Spain

In 2020, Spain imported $1.67 billion of agricultural, fish and forest products from the United States. Outside the European Union Member States, the United States was the second largest origin of Spanish agricultural and related imports after Brazil. As one of the countries most affected by the COVID-19 pandemic's first wave in 2020, Spain's Gross Domestic Product (GDP) collapsed by a historic 10.8 percent. The latest forecast from the Bank of Spain reduced its 2021 growth projection to 4.5 percent, down from 6.4 percent, and projected Spanish economic growth in 2022 would be 5.4 percent, down from 5.8 percent. Despite the slower recovery, the Spanish market still offers opportunities for certain consumer-oriented food items, as well as long-term prospects for other products.

 

Best High-Value, Consumer-Oriented Product Prospects Category

Products Present in the Market with Good Sales Potential

Tree nuts (almonds, walnuts, and pistachios) -- Peanuts -- Pulses -- Sunflower seeds – Frozen Fish and Seafood (surimi, cod, lobster) -- Spirits (Bourbon)

Products Not Present in Significant Quantities with Good Sales Potential    

Functional and innovative health food -- Free-from products (lactose-free, gluten-free) -- Specialty and snack foods – Other nuts (pecans); Sweet potatoes -- Pet foods

Products Not Present Because They Face Significant Barriers    

Red meat and meat preparations (hormone ban) -- Poultry (sanitary procedures – pathogen reduction treatments) -- Processed food (with GMO ingredients)

U.S. Embassy, Madrid

Covers the countries of Spain and Portugal.

-34-91-587-2555

Upcoming Events

BIOFACH 2022
BIOFACH 2022
July 26, 2022 - July 29, 2022 – Nuremberg
SIAL 2022
SIAL 2022
October 15, 2022 - October 19, 2022 – Paris

Past Events

Seafood Expo Global 2022 in Barcelona
Seafood Expo Global 2022 in Barcelona
April 26, 2022 - April 28, 2022 – Barcelona
Fruit Logistica 2022
Fruit Logistica 2022
April 05, 2022 - April 07, 2022 – Berlin
ISM  2022 Cologne
ISM 2022 Cologne
January 30, 2022 - February 02, 2022 – Cologne
ANUGA 2021 in Cologne, Germany
ANUGA 2021 in Cologne, Germany
October 09, 2021 - October 13, 2021 – Cologne
Fruit Logistica 2021
May 18, 2021 - May 20, 2021 – Berlin

Reports for Spain