On July 1, a decree came into force that will allow the export of Spanish fruit to China through the train that connects Madrid with the Chinese city of Yiwu, and which will give a new opportunity to agro-food products affected by the commercial veto imposed by Russia since 2014.
In the framework of a working meeting between the Councillor of Employment, Universities, Business and the Environment, Javier Celdrán, and representatives of the Association of Producers and Exporters of Fruits and other Agricultural Products (Apoexpa), Celdrán stressed that the reopening of the Russian route to China could allow regional agro-food exports to the Asian country to increase by up to 10%.
According to the Councillor, the reopening of the Russian borders is giving regional Spanish producers an important competitive advantage, as they now have a way to reach China that is faster and cheaper than maritime transport, and with similar schedules to those achieved with air transport.
At present, China is the largest world economy in terms of Gross Domestic Product (GDP), as well as the second largest importer in the world. The Region of Murcia's exports during the first four months of the year were worth 119.59 million Euro, which represents an increase of 101.6% over the same period of the previous year.
So far this year, the agro-food sector's exports have reached a value of 22.41 million Euro, which entails an increase of 27.34% over the first quarter of last year, and of 204.8% over the year 2015, when the value of those sales stood at 7.35 million Euro.
In the last five years, the value of agro-food product exports to the Chinese market has increased by 232%, from 16.09 million Euro in 2014 to 53.42 last year.