Frequent question: What countries trade with Spain?

What country does Spain trade with the most?

Spain does a lot of business with Germany, France and Italy as its primary trade partners in Europe and the United States across the pond. France is the biggest beneficiary of Spain’s exports, taking 15.3% of the country’s total exported goods.

Who is Spain biggest trading partner?

In 2019, the most important export partner for Spain was France, accounting for 15 percent of all exports.

Which countries does Spain export to?

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Spain Exports By Country Value Year
United States $13.96B 2020
Netherlands $10.38B 2020
China $9.34B 2020
Morocco $8.44B 2020

Who are Spain’s top 5 export partners?

Spain top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Germany 34,767 10.31
Italy 25,989 7.71
Portugal 24,523 7.27
United Kingdom 22,017 6.53

What does Spain import the most?

Spain’s Top 10 Imports

  • Vehicles: US$36.7 billion (11.3% of total imports)
  • Machinery including computers: $32.8 billion (10.1%)
  • Mineral fuels including oil: $31.1 billion (9.6%)
  • Electrical machinery, equipment: $30 billion (9.2%)
  • Pharmaceuticals: $17.5 billion (5.4%)
  • Plastics, plastic articles: $12.4 billion (3.8%)

Where does Spain get its money?

The tourism sector is pivotal for the country’s economy, being Spain’s main source of income (12.4% of GDP in 2019, INE), as the country is the second-most popular tourist destination in the world (83.7 million tourists in 2019, for a seventh straight year of records).

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Who are Spain’s allies?

Spain has been successful in managing its relations with its three immediate European neighbours, France, Andorra, and Portugal.

What does UK buy from Spain?

In terms of services, the top services imported by Spain from the UK were financial services, transportation, travel, business services and telecommunications, computer and information services (ONS, 2019).

What does Spain export to Africa?

These exports, which represent the bulk of Spain’s exports to Africa, are supplemented by others such as hospital equipment, supplies and equipment for the hospitality industry as well as food and beverages (essentially vegetables, preserves and olive oil), transport vehicles and the logistics sector.