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Soon Spanish Is Expected To Be The Second Commerce Language Of The World!


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With its reach approach in global trade Spanish is considered as world’s for favorite language for commerce and soon expected to consider as world’s second language.

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Soon Spanish Is Expected To Be The Second Commerce Language Of The World!

  1. 1. Soon Spanish Is Expected To Be The Second Commerce Language Of The World! Spanish is not just a native language any more it’s now more than that. In a report by British Council, Spanish is entitled “Languages for the Future”, as it is the most important language to learn. Well, there is no wonder behind this, as nearly 470 million people speak Spanish as their first language and 