Subject (Course) - Foreign Trade and Business in Spain.
- Introduction to the Kingdom of Spain (the European Union)
- The Spanish Economy
- Doing Business in Madrid and Barcelona
- The most important Spanish economic sectors: agri-food, consumer products,
industrial products, services, engineering
- The Spanish Foreign Trade
- Trade relations with Latin America
- Case Studies:
- Amancio Ortega
- The Spanish fashion.
- The Spanish Olive oil and the wine sector.
- Information and communication technologies in Spain
- Set-up a business in Spain
Objectives of the subject “Doing Business in the Kingdom of Spain”:
- To analyse the strengths of the Spanish Economy and Foreign Trade
- To evaluate business opportunities in the Spanish market
- To analyse the trade relations of Spain with the student's country
- To know the Free trade agreements (FTA) of Spain as a member of the European Union
- To understand the importance of economic relations between Spain and Latin America.
- To develop a business plan for the Spanish market
EENI Spanish professors:
Susana Fernández, Josep Bertrán,
Gustavo Baell, Julio Fuster, Guillermo Pie
Subject Description: Doing Business in Spain.
The Kingdom of Spain
- Population: 46 millions of people
- Area: 505,370 square kilometres
- Capital: Madrid
- Spain has significant relations (economic, cultural, political) with Latin
America and North Africa.
- Spain is a bridge between different cultures; it is the natural
bridge between the European Union, the Latin countries and the United States
(almost 40 millions of Latinos) as well as between the West and the Muslim
countries (Islam occupied Spain during seven centuries). All this makes
Spain a multicultural country open to other cultures.
- Religion in Spain: Catholicism (Christianity)
- Spain belongs to the Western Christian Civilisation (European Economic Area).
- Type of government: Parliamentary Monarchy
- The Autonomous Communities
- Territorial tensions in Catalonia and the Basque Country
- languages: Spanish, Catalan, Basque and Galician
- Borders: Portugal, Andorra, France and Morocco
- Abolition of slavery in Spain: 1866
The Spanish Economy
- Spain is the twelfth world economy and the fifth economy of
the European Union
- GDP (nominal): 1,113,851 millions of euros
- GDP per capita: 23,161 euros
- The structure of the economy of the Kingdom of Spain (46 millions of
people) is that of a developed market, the services sector contributes to the
gross domestic product (66%), followed by industry (11.5%).
- 56 millions of tourists visit the Kingdom of Spain annually.
- Spain is the world's leading producer of olive oil
- Spanish fashion is recognised worldwide for its quality and
- Main products in Spain: electronics, foods and beverages, machinery, cars, shipbuilding industry, manufactured metal, pharmaceutical products, chemical products, clothes, textile and ready-to-wear
Spanish Foreign Trade
- Spain is the 17th exporter and twelfth world importer of goods,
in the foreign trade of services is the seventh exporter and tenth importer
in the world.
- 73% of Spanish exports go to the countries of the European Union.
France is the main export market (16% of exports)
- The great growth of exports and imports of Spain has made it one of
the most internationalised countries in the world.
- Spain is one of the largest exporters of cars.
- Main Spanish Exports: vehicles, machinery, electronics devices, foods, chemical and
pharmaceutical products, ships...
- Main Spanish Imports: fuels, chemical products, semi-processed products, machinery, foods...
- As a member of the European Union, Spain is the beneficiary of the Free trade agreements of the EU with the MERCOSUR, Mexico, Chile, Andean Community, Central America, South Korea, Algeria, India, the Gulf Cooperation Council, European Free Trade Association, Ivory Coast, CARIFORUM etc. besides the Customs Union with Turkey
International economic relations of Spain
- ASEAN-European Union
- Asia-Europe Economic Meeting (ASEM)
- Inter-American Development Bank (IDB) (Non-borrowing country)
- Economic Commission for Latin America and the Caribbean (ECLAC)
- World Bank
- International Monetary Fund
- European Investment Bank (EIB)
- World Trade Organisation (WTO)
- Group of States of the Council of Europe Convention against Corruption (GRECO)
- Organisation for Economic Cooperation and Development (OECD)
- Organisation for Security and Cooperation in Europe (OSCE)
- Regional Cooperation Council (RCC)
- Economic Commission for Europe (UNECE)
- European Union
Spain is also an observer country in:
- Association of Caribbean States (AEC)
- Andean Community
- Latin American Integration Association (ALADI)
- Central American Integration System (SICA)
- Council of the Baltic Sea States
Examples of the subject - Foreign Trade and Business in Spain: