Catalan Independence Raises Questions for A Fifth of Spain-U.S. Sea Trade — Panjiva
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Catalan Independence Raises Questions for A Fifth of Spain-U.S. Sea Trade

Consumer Staples 740 Corp - Ports 861 Corp - Shipping 946 Elections 121 Energy - Conventional 432 Mode - Seaborne 1765 Spain 47 Trade Deals 982 U.S. 5260

The prospect of Catalan independence from Spain has led six of the seven largest companies domiciled in the region to move their official domiciles. In the unlikely event of a secession the independent state would not automatically be part of the EU customs area or free trade area, greatly complicating international trade. Panjiva data shows the region’s two main ports – Barcelona and Tarragona – accounted for 19% of Spain-to-U.S. seaborne shipments in the past year. Major shippers including Repsol (oil products), Freixenet (wine), Puig (luxury goods) and Lecta (paper), while the leading...

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