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Industry

Spain's defence exports increase

14 December 2016

Spain's defence and security exports grew to EUR1.83 billion (USD1.94 billion) in the first three months of 2016, an increase of 6.4% on the same period of the previous year.

Just more than half, worth some EUR942.5 million, went to partner countries in the European Union (EU) and NATO, according to the quarterly figures presented to Congress by the Secretary of State for Trade.

As has become usual in recent years, by far the biggest share of defence sales was in the aircraft sector, which was valued at EUR1.34 billion, more than 73% of the total.

Oman was the biggest single market of the 53 countries outside the EU or NATO on the exports list, with EUR196.8 million of imports led by sales of two transport aircraft.

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