Development of trade in Spain - Portugal 2013

In 2013 , there has been an increase of 12.9 percent of purchases in Spain to Portugal mainly due to imports of oil and oil products ( 64 percent) .
However , even excluding energy products increased bilateral trade , we can conclude that Portuguese exports to Spain would grow about 4.7 % percent , a clearly positive behavior towards the negative trend of total imports ( 1.3 per cent ) and the poor performance of the purchases in the EU ( +1.3 percent) .

According to the Ministry of Economy and Competitiveness in Spain , in 2013 , Spanish exports to Portugal (? 17,485,600,000 ) rose by 14.6 percent and imports from Spain from Portugal ( 9814300000 Euros ) rose 12.9 percent over the same period last year .

Ranking of clients , Portugal , with a share of 7.5 percent , was the 3rd destination of Spanish sales , surpassing Italy . As a provider , Portugal retains 8th position from the previous year , with a share of 3.9 percent of the total .

A monthly review in December imports from Spain originated in our country increased by 13.2 percent and exports to Portugal 36.9 percent , compared to December of 2012. This significant increase in Spanish exports is due to the automotive sector .

Evolution of purchases by product

It should be noted that the total increase of EUR 1,121 million recorded in Spanish imports of Portugal , 715 million ( approximately 64 percent) were due to purchases of energy products , mainly oil and derivatives . Energy products accounted for about 11 percent of total Spanish imports from Portugal in 2013 , having grown by almost 200 percent over the previous year .

Among the main products imported from our country in the period under review also highlighted the following positive developments :

? Manufactures consumer ( includes textile and confection , footwear , toys , jewelery , leather goods , pottery and other consumer products ) represent 16.8 percent of the total, having recorded an increase of 12.8 percent ( 187 + EUR million ) ;

? Semi-manufactures : 23.2 percent of the total, registered a growth of 5.1 percent ( + EUR 110 million ) .

? Food : represent 17.4 percent of the total and grew by 6.9 percent ( + EUR 110 million ) ;

? Automobile sector: 9.8 percent of the total, registered a growth of 10.4 per cent ( + EUR 90 million ) ;

Evolution of purchases by Autonomous Communities

At the level of the Spanish Autonomous Communities , in 2013 , the main customers were Catalonia ( 18.6 per cent) , Galicia ( 17.9 percent ) , Madrid ( 15.5 percent ) and Valencian Community ( 10.5 percent) .

For its part , the main suppliers of Portugal , were the Communities of Catalonia ( 20.8 per cent) , Madrid ( 17.3 percent ) , Galicia ( 13.7 percent ) and Andalusia ( 11.3 percent ) .

It is worth noting the significant increase of purchases to our country of Catalonia ( +25 percent) , which happens to be our first customer in 2013 ( with ? 1,829 million) and also the Valencian Community ( + 45 percent ) , our 4th client ( with EUR 1,028 million ) . These increases are primarily attributable to the fact that these communities are situated the main ports of access to energy products .

Also noteworthy are the following developments in purchases Portugal :

Galicia EUR 1,759 million (+5.5 % )
Madrid EUR 1,524 million ( +5.1 % )
Andalusia EUR 869 million ( +4.5 % )
Extremadura EUR 456 million ( +48.4 % )

Castilla y León EUR 538 million ( -3.6 % )
EUR Castilla - La Mancha 327 million ( -3.8 % )
Basque Country of EUR 318 million ( -2 % )
Aragon 316 million euros ( -8.5 % )

In summary, the substantial increase of trade with Spain denotes recovery , albeit tenuous , the economies of the two countries , based largely on the external sector .
In the case of Portuguese exports to Spain is remarkably direct correlation between the most dynamic export sectors ( consumer goods, capital goods , foodstuffs and automotive sector ) and a substantial increase of Spanish exports . This is due to the level of deep integration of the two economies in terms of value chains and / or supply businesses.