Key Takeaways
- In 2022, the Basque Country's manufacturing sector produced 2.5 million tons of primary steel, accounting for 15% of Spain's total steel output.
- The machine tool industry in Basque Country exported €1.2 billion worth of products in 2023, with 85% destined for international markets.
- Basque aeronautics sector manufactured 1,800 components for Airbus A350 aircraft in 2022, contributing to 10% of global supply chain.
- In 2022, Basque manufacturing employment stood at 180,000 workers, 28% of total regional employment.
- Automotive industry employed 45,000 people in 2023, with 15% in R&D roles.
- Steel sector jobs numbered 12,500 in 2022, average wage €38,000 annually.
- Total industry turnover €75 billion in 2022, 35% of Basque GDP.
- Manufacturing GVA €28 billion in 2023, growth 4.2% YoY.
- Automotive sector revenue €18 billion in 2022, profit margin 6.5%.
- Basque industry exports €32 billion in 2023, 70% of total sales.
- Automotive exports €12.5 billion in 2022, 75% to EU.
- Machine tools exported €1.2 billion to Germany alone in 2023.
- R&D projects industry 1,250 in 2022, €1.8 billion funding.
- Patents filed by Basque industry 850 in 2023, 60% manufacturing.
- Innovation expenditure €2.5 billion in 2022, 3.2% sales.
Basque industry excels in manufacturing, exporting globally while investing heavily in innovation.
Economic Indicators
Economic Indicators Interpretation
Employment Data
Employment Data Interpretation
Manufacturing Output
Manufacturing Output Interpretation
R&D and Innovation
R&D and Innovation Interpretation
Trade and Exports
Trade and Exports Interpretation
Sources & References
- Reference 1EUSTATeustat.eusVisit source
- Reference 2EUSKADIeuskadi.eusVisit source
- Reference 3HESAhesa.eusVisit source
- Reference 4NAVANTIAnavantia.esVisit source
- Reference 5ACEVASCOUNTRYacevascountry.comVisit source
- Reference 6CLUSTERINDUSTRIALclusterindustrial.eusVisit source
- Reference 7OTARITAKotaritak.eusVisit source
- Reference 8INEine.esVisit source
- Reference 9CLUSTERTEXTILEclustertextile.eusVisit source
- Reference 10UNECEunece.orgVisit source
- Reference 11PLASTICSINDUSTRYplasticsindustry.orgVisit source
- Reference 12ADDITIVEMANUFACTURINGadditivemanufacturing.mediaVisit source
- Reference 13AFMafm.esVisit source
- Reference 14ECec.europa.euVisit source






