Spain Exporter Guide 2023
In 2022, Spain imported $2.2 billion of agricultural and related products from the United States. Outside the European Union Member States, the United States was the fifth largest origin of agricultural and related imports. Spain received 74.7 million international tourists in the first ten months of 2023, and it is forecast to reach a record-breaking 86.5 million tourists by the end of the year. This positive situation,along with lower unemployment rates, is boosting consumer incomes. This is partly offset by ongoing price increases, forcing some consumers to tighten their budgets. However, the medium-term income growth is predicted to be reasonable, which will continue to create opportunities for certain consumer-oriented food items, as well as enhance long-term prospects for other products. This report provides guidance to U.S. companies interested in exporting consumer-ready food products to Spain and includes an overview of Spain’s economic situation, market structure, and export requirements.