Trade | 3/20/2024

Foreign investment in Spain reached 28.22 billion euros in 2023, reaching the average of the last five years

Foreign investment in Spain aimed at enhancing productive capacities and employment has grown by 12 per cent compared to 2022, at 5.68 billion of euros The sectors that received the most investment were wholesale trade, telecommunications, electricity and fuel. In regard to countries, the United States was the first issuer of investment flows to Spain (28.9%), followed by the United Kingdom (13.1 per cent), Germany (10.6 per cent) and France (9.2 per cent). Investments from other countries, such as Australia, Switzerland, Canada and Mexico, increased in importance, therefore demonstrating the diversification of confidence in the Spanish economy. Spain is incredibly attractive for international investors, consolidating an investment attraction of around 30 billion euros annually, compared to 20 billion euros 10 years ago, in 2014.

Trade | 3/11/2024

Spain strengthens its commercial and business alliances with Brazil and Chile

The President of the Government of Spain has undertaken an official visit to these two countries to reinforce commercial ties and investments with Latin America.The Minister of Economy, Trade, and Business, and the State Secretariat for Trade have accompanied them on this visit along with a delegation of Spanish companies to explore new business opportunities.

Trade | 3/8/2024

Commerce launches an explanatory guide for the presentation of foreign investment declarations

It gathers the latest developments introduced after Royal Decree 571/2023 on foreign investments and the recent ministerial order ECM/57/2024 that regulates the application procedures.

Women and Internationalization | 2/6/2024

Trade celebrates the 5th meeting of the 'Women and Internationalization' Working Group

An assessment has been made of the progress made during the five years of the group's activity and the initiatives to continue promoting gender equality in international trade activity.

Trade | 2/2/2024

The government renews its commitment to the Canary Islands to promote the internationalization of its economy.

The central and Canary Island governments have held the third meeting of the Advisory Board for the Strategic and Commercial Promotion of the Canary Islands (CAPECC). The CAPECC's main objective is to promote the Canary Islands' foreign trade and attract foreign investment to the archipelago. The State Secretariat for Trade and the Canary Islands Department of Economy recently renewed the annual agreement to promote the internationalization of the Canary Islands' economy, endowed with €500,000. The volume of goods exports from the Canary Islands in the period from January to November 2023 reached €2.125 billion, with the European Union and Africa standing out as the main target markets.

Trade | 1/23/2024

Spain supports a resilient European trade policy open to multilateralism in order to face the current international context.

EU trade ministers met in Brussels to discuss the priorities of European trade policy in the current international environment, with the aim of having greater strategic autonomy, as well as promoting the diversification of global value chains. Spain advocates a definitive push to close pending EU trade agreements such as those with Mercosur and Mexico in order to achieve greater diversification, to reinforce security of supply and to open up new markets for Spanish companies. The current state of the Red Sea crisis has been analysed and possible impacts on international trade are being monitored. Spain considers that one of the priorities for the forthcoming 13th Ministerial Conference of the World Trade Organisation (WTO) is to promote the reform of this organisation in order to establish the rules of the international trade game based on clear and fair rules.

Trade | 1/22/2024

Secretary of State for Trade meets Minister-President of Lower Saxony

The trade balance between Spain and Lower Saxony in the year 2022 was 1,327 million euros Spain's trade balance with Lower Saxony in 2022 was 1,327 million euros

Trade | 1/18/2024

Spanish exports maintain their dynamism and exceed 354.7 billion euros by November 2023, the second best figure in the last decade

In a context of international uncertainty, foreign trade in goods is evolving better than that of the main European economies, reflecting the competitiveness of Spanish companies and their strong positioning in international markets. Compared with pre-pandemic levels (2019), exports in the cumulative figure up to November are up 32.6% and imports are up 31.8%. The trade deficit was reduced by nearly 42% from January to November 2023, and fell to €37.158 billion, €26 billion less than in the same period in 2022. The trade deficit is down by nearly 42% from January to November 2023 and fell to €37.158 billion, €26 billion less than in the same period in 2022. In the January-November 2023 period, exports to many of our main markets, such as Germany, France and Italy, have reached record figures, as have exports to other markets such as the United Kingdom, Morocco and Turkey. The automotive, capital goods and food, beverages and tobacco sectors were those that contributed most to the annual rate of change of exports in the first eleven months of 2023, reaching a historic volume of exports. In November, the non-energy balance showed a surplus of 137 million euros.

