Exportation from Aragón recorded a decrease of 22.29% in February 2025 compared to the same month of the previous year, reaching a total value of 1,238.8 million euros, according to data released by the Chamber of Commerce of Zaragoza. Simultaneously, imports also fell by 17.96%, amounting to 1,288.3 million, which maintains the regional trade deficit.
This marks the worst year-on-year figure since the pandemic, reflecting a widespread slowdown in several key sectors, particularly in the automotive and semi-manufactured goods, which are pillars of Aragón’s export economy.
Decline in Key Sectors, Except for Food
Most major sectors have experienced declines in their export figures. However, the food, beverages, and tobacco sector maintains a positive trend, demonstrating its resilience even in slowing contexts. Moderate advances have also been seen in durable consumer goods and consumer manufactures, although with less weight in overall exports.
In imports, capital goods and consumer manufactures continue to lead in volume, but significant declines have been noted in other categories such as energy products, which continue to show volatility.
Asia and Latin America Drive Exports
Despite the overall decline, some foreign markets show notable growth. Singapore leads the growth with 2,742%, followed by Algeria (27.4%) and Malaysia (6.5%), according to data from the Top 10 countries with the highest increase in export value. Other significant countries contributing to improved export figures include Canada, South Korea, Portugal, and Mexico.
Conversely, exports to key European markets such as Germany, France, and Italy have experienced declines, which accounts for much of the overall setback.
Imports: Focus on Asia
Regarding imports, countries such as Ireland, Hungary, and Austria have increased their shipments to Aragón. Asian countries like Vietnam, India, and China also stand out in import figures, while purchases from Pakistan, Egypt, and Cambodia have decreased.
This decline in Aragón’s foreign trade occurs within a complex international scenario, marked by persistent inflation, geopolitical tensions, and reduced demand in Europe. The Chamber of Commerce had already warned at the beginning of the year about a possible slowdown following several years of record post-pandemic growth.
The International area of the institution encourages exporting companies to intensify their market diversification and emphasizes business intelligence and digitalization as key factors to maintain competitiveness.
