Exports compensated for the risk that the Valencian company

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Taking into account that yesterday the Council of Ministers put an end to the Covid pandemic with the suspension of the mandatory use of masks in pharmacies and hospitals, any portrait that offers an analysis of what was and what was experienced in 2020 will allow us to better understand Where we go. This is what happens after the latest report from the GECE Observatory, presented yesterday at a conference organized by CaixaBank and the Ivie at the headquarters of the financial entity in Valencia, dedicated to analyzing the changes produced in the international positioning of Valencian companies during and after COVID. -19. The report analyzes the international profile of Valencian companies, and the rest of Spain, between 2019 and 2021 The conclusions of the GECE Observatory are mainly two. Firstly, that the position in foreign markets could have been beneficial to offset the risk derived from national restrictions in certain markets. That is, he maintains that exports had a "positive effect", since, on average, foreign sales evolved "somewhat more favorably" than local sales.

In general terms, in 2020, the percentage of sales abroad over the total grew by 1.2 percentage points on average for companies in the Valencian Community, while the increase in Spain was 0.3 percentage points. In 2021 this increase Job Function Email Database remained stable (in the Valencian Community) or increased slightly (in Spain). The most notable increase occurred in the case of large Valencian companies, whose percentage of international sales grew by 2.1 points in 2020. The export had a “positive effect,” the study maintains The other main conclusion is the type of international incursion that Valencian companies made. And from the conclusions of the GECE it is clear that the most competitive ones risked little and concentrated on the markets they dominated, mainly the European Union.



Companies reporting an export presence in Asia decreased in virtually all business size categories. Exports fell in Asia during the pandemic According to the study coordinated by Carlos Albert and Alejandro Escribá, both researchers from the Ivie and the University of Valencia, companies focus on selected markets, where the company can achieve and exploit competitive advantages. On the other hand, the Observatory has also studied direct investment through subsidiaries and changes in employers. He points out that the larger size of companies is clearly associated with a greater diversity of geographical areas. “Larger companies use subsidiaries in a greater number of geographic areas, seeking greater control of global positioning in their internationalization strategy,” the report states. As a whole, in the Valencian Community, the weight of companies with subsidiaries located in two or more geographical areas.