Spain: Retail Foods
In Fiscal Year (FY) 2014, Spain imported $2.2 billion of agricultural, fish and forest products from the United States, up 19 percent compared to the previous year and the highest import figure on record. Spain is expected to end 2014 with a modest growth with some positive sectors such as Foreign Direct Investment, exports and tourism. The retail food sector is adapting to the new trends of the consumer’s shopping habits. However, even in an adverse financial situation the retail food sector is proving to be very dynamic in order to overcome the obstacles faced by the sector. As the consolidation and maturity of the retail food industry continues, medium and long- term opportunities continue to arise for U.S. exporters.
