third countries, a decrease of 6.2%.

The Foreign Trade Annual Preview 2023 is a synthetic and updated analysis of the main magnitudes and indicators that provide insight into the foreign trade situation in the agri-food and fisheries sector, based on provisional data for the year 2023 provided by the Customs and Excise Department of the State Tax Administration Agency (Agencia Estatal de Administración Tributaria).

Non official translation