Trade | 1/11/2024

The Minister of Economy, Trade and Enterprise highlights the strength of the Spanish economy and the attractiveness of our country for foreign investment.

Carlos Cuerpo stresses the dynamism of the labour market and the robustness of the foreign sector as two key levers for a more balanced and dynamic economy, that will in turn generate confidence in international markets. The minister highlighted the important role of the Recovery Plan for the evolution of the Spanish economy and the optimal implementation of these European funds for the transformation of the country. The government has launched a co-investment fund (FOCO) to attract foreign investment, in order to promote projects linked to the transformation of Spain's productive structure, which will be endowed with 2,000 million euros. The Secretary of State for Trade closed the 'Spain Investors Day' forum, where she explained how foreign investment in Spain has been a key element in driving the modernisation of the economy and the generation of employment. Spain ranks 13th in the world ranking of countries with the highest stock of inward foreign investment, and there are almost 20,000 foreign companies established in Spain across all sectors.

Trade | 12/27/2023

The Government earmarks nearly 2 million euros to boost commercial activity in Ceuta and Melilla

The Council of Ministers has today approved the award of a 950,000 euro grant to each of the regional cities to create programmes to boost the commercial sector. This aid will improve the competitiveness of trade in Ceuta and Melilla, generate quality employment and boost urban development. In Ceuta, discount voucher programmes will be implemented in commercial establishments to encourage consumer and tourist purchases. In Melilla, aid will be distributed to SMEs and the self-employed to help transformation at the point of sale.

Trade | 12/27/2023

The government launches the creation of a new fund with 2 billion euros to attract foreign investment in Spain in strategic sectors

The Joint Investment Fund (FOCO) will promote projects that promote the transformation of the Spanish production model, such as those linked to green energy, digital transformation, sustainable mobility, biotechnology and sustainable agriculture The Joint Investment Fund (FOCO) is one of the new financial instruments included in the Addendum to the Recovery, Transformation and Resilience Plan, whose management has been entrusted to the public company COFIDES In addition, the government reinforces aid to small and medium-sized enterprises for their internationalisation with the extension of 100 million euros more for SMEs and small export and investment projects under the Fund for the Corporate Internationalisation Fund (FIEM) Three operations have also been approved under the FIEM for projects of great interest for the internationalisation of the Spanish economy, two of them in Africa, which will boost Spanish presence and investment in this continent

Trade | 12/20/2023

Foreign investment in Spain amounted to €21.232 B in the first nine months of 2023

In the third quarter, investment increased by 54% compared to the previous quarter. Total foreign investment grew by more than 6.9% relative to the 2018-2022 average. The sectors with the highest investment were services, industry and construction. Spain is the fifth country in the world that has received the most new Foreign Direct Investment projects in the world in the January-October 2023 period.

Trade | 12/19/2023

The European Union has suspended duties on US products until March 2025

The length of the suspension is good news for EU and US producers and consumers. It is expected to come into force on 1 January 2024. The EU should continue to seek the permanent elimination of US duties on European steel and aluminium.

Trade | 12/12/2023

The retail industry gains dynamism and sales increase 6.5% through October 2023

Retail sales at constant prices increased by 4.5% year on year in October 2023. The number of contributors to Social Security in the retail industry reached 1,917,989 in November,  a historic high for this month. The retail trade sector is an important source of employment for women; 62.9 % of workers are women. All retail industry indices have improved: sales, employment and confidence indicators.

Trade | 11/22/2023

Council and European Parliament approve regulation to protect EU from economic coercion by third countries and extension of trade preferences for developing countries

Two important legislative acts in the field of common commercial policy are signed in Strasbourg.

