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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Las pymes ven en la expansión a nuevos mercados la mayor oportunidad de negocio

The SMEs see in the expansion to new markets the greater opportunity of business

24/04/2013

24 April 2013

The external sector has turned into an opportunity for a lot of Spanish companies that find in the new markets a road to expand his business. The impulse of the external market has propiciado the current balance of the scales of payments, that confirms that it can be the engine for the economic recovery of the country. With the purpose to show to the organisations the advantages to open way in the outside and the tools that are to his disposal to attain the success in this process, SAP and Icex celebrated yesterday a seminar in Madrid.

The exports of our country registered a growth interanual of 8% in January of this year and the tax of coverage (result to divide the income by exports between the payments by imports) has increased in almost 3 points porcentuales. Besides, according to data of the Icex, the commercial balance regarding the European Union has registered a surplus of 1.368 million euros, with a growth of 52%, although it appreciates a greater dynamism in the external markets.

As it stands out Alicia Montalvo, director Division of Infrastructures, Environingingment, Power and Tics of Icex, “The European Union is the first exit or the natural exit of the Spanish companies, but are perceiving that it is growing the activity further of his borders. In fact, the exports in these markets have happened in a year to represent the 34 to 36,5%. It is a positive figure because the growth of the world-wide GDP is producing in other markets, Asia and Latin America fundamentally, and if our companies want to grow, have to be in these countries”.

The SMEs are conscious of the advantages of the export. In fact, according to an international study effected by Economist Intelligence Unit and sponsored by SAP, the SMEs consider the expansion to new markets like the greater opportunity of business for the next months. 60% of the managerial respondents thinks that needs to compete in international markets. In the survey remains clear the difference between developed countries and emergent, since 28% of the directors of developed countries considers that it has to expand to international markets to keep on being competitive, in front of 22% of the emergent countries, that bet more by the growth of his own markets.

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