The Federation of International Trade Associations reports that foreign trade represents nearly 55% of Spain's GDP. Although its import and export activity to date has been concentrated within the European market, enterprising exporters of the country's highest volume imports may find an opening in this growing market.
Export and Import Facts
- Export volume for the past five years (in millions of U.S. dollars) is as follows:
- 2003: 138,119,046.69
- 2004: 146,924,722.49
- 2005: 155,004,733.95
- 2006: 170,438,626.91
- 2007: 181,478,547.97
- Spain’s top exports by industry include automobiles, fruits, minerals, metals, clothing, footwear and textiles. Top imports by industry are petroleum, oilseeds, aircraft, grains, chemicals, machinery, transportation equipment, fish and consumer goods.
Export/ Import Resources
Spain's bilateral chambers of commerce offer opportunities for networking that can help you establish new connections with importers in Spain or with businesses in other countries whose goods you want to import.