Spanish exports hit a record €34.3 bn in April, defying war‑related declines in Asian and Near‑Eastern marketsExecutive summary: Spanish exports reached a record €34.3 bn in April, up 5.8% YoY, despite a drop in sales to Asia and the Near East caused by the war. The result shows the resilience and diversification of Spanish external demand, which can support the euro‑area trade balance and boost domestic investment in export‑oriented sectors. Spanish exporters, the Ministry of Economy, foreign buyers in the EU, Americas and other regions, and the war‑affected Asian and Near‑Eastern markets. Monitor May export data for continuity; watch for possible government support measures for sectors hit by the war; assess any impact on the euro‑area current account.Spanish exports rose 5.8% year‑on‑year to €34.3 bn in April, even as shipments to Asia and the Near East fell because of the ongoing war. The growth was driven by stronger sales to other regions, indicating that Spanish exporters are successfully diversifying their markets. This performance suggests resilience in Spain’s external demand and points to a potential improvement in the country’s trade balance.Connected developmentsSabadell apuesta por el dividendo para ganarse a los accionistasLa nueva era de la fiscalidad: de la gestión del riesgo al valor estratégicoEl blindaje del 'compliance' tributarioOpen the full case file on Beyond →
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