• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 3,439mn
FDI inflow over April 2000 - March 2021

US$ 4.75bn

Bilateral trade in 2020-21

Over 69,988
NRIs/PIOs currently live in Spain

Concurrent Accreditation The Mission in Spain also handles India's bilateral relations with Andorra

30

Ranking in the World Bank's Ease of Doing Business 2020 list has been achieved by Spain's push into regulatory, economic reforms.

Investment

Spain has strengthened minority investor protections by clarifying ownership and control structures through effective regulations.

200+

Spanish companies in India operate in metallurgy, renewable energy, automobile, and infrastructure development, among others.

2nd

Spain has 2nd largest rail network in OECD countries; best motorway network in EU; third in terms of air traffic passenger volume in EU.

US$130m

has been spent by Indian companies in Spain (top 30); More than 40 Indian companies are currently operating in Spain in IT, pharma, etc.

India's Exports and Imports to Spain

Invest in Spain

+34-91-503-5800, +34-91-349-7100

Visit Website

Paseo de la Castellana, 278 - 28046 Madrid

Spanish Confederation of Employers' Organizations

+34-91-566-3400

Visit Website

Diego de León, 50 28006 Madrid (Spain)

Indo Spanish Chamber of Commerce

,

+91 11 66351455

Visit Website

Regus Elegance, second floor Elegance, Jasola District center Old Mathura Road,New Delhi-110025

Embassy of India, Madrid, Spain

+34-91-769-3741

Visit Website

Embassy of India Avenida Pio XII, 30-32 28016 Madrid

Honorary Consulate General of India, Tenerife

+34-92-224-3503

Visit Website

Villalba Hervas No. 1 Entlo, 38002 Santa Cruz de Tenerife

Opportunities

Agricultural exports

    Orange juice, not frozen (excl. of 2009.19), unfermented & not cont. added … (200919)
    Protein concs. & textured protein subs. (210610)

    agriexchange.apeda.gov.in

    Beer made from malt (220300)
    Gin & Geneva (220850)
    Liqueurs & cordials (220870)
    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Rum & tafia (220840)
    Sparkling wine of fresh grapes (220410)
    Vodka (220860)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
    Whiskies (220830)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)

    agriexchange.apeda.gov.in

    Carcasses/half-carcasses of bovine animals, fresh/chilled (020110)
    CASEIN CASEIN DERIVATIVES CASEIN GLUES (350110)
    Cuts & edible offal of species gallus domesticus, frozen (020714)
    Edible parts of plants, prepd./presvd., whether or not cont. added sugar/ot … (200899)
    Guts, bladders & stomachs of animals (other than fish), whole & pieces ther … (050400)
    Hams, shoulders & cuts thereof , fresh/chilled, bone-in (020312)
    Meat of bovine animals, fresh/chilled (excl. of 0201.10), bone-in (020120)
    Meat of bovine animals, fresh/chilled, boneless (020130)
    Meat of bovine animals, frozen, boneless (020230)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), fresh/chilled (020319)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)
    Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)

    agriexchange.apeda.gov.in

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in ch.19, whethe … (190590)
    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)
    Sweet biscuits (190531)

    agriexchange.apeda.gov.in

    Maize (corn), other than seed (100590)
    Maize (corn), seed (100510)
    Malt extract; oth. food preps. of flour/groats/meal/starch/malt extact [see … (190190)
    OTHER BARLEY EXCL SEED (100390)
    Other durum wheat excl seed (100119)
    OTHER WHEAT AND MESLIN (100199)
    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)

    agriexchange.apeda.gov.in

    Undenatured ethyl alcohol of an alcoholic strength by volume <80%vol; oth. ... (220890)
    Undenatured ethyl alcohol of an alcoholic strength by volume of 80% vol. (220710)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1803.10-1806.10), in blo … (180620)
    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180631)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180632)
    Cocoa beans, whole/broken, raw/roasted (180100)
    Cocoa paste, wholly/partly defatted (180320)

