Exporting guide to

Spain

Overview

Spain is located in Southwestern Europe and borders France and Portugal. It is one of the biggest consumer markets in the EU and with a population of 46.4 million it provides a large consumer base for UK exporters to sell to. Spain is one of the top 10 largest trading partners of the UK. There is a demand for UK goods and services which UK businesses looking to export could benefit from.

Trade statistics

£19.4 billion total UK exports to Spain for the four quarters to the end of Q2 2023

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2023)

10th largest UK export market

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2023)

2.2% of total UK exports for the four quarters to the end of Q2 2023

(Source: ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2023)

An open market

The Spanish market is open to overseas companies and there are no specific restrictions.

The benefits for UK exporters include Spain’s familiarity with British products, efficient transport systems and access to Latin America.

Top five UK goods exported to Spain , in the four quarters to the end of Q3 2023

Goods Value (£ million )
Mechanical power generators (intermediate) 840.0
Cars 748.7
Unspecified goods 617.9
Cereals 373.8
Inorganic chemicals 370.5

Source: ONS Trade in goods: country-by-commodity exports
Last updated: November 2023
Download the latest trade and investment factsheet for Spain.

Top five UK services exported to Spain , in the four quarters to the end of Q1 2023

Service Value (£ billion )
Transportation 2.5
Travel 2.3
Other Business Services 1.7
Financial 1.1
Telecommunications, computer and information services 0.8

Source: ONS UK trade in services: service type by partner country, non-seasonally adjusted
Last updated: July 2023
Download the latest trade and investment factsheet for Spain.

Spain: at a glance

Economic growth

5.5%

Actual figure (IMF, 2022)
The UK is 4.0% (IMF, 2022, actual figure)

GDP per capita

$30,134

Actual figure (IMF, 2021)
The UK is $46,422 (IMF, 2021, projected figure)

Currency

Euro

Business language

Spanish

You may need a translator

Time zone

GMT +1

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