Browse Data and Analysis

The drought in Andalucía is anticipated to prevent further expansion of Spain’s cotton area in MY 2023/24. Irrigation water allocation will be critical for farmer’s planting decisions, and temperatures and pest incidence during the summer months will also determine final yields.

In 2022, Spain imported $2.1 billion worth of agricultural, seafood and forest products from the United States, up 27 percent compared to the previous year. After high rates of consumer price inflation in 2022, the latest European Union economic forecast shows Spain’s economic growth forecast at 1.4 percent in 2023 and 2.0 percent in 2024.

The European Parliament ruled that each Member State (MS) will be able to decide the use of GMOs in their territories.

In (FY) 2014, Spain imported $2.2 billion of agricultural, fish and forest products from the United States, up 19 percent compared to 2013 and the highest import figure on record.

Spain is expected to grow modestly in 2014. The growth in exports, foreign investment and a better performance in the tourist sector are the basis of the economic recovery.