25% of production is exported outside the Spanish state and 15% is destined for other autonomous communities. Only 7.5% is consumed directly.
M.D. | EITB media
The most important destination of industrial production of the Basque Autonomous Community is a different industry, due to its complex value chains in which numerous industrial processes are interwoven before the final product is created.
In general, that company is in the same CAV. In fact the 50% of production goes to other economic activitynormally industrial, within the same autonomous community.
40% of production goes abroad: 15.5% to other markets within the Spanish stateand the 24.5% is exported outside the Spanish borders.
The two main destinations for Basque exports are France And Germanyboth in the BAC and in Navarra. Two-thirds of industrial exports are concentrated in ten markets, but both France and Germany are sent there more than 15% of the production of both communities.
The rest of the markets are in the EU (Italy, Belgium, Portugal, Netherlands, Poland and Sweden), but the United States, the United Kingdom and, in the case of the CAV, Mexico also feature in the top positions.
The typology of the Basque industry means that there is only one 7.5% of what the industrial companies of the CAV produce is for the final consumption in Euskadi.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
