Resumen:
his paper considers the evolution of Spanish trade withMERCOSUR and Argentina. According to the averagegrowth rate registered in the past, the current level oftrade with MERCOSUR is well below its potential. Textilesand Clothing, and Other Equipment Goods, constitute verypromising categories of exported goods for Spain. As toArgentina, Animals Feed and Ores and Minerals haveshown to be the most promising categories of tradedgoods with a clear upward trend. Other categories ofgoods have exhibited a moderate behavior.