million. Its acces to a sizable regional market is made even more alluring by its membership
in the European Union. Spain's principal sectors are consumer goods, information
technology, tourism, automobiles, and renewable energy. Businesses in Indonesia should
focus on markets that complement the advantages of their goods. Furthermore, for a
successful market entry strategy, one must comprehend Spanish culture and business
practices.
Market analysis and localization of products
It is essential to conduct in-depth market research prior to entering any overseas market.
Indonesian exporters need to understand local consumer preferences, rivalry, distribution
routes, and pricing tactics in order to be successful in Spain. Engaging in partnerships with
nearby market research companies or advisors can yield priceless perspectives on consumer