What does Spain import from Portugal?

Spain imports from Portugal Value Year
Machinery, nuclear reactors, boilers $1.00B 2020
Plastics $848.64M 2020
Mineral fuels, oils, distillation products $622.74M 2020
Iron and steel $570.11M 2020

What does Portugal export to Spain?

Portugal-Spain: In 2019, Portugal exported $15.4B to Spain. The main products that Portugal exported to Spain are Vehicle Parts ($1.41B), Cars ($519M), and Refined Petroleum ($453M). … Comparison: In 2019, Portugal ranked 48 in the Economic Complexity Index (ECI 0.54), and 45 in total exports ($66.8B).

What is Spain’s main import?

Spain main imports were: capital goods (22 percent of total imports); chemicals (15 percent); energy products (13 percent); automotive sector (13 percent); consumer goods (12 percent); food, beverages and tobacco (12 percent); and non-chemical semi-manufactured products (7 percent).

What are 3 main imports for Spain?

Imports The top imports of Spain are Crude Petroleum ($27.8B), Cars ($21.6B), Vehicle Parts ($13.2B), Packaged Medicaments ($10B), and Petroleum Gas ($8.58B), importing mostly from Germany ($47.8B), France ($40.8B), China ($29.8B), Italy ($26.7B), and Netherlands ($16.5B).

What cars are made in Portugal?

There are currently 4 major car-manufacturers in Portugal: Toyota/Salvador Caetano, PSA Peugeot/Citroën, Mitsubishi FUSO Trucks and Volkswagen AutoEuropa and the cluster was recently consolidated through the installation of Mobinov.

What is Spain’s biggest export?

Spain main exports were: capital goods (20 percent of total exports); food, beverages and tobacco (17 percent); automotive sector (16 percent); chemicals (14 percent); consumer goods (10 percent); non-chemical semi-manufactured products (10 percent); and energy products (7 percent).

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What is the main industry in Spain?

Spain: Economy

Economic Trivia Spain is the second biggest foreign investor in Latin America.
Top Industries Textiles and Apparel (Including Footwear); Food and Beverages; Metals and Metal Manufactures; Chemicals

What is the import tax in Portugal?

Please note that European importers must pay the value-added tax (VAT) in full at the time of importation from a non-EU country, in Portugal VAT/IVA is currently 23%. Imports from EU countries only pay the VAT when a product is sold.

Does Portugal have import tax?

Things To Know When Shipping To Portugal

The import tax charged on a shipment will be 23% on the full value of your items.

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