SPANISH MARKET
Spain is a country offering significant market opportunities for the launch and consolidation of products or services that provide technological innovation
- Population: 47.021.031 inhabitants
- Amount of companies: 3.291.263, where 74.686 have 20 or more employees
|
Million
Euro |
||||||
| Foreign trade. 2010 | Balance |
Exports |
Imports |
Industry location | ||
| Total | -52.282,6 |
185.799,0 |
238.081,6 |
 |
||
| Consumer goods | 5.465,3 |
64.774,2 |
59.308,9 |
|||
| Food, beverage & tobacco | 8.205,4 |
23.844,1 |
15.638,7 |
|||
| Cars & motor vehicles | 10.864,9 |
19.623,9 |
8.759,0 |
|||
| Consumer energy prod. | 1.766,3 |
1.768,8 |
2,5 |
|||
| Other consumer prod. | -15.371,2 |
19.537,5 |
34.908,7 |
|||
| Intermediate goods | -55.158,3 |
105.310,9 |
160.469,2 |
|||
| Agriculture products | -4.100,0 |
1.099,2 |
5.199,2 |
|||
| Energy products | -37.200,4 |
7.214,0 |
44.414,4 |
|||
| Industrial products | -13.858,0 |
96.997,6 |
110.855,6 |
|||
| Capital goods | -2.589,6 |
15.713,9 |
18.303,5 |
|||
| Machinery & equipment | -4.456,1 |
8.734,9 |
13.191,0 |
|||
| Transport equipment | 4.075,3 |
5.943,1 |
1.867,8 |
|||
| Other capital goods | -2.208,7 |
1.035,9 |
3.244,6 |
|||
Source:
INE |
||||||
| Conclusions | |||
| 1 |
Food production, Tourism and Industry are the key activites supporting Spanish domestic market. Due to the crisis, Construction underwent a sharp drop and is expected to remain in lower levels of activity than usually at short or medium term. | ||
| 2 |
Both the Spanish consumer and the legal framework are promoting the use of products / services with increasingly improved technical performance. | ||
| 3 |
Spanish owned industry is participating from the global market. Exports both to EU countries and emergent areas are in continuous progress, thus balancing the dependence on the domestic market. | ||
|
4 |
Overall net, the technology generated within the country does not seem to cover all needs, so the balance leans in favor of technology transfer or importation of innovations. | ||
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