Spain: Retail Foods
In Fiscal Year (FY) 2017, Spain imported $1.7 billion worth of agricultural, fish and forest products from the United States. As Spain maintains its economic recovery in 2017, the retail sector continues to consolidate its position and importance in the country. The Spanish economy is expected to continue to grow at a moderate pace, continuing the post-crisis expansion, the recovery of consumers’ confidence and the increasing spending, though the years of economic recession still have an influence in consumers’ behavior. The sector will need to adjust once again to this new reality, where new opportunities will likely arise for U.S. exporters.