Trade | 11/20/2023

Trade rewards the Spanish business sector's effort and innovation in its digital transformation

Xiana Méndez handed out these awards which recognise technological solutions driven by the retail sector to improve its competitiveness

Trade | 11/17/2023

Spanish exports as of September exceed €287.5 B

The trade deficit was reduced to €29.596 billion in the January-September period. The sectors which contributed positively to the year-on-year growth rate for exports from January to September 2023 were the automotive, equipment and food, drink and tobacco industries. The autonomous communities with the greatest growth in exports in the period were Castile and León, Catalonia and La Rioja. Héctor Gómez: The dynamism of Spanish exports compared to imports means the trade deficit has fallen by up to 44%. One of this Government's priorities has been to strengthen and increase our exporting companies and to make Spain an attractive country for foreign investment.

Trade | 11/15/2023

Africa, full of opportunities for Spanish companies

The State Secretariat for Trade has updated its ‘Horizonte África’ strategy to increase the presence of Spanish companies and promote investment in the African continent. Trade relations between Spain and Africa have increased: Spanish exports to this continent have exceeded €21 B in the past year. Over the three years this strategy has been in place, 56 transactions financed by the FIEM (Fund for International Expansion of Business) have been approved.

Trade | 11/14/2023

The Ministry of Industry, Trade and Tourism and the European Commission analyse tools for accessing international markets

A new edition of "Market Access Day" is being held in Madrid.

Trade | 11/14/2023

Spain contributes €2 million to the WTO's Fisheries Financial Mechanism

Héctor Gómez, Minister of Industry, Trade and Tourism: Spain, as a leader in production and fishing tradition, demands to know that the product consumed does not come from illegal practices. The Secretary of State for Trade, Xiana Méndez, presented the Spanish contribution to the WTO Director-General, Ngozi Okonjo-Iweala.

Trade | 10/31/2023

The Spanish Secretary of State for Trade discusses the Middle East situation with the Spanish business sector

The Spanish Secretary of State for Trade has met with companies to provide information on the current state of international trade in this region

Trade | 10/27/2023

EU members discuss boosting trade in environmental services to combat climate change

Madrid has hosted the Informal Meeting of Experts from the EU Services and Investment Trade Policy Committee. During the Committee's investment session, experts discussed the future of investment protection agreements.

Trade | 10/25/2023

Spanish trade representative participates in the World Trade Organisation Senior Officials' Meeting

The aim of the meeting is to move work forward in the run-up to the forthcoming 13th WTO Ministerial Conference.

Trade | 10/24/2023

Aid of up to 28,000 euros to assist SMEs with their internationalisation

Through the International Mentoring part of the programme set up by the Secretary of State for Trade through the Spanish Chamber of Commerce and financed by Next Generation Funds. SMEs involved in the programme will put together an Internationalisation Plan with the help of a mentor from a large company.

Trade | 10/23/2023

The Council has adopted a regulation to protect the EU from economic coercion by third countries

The new legislation, known as the Anti-Coercion Instrument (ACI), seeks to act as a deterrent and, ultimately, to facilitate the adoption of response measures by the EU to defend the interests of the EU.

Trade | 10/23/2023

Three- and 12-month export prospects are favourable

The evolution of external demand and international competition in terms of quality stand out as the factors with the greatest influence on export activity. The Synthetic Indicator of Export Activity (SIEA, Spanish acronym ISAE) for the third quarter of 2023 stands at -5.3 points.

Trade | 10/20/2023

EU trade ministers advocate for trade openness and greater economic resilience

During the Informal Meeting of Trade Ministers for the European Union (EU), held in Valencia, a pledge was made to move towards economic security in which free trade agreements play a key role. Héctor Gómez: "We have laid the foundations for ensuring greater security and confidence in international markets. We still need multilateral order based on clear trade rules. Europe must be at the forefront of the fight against protectionism and economic unilateralism”. The Ministers from the 27 Member States have agreed to develop a comprehensive approach that promotes economic resilience of the European Union.

Trade | 10/19/2023

Spanish exports grow by 1.8% up to August and reach more than 250 billion euros

The trade deficit was reduced to 25.758 billion euros during the first eight months of the year. Exports in the automotive, capital goods and food sectors continue to perform well. Héctor GómezThe reduction of the trade deficit is very good news for Spanish trade; the country must continue to work to become more and more competitive..

