Figures from the Fundació Impulsa, the public-private thinktank for Balearic competitiveness and productivity, indicate that the UK accounted for 2.85% of Balearic exports in 2022.
In 2020, when the Brexit transition period was extended until the end of the year, the UK had 13% share of the Balearic export market. This fell to 5.7% in 2021 and was then halved in 2022.
Food products have been affected in particular and now take a backseat to the likes of technology. The sector which provided the highest percentage of exports to the UK in 2022 (14.9%) consisted of optical, photographic and cinematographic systems and surgical instruments. A more traditional sector - wood and cork products - maintained a healthy share of the market with 14.4%.
The EU represented two-thirds of the export market in 2022, with Germany the largest single market (17.1%) followed by France (11.1%), Italy (9.25%) and Ireland (4.96%).
Outside Europe, the US and Canada had 2.46% share and Latin America 4.68%. Something of a growth market (1.23% share) was Cape Verde, explained by increased activity by Balearic hotel chains.
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David HollandAnd how much are you paying for them?
Nigel MaudeI doubt the UK customers will find any of the fruit and veg cheaper. But more profit to the shops. That's ok to you, I believe, just as long the "apron string" is cut. Price and longer transportation is irrelevant to you too, obviously.
What a shame that Mallorca now have to sell all that stuff to foreigners.
Well potatoes. Indian, Egypt, Morocco, jerseys. U.K. early’s Majorca hardly seen now. Morocco, Kenya, Peru , Argentina, Israel, USA ,for green beens asparagus all veg and out of season fruits. The U.K. supply chain reach.
Obviously found somewhere cheaper to import from, now no longer tied to Brussels apron strings.