Exports from the Valencian Community grow by 26%

Exports from the Valencian Community have reached a value of 23,6 billion euro in the period January – July 2022, which represents an increase of 25.9% compared to the same period of the previous year, according to data made public by the Territorial Directorate of Commerce of the Valencian Community dependent on the Secretary of State for Commerce.

The Minister of Sustainable Economy, Productive Sectors, Commerce and Labour, Rafa Climent, has highlighted “the maintenance of the upward trend in exports from the Valencian Community in all geographical areas in a complex scenario at the international level”.

In the January-July period, exports grew in the three provinces above 18%. In Valencia, the value exported reaches 12,7 billion euro, which represents an increase of 25.1%; Castellón registers a value of 6,7 billion euro, with an outstanding increase of 32.7% and Alicante exports products worth 4,2 billion euro, with an increase of 18.7% compared to the same period of the year 2021.

By sectors, the agri-food leads the export of the Valencian Community with a value of 4,5 billion euro and an increase of 5.4%, followed by non-chemical semi-manufactures, with 4,4 billion euro and an increase of 36%. In this category, the increase in exports of ceramic products stands out, with a rise of 36%.

In third position is the automotive chapter, with a value of 3,5 billion euro and an increase of 37.9%. Chemical products are in fourth place, with a value of 3,4 billion euro and growth of 24.8%.

They are followed by capital goods that register exports worth 2,9 billion euro and an increase of 16.7%. Consumer manufactures, with 9.5% of total exports, amounted to 2,3 billion euro, with an increase of 18.1%.

By destinations, exports from the Valencian Community to the EU in the period January – July 2022 amounted to 13, 4 billion euro, with an increase of 21.8%. In this area, France, Germany, Italy, and Portugal lead the ranking. The increase in Italy stands out, standing at 32.5% and Portugal, at 27.5%.

The countries of the rest of Europe experienced an increase of 27.2%. In this area, the United Kingdom grew by an outstanding 32.2%. Exports destined for the Americas grew by 44% with a notable increase in Latin America, standing at 50%, and a rise of 41% in North America. Exports to Asia grew by 21.9% and Africa grew by 18.8%.