What is Spain's biggest export?

Trade In October 2023, the top exports of Spain were Cars (€3.42B), Commodities not elsewhere specified (€1.48B), Refined Petroleum (€1.44B), Packaged Medicaments (€977M), and Motor vehicles; parts and accessories (8701... (€924M).

What are Spain's top 5 exports?

What does Spain produce the most?

Spain is the main producer and seller of olive oil and table olives in the world.

What are 3 exports in Spain?

Spain's main exporting sectors in November 2023 were capital goods (representing 21.3% of total exports and expanding by 20.5% year-on-year), food, beverages and tobacco (17.2% of total, advancing by 1.7%), vehicles (15.6% of total, increasing by 16.3%) and chemical products (14.4% of total, falling by 41.2%).

What is Spain's biggest industry?

Manufacturing as a whole is the most important sector as it accounts alone for around 12% of GDP (World Bank), although factory activity in Spain shrank for six consecutive months in the second half of 2022 (data INE).

Spain's Top Exported & Imported Commodities: Top Spain Exports and Imports

Which country is richer Spain or UK?

Spain is a less wealthy country than Britain and its infrastructure at all levels is less well developed. Politically it has only had a democracy for 50 years and is therefore not as developed in political and administrative terms.

What is Spain rich in?

Some of the main areas of economic activity are the automotive industry, medical technology, chemicals, shipbuilding, tourism and the textile industry.

What is Spain's main food export?

Exports are 53.2% to the EU-27 and 46.8% to third countries. The leading subgroup in exports is pork, representing 70% of exports.

What does Spain import the most?

How does Spain make money?

Spain's diversified economy includes manufacturing, financial services, pharmaceuticals, textiles and apparel, footwear, chemicals, and a booming tourism industry.

Is Spain rich or poor country?

Spain. Spain is one of the largest economies in Europe with a total wealth of $8.48 trillion in 2022. Spain ranks among the wealthiest countries by per capita net worth.

What does Spain sell the most of?

The most recent exports are led by Cars ($34.4B), Refined Petroleum ($12.4B), Packaged Medicaments ($12.2B), Motor vehicles; parts and accessories (8701 to 8705) ($10.8B), and Vaccines, blood, antisera, toxins and cultures ($8.93B).

What car is made in Spain?

The main manufacturers established in the country are Mercedes-Benz Group AG (manufacturing plant in Vitoria), Ford (its plant located in Almussafes is Ford's biggest in Europe), Stellantis (at Villaverde in Madrid, Figueruelas and Vigo), Renault (with plants in Palencia and Valladolid as well as a transmission plant ...

What does Spain export a lot of?

Spain's main exporting sectors are chemicals, capital goods, food, beverages & tobacco, vehicles, and non-chemical semi-manufactures.

What are Spain's 2 biggest imports?

What food is Spain known for?

Who is Spain biggest trading partner?

Why is Spain famous for?

Besides being world famous for its football, Spain is also known because of its culinary art, bullfights, architecture, beaches, etc. If you are planning to visit here, you must carry some cash in their official currency, which is Euro.

What is Spain's most famous product?

In general, the whole Mediterranean coast and the countries along it are known by having good olives so as to produce good quality olive oil. But Spain is definitely the land of olive oil: it is a must in the Mediterranean diet and Spain counts with the best cultivation of olives and production of olive oil.

What fruit does Spain export?

Here are some additional statistics on Spain's fruit and vegetable exports: The top fruit exports from Spain in 2022 were oranges, mandarins, and watermelons.

Does Spain produce a lot of food?

With revenue close to €140 bn and employing more than 440,000 people, the Spanish agri-food industry is the country's main manufacturing activity. Spain is the fourth agri-food power in Europe and tenth in the world.

Why is Spain so rich?

A peaceful transition to democracy following the death of dictator Francisco FRANCO in 1975, and rapid economic modernization (Spain joined the EU in 1986) gave Spain a dynamic and rapidly growing economy, and made it a global champion of freedom and human rights.

What is the average salary in Spain?

What is the average salary in Spain? According to Statista, the average salary in Spain is €29,113 per year or €2,426 a month. However, depending on various factors such as experience, location, and industry, this figure can vary.

Is Spain a 1st world country?

First Use of 'First World'

The major players in this capitalist and democratic alliance included France, the United States, the United Kingdom, Spain, Italy, Australia, and West Germany.