Women and Internationalization | 10/10/2023

ICEX and Red.es launch a new edition of the programme "DESAFÍA San Francisco"

The preparatory day was attended by the Secretaries of State for Trade and for Digitalisation and Artificial Intelligence, as well as the CEOs participating in the programme The challenges, risks and lessons of internationalisation as an element of scalability for Spanish technology start-ups were analysed

Trade | 10/10/2023

Retail sales at constant prices increase 7.0% year on year in August

The average number of Social Security affiliates increased by 1.3% year on year in September 2023 to 1,937,647 Registered unemployment in retail trade decreased by 6.5% year-on-year in September 2023 Spain's retail confidence indicator is higher than that of the main European economies

Trade | 10/6/2023

International Cocoa Organisation (ICCO) elects Spain's Rafael Soriano Ortiz to chair its International Council

Recognition for the active role of the EU and Spain in international trade of this product

Trade | 10/6/2023

EU Council Group on 'Export Credits' meets in Madrid

Experts discussed the market situation, recent and expected regulatory changes, as well as the future of a European strategy on export credit. With participation from the Spanish Secretary of State for Trade and the Director General for International Trade and Investment.

Trade | 10/5/2023

Oman Investment Authority and COFIDES agree to set up the Spain Oman Private Equity Fund (SOPEF) II

Both entities are extending their collaboration following the successful outcome of the first fund, created in 2018, which represents a total aggregate amount of 300 million euros for boosting the internationalisation and expansion of Spanish companies in agreed target markets.

Trade | 9/28/2023

Sovereign wealth funds grow by 11% to $11.6 trillion by 2022

The sectors in which sovereign wealth funds have diversified; they are now more evenly distributed across technology, industrials, real estate, financials and healthcare Sovereign wealth funds are shifting their investments from conventional oil-related industries to green technologies There were 376 deals in 354 unique transactions, with an investment value of USD 95.2 billion in 2022

Trade | 9/28/2023

EU-Japan agreement adds 9 more Spanish protected geographical indications

With this new extension, Spain now has a total of 42 protected geographical indications

Trade | 9/25/2023

Cesce launches its new coverage to facilitate the acquisition of essential raw materials by Spanish companies operating internationally

Through Direct Guarantee or Bank Guarantee policies, Spanish companies operating internationally can acquire essential raw materials for their industrial activity under better conditions (lower prices and longer contracting terms) Fernando Salazar, president of de Cesce: The new coverage fits in perfectly with our strong commitment to promoting the success of all Spanish companies and the internationalisation of the Spanish economy.

Trade | 9/21/2023

Spanish exports grew by 3.3% as of July and exceeded €230 billion

The trade deficit was reduced to 21.32 billion euros in the period from January to July The automobile industry, capital equipment and food sectors performed especially well in terms of exports

Trade | 9/20/2023

Spain welcomes the meeting of the Informal Working Group on Export Controls

Consisting of France, the United Kingdom, Germany, Italy, Sweden and Spain

Trade | 9/19/2023

Cesce launches a line for export operations to Ukraine

The new coverage, which has been allocated 30 million euros, will be awarded through Cesce's Supplier Credit Insurance Policy, aimed at insuring Spanish exporting companies against the risk of default or termination of the agreement by its foreign customer

Trade | 9/14/2023

Trade recognizes the work of individuals, associations and companies for their support of Spanish business

In three categories: domestic trade, foreign trade and women and internationalisation

Trade | 9/12/2023

The Japanese trade aid programme to strengthen the business sector will mobilize 313 million euros

A total of 356 projects submitted during the three calls made from 2021 to 2023 will receive support from Next Generation EU The grants will go to three courses of action for sustainable urban markets, sustainable markets in rural areas and strengthening the commercial sector in tourist areas

Trade | 9/11/2023

Retail sales at constant prices increased by 7.7% in July 2023

The number of Social Security affiliates increased by 1.3% year on year in August 2023 to reach 1,977,177 Registered unemployment in the retail trade fell by 6 per cent year on year in August 2023

