Every year, over 250,000 public authorities in the EU spend around 14 percent of the EU’s GDP on the purchase of services, works and supplies. In many sectors such as energy, transportation, waste management, social protection and the provision of health or education services, public authorities are the principal buyers. In order to create a level playing field for businesses, the EU law sets out minimum, harmonized public procurement rules, which are translated into national legislation and apply to tenders whose monetary value exceeds the following amounts:
With a share of one-fifth of Spain’s total merchandise exports, the capital goods industry (machinery, electrical and transportation equipment) is the country’s most important export industry. At the same time, Spain is a major importer of machinery components and parts. In 2015, Spain bought goods from abroad for $312 billion, and 10 percent of this amount, $30 billion, went toward machinery purchases.