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Spain: Increasing foreign investments in food sector

Foreign direct investments in the Spanish agrifood sector significantly increased during 2015 up to €1,892 million, the highest number in the last five years.

This figure represents 28% more investments than in 2014, and thus last year ended the significant declines that had been occurring since 2010. However, the reached amount remains far from the record of €2,817 million in 2010.

Nearly 63% of the €1,892 million went to investments in the food industry; another 24.4% went to the manufacture of beverages, and another 11.6% to the agricultural and livestock sector.

France accounted for 27% of total foreign investments, followed by Uruguay (23%), Mexico (18%), the Netherlands (15%), UK (6%) and Italy (3%).

As regards Spanish investments abroad, the downward trend observed since 2007 continued, reaching only €698.2 million in 2015 (-42%). Only 2.6% of the total Spanish investments abroad accounted for food sector investments.

In 2015, Spanish agrifood investments abroad continued mainly destined to third countries (66.4%). The main destination was Uruguay (50% of total non-EU countries), followed by Italy (18%), France (11%), Brazil (5%), Panama (4%) and Austria (3%)

Source: qcom.es / Agroberichten Buitenland
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