Spain - Commercial Guide
Business Investment Services

This is a best prospect industry sector for this country. Includes a market overview and trade data.

Last published date: 2020-08-07

Overview 

Foreign Direct Investment Position  

2017

2018

2019 estimated

2020  

U.S. FDI in Spain 

35,482

35,425

40,793

n.a.

Spanish FDI in the U.S. 

77,816

83,379

86,796

n.a.

Foreign Direct Investment Flows 

       

U.S. FDI in Spain 

-1,169

-57

5,368

n.a.

Spanish FDI in the U.S. 

6,257

5,563

3,417

n.a.

Exchange Rates – Euro 1.00: USD 1.00

1.1297

1.1810

1.1195

1.1182

Units: USD millions  
Source: Bureau of Economic Analysis/SelectUSA 

The United States continues to be a strategic destination for investment by Spanish firms. Spain is the 10th largest investor in the United States, based on country of ultimate ownership. Latest statistics from the Bureau of Economic Analysis (BEA) show Spanish investment in the United States in 2019 at USD 86.8 billion, much of which has been invested by companies providing top-notch, cutting-edge technology. According to the Spanish Ministry of Industry, Commerce and Tourism, the United States is the number one destination for Spanish FDI in terms of accumulated stock and ranked third in terms of investment flow in 2018.  Statistics from  the Bureau of Economic Analysis, show U.S. affiliates of Spanish-owned firm as employing more than 84,100 U.S. workers in 2017.  

Leading Sub-Sectors 

Spanish investors have been very successful in tapping into investment opportunities in the United States, particularly in textiles, financial service, business services, software & IT services, renewable energy and consumer products. Many of these companies bring with them new products, new technology, and, in many cases, new business models. The success enjoyed by these companies is attracting the interest of second tier Spanish company investors, many of which are key suppliers to the leading Spanish multinationals.   

The U.S. Commercial Service receives many inquiries from Spanish companies about establishing contacts with U.S. companies that can provide assistance with task including setting up an office, understanding tax implications and legal requirements, or preparing visa applications. Business and site selection consultants are also sought to help with business plan development, labor legislation, and specialized human resources. There is specialized demand for consultants who can identify partners for the development of alliances in specific areas. 

Opportunities 

Business opportunities exist for U.S. service companies such as attorneys, accountants, consultants, and engineers that can offer their services to the Spanish investors and companies expanding in the U.S. Opportunities also exist for state and regional Economic Development Offices to conduct outreach activities to promote the advantages of investing in their respective states.  

SelectUSA is a U.S. government-wide program led by the U.S. Department of Commerce. Its mission is to facilitate job-creating business investment into the United States and raise awareness of the critical role that economic development plays in the U.S. economy. SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy. It also helps companies of all sizes find the information they need to make decisions, connect to the right people at the local level, and navigate the federal regulatory system.  

U.S. Commercial Service Spain: 

Business Services Specialist: Carmen Ribera  

Tel: +34 91 308 1544 

e-mail: carmen.ribera@trade.gov