Best answer: Who does Spain trade with the most?

In 2016, Spain major trading partner countries for exports were France, Germany, Italy, United Kingdom and Portugal and for imports they were Germany, France, China, Italy and United States.

What is Spain’s main trade?

Spain’s main exports are: capital goods; food, beverages and tobacco; autos, chemical, consumer goods; non-chemical semi-manufactured products; and energy products. Main export partners are: France; Germany; Italy; Portugal, the UK; the US ; Morocco; China and Turkey.

What does Spain import the most?

Imports The top imports of Spain are Crude Petroleum ($27.8B), Cars ($21.6B), Vehicle Parts ($13.2B), Packaged Medicaments ($10B), and Petroleum Gas ($8.58B), importing mostly from Germany ($47.8B), France ($40.8B), China ($29.8B), Italy ($26.7B), and Netherlands ($16.5B).

What’s Spain’s biggest export?

Spain’s Top Exports

  • Refined petroleum – $13.3 billion.
  • Pig meat – $4.05 billion.
  • Pure olive oil – $3.68 billion.
  • Citrus – $3.67 billion.
  • Copper ore – $2.23 billion.

What does Spain sell the most?

Searchable List of Spain’s Most Valuable Export Products

Rank Spain’s Export Product 2020 Value (US$)
1 Cars $31,656,972,000
2 Medication mixes in dosage $10,243,970,000
3 Processed petroleum oils $9,618,105,000
4 Automobile parts/accessories $9,155,174,000
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What industry is the largest employer and one of the largest exports for Spain?

Pharmaceuticals and automobiles are the primary export commodities from Spain’s manufacturing industry. The pharmaceutical market in the country is valued at an estimated $25 billion. The automobile sector is among Spain’s primary economic drivers.

Where does Spain import from?

Top 10 Import Countries

Country Import USD$
France $37,407,108,927
China $32,639,038,488
Italy $23,024,822,895
United States $17,396,647,531

What type of economy does Spain have?

Spain has a mixed capitalist economy. The Spanish economy is the fifth-largest in Europe behind Germany, United Kingdom, Italy and France; and the fourth-largest in the Eurozone, based on nominal GDP statistics. In 2012, Spain was the twelfth-largest exporter in the world and the sixteenth-largest importer.

What trade agreements does Spain have?

Spain has been a member of the EU since 1986. The EU has free trade agreements with other economic associations (e.g., the European Free Trade Association or EFTA) and countries, providing a higher level of mutual market access.

What is the capital of Spain?

Madrid, city, capital of Spain and of Madrid provincia (province). Spain’s arts and financial centre, the city proper and province form a comunidad autónoma (autonomous community) in central Spain.

Is Spain poor or rich?

Spain is listed 25th in the United Nations Human Development Index and 32nd in GDP per capita by the World Bank. It is therefore classified as a high income economy, and among the countries of very high human development.

What fruit does Spain export?

Fruits export volume from Spain 2020, by product

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The export of citrus fruits were at the top of the list, being orange exports were the ones with the highest figure, reaching 1.6 million metric tons, followed by mandarins with an export value of approximately 1.3 million metric tons.

Does the US trade with Spain?

U.S.-Spain Economic Relations

Investment flows between the United States and Spain totaled nearly $127 billion in 2019, and Spanish foreign direct investment in the United States has increased every year since 2002. U.S.-Spain trade in goods and services was valued at $48.5 billion in 2019.