Spain's Service Sector: Trade, Transport, Tourism
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Tertiary Sector in Spain
The tertiary sector, or service sector, is a vital part of the Spanish economy, encompassing trade, transport, tourism, and other services.
Trade in Spain
Domestic Trade
Domestic trade is widespread in Spain, particularly in urban areas and those with higher income levels. It is dominated by small shops and traditional trading activities. In recent years, it has undergone a major restructuring:
- Modernization driven by new consumption patterns and technology.
- Expansion of new forms of trade.
- Crisis of traditional small businesses struggling to compete with large commercial enterprises.
Foreign Trade
Foreign trade has experienced spectacular growth. The Spanish trade balance remains in deficit, meaning imports exceed exports,... Continue reading "Spain's Service Sector: Trade, Transport, Tourism" »