Spain is home to some of the world's largest fashion groups, including Inditex (Zara) and Mango (Barcelona), and is one of Europe's biggest apparel importers.
India, China and Bangladesh are major suppliers of fabrics and garments. We connect Spanish and EU buyers with vetted factories and manage quality control and logistics.
Spain imported USD 19.0 billion of apparel in January–October 2025, up 7.1%. China (19.1%) and Bangladesh (18.9%) are the top suppliers. Trousers, jerseys and T-shirts are the largest categories.
Indicative estimates by Think Euro International. Actual results depend on capital invested, pricing, buyers and execution.
| EU import duty | Garments: 12% standard (e.g. from China). Bangladesh: 0% (EU 'Everything But Arms'). India: fabrics about 4–8% (no GSP discount for textile materials in 2026–28); garments get a reduced GSP rate. The India–EU FTA will remove duties on Indian textiles immediately once in force. |
|---|---|
| Spanish VAT (IVA) | 21% |
| Spanish corporate tax | Spanish SL: 25% standard rate. Reduced 2026 rates: 19% on the first €50,000 of profit and 21% on the rest for companies with turnover under €1M; 23% for turnover under €10M; 15% for the first two profitable years of a newly created company. |
India–EU FTA: negotiations concluded on 27 January 2026. It is not yet in force (expected no earlier than 2027); once in force it removes or cuts EU duties on most Indian goods.
We coordinate company formation, registrations and licensing end-to-end with our legal and customs partners.
Talk to our team about sourcing, market entry, licensing and setting up your business in Spain.
Figures and rates are for general information (updated September 2026) and can change. Duty rates depend on the exact customs (TARIC) code, and tax depends on your specific situation. Please confirm with us before making investment decisions. This page is not legal or tax advice.
