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U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.
Spain is a powerhouse for agricultural biotechnology in the European Union, as the country remains the largest grower of biotech corn and a major consumer of feed ingredients.
This report is an update of GAIN report SP2020-0045. It outlines the legislation applicable to the export of U.S. food products to Spain, particularly focusing on those rules that differ from EU legislation.