    agriexchange.apeda.gov.in

    Butter (040510)
    Cheese (excl. of 0406.10-0406.40) (040690)
    Fresh (unripened/uncured) cheese, incl. whey cheese, & curd (040610)
    Grated/powdered cheese, of all kinds (040620)
    Ice cream & oth. edible ice, whether or not cont. cocoa (210500)
    Milk & cream, not concentrated/sweetened, fat content by wt. >1% but not >6 … (040120)
    Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
    Processed cheese, not grated/powdered (040630)
    Yogurt (040310)

    agriexchange.apeda.gov.in

    Uncooked pasta, not stuffed/othw. prepd., not cont. eggs (190219)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Mixes & doughs for the preparation of bakers’ wares of 19.05 (190120)
    Natural honey (040900)
    OTHR EDBL MXR/PRPNS OF ANML/VEGTBL FATS/ OILS/OF FRACTNS OF DIFFRNT FATS/OILS (151790)
    Preparations for infant use, put up for RS (190110)
    Preparations of fruit (excl. citrus fruit; excl. homogenized), obt. by cook … (200799)
    Prepared foods obt. by the swelling/roasting of cereals/cereal prods. (190410)
    Prepared/presvd. preps. of fowls of the genus Gallus domesticus (excl. homo … (160232)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)

    agriexchange.apeda.gov.in

    Apples, fresh (080810)
    Asparagus, fresh/chilled (070920)
    Asparagus, presvd./presvd. othw. than by vinegar/acetic acid, not frozen, o … (200560)
    Avocados, fresh/dried (080440)
    Bananas frsh or dried (080390)
    Cranberries, bilberries & oth. fruits of the genus Vaccinium, fresh (081040)
    Fruits of the genera Capsicum/Pimenta, fresh/chilled (070960)
    Grapes, fresh (080610)
    Guavas, Mangoes & Mangosteens, fresh/dried (080450)
    Kiwifruit, fresh (081050)
    Lemons (Citrus limon/limonum) & limes (Citrus aurantifolia/latifolia), fres … (080550)
    Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
    Melons (excl. watermelons), fresh (080719)
    Oranges, fresh/dried (080510)
    OTHER CANE SUGAR: (170114)
    Pineapples, fresh/dried (080430)
    Pineapples, prepd./presvd., whether or not cont. added sugar/oth. sweetenin … (200820)
    Potatoes other than seed potatoes, fresh/chilled (070190)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, not frozen, oth … (200520)
    Potatoes, uncooked/cooked by steaming/boiling in water, frozen (071010)
    Raspberries, blackberries, mulberries & loganberries, fresh (081020)
    Strawberries, fresh (081010)
    Strawberries, prepd./presvd., whether or not cont. added sugar/oth. sweeten … (200880)
    Sweet corn (Zea mays var. saccharata), prepd./presvd. othw. than by vinegar … (200580)
    Tomatoes, fresh/chilled (070200)
    Vegetable seeds, of a kind used for sowing (120991)
    Vegetables, n.e.s., uncooked/cooked by steaming/boiling in water, frozen (071080)

    agriexchange.apeda.gov.in

    Beans (Vigna spp., Phaseolus spp.), shelled/unshelled, fresh/chilled (070820)
    Chickpeas (garbanzos), dried, shelled, whether or not skinned/split (071320)

    agriexchange.apeda.gov.in

    Lentils, dried, shelled, whether or not skinned/split (071340)

    agriexchange.apeda.gov.in

    Crustaceans; frozen, shrimps and prawns, excluding cold-water varieties, in shell or not smoked, cooked or not before or during smoking; in shell, cooked by steaming or by boiling in water (030617)
    Fish preparations; tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved whole or in pieces (but not minced) (160414)
    Fish; frozen, yellowfin tunas (Thunnus albacares), excluding fillets, livers, roes, and other fish meat of heading 0304 (030342)
    Molluscs; cuttle fish and squid, whether in shell or not, frozen, dried, salted, in brine, or smoked, cooked or not before or during the smoking process (030749)
    Molluscs; octopus (Octopus spp.), frozen, dried, salted, in brine, or smoked, cooked or not before or during the smoking process (030759)

