Exports from Alicante province have returned to their growth path after two consecutive months of decline. AND The agri-food sector should be credited for recording positive data again in June as the sector shows clear signs of recession.. With the accumulated data, it closed the first half with a 5.2 percent increase in international sales, adding continuity to the course recorded since the worst effects of the pandemic began to dissipate. What is worrying is that the pace is slowing and the weight is falling on agriculture, a sector currently threatened by cuts to the Tajo-Segura transfer..
According to data released this Thursday by the Foreign Trade Institute (ICEX), Exports of Alicante companies amounted to 605 million euros in Junerepresents 1.5% more than the same month of the previous year. Although the increase is not very significant, it breaks from the negative trend of the previous two months, when overseas sales fell.
When analyzing the sectors that gave the best response in the past month, particular reference should be made to agri-food. And this Legumes and vegetables reached 34.2 million sales compared to 28 in the previous year.fruit climbed to 64.2 million, a notable increase from 49.5 in June 2022. Canned vegetables and fruits also recovered from 27.5 to 29.7 million.
All positive so far. The negative is concentrated in the industry presenting a worrying recessionary situation. What is the main export sector of the province such as shoes? Offers 89.6 million euros on roughly the same scales as last yearWhen it stops at 89.3. A similar thing applies to plastics materials and their manufacturers, which export alike when it remains stable at 42.6 million euros in 2022.
Metal, on the other hand, offers similar results to last year.despite the different behavior of its sub-sectors. Thus, aluminum and its products fell to 34.3 million euros after reaching 39.4 million euros in June last year. On the other hand, electrical appliances and materials have improved to reach 15 million compared to 11.3 million in 2022; auto parts with 20.2 million and 19.1 million; and with machines and mechanical devices, 20.6 and 17.
The toy industry, on the other hand, slightly improved the results.after reaching 20.6 million this month compared to 17 last year, it is the opposite of what fell behind by selling 5 million in textile-household goods, which reached 5.7 million in June 2022.
With these last numbers, balance for the first half of the year shows a positive balance of 3,754 million eurosThis represents a 5.2% increase from 3,567 in the same period last year. The problem is that almost all of the increase is concentrated in the first three months of the year, as the dynamism in the second quarter of the year was much lower and brought about a slowdown in growth.