Retail Foods - Spain

In Fiscal Year (FY) 2013, Spain imported $1.88 billion of agricultural, fish and forest products from the United States, up 74 percent compared to the previous year and the highest import figure on record. Despite the difficult economic situation that continues to squeeze Spain’s retail food sector, retailers are adapting to the new reality, adjusting prices and reducing their margins to stay competitive and in business. As the consolidation and maturity of the retail food industry continues, medium and longterm opportunities continue to arise for U.S. exporters.