Friday, April 19, 2024

Andalusia regains pre-pandemic export levels in Asia

September 9, 2021
Andalusia regains pre-pandemic export levels in Asia

Andalusian exports to the Asian continent reached the figure of 1,607 million euros in the first six months of 2021, which represents an increase of 22.8% over the same period last year, according to Extenda data. In turn, these data reflect a clear sign of recovery, by practically equalling the export figures of the first half of 2019, the period before the pandemic, when they reached 1,623 million euros.

The region was positioned as the third most exporting autonomous community to Asian countries in the first half of 2021, with 11.3% of the national total in Spain, of 14,253 million euros.

The first Asian market for Andalusia is China, with 538 million euros in the first half of 2021, 33.5% of the total, which is up 1.4% compared to the same period last year. In second place is Japan, with 326 million euros, 20.3%, the second fastest-growing destination in the Top 10, rising 159%; followed by South Korea, with 148 million and 9.2%, with a growth of 3.2%; and the United Arab Emirates, with 81 million and 5.1%, with a rise of 6%.

In fifth place in Saudi Arabia, with 77 million and 4.8%, up 3.7%; followed by India, with 63 million and 3.9%, up 23%; and Israel, also with 63 million and 3.9%, up 78%.

The Top 10 is rounded off by Taiwan, in eighth place, with 59 million and 3.6%, with the highest growth of the top ten markets, 183%, almost triple; the Philippines, with 38 million and 2.4%, which grew by 94%, doubling its purchases of Andalusian products; and in tenth place, Malaysia, with 31 million and 1.9%, the only one to decrease, 31%.

Minerals, slag, and ashes were the most exported chapter to Asian countries in the first half of 2021, reaching 481 million euros and 30% of the total, with a growth of 25.3% compared to the same period of the previous year. It is followed by the chapter of fuels and mineral oils, with 230 million and 14.3%, which multiplies by six (+492%) its sales compared to the semester of 2020, registering the highest growth of the Top10; and the chapter on olive oil, the first agri-food, with 192 million and 12%, with a rise of 12.3%.

In fourth place came meat and edible meat offal, with 137 million and 8.5%, up 26%; followed by machinery and mechanical appliances, with 53 million and 3.3%, up 3.1%; fruit and vegetable preparations, with 44 million and 2.7%, down 7.4%; and alcoholic beverages, with 31 million and 1.9%, up 82%.

Finishing the Top 10 is machinery and electrical equipment, also with 31 million and 1.9%, which grew by 28%; followed by miscellaneous food preparations, with 29 million and 1.8%, which fell by 6.8%; and, in tenth place, cotton, with 28 million and 1.7%, which almost doubled its sales with an increase of 97%.