This exporting companies They are witnessing a period of economic boom and high expectations, but are susceptible to greater uncertainty. ” geopolitics has always had an impact on the economy, but is currently a key element in business decision making,” he explains. Joan Tristany, CEO Internationalized Industrial Companies Association (amec). The corresponding foreign trade report, released this Thursday, shows Spain’s exports to 389,208.9 million euros, up 22.9% year-on-year. However, exports have once again reached an all-time high, reinforcing their fundamental role in the overall health of the Spanish economy despite high inflation. HE growth the eurozone (21.0%) and other major exporting European countries such as Germany (14.1%), France (19.1%) and Italy (19.9%). With unit value indices, exports increased by approximately 18.3%, and when the effects of inflation were discounted, they increased by 3.9% on an annual basis.
“Despite rising prices and a complex and highly uncertain environment, Spanish industrial companies continue to increase their exports.“, emphasizes Tristany. Regarding the present moment, “The impact of inflation, which is high compared to the pre-Covid era, is still appreciated. “But it seems that it has already reached the ceiling and although it is difficult for prices to return to their previous levels, the reality is that the economy continues to grow.”
Exports of non-energy products increased by 2.7% in volume, After the 11.6% increase in the previous year as a post-pandemic recovery effect. But in 2022, no sector experienced a negative behavior, which encourages us to be optimistic.
Despite the relative optimism of exporting companies, Tristany predict trends, detect geopolitical tensions and that managers can make decisions before situations turn into drama. Serving its partners, keeping them out of fright, and minimizing inevitable harm is Amec’s raison d’etre.
Predicting the Russia and Algeria crisis
tristani He embodies his ideas, emphasizing the importance of conducting “foresight” for companies in the spirit of “the ability to anticipate and adapt to any situation.” For example, although Russia having experienced significant growth as a target market in recent years, this evolution changed drastically after the start of the war and at the end of 2022 it experienced a 42 percent drop as exports. Algeria (-45.9%) blocked trade with Spain in June due to the Western Sahara conflict. Amec partners had enough information to predict these events.
HE current exporter map There are ongoing guidelines. The European Union maintains its weight as the main target in exports, which reached 62.8% in total with a slight increase. China, which started the year with more than 30% declines, made a gradual recovery after the relaxation of its Kovid-19 containment policies and closed the year with a decrease of only 7.5%. As predicted by Amec’s ‘Market Ranking’, published in December 2021 on the most interesting countries for companies in 2022, the US experienced 28.1% growth, confirming it is the most reliable market for exporting companies.
On the other hand, countries where trade problems were prolonged due to the effects of the pandemic, such as Brazil (37.6%), Mexico (26.2%) and India (21.9%), experienced a significant recovery in 2022. These markets, along with Morocco and Portugal, continued to grow steadily throughout the year. Internationalized industrial conglomerate Amec reinforces its role as a work-study center while promoting internationalization as a key development factor