Trade | 8/25/2023

State Secretary for Trade present at the Trade and Investment Ministerial meeting in Jaipur

Spain supports an open, fair international trading system based on multilateralism

Trade | 8/17/2023

Spanish exports peaked and grew by 4.7 per cent in the first six months of 2023

The trade deficit fell by nearly half to 16.420 billion euros in the first semester compared to 31.963 in the same period last year. The energy balance revealed a surplus of 285 million euros Héctor Gómez: Foreign trade is one of the engines of our economy, and Spanish companies are notable for their competitiveness, quality and innovation

Trade | 8/11/2023

Competitiveness in the Spanish economy increases in the second quarter of 2023

Improved competitiveness vis-à-vis the Spanish UE-27 and OECD

Trade | 8/10/2023

Retail sales increased by 6.8% in June 2023

The number of Social Security affiliates increased by 1.1% in July 2023 to reach 1.977.797, a historic peak in any month Registered unemployment in the retail trade declined by 5.6% year on year in July 2023, to the lowest unemployment figure of the series Héctor Gómez This is a very positive news, which highlights the good health and strength of our internal market and the overall economy

Trade | 7/26/2023

Cunext Group signs a Syndicated Loan in the framework of its Strategic Investment Plan for Córdoba

The CESCE state account offers coverage through its innovative "Strategic Investment Policy for Internationalisation"

Trade | 7/21/2023

Trade leads a Spanish business mission to support reconstruction in Ukraine

Xiana Méndez: Spanish companies are committed to Ukraine, and will play an important role in its recovery

Trade | 7/21/2023

EU Member States give the Commission the green light to negotiate an agreement on critical minerals with the US

The agreement will strengthen the international supply chain for critical minerals, a key sector for the ecological and digital transition. The objective is to grant European suppliers of essential minerals the same treatment as American suppliers when obtaining certain subsidies within the framework of the Inflation Reduction Act (IRA).

Trade | 7/20/2023

The Council renews and broadens temporary trade liberalisation measures with Moldova

The regulation will temporarily suspend all tariffs and contingents in force in the European Union on imports from Moldova for one year

Trade | 7/20/2023

The spanish exports increased by 6.4% until may record levels,

The trade deficit has continued to decline to 47 per cent in the first five months of the year The autonomous communities with higher growth in their exports were castile and Leon, La Rioja and Catalonia Héctor Gómezthe strength of spanish companies exporting their good positioning in international markets make them more dynamic exports and imports.

Trade | 7/18/2023

COFIDES is designated as one of the sovereign investors with best practices in governance and sustainability worldwide

It took fifth position out of a total of more than 200 public investors from around the world and first position at European level. It was the institution with the third-highest level of annual return in 2022.

Trade | 7/17/2023

The Ministry of Industry, Trade and Tourism is looking for the best technological ideas for revitalizing the retail trade

The prizes are worth €34,000, to be shared between the four winning ideas Deadline for entries is 14 August 2023

Trade | 7/14/2023

The eu is taking the next step in the wto against us tariffs on spanish olives

The objective of the enforcement procedure is initiated claim to Us to comply with the judgement of the wto Panel and to eliminate unwarranted their tariffs on black olives in spain.

Trade | 7/7/2023

SMEs can opt for €20,000 in aid for international certification of their products and services outside the EU

This is the first line of action of the Secretary of State for Trade's Internationalization Mentoring and Support Program launched by the Spanish Chamber of Commerce. The goal is to provide exporter SMEs with access to new markets and clientes to reduce regulatory risks The programm is funded Next Generation Funds under the Plan for Recovery, Transformation and Resilience

Trade | 7/6/2023

Spain is gaining market share in attracting foreign investment and is situated at the 12th position at the global level

Spain raised five posts in the list of destinations of foreign direct investment and received $35 billion in 2002 Spain is the third european country that received more foreign investment in the past year

Trade | 7/4/2023

Government modernises investment regulations, strengthening legal certainty for investors and companies

This new Royal Decree ensures that investment control regulations are applied in a clear and predicable manner, in accordance with the principle of legal certainty Héctor Gómez: Attracting foreign investment to Spain has been instrumental in advancing the modernisation of the economy and creating productive, stable and high-quality employment

Trade | 6/30/2023

Trade hosts the "Second Economic, Commercial and Industrial Dialogue" between Spain and Japan

The Secretary of State for Trade and the Japanese Minister of Economy, Trade and Industry signed an agreement to drive business and trade relations between the two countries

Trade | 6/27/2023

Commerce presents its priorities for the upcoming Spanish Presidency of the EU to the sector.

