Imports in value in the Canary Islands until May 2024 recorded a drop in 9,4% about 2023

23 Jul Imports in value in the Canary Islands until May 2024 recorded a drop in 9,4% about 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Por otra parte, y también provisionalmente, el total de exportaciones es de 1.483,257 millones de
euros and the rate of variation with respect to 2023 es del 5,8%. The trade deficit reaches 6.677,360
millones de euros y la tasa de cobertura, which is calculated as the quotient between the total of
exports and imports, take the value 18,2%.

Un 29,9% of imports made in May 2024 were machinery and equipment
transporte. Imports of food-related products also stand out. (20,9%)
and various manufactured articles (14,4%). El 69,2% of imports came from the rest
from Spain, mientras que el 19,5% were made from the rest of the EU-27_2020. El 89,7% they proceeded
from the whole of Europe.

En cuanto a las exportaciones, el 41,0% corresponded to oil and its derivatives, el 12,4% a
products related to food and 12,3% to machinery and transport equipment. El 25,9%
of exports were destined for the rest of Spain, el 38,2% the rest of the EU-27_2020,
el 67,2% Europe and other 7,5% Africa.

Source:: Noticias Económicas de Canarias