Spain–U.S. Trade: Key Exports & Imports

Spain and the United States maintain a robust bilateral trade relationship, with annual goods trade exceeding $40 billion. As EU and NATO allies, both economies are deeply integrated through investment, tourism, and supply chains.

Spain's Top Exports to the U.S. (Goods)

1. Machinery & mechanical appliances – Industrial equipment, engines, pumps
2. Vehicles & parts – Passenger cars (SEAT, VW Spain), components
3. Pharmaceutical products – Medicines, vaccines (strong Spanish pharma sector)
4. Chemical products – Organic/inorganic chemicals, plastics precursors
5. Electrical machinery & appliances – Transformers, cables, household appliances
6. Beverages – Wine (Rioja, Ribera, Cava), olive oil, spirits
7. Food products – Olive oil (world's #1 producer), cured meats (jamón), cheese, canned seafood, citrus
8. Footwear & apparel – Leather goods, fashion (Inditex/Zara, Mango)
9. Jewelry & precious metals – Silver, gold articles
10. Textiles & fabrics – Technical textiles, home furnishings

Spain's Top Imports from the U.S. (Goods)

1. Machinery & mechanical appliances – Specialized industrial, agricultural, construction equipment
2. Mineral fuels & oils – Crude oil, refined products, LNG (growing)
3. Electrical machinery & appliances – Semiconductors, computers, telecom gear
4. Optical, photographic & medical equipment – Precision instruments, diagnostic imaging
5. Vehicles & parts – Aircraft (Boeing), auto parts, specialized vehicles
6. Chemical products – Specialty chemicals, resins, essential oils
7. Pharmaceutical products – Biologics, R&D-intensive medicines
8. Plastics & articles – Polymers, finished plastic goods
9. Paper & cardboard – Specialty papers, packaging
10. ICT products – Software, cloud services, digital solutions

Services & Investment

• Services trade is huge: tourism (US→Spain #1 source market), business services, finance, royalties
• FDI stocks: U.S. is a top investor in Spain (auto, pharma, tech, energy); Spanish firms invest heavily in U.S. (banking: Santander, BBVA; infrastructure: Ferrovial, Iberdrola; fashion: Inditex)
• Digital economy: Growing cross-border data flows, cloud, fintech

Trade Context

• Spain is the U.S.'s ~15th largest goods trading partner
• EU-U.S. trade framework (no bilateral FTA; TTC – Trade & Technology Council)
• Non-tariff barriers: regulatory divergence (data, agriculture, standards)

Spain's export profile reflects its strengths: agri-food excellence, renewable energy tech, pharma R&D, and design-driven manufacturing. U.S. exports highlight American advantages in energy, high-tech, aerospace, and services.