With the aim of strengthening trade relations with Latin America, Spain will push to accelerate the closing of the Chile, Mexico and Mercosur agreements

Trade | 6/26/2023

Commerce awards the decorations of the Orders of Isabella the Catholic and Civil Merit.

Xiana Méndez: "You are a true example of the vocation of public service, collaboration, generosity and dedication."

Trade | 6/20/2023

Foreign investment in Spain up 20.3% in the first quarter of 2023

Industry tops the investment rankings Héctor Gómez: The Government's economic policy is key to generating confidence abroad, as demonstrated by the today's data. Legal certainty and solid economic growth reflect Spain strong position

Trade | 6/20/2023

European Commission announces the conclusion of negotiations of the EU-Kenya Economic Partnership Agreement

The Agreement will create business opportunities for Spanish companies on the African continent and includes pioneering commitments in the area of sustainability

Trade | 6/15/2023

Spanish exports up by 9.2% year-on-year to April, an all-time high

Trade deficit falls by 50% in the first four months of the year Héctor Gómez: In the first quarter, the deficit has halved thanks to Spanish exports

Trade | 6/13/2023

Trade allocates over 9 million euros for the internationalization of SMEs

Through the 'Mentoring and Support for the Internationalisation of SMEs' programme of the Spanish Chamber of Commerce The deadline for applications is 30 September 2023

Trade | 6/12/2023

Retail sales at constant prices increased by 5% year-on-year in April 2023

• The average number of Social Security affiliates increased by 1.2% year-on-year in May 2023 to 1,906,880

• The full report is available in this section https://comercio.gob.es/ComercioInterior/indicadores/Paginas/indicadores-comercio-interior.aspx

Trade | 6/9/2023

The Ministry of Industry, Commerce and Tourism will mobilize over 8.7 billion from the addendum to the recovery plan to strengthen PERTEs and tourism plans

For Héctor Gómez, this is the boost that will enable a giant leap forward to be made in the transformation of Spanish industry and the modernisation of our productive network Two new funds of 2.4 billion euros have been created, managed by Cofides to generate sustainable investments

Trade | 6/8/2023

Trade participates in OECD Ministerial Council Meeting

The Director-General of Trade Policy has been present at the meeting on ‘Trade policies for more resilient and inclusive growth’ Spain promotes an open, transparent and inclusive rules-based global trading system

Trade | 6/7/2023

Minister Héctor Gómez strengthens trade relations with the United States ahead of the EU presidency

The Minister of Industry, Trade and Tourism receives his US counterpart to discuss important issues such as agreements with Latin American countries, the Spanish presidency of the EU and the bilateral cooperation reached in the last visit of Pedro Sánchez to the White House Héctor Gómez: Strengthening EU trade relations with the USA will be a priority of the Spanish presidency in order to ensure economic growth and innovation in both countries   The Spanish Government appreciates the US commitment to reform the World Trade Organization

Trade | 6/7/2023

Spain-Morocco Business Meeting identifies investment and business cooperation opportunities

58 Spanish companies from the water, environment, automotive, food value chains, education, renewable energy and transport infrastructure sectors participated The Spain-Morocco Business Meeting was opened by the Secretary of State for Trade, Xiana méndez, and the Moroccan Minister of Industry and Trade, Ryad Mezzour

Trade | 6/7/2023

Council of Ministers approves the establishment of two new public funds, FOCUS and FIS, to be managed by COFIDES

