Over the last 20 years, Galician exports have grown at a steady rate with an annual accumulated average growth rate of 8.22%, 2.40 points higher than the rate for Spain as a whole. In 2017, the volume of exports from Galicia amounted to 21,676 million euros, with imports standing at 17,140 million euros.
Coverage Rate
Year | Galicia | Spain |
1997 | 90.97 | 85.34 |
1998 | 85.24 | 81.27 |
1999 | 91.08 | 75.34 |
2000 | 93.29 | 73.27 |
2001 | 98.91 | 74.94 |
2002 | 104.29 | 75.71 |
2003 | 97.40 | 74.86 |
2004 | 95.52 | 70.71 |
2005 | 88.81 | 66.37 |
2006 | 93.43 | 64.88 |
2007 | 103.21 | 64.91 |
2008 | 101.57 | 66.77 |
2009 | 106.02 | 77.57 |
2010 | 108.85 | 77.81 |
2011 | 124.96 | 82.23 |
2012 | 111.30 | 87.86 |
2013 | 128.33 | 93.62 |
2014 | 122.99 | 90.75 |
2015 | 125.25 | 90.91 |
2016 | 128.58 | 93.14 |
2017 | 126.46 | 91.80 |
Galicia’s contribution to Spanish exports has grown at a steady rate over the last few years, rising from 4.75% in 1990 to 7.82% in 2017, at a slightly higher rhythm than imports.
The Galician foreign trade coverage rate rose in 2017 by 126.46%, exceeding the total for Spain as a whole by 34.66%.
EXPORTS | IMPORTS | COVERAGE RATE | ||||||
Year | Galicia | Spain | % | Galicia | Spain | % | Galicia | Spain |
s/Spain | s/Spain | |||||||
1990 | 1,608.63 | 33,841.71 | 4.75% | 2,293.73 | 53,482.28 | 4.29% | 70.13% | 63.28% |
1995 | 2,383.16 | 68,152.46 | 4.96% | 3,847.75 | 84,782.97 | 4.54% | 87.93% | 80.38% |
2000 | 8,298.58 | 124,177.34 | 6.68% | 8,895.69 | 169,468.19 | 5.25% | 93.29% | 73.27% |
2005 | 12,066.66 | 153,558.99 | 7.86% | 13,586.75 | 231,371.57 | 5.87% | 88.81% | 66.37% |
2010 | 14,911.91 | 186,780.07 | 7.98% | 13,699.69 | 240,055.85 | 5.71% | 108.85% | 77.81% |
2017 | 21,676.25 | 277,125.73 | 7.82% | 17,140.82 | 301,870.06 | 5.67% | 126.46% | 91.80% |