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It will be hard to boost exports given the world sugar surplus.
Spain's best hope of growing its way out of its mess is through exports; given that membership of the euro means it can no longer devalue, that requires falls in the real value of wages.Mr Zapatero wisely said this week that he would stick to his guns.
Textile alone accounts for 67% of total exports, given the advantage of duty-free access to the EU and the US market; the next main export sectors are in services, particularly hotel restaurant and WTT.
The indicator of domestic value added embodied in exports has been used in calculating competitiveness in terms which overcome the growing limitations of an indicator based on gross exports, given the weight that foreign value added has in the export of certain goods (Timmer et al. 2013).
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But more exports give developing countries more money to spend on imports mainly from developed economies.
For most of last year, relatively healthy demand for exports gave global companies like Caterpillar a cushion.
"Giving up important political chips to liberalize textile exports gives you one, maybe two years of benefits," she said.
Dairy products are a quarter of the country's exports, giving it a third of the world's dairy trade.
Many U.S. politicians have argued that China is keeping the renminbi weak to lift its exports, giving China an unfair trade advantage and creating large trade surpluses.
The success of the emerging economies will boost both global demand and supply.Rising exports give developing countries more money to spend on imports from richer ones.
The United States has granted sweeping tariff-free access to Haitian apparel exports, giving the country an edge over the preferences enjoyed by the neighbouring Dominican Republic and by Central America.
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