Spain is an agricultural country, Spain produces wheat, barley, vegetables, tomatoes, olives, sugar beets, citrus fruit, grapes, and cork. Spain is the world's largest producer of olive oil.
The major industries produce textiles and apparel, foods and beverages, metals and metal products, chemicals, ships, automobiles, machine tools, clay and refractory products, footwear, pharmaceuticals, and medical equipment.
Fishing, notably for sardines, tuna, cod, and anchovies, is an important source of livelihood, especially on the Atlantic coast, and fish canning is a major industry.
Tourism is Spain's greatest source of income.
Spain has made great economic progress in recent decades, but it still lags behind most of Western Europe. Though industry has grown considerably since the 1950s, the country still has a large trade imbalance. Spain's greatest trade is with France, Germany, Italy, and Great Britain. Among the leading exports are machinery; motor vehicles; fruit, wine, and other food products; and pharmaceuticals. Major imports include machinery and equipment, fuels, chemicals, manufactured goods, foodstuffs, and medical instruments.
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