Aragon’s foreign sales increase by 3.9% in the first half of the year

Aragonese exports in the first half of 2024 have reached 8,880.10 million euros, which represents a year-on-year increase of 3.9%, in contrast to the 2.4% drop recorded in the country as a whole. As regards the month of June, the value of the community’s foreign trade has amounted to 1,508.10 million euros.

This is evident from the data released this Monday by the Ministry of Economy, Trade and Enterprise. In relation to the month of June, while in Spain there has been a 3.0% annual decrease, in the whole of Aragon the registered reduction is 2.9%.

Regarding the total imports from Aragon in June, these decreased by 10.5% year-on-year, reaching a value of 
1,375.9 million euros, while in the national aggregate, purchases from abroad registered a negative year-on-year variation of 7.3%. With this, the figure for accumulated regional foreign purchases between the months of 
January and June reached a value of 8,568.5 million euros, which represents a year-on-year decrease of 8.5%, compared to the negative figure of 2.5% annually recorded by Spain as a whole.

The breakdown of foreign trade figures by main sectors shows how the most dynamic activities in foreign sales of the Autonomous Community during the month of June 2024 were those related to the automobile sector (with an export value of 439.1 million euros, representing 29.1% of the total), food , beverages and tobacco (with an export value of 327.3 million euros, representing 21.7% of the total) and capital goods (with an export value of 210.5 million euros, representing 14.0% of the total).

Regarding imports into Aragon, the productive sectors that showed the highest figures in the same month were the following: capital goods (with an import value of 383.2 million euros, representing 27.9% of the total), consumer goods (with an import value of 298.5 million euros, representing 21.7% of the total), and the automobile sector (with an import value of 282.9 million euros, representing 20.6% of the total).

As a result of the evolution of trade flows so far in 2024 (accumulated up to June), Aragon has recorded a trade surplus of 311.5 million euros, which contributes to offsetting the Spanish trade deficit accumulated in the first half of the current year, which amounts to 15,822.5 million euros.

Finally, the coverage rate in Aragon for the year to date stands at 103.6%, more than eleven points above the Spanish average (92.5%).