The new year starts without symptoms of improvement in one of the traditional engines of the Valencian economy, exportsto the point that The commercial balance of the Valencian Community was in January in Negative and threw a light deficitexceeding the volume of what is imported, with a total of 3,095.3 million euros, to which it was sold abroad, with 3,094.6 million euros.
Although they are minimal figures, it is a reflection of a trend that already accumulates two years of exports falls. And that is maintained, since the Valencian Community has started the year with A decrease of 3.3% Export interannual in January. On the other hand, imports have grown by 16.7%, compared to the 6.2% rise in the rest of the country (35,973.3 million euros).
The most accused descent of exports is again that of the Automobile sector, that seems not to touch a roof with A new 36.8% reduction. It must be remembered that in January last year Ford Almussafes still maintained the production of the Transit van.
It is followed by the fall of 36.6%of exports of energy products and also lower exports of equipment goods (-4.2%) and chemicals (-3.3%).
The food and drinking sector continues to gain weight as the main exporter, with a 30% share and an increase of 11.1% of exports.
By provinces, Castellón has led the decrease in exports, with a 8.7% drop that places it at 742.5 million euros. Valencia follows with a decrease of 6.7% (742.5 million), although Alicante has experienced an increase in exports of 16.9% (623 million).
On the opposite side, exports of raw materials have experienced an increase of 30.1% and have reached 86 million euros and consumer manufacturing exports have regained 14.7%, with 297.8 million euros.
The destinations
73% of the Valencian Community exports were destined for Europe, where has registered a 4.2% decrease. Specifically, within this market, exports to the EU (60.6% of the total) have declined 3.8% and have been at 1,876.4 million euros.
France has been the main destination of exports to Europe, with a decrease of 5.5% in operations (405.1 million euros). It is followed by Germany, where exports have risen 7% to 402.7 million euros, and Italy, with a drop of 11.8%.
Valencian exports to America have fallen 16.9% and have been completed by 373 million euros. The US marketthe most weight on this continent, has noted a decrease of 16.4%. Exports to Latin America have also dropped, in 12.7% (125.4 million euros in total).
However, exports to Asia have grown by 21.8% in January. China, as the main country of destination, has meant a rise of 49.7% of exports, which have been 51.4 million euros. Exports to the Middle East have risen 7.4% and have been 95.2 million euros.
Finally, exports to Africa have increased by 11.3%, which have meant 184.6 million euros, and the exports to Oceania, which have been 19.1 million euros have been lowering.
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