International Trade in Spain

International Trade in Spain

Spain has achieved an economic leap in the last two decades and has risen to be amongst 20 of the world's most significant economies. It registered annual GDP growth rates higher than 4% between 1997 and 2000 and thereafter a growth rate that is always higher than the average in the Euro... Read more

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Market Analyses About Spain (339)

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  • International Commerce Consultant
    15+ years of work experience as Director /Consultant in the area of Business Development, Senior Management and International Commerce in...
  • OneWorld Communications

    OneWorld Communications

    Advertising, Spain

    Welcome to OneWorld Communications. We are a full-service advertising agency in San Francisco California with international...

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  • XL Group, Inc.

    XL Group, Inc.

    Sales Agents, Spain

    XL Group buys products from small & medium manufacturers and resells them overseas by partnering with importer / wholesalers and...
  • EASY GLOBAL BUSINESS SL

    EASY GLOBAL BUSINESS SL

    Sales Agents, Spain

    In Easy Global Business we help foreign companies to start selling or buying in Spain. We build work teams adjusted to our client´s...

Overview About International Trade in Spain

Main Industry Sectors

Agriculture contributes around 3% of the Spanish GDP. The country produces wheat, sugar beet, barley, tomatoes, olives, citrus fruits, grapes and cork. It is the world's largest producer of olive oil and the world's third largest producer of wine. It is the largest producer of lemons, oranges and strawberries. Spain has limited mineral resources.

The manufacturing industry is dominated by textiles, industrial food processing, iron and steel, naval machines and engineering. The new sectors such as relocation of the production of electronic components, information technology and telecommunications provide a high growth potential. In 2009, industrial production growth rate nevertheless fell by 10.2%.

Tourism represents Spain's largest source of income, having become the second tourist destination of the world and thereby stimulating export of goods and services. The tertiary sector contributes to 2/3 of the GDP.

 

Economic Overview

Spain has achieved an economic leap in the last two decades and has risen to be amongst 20 of the world's most significant economies. It registered annual GDP growth rates higher than 4% between 1997 and 2000 and thereafter a growth rate t...

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