    fishexchange.mpeda.gov.in

    GROUND-NUT, NOT ROASTED OR OTHERWISE COOKED, WHETHER OR NOT SHELLED OR BROKEN-IN SHELLED WHETHER OR NOT BROKEN (120242)
    Nuts (excl. ground-nuts), incl. mixts., prepd./presvd., whether or not cont … (200819)
    Walnuts, in shell (080231)
    Walnuts, shelled (080232)

    agriexchange.apeda.gov.in

    OTHER (200599)

    agriexchange.apeda.gov.in
Employment Opportunities

*Information subject to changes amid the global COVID-19 pandemic.

Spain has made a successful economic recovery, underpinned by strong employment growth, gains in competitiveness and favorable external and financial conditions. The current economic expansion offers an opportunity to increase the resilience of public finances, enhance job creation and ensure a more sustainable and inclusive economy.

    Production engineers, engineering professionals and support technicians

    The demand for production and industry engineers in Spain is increasing (with most of the jobs offers – 71% – arising from manufacturing companies. Supply seems to be insufficient. 642 thousand engineering professionals and support technicians are expected to be needed in Spain by 2025

    Government job portalShortage Occupations

    Occupational therapists, paediatricians and plastic surgeons

    There is a limited supply of medical graduates in Spain and they are listed in the shortage occupations list

    Government job portalShortage Occupations

    The tourism industry is an important economic driver in the country, accounting for about 11% of the nation’s annual GDP. As the world’s third-most popular tourist destination, Spain receives more than 75 million tourists each year

    Spain's Shortage of Occupation listGovernment job portal

    Data scientists and Big Data specialists are in demand due to advanced manufacturing practices

    Government job portalShortage Occupations

    Managers, directors, MBAs in finance, sales, human resources, quality, project management

    Managers and directors are among the occupations forecasted to have a strong employment increase e.g. more than 704 thousand jobs are expected to be created by 2025. Supply is not sufficient to meet the existing demand for professionals – according to some recent reports managerial positions are among the most difficult-to-fill job vacancies

    Spain's Shortage of Occupation listGovernment job portal

    Highly qualified sales professionals.

    Sales agents/salespersons, both for national and/or international markets, are one of the occupations where enterprises currently identify significant difficulties in finding highly qualified professionals. Supply is insufficient to meet demand. Skills required are selling abilities, good planning and management skills, being customer-oriented, negotiation and good communication skills and, in the case of salespersons for international markets, fluency in foreign languages.

    Spain's Shortage of Occupation listGovernment job portal

    Ship refrigeration specialists, ship engine operators and mechanics, ship radio officials, pilots and officials of merchant ships, ship waiters/stewards/cooks, ship firemen, sailors and ship controllers and technicians

    Vacancies in several shipping-related occupations have been identified as particularly difficult to fill

    Spain's Shortage of Occupation listGovernment job portal
Minerals

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Spain
  • Machines and mechanical appliances
  • Vehicles and automobiles
  • Plastic products
  • Electrical appliances
  • Olives and olive oil
India's top export to Spain
  • Organic chemicals
  • Textiles and garments
  • Iron and steel products
  • Automotive components
  • Leather goods

Bilateral Investors

Country News

India-UAE to further defence cooperation through joint production and trade

October 28, 2020

India and UAE take steps towards strengthening their defence cooperation, …

Read More

Strengthening trade & economy, the pillars of India-EU partnership

October 7, 2020

On October 7, 2020, Union Railways and Commerce & Industry …

Read More

India and EU renew S&T agreement for 5 years

July 16, 2020

India and the European Union (EU) have agreed to renew …

Read More