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Business Forum Prodeca in figures

Business Forum is a business connection platform between agribusiness companies. In the midst of the digital age, Business Forum calls for direct contact between entrepreneurs and international importers to advance the development of the agri-food economy and international trade. 

Why Incoterms are important 

The Incoterms 2020 version is expected to enter into force next January 1. Knowing the changes it entails is essential for exporting companies to carry out the shipments of their products with full guarantee, speed and safety. 

Brief review and comparison between Incoterms 2010 and 2020, which will be published shortly. One of the essential aspects to highlight in the new Incoterms 2020 is the transversal or systemic view. It is about visualizing the Incoterms taking into account all the departments of the company and taking into account all the logistical, administrative, regulatory and legislative needs that affect the decision to use one Incoterm or another. In short, it is about eliminating the risks and costs of any international sales operation. 

Incoterms as such were created by the International Chamber of Commerce (ICC) in 1936. Since then, the international transport community has witnessed multiple changes and new editions of Incoterms, such as those of 1953, 1967 and 1976. But over the past 50 years, these revisions have taken place periodically every ten years, becoming effective at the beginning of each decade and giving rise to the Incoterms 1980, 1990, 2000 and 2010. 

Last July 28 it became official: after more than 20 years of negotiation, the signing of the trade agreement between Mercosur and the European Union (EU) was presented, which will enter into force once it is ratified by each of the parliaments of the 28 countries that make up the EU and by the four Mercosur partners. Part of the importance of signing the agreement is translated into numbers: Mercosur is the 5th largest economy outside the EU, with a GDP of 2.46 trillion euros. It is a market of more than 263 million consumers, a figure that represents 3.5% of the world's population, with a GDP per capita of €9,359 and 80% of Latin America's GDP. 

Catalan exports of food and drinks to countries signatories to the treaty amounted to €92.77 million in 2018. The figure represents 0.94% of Catalonia's total food exports. In terms of imports, in 2018 we imported from Mercosur agri-food products with a value of €984.3 M, which are distributed as follows: seeds (36.2%), cereals (23.2%), coffee (5.3%), fruit (3.6%), fish and shellfish (1.4%) and fats (1.3%). 

The entry into force of the Mercosur-European Union free trade agreement could mean savings of 11.9 million euros for the Catalan agri-food industry. The commercial agreement, still to be ratified, will result in the total or gradual disappearance of tariff rates, benefiting key sectors in Catalan exports, such as wine and cavas, olive oil and meat products. 

Average consumption of food products per person in Catalonia

Overview of how expenditure on food products in Catalonia is broken down according to its category. 

Agro-food growth in the world

The agri-food sector in the world has great potential and prospects for growth. An increase in global demand and spending is expected and is a powerful investment focus. 

Catalonia is the best rated region by Financial Times for foreign investment. The agri-food sector covers 12.9% of the total foreign investments made in Catalonia.