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...
  • Incos Global LLC

    Incos Global LLC

    Interpreting, Spain

    Incos Global is a Corporate advisor firm focused on providing solutions to the comprehensive needs of businesses, taking the necessary...

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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...

News Related to International Trade in Spain

  • Spain imported a record volume of tomatoes in first half of 2019 - Sep 01, 2019

    Fresh Plaza According to data from the Estacom statistical office (Icex-Tax Office), Spain’s tomato imports amounted to 75.31 million kilos in the first half of 2019, the highest figure in history. This entails that Spanish imports of this product have increased by 152.2% in the last five years. The total value of the tomato imports [...]

    Source: MOROCCO TOMORROW

  • Spain Grants Morocco ? 32 mln to Back Efforts to Curb Irregular Immigration - Aug 27, 2019

    Spain??s acting government approved on Friday a ?32.2 million outlay to support Morocco??s efforts aimed at curbing irregular immigration. This aid will support efforts made by the Moroccan authorities to fight against irregular immigration, smuggling of migrants and human trafficking. For the Spanish Government, cooperation with third countries is necessary to fight, more effectively, smuggling networks and to curb irregular migration flows.

    Source: KINGDOM OF MOROCCO

  • Hundreds Evacuated after Balearia Ferry Grounds off Spain - Aug 20, 2019

    The ferry had 393 passengers and 70 vehicles on board when it grounded. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

    Source: World Maritime News