Brief observations on trade relations Brazil and Spain

Abstract

This text deals with the trade relations between Brazil and Spain of recent years. Spain has a higher volume of exports to Brazil of manufactured products of higher added value. Since Brazilian exports to Spain are basically commodities and products related to agribusiness that adds technical value to the production chain and not to the final product, as in the case of the soy complex. The liberalization of trade undertaken by Brazil from the 1990s brought major changes (negative) for Brazilian industry, decreasing its share in the GDP and foreign trade. On the other hand, Spain's entry into the European Union in the late 1980s initially brought large investments that allowed modernizing its industrial park, whose benefits in relation to Brazil are now being felt. Thus, the article attempts to provide an overview of trade relations between both countries, concluding that Brazil still remains active in agricultural export, strengthening its submission to the traditional International Division of Labor.