Spain's economy through the eyes of Masterforex-V traders

Spain's economy through the eyes of Masterforex-V traders

In this article, I would like to give brief information about the Spanish industry, the level of its economic development, and also describe some of the most developed industries in numbers. The data was taken from official sources, and, at one time, was accumulated by me in a marketing report on the Spanish market.

Currently, the Spanish economy is in recession since 2008, the consequences of the crisis are high unemployment, about 20% of the population, stagnation in production and a budget deficit. Spain's GDP (Gross Domestic Product) in 2012 (forecast) will amount to 1058 billion euros. The population of Spain in 2011 amounted to 46.125 million people. Labor employment of the population of Spain amounted to 18.105 million people. If we consider the structure of Spain's GDP, we can single out the main share, about 65% in the service sector, while the share of industry is 32%, and agriculture is only 3%.

Spain's main trading partners are France and Germany, followed by Latin and North America. In the world market, Spain ranks 16th in terms of product exports and 13th place in terms of imports.

Current state of trade and economic relations between Russia and Spain

Trade and economic relations between Russia and Spain are getting better and better every year, bilateral trade has a positive trend.

About 80% of all Russian exports to Spain are fuel and energy products, the export of ferrous metals is more than 10%, the export of machinery and equipment, incl. equipment for various purposes and vehicles - less than 1%.

Among the goods imported to the territory of the Russian Federation from Spain, vehicles prevail - more than 25%, food products about 17%, machinery and equipment more than 11%, boilers and boiler equipment about 11%, plastic products - 3.5%, ceramics - 2.7%, furniture - 1.2%.

Spain is the 19th trading partner of Russia in terms of turnover (according to data for 2012). Primary commodities (mineral fuel, oil and petroleum products) prevail among Russian exports. Among the imported goods, vehicles, foodstuffs, machinery and equipment, boilers and boiler equipment prevail.

Spanish Automotive

The annual production of the automotive industry exceeds 39.8 billion euros, which is 5.7% of the country's GDP. On average, the production of vehicles in Spain per month is:

190 thousand cars,

30k passenger cars for cargo transportation,

Agriculture tourism in spain

General information about Spain

The official name is the Kingdom of Spain (El reino de Espana, The Kingdom of Spain). Located in southwestern Europe (occupies St. 4/5 of the Iberian Peninsula, as well as the Balearic Islands in the Mediterranean Sea and the Canary Islands in the Atlantic Ocean). The total area is 506 thousand km2, the population is 40.2 million people. (2002). The state language is Spanish (Castilian dialect). The capital is Madrid (3 million people, 2002). National holiday - Day of the Spanish Nation on October 12. The monetary unit is the euro (since 2002, before this peseta).

Possessions (under the direct control of Spain): the cities of Ceuta and Melilla, located on the northern coast of Africa with adjoining small islands and capes: Chafarinas, Alusemas, Velez de la Gomera.

Member of international organizations: UN (since 1955), NATO (1981), EU (1986), as well as OECD, OSCE, IMF, WTO, UNESCO, etc.

Attractions in Spain

Geography of Spain

Located between 43 ° and 36 ° north latitude and between 3 ° east and 9 ° west longitude. It is washed by the waters of the Atlantic Ocean - in the northwest and southwest, the Mediterranean Sea - in the south and east.

The total length of sea borders is 4964 km, land borders are 1918 km. The coasts of Spain are poorly dissected, but in the north and northwest in the Bay of Biscay there are a number of convenient bays that are natural harbors.

Spain borders France in the north (the length of the Franco-Spanish border is 623 km) and on a short section with Andorra (62.3 km), in the west - with Portugal (1214 km), in the southwest - with Gibraltar (1.2 km), in the south - with Morocco (Ceuta, 6.3 km and Melilla, 9.6 km).

The landscape of Spain is a kind of "continent in miniature", full of contrasts and deep natural differences. The center of the country is located at a distance of 300 km from the sea. In the relief, the dominant role is played by systems of mountain ranges and high-mountain plateaus, which occupy 60% of the country's interior. In the northeast, Spain is connected to Europe by the ridge of the Pyrenees Mountains, stretching for 440 km and reaching 3404 m in height (Aneto peak). The main part of Spain is filled with the largest plateau in Europe, called the Central or Castilian Meseta (660 m above sea level). It is bordered on almost all sides by mountain ranges: the Cantabrian Mountains with the main peak of the Peña de Seredo (height 2500 m), the Galician massif, the Iberian and Toledo mountains. Meseta is crossed from northeast to southwest by the Central Cordillera ridge, the highest point of which is Plaza Almansor (2678 m). Along the southern and southeastern Mediterranean coast of Spain, there is a system of Andalusian, or Betheskie, mountains, breaking up into a large number of ridges and massifs, the highest of which (more than 3000 m in height) is the Sierra Nevada. There is also the highest point of peninsular Spain - the Mulasen peak, 3481 m. Along the Mediterranean coast there is a mountain range of the Catalan Mountains with the Montseny peak (1698 m). In the east, under their cover, Mediterranean Spain opens, where sandy coastal valleys and steep cliffs alternate. The Canary Islands are of volcanic origin. On the island of Tenerife, the largest of the Canary Islands, there is the highest point in Spain - Teide peak (3717 m).

Lowlands in Spain occupy a relatively small area. To the east, the Catalan Mountains are adjoined by the vast Aragonese Plain, and to the southwest by the Andalusian Lowland, which forms the coast of the Gulf of Cadiz. Two other plains adjoin the Mediterranean in a narrow strip: Valencian and Murcia.

Spain (English - Spain) is a kingdom in Southern Europe, a member of the European Union, Eurozone, Schengen Area, NATO.

Map of Spain, its administrative divisions and structure

Spain on Google Map:

Spain visa regime

The country is part of the Schengen area, so a valid visa of any other Schengen country will be suitable for traveling here in addition to a Spanish visa.

By mid-2020, the Schengen area officially includes 26 states:

  • 22 EU members: Greece, Austria, Hungary, Germany, Italy, Belgium, Lithuania, Luxembourg, Portugal, Latvia, Denmark, Poland, Netherlands, Spain, Malta, France, Finland , Slovenia, Slovakia, Estonia, Czech Republic and Sweden;
  • 4 countries outside the EU: Liechtenstein, Iceland, Norway and Switzerland.

De facto in Schengen also:

  • Monaco, Vatican City, Andorra, San Marino (no border control);
  • Croatia, Romania, Cyprus, Bulgaria (entry allowed with or without a Schengen visa visas for citizens of countries with which the EU has a visa-free regime).

Who doesn't need a Spanish visa? Citizens of Australia, New Zealand, Argentina, Mexico, USA, Peru, Brazil, Ukraine, Moldova, Georgia, Canada, South Korea, Japan and others can come to Spain without a visa. Details on the map below.

Spain and Schengen Visa Policy.

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