The Co-investment Fund (FOCUS) will be endowed with 2 billion euros and it will aim to attract foreign direct investment in projects that promote the transformation of the Spanish productive model The Social Impact Fund (FIS) will be endowed with 400 million euros and will help to strengthen impact investment in Spain

Trade | 5/31/2023

Trade hosts 10th Spain-Kazakhstan Intergovernmental Joint Commission

Xiana Méndez: Bilateral trade has reached a record high, and Spanish exports to Kazakhstan have grown by an impressive 74%

Trade | 5/30/2023

Foreign investment in Spain increased by 4%, reaching €529.877B

Emplloyment associated with the foreign investment received increased by 2.9% Spanish investment stock abroad grew by 9.5%, surpassing €538.9B

Trade | 5/26/2023

Spain took up the Presidency of the Trade Council of the EU after Sweden

One of the objectives of the spanish presidency will be to speed up the trade agreements with Mercosur, Chile and Mexico

Trade | 5/19/2023

Cesce achieves a net profit of €75.1M in 2022 and establishes its roadmap for the coming years

Héctor Gómez, Minister of Industry, Commerce, and Tourism, attended the insurance company's Shareholders Meeting. The insurance company has recorded fourteen consecutive years of profitability, and the State's account has maintained a surplus for 27 years, according to data presented at its General Shareholders Meeting. Cesce has proven to be the most financially sound insurer among the prominent Spanish and European companies in the credit and surety insurance industry. The company sets an ambitious roadmap for the coming years with the Cesce 2025 Impulse Plan and its Sustainability Master Plan, respectively.

Trade | 5/18/2023

The trade deficit reduced by around 57 per cent in the first quarter of the year

Spain exports increased by 14.6% January-March 2023 Héctor Gómez: The figures for the first quarter of the year are very positive for exports, which is undeniably the driving force behind economic growth and the creation of jobs in Spain

Trade | 5/12/2023

Price-competitiveness of Spain's economy improved in the first quarter of 2023

To the Secretary of State for Trade, this index shows that 2023 started with new price-competitiveness gains compared to the rest of the European Union and OECD

Trade | 5/10/2023

Retail sales at constant prices increase 9.7% year-on-year in March 2023

The average number of Social Security affiliates increased by 1.1% year-on-year in April 2023 to 1,894,444, the highest figure on record for the month of April

Trade | 5/9/2023

Spain strengthens trade relations with Tunisia

In the framework of the ‘Business Meeting España-túnez’, Xiana Méndez visited the country to meet with authorities and companies for strengthening trade and investment relations

Trade | 5/8/2023

Trade allocates nearly 544,500 euros to boost the opening in foreign markets

Two new aids are announced: one for exporters and the other for geographical indications The application period is open until October 31, 2023

Trade | 4/26/2023

Spain and Brazil strengthen commercial ties through a Business Meeting

The governments of Spain and Brazil have expressed their confidence in being able to close the trade agreement between the EU and Mercosur

Women and Internationalization | 4/25/2023

Trade commits to internationalisation for women

At the ICEX headquarters a workshop was organized to strengthen the creation of a community of women in business internationalization and increase their presence in the field

Trade | 4/25/2023

First leaflet to explain the international trade quality standards for bananas

The brochure has been prepared by the Subdirectorate of Inspection, Certification and Technical Assistance from Foreign Trade, with the collaboration of ASPROCAN

Trade | 4/20/2023

Exports up to February reach a new record high with an interannual increase of 12.8%

Héctor Gómez: Trade flows remain at historical figures, which points to the excellent position of our companies in international markets The trade deficit was reduced to 2.465 billion in February

Trade | 4/18/2023

The Synthetic Indicator of Export Activity (ISAE) increases in the first quarter of 2023, amounting to 3.2 points

Improved outlook for exporting companies' current order backlog and its expected evolution

Trade | 4/14/2023

The 12th Spanish-Indian Joint Commission reinforces the trade and investment relations between the two countries

Xiana Méndez chairs the Joint Commission and participates in various business meetings to promote the presence of Spanish companies in India India is a priority trading partner and is a PASE Country (Country with Strategic Sectoral Performance)

