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 Q2 2022
| Goods | Value (£million) |
|---|---|
| Mechanical power generators (intermediate) | |
| Cars | |
| Medicinal & pharmaceutical products | |
| Metal ores & scrap | |
| Refined oil |
Source:
ONS Trade in goods: country-by-commodity exports
Last updated: November 2022
Download the latest trade and investment factsheet for Spain.
Top five UK services exported to Spain, in the four quarters to the end of Q2 2022
| Service | Value (£billion) |
|---|---|
| Other Business Services | |
| Transportation | |
| Travel | |
| Financial | |
| Telecommunications, computer and information services |
Source:
ONS UK trade in services: service type by partner country, non-seasonally adjusted
Last updated: October 2022
Download the latest trade and investment factsheet for Spain.
Total import value (into the UK from Spain) and export value (from the UK into Spain) over time
| Year | Imports (£billion) | Exports (£billion) | Total trade (£billion) |
|---|---|---|---|
| 2016 | 30.7 | 17.2 | 47.9 |
| 2017 | 33.1 | 18.8 | 51.9 |
| 2018 | 34.0 | 18.7 | 52.7 |
| 2019 | 36.5 | 19.4 | 55.9 |
| 2020 | 22.9 | 14.3 | 37.2 |
| 2021 | 22.2 | 13.2 | 35.4 |
Source:
ONS UK total trade: all countries, seasonally adjusted
Last updated: October 2022
Total trade is the sum of all exports and imports over the same time period.
Download the latest trade and investment factsheet for Spain.
Spain: at a glance
Economic growth
5.1%
Actual figure (IMF, 2021)
The UK is 7.4% (IMF, 2021, projected figure)
GDP per capita
$30,090
Actual figure (IMF, 2021)
The UK is $47,329 (IMF, 2021, projected figure)
Currency
Euro
Business language
Spanish
You may need a translator
Time zone
GMT +1
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