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Europe
Spain |
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Last reviewed : 20 November 2009 |
Country information
TRADE AND INVESTMENT
Spain is a highly developed, competitive market. Almost anything sold in the UK is likely to sell well in Spain. It's also an open market for overseas companies and an important gateway to Latin American markets. UK-Spain commercial bilateral relations are very strong:
Trade
The main UK Exports to Spain include medicinal and pharmaceutical products, inorganic chemicals and various manufactured articles. Imports from Spain are largely in the same sectors with the addition of fruit and vegetables.
Spain is the UK’s 7th largest export market. In 2008 exports (good & services) were valued at ₤15.7bn, and Spain is the 8th largest import source (₤21.4bn) in 2008.
Spain represents 2.4% of all UK imports.
Investment
Spanish companies are becoming increasingly competitive and are looking more and more outside their home base for opportunities to enable them to globalise their business. Spain is one of the leading investors in the UK in recent years. Approx 400 Spanish companies are registered in the UK.
The UK is the second largest foreign investor in Spain. There are around 700 UK companies already in Spain.
For further information on the Spanish market please visit the UK trade and investment website.
Country information
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Useful links
Travel advice
UK in Spain Website
BBC Timeline of Spain
British Council: Spain
Spanish newspapers
www.elpais.es
www.elmundo.es
www.abc.es
www.lavanguardia.es
www.larazon.es
www.elperiodico.es
www.expansion.es
www.negocios.es
www.cincodias.es