Trade | 4/10/2023

Retail sales at constant prices increased by 3.5% year on year in February 2023

The number of Social Security affiliates increased by 0.7% year on year in March 2023 to reach 1,875,782, the largest number reached in the month of March

Trade | 3/23/2023

CESCE is financing 923.4 MW of the MacIntyre wind farm, developed by ACCIONA Energía

With its subsidiary in Australia, ACCIONA Energía is increasing its installed capacity with this 923.4 MW wind farm, which will be part of the largest wind farm in Australia and one of the largest in the world CESCE is supporting this project with a syndicated loan of 1,098 million Australian dollars from Santander, CaixaBank, Crédit Agricole Corporate and Investment Bank, HSBC, ING and J.P. Morgan

Trade | 3/17/2023

Xiana Méndez "Trade drives the economy and generates employment in our country"

The Secretary of State for Trade has mobilised €415 million between 2021 and 2023 for the transformation and improvement of the sector's competitiveness

Trade | 3/16/2023

2023 started with an increase in Spanish exports and a decline in the trade deficit

In January, exports grew 16.2% year on year to €30,921 million, reaching record levels for this month The trade deficit has fallen approximately 40% compared with January 2022

Trade | 3/14/2023

New call opened to strengthen the business sector with €107 million

In the past two years, trade has mobilized close to €208 million for 227 projects to improve commercial activity Reyes Maroto:  With these programmes the government is strengthening its support for local businesses to improve their competitiveness

Trade | 3/10/2023

Retail sales at constant prices increased by 7.1% in January 2023

The number of average Social Security affiliates increased by 0.2% year on year in February 2023 to reach 1,868,85 The full report is available on the link: https://comercio.gob.es/ComercioInterior/indicators/Paginas/indicadores-comercio-interior.aspx

Trade | 3/8/2023

Call for nominations for the 2023 National Domestic Trade Awards is now open

The deadline for nominations is open until 9 May, inclusive

Trade | 3/3/2023

The Ministry of Trade welcomes the I Spain-Uzbekistan Intergovernmental Commission which will strengthen trade and investment relations

Driving cooperation in industry and in the fields of energy, infrastructure, transport, agriculture and tourism

Trade | 2/27/2023

The Government mobilized 258 million euros in 227 projects to improve the competitiveness of the business sector

The Ministry has assigned 62% of total investments under the Recovery Plan for the period 2021-23 The four lines of state aid are aimed at sustainable markets, markets in rural areas, commercial activity in tourist areas and the Tech Fund

Trade | 2/23/2023

Xiana Méndez: The United Arab Emirates is a hub for the expansion of Spanish companies to the Middle East, Asia and Africa

The Secretary of State for Trade visited the international Gulfood and IDEX trade fairs, showing her support for Spanish companies

Trade | 2/16/2023

Spanish exports exceeded €389,000 million in 2022, reaching a record high

Reyes Maroto: Foreign trade remains a driver of economic growth and employment in our country. The Spanish exporting activity shows greater dynamism than that of all European economies together In 2022 the external sector accounted for almost half of Spanish GDP growth, contributing 2.6 percentage points The export base in Spain reached a new record high in 2022, exceeding 43,000 regular exporters for the first time

Trade | 2/10/2023

Price competitiveness of the Spanish economy improves in the fourth quarter of 2022

Spanish competitiveness improved in all geographic areas throughout the year 2022

Trade | 2/9/2023

Employment in retail trade grew by 2.2% in 2022, the highest rate of the entire series

The retail trade confidence indicator in Spain (European Commission) improved 2.9 points in January 2023 and has a positive value (1.5 points) Retail trade increased sales by 0.8%

Trade | 2/8/2023

Spain and Angola, new economic and trade opportunities for Spanish companies

The Secretary of State for Trade organized Angola-Spain business meeting "Building a future together"

Trade | 2/1/2023

The Secretary of State for Trade highlights the role of the Galician businesses and their commitment to international markets

Xiana Méndez also visited the Tui municipal market that was the beneficiary of €1.3 M from one of the grants from the line of help for markets as part of the recovery Plan