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 804 Corp - Ports 908 Corp - Shipping 1025 Elections 124 Energy - Conventional 468 Mode - Seaborne 1845 Spain 57 Trade Deals 1017 U.S. 5398

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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