Doing Business in Spain

The objectives of the subject “International Trade and Business in” the Kingdom of Spain” are the following:

1. To analyze the strengths of the Spanish Economy and Foreign Trade;
2. To know the business opportunities in the Spanish market;
3. To analyze the trade relations of Spain with the country of the student;
4. To know the Spanish Free Trade Agreements as a member of the EU;
5. To understand the importance of the economic relations between Spain and Latin America (Iberian America);
6. To develop a business plan for the Spanish market.

The Subject “Foreign Trade and Business in Spain” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: European Business, World Trade.

Masters: International Business, Foreign Trade.

Languages: + España Espagne Espanha.

1. Credits of the Subject “International Trade and Business in” Spain”: 2 ;
2. Duration: two weeks.

1. Atlantic Corridor (Portugal-Germany);
2. Access to the North Sea-Mediterranean Transport Corridor.

Spanish Preferential Access and Free Trade Agreements:

1. Spain and the European Economic Area;
2. The EU
   1. Economic and Monetary Union;
   2. European Customs Union;
   3. European Single Market;
   4. The EU Services Directive;
   5. European Digital Single Market;
   6. As a member of the EU, Spain is a beneficiary of the EU Trade Agreements

1. WTO
   1. Agreement on Sanitary and Phytosanitary Measures;
   2. WTO General Agreement on Trade in Services (GATS);
   3. Agreement on Technical Barriers to Trade;
   4. Agreement on Preshipment Inspection;
   5. Agreement on Safeguards;
   6. Trade Facilitation Agreement.
2. WCO
   1. Kyoto Convention.
3. Convention Harmonization of Frontier Controls of Goods;
4. Rotterdam Rules (Sea);
5. CMR Convention (UN);
6. COTIF Convention;
7. BIC;
8. Chicago Convention (ICAO);
9. IMO 
   1. Istanbul Convention.
10. Customs Convention on Containers;
11. CIM, CIT Rail Rules;
12. ICS;
13. IRU
    1. TIR Convention;
    2. Guidelines on Safe Load Securing for Road Transport.

1. The EU
   1. ECB;
   2. EIB;
   3. EBRD;
   4. EU-CELAC Summit;
   5. Group of States of the European Council Convention against Corruption.
2. UNECE.

1. Asia-Europe Meeting;
2. Asian Development Bank;
3. Inter-American Development Bank (IDB) (Non-borrowing country);
4. African Development Bank;
5. ECLAC;
6. WB;
7. IMF;
8. UN
   1. UNCTAD;
   2. ITC;
   3. WIPO.
9. EIB;
10. WTO;
11. OECD
    1. OECD anti-corruption measures.
12. ...

Spain is an observer country:

1. AEC;
2. Andean Community;
3. ALADI;
4. SICA;
5. Council of the Baltic Sea States;
6. Regional Cooperation Council;
7. SAARC.

The Kingdom of Spain (Europe).

1. Spanish Population: 46 million people;
2. Area of Spain: 505,370 km²;
3. Spanish Capital: Madrid;
4. Spain has significant relations (economic, cultural, political) with Latin America and North Africa;
5. Spain is a bridge between different cultures; it is the natural bridge between the EU, the Latin countries and the U.S. (almost 40 million 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;
6. Type of government of Spain: Parliamentary Monarchy
   1. Autonomous Communities;
   2. Territorial tensions in Catalonia and the Basque Country.
7. Languages of Spain: Spanish, Catalan, Basque and Galician;
8. Borders of Spain: Portugal, Andorra, France and Morocco;
9. Abolition of Slavery in Spain: 1866.

Religion in Spain: Catholicism (Christianity).

1. Vicente Ferrer.

Spain belongs to the Western Civilization (European Economic Area).

The current political-economic configuration of the world and the Western civilization is highly influenced (for better and for worse) by the worldwide expansion of the Spanish Empire (1492-1898) since it discovered, colonized or incorporated to its empire (Viceroyalties, provinces) to the following countries on all the continents, making Spanish a global lingua franca and expanding Catholicism throughout the world:

1. Latin America: Argentina, Bolivia, Belize, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, the Dominican Republic, Uruguay and Venezuela. Regions of Brazil;
2. The U.S.: Puerto Rico, Arizona, California, New Mexico, Florida, Texas, Nevada, Utah, Alaska, British Columbia, and Louisiana. Parts of Colorado, Wyoming, Kansas and Oklahoma;
3. The Caribbean: Barbados, Trinidad and Tobago, Jamaica, Grenada, Suriname, Dominica, Saint Lucia, Antigua and Barbuda, Saint Vincent and the Grenadines, the Bahamas, Saint Kitts and Nevis, and Guyana;
4. Europe: Italy (regions), Portugal, Belgium, Germany, the Netherlands and Luxembourg;
5. Asia: Philippines. Regions of China, India, Japan, Indonesia, Brunei, Cambodia, Taiwan, Iran, and Oman;
6. Africa: Angola, Mozambique, Cape Verde, Guinea-Bissau, Algeria, Tunisia, Morocco, Somalia. Equatorial Guinea and Western Sahara (post-Empire);
7. Oceania: Mariana Islands (including Guam), Vanuatu Islands, Easter Islands, Carolinas Islands (including Palau), Marshall Islands.

Spanish Economy

1. Spain is the twelfth world economy and the fifth economy of the EU;
2. Spanish GDP (nominal): 1,113,851 million EUR;
3. GDP per capita of Spain: 23,161 Euros;
4. The structure of the economy of the Kingdom of Spain (46 million people) is that of a developed market, services sector contributes to the gross domestic product (66%), followed by industry (11.5%);
5. 56 million tourists visit the Kingdom of Spain annually;
6. Spain is the world's leading olive oil producer;
7. The Spanish fashion is recognized worldwide for its quality and creativity;
8. The main Spanish products are electronics, foods and beverages, machinery, cars, shipbuilding industry, manufactured metal, pharmaceutical products, chemical products, clothes, textile and ready-to-wear garments, footwear;
9. Decentralized EU Agencies in Spain: European Agency for Safety and Health at Work (EU-OSHA): Bilbao.

Spanish Foreign Trade

1. Spain is the 17th exporter and twelfth world goods importer, in foreign trade in services is the seventh exporter and tenth importer in the world;
2. 73% of the Spanish exports go to the countries of the EU;
3. France is the main Spanish export market (16% of the exports);
4. The significant exports and imports growth of Spain has made it one of the most internationalized countries in the world;
5. Spain is one of the largest cars exporter;
6. The main Spanish exports are vehicles, machinery, electronics devices, foods, chemical and pharmaceutical products, ships...;
7. The main Spanish imports are fuels, chemical products, semi-processed products, machinery, foods...;