Economy

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Workers loading pallets of citrus fruit for first shipment to Russia from Valencia-based Torres & Schuback. Photo: EFE/Rubén Francés. (EFE)

In the first half of 2017, Spanish exports totalled 140,876 million euro, growing 10% over the previous year and hitting a new record high.

July came to a close with 5.6 million tons handled – 23% more than the previous year. Moreover, the total for 2017 so far is 34.4 million tons, which is 19% higher than the same period in 2016.

Spanish automotive industry: leaders in productivity and competitiveness

The Spanish automotive industry is second in terms of output and the third most competitive in Europe, says the Automotive Industry Agenda published by Anfac, Sernauto and KPMG.

Spain, fourth in terms of TV formats

A report by Deloitte disclosed by Televisión Abierta places Spain fourth worldwide and second in Europe in terms of TV format exports.

Ten years of Spanish-Arab economic relations

On the occasion of its 10th anniversary, Casa Árabe organised a business workshop to discuss Spanish-Arab economic relations during the past decade.

Spanish olives conquer the American market

With more than 600,000 tons a year, Spain is a global leader in the production and export of olives.

Spain gains positions among investors

Our country keeps climbing up the ladder of the Foreign Direct Investment Confidence Index: two positions since 2016 and six since 2015, when we were 17th. The countries standing atop the ranking are USA, Germany and China.

Spain analyses business opportunities in China

Casa Asia, the Leading Brands of Spain Forum and the Chinese entrepreneurial platform Zhisland organised ‘Special Economic Zone of Zhengzhou-Xinzheng’, a seminar to discuss export opportunities from Spain to the area with the largest trade volume in China in 2016.

Spain and Mexico: 40 years of diplomatic relations

Stronger relations with Mexico for the Government of Spain and Spanish multinationals mean greater investment and more business contracts.

www.hellospain.cn is a website written in Mandarin to promote Spain as a tourist destination among Chinese outbound travellers.

A site written in Mandarin, www.hellospain.cn, has been launched to strengthen Spain’s position as a travel destination in China. The timing is perfect, as flights on the Spain-China route are being increased as a result of growing demand from leisure and business travellers.

Wine tourism in Spain rises by 21%

In 2016, the wineries in Wine Routes of Spain welcomed 2,714,409 visitors – 471,469 more than the previous year, says the annual report published by Spanish Wine Cities Association.

International tourists spend more in Spain

International visitors to Spain spent 13,655 million euro in the first quarter of 2017 – 13.2% more than in Q1 2016. Their average daily expenses amounted to 141 euro, 7.1% more than in March 2016.

Foreign investment grows by 22% in Spain

In 2016, foreign direct investment rose to 28,821 million from 23,283 million euro, placing Spain among the top eight OECD countries.

Spanish fashion industry: more than 400 million euro

According to ‘Spanish Fashion Design in Figures’, a report by the Spanish Fashion Designers’ Association, the sector accounts for 5600 jobs in Spain.

Spain, international leader in business tourism

Spain occupies the fourth position worldwide for the number of business events held in the country, 572 in 2015, which generated a revenue of over 5 billion euros.

The world says ‘I do’ to Spanish bridal fashion

With the production of over 750,000 wedding dresses per year, Spain is the world’s second-ranked country when it comes to exporting bridal fashion.

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