October exports increase 8.8% on last year’s figures to €7.1 billion

So far in 2021, Catalan sales abroad were worth €66.2bn, a 22.9% increase compared to the same period last year

Shipping containers at the Port of Barcelona, March 3, 2021 (by Aina Martí)
Shipping containers at the Port of Barcelona, March 3, 2021 (by Aina Martí) / ACN

ACN | Barcelona

December 17, 2021 10:57 AM

Catalan exports increased by 8.8% in October compared to last year’s figures, with sales abroad totaling €7.1bn according to figures released by Spain's Industry, Commerce and Tourism Ministry on Friday.

Despite a lower increase than that seen in previous months, August (23.2%) and September (18.3%), sales levels are higher than before the Covid-19 pandemic. In October 2019, exports were worth €7bn. 

Catalonia remains the territory in Spain with the largest volume of exports in October - 24.8% of the total ahead of Galicia's 12.8% and Madrid's 11.7%. 

In the first 10 months of 2021, Catalan exports were worth €66bn, a 22.9% increase on the same period last year, and a 6.5% increase compared to 2019. Catalonia's sales also accounted for most of Spain's exports - 25.6% - from January to October 2021. 

Figures per sector

The chemical sector once again tops Catalonia's charts, accounting for over €2.1 bn in exports in October, which is a 16.7% growth on October 2020 figures. 

Capital goods, meanwhile, were the second-most important export: €1.1 bn, 6.7% more than the same month a year earlier. 

Food and drink products and tobacco accounted for €1.025 bn in sales abroad in October, 4.7% more than 12 months prior.  

Approaching a new record in exports

With only two more months to count regarding international sales in 2021, Catalonia is well-positioned to achieve a new record. 

In 2019, Catalan exports reached the highest figures ever for the ninth successive year, with sales abroad accounting for €73.8 bn, according to figures published by the state industry ministry on February 20, 2020.

The rise in exports was a 3.1% increase over the previous year, with sales from Catalonia making up some 25.5% of the total for Spain as a whole, which all together came to some 290 billion euros, or 1.8% more than in 2018.

Pandemic stopped the record trend

Covid-19 prevented 2020 to be the 10th consecutive year of record-breaking export figures in Catalonia, as they dropped by 10.3% on 2019.

During 2020, Catalonia sold products abroad for €66.265 billion, 10.3% less than the previous year. The first half of 2020 alone saw export figures drop by 17%.