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But the likely impact is hugely exaggerated by the headline figures of exports as a share of GDP.
Casa Vicens, in Grácia, currently a private house, is in the final stages of being sold to Andorran bank Morabanc for a reputed €30m, though current owner the Herrero Jover family says that is hugely exaggerated.
Since the naïve assumption that big data leads to a lot of information is not true, the value of big data is hugely exaggerated.
Set aside that Trump's claim of $110 billion of arms sales to Saudi Arabia as announced last year is hugely exaggerated, considering that number mostly refers to deals struck during the Obama administration and new deals that haven't yet materialized.
But in fact, this is hugely exaggerated – the most important countries of origin for skilled NHS staff, such as the Philippines and India, actually welcome and even encourage emigration.
The value of big data is hugely exaggerated, because insight (the most valuable aspect of big data) is typically a few orders of magnitude less than the extractable information, which is again several orders of magnitude smaller than the sheer volume of your big data.
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The economic effects of bombing were hugely exaggerated on all sides: German production was dented but not destroyed.
The South China Sea shows how minor territorial disputes can flare dangerously, especially when natural resources are at stake.Yet notions of a Wild North are hugely exaggerated.
The idea Britain has only a few is laughable, despite a report in the Guardian by Nick Davies claiming that sex slave trafficking was hugely exaggerated.
If Scotland's players adopt a similarly confident approach as their manager at Wembley next month, tales of this nation's latest qualifying woe may be hugely exaggerated.
AS THE share prices of dot.com firms collapse and once-bright prospects run out of cash, it is tempting to conclude that the economic benefits of the Internet must have been hugely exaggerated.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com