| For the past four decades, Spain has been one of | | | | these years. France is the biggest export partner of |
| the largest economies of the world. In fact in 2008, | | | | Spain which takes up 11% of Spain's exports. |
| the country has been recognized as one of the most | | | | Germany, Portugal, Italy, the United Kingdom, and the |
| dynamic economy within Europe. Moreover, Spain | | | | United States followed suit. Among these export |
| was also the second largest economy of the world in | | | | partners, the United States is the only country |
| 2008. After about forty years of struggle, the | | | | outside Europe that is trading relatively well with |
| country was able to prove itself in terms of | | | | Spain. |
| economy. | | | | Topping the list of Spain's major exports is petroleum |
| The reasons for Spain's economic growth are | | | | products. Spain is known to have an adequate |
| attributed to its virtual zero growth rate with some | | | | amount of petroleum deposits such that Spain can |
| of its partners in Europe, and the global real estate | | | | afford to share these to other countries. The other |
| boom. Aside from these, the country has also | | | | major exports of Spain include antiques, stamps, |
| stabilized its import export activities to a number of | | | | artwork, vegetables, industrial machines, medicinal |
| partners all over the world. Since Spain is most | | | | items, generators, transformers, transformer |
| popularly known for its agricultural products, most of | | | | accessories, wall tiles, floor tiles, and wine. Spain |
| its exports are agricultural-based. | | | | produces some of the best wines in the world. In |
| The largest partners of Spain are the other countries | | | | fact, wine is one of the most popular exports of |
| in Europe. Despite its being a small nation, the country | | | | Spain. Spain's wines have probably reached all corners |
| has been able to come up with goods and | | | | of the world already. |
| merchandise for trading with other countries around | | | | On the other hand, in order to supplement the needs |
| the world. One of the greatest advantages of Spain | | | | of Spain, Spain has to import some products from |
| is its fertile soils and favorable climate. As such the | | | | other countries. Importing these products does not |
| growing of valuable crops such as oranges, olives, | | | | necessarily mean in absence of, but rather |
| and grapes is one of Spain's major sources of | | | | insufficiency. The major imports to Spain include |
| income. | | | | medicinal equipment, pharmaceutical productions, |
| Spain's exports have amounted to a total of $248.3 | | | | civilian aircraft and parts, fuel oil, industrial engines, |
| billion, in 2007 alone. This amount has significantly | | | | telecommunications equipment, organic chemicals, and |
| increased since 2003. This only shows that the | | | | food stuffs. |
| export ventures of Spain have been successful for | | | | |