The right measure of Trade
15 - February - 2007 | 0Issue 1/February-March 2007
By Carolina Ferreiro Fajardo
Nowadays, the Fair Trade is the most viable initiative for the achievement of more equal commercial relations between producer and consumer. This activity is an alternative to international trade at global level and it has become an effective cooperation tool for eliminating poverty and exploitation in undeveloped countries.
We can state that the Fair Trade is a growing activity in Spain because it had a 17% increase in the last five years. Despite these data, Spain has long way to go because it is bottom of the league when it comes to fair products market.
According to the last statistics (2006) of the Fair Trade Yearbook in Spain carried out by the SETEM organization, the average spending in fair products is less than 350 euros per thousand inhabitants. This figure shows that the Fair Trade is a social accepted activity but not enough known especially if we compare it with the EU average where the average spending is 2,318 euros per thousand inhabitants. The Spanish regions with the highest rates of fair products sales are: Catalonia 35,5%, Madrid 20,3%, Galicia 15,5% and Andalucia 9,3%.
