Increased trade promotion opportunities boost exports to Spain

The Vietnam Trade Office in Spain said that recently, from March 18 to 21, 2024, the International Food and Beverage Fair 2024 (Alimentaria 2024, www.alimentaria.com) took place in Barcelona, Spain.

The fair is a gathering place for nearly 2,900 large and small enterprises specializing in the production and trading of food and beverage products as well as product processing and packaging technologies from all market regions of the world .

Attending the 2024 International Food and Beverage Fair, the Trade Office of the Vietnamese Embassy in Spain directly connected with Spanish enterprises to learn about current market needs, thereby proposing solutions to promote the export of Vietnamese goods...

Gia tăng cơ hội xúc tiến thương mại thúc đẩy xuất khẩu sang Tây Ban Nha

Attending the 2024 International Food and Beverage Fair, the Trade Office of the Vietnamese Embassy in Spain directly connected businesses and proposed solutions to promote the export of Vietnamese goods...

On the occasion of this fair, the Trade Office also introduced and promoted trade promotion and trade connection events in Vietnam in the coming time; focusing on promoting and introducing the event "Connecting the international supply chain of goods 2024" (Vietnam International Sourcing 2024) chaired by the Ministry of Industry and Trade to be held from June 6-8, 2024 at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City.

At the 2024 International Food and Beverage Fair, the Trade Office also met and worked with Vietnamese enterprises participating in the booth and had a discussion with representatives of the Organizing Committee to coordinate specific trade promotion activities in the coming time and increase support for Vietnamese enterprises to prepare for effective participation at the Alimentaria 2026 fair.

To further promote Vietnamese goods into the Spanish market, Vietnamese businesses need to take advantage of incentives from the EVFTA. Illustrative photo

Spain is a large consumer market for all Vietnamese consumer goods exports because of its large population of over 47 million people and a relatively high average income (about 36.7 thousand USD/year). Not only that, Spain is also a potential niche market for direct domestic consumption of Vietnamese agricultural, aquatic and tropical fruit and vegetable products, especially off-season products and raw products that are suitable inputs for the highly developed food processing export industry in Spain.

Mr. Vu Chien Thang - Commercial Counselor, Vietnam Trade Office in Spain - said that Spain is a market that annually attracts an average of over 80 million international visitors with the leading tourism service industry, resorts and cuisine in Europe... Therefore, this is a market opportunity for tourism products (including handbags, suitcases, wallets, hats, umbrellas; handicraft products, rattan, bamboo, sedge, carpets), textiles, footwear, wood and wood products, raw food, coffee and spice products of Vietnam.

To further promote Vietnamese goods to the Spanish market, Mr. Thang recommended that Vietnamese enterprises should take advantage of incentives from the EVFTA. At the same time, they should proactively research, grasp the needs, tastes, and requirements of the market, and regularly update new regulations and policies of the host country to proactively plan production, business, and export.

For manufacturing and exporting enterprises, the Trade Office recommends strengthening coordination with the Trade Office in verifying local partners (legal status, financial capacity, facilities, product requirements, quality, consumption market - distribution channels and reputation) before negotiating and signing foreign trade contracts to avoid being "fraudulent, appropriating goods, appropriating capital, delaying or not paying for goods..." In fact, in the past, the Trade Office has supported a number of Vietnamese enterprises in handling cases related to payment for shipments of cashew nuts and black pepper exported to Spain.

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