Spanish Stock Exchange
Spain is reliant on its agricultural products, of which the most important, are olives to make oil, and grapes to make wine. Potatoes, vegetables, sugar beets, almonds, oranges and grains such as rice, barley and wheat, are also grown and harvested in Spain. Livestock, with the most common being goats and sheep, is another large agricultural market. Within the manufacturing sector, Spain produces products such as clothing, textiles, cement, iron, vehicles, steel, chemicals, boats, shoes and refined petroleum. Spain is the one of the world leaders in the production of cork,
which is manufactured with the assistance of the cork-oak tree forests. These forests may be able to support the cork industry, but is not able to supply sufficient amounts, to sustain the timber and wood-pulp demands of the country. The Spanish economy also relies on its fishing industry that supplies squid, tuna, hake, sardines and mussels.
The import and export industry of Spain is well balanced. While Spain imports products such as textiles, food products, metals, machinery, transportation equipment and mineral fuels, it exports a vast variety. Imports are mainly received from Belgium, the U.S, Japan, France, Italy, the U.K and Germany. Products such as textiles, basic metals, motor vehicles, vegetable products, machinery and mineral products are exported to countries the include the U.K, the U.S, France, Portugal, Italy and Germany. The Spanish Stock Exchange plays a crucial role in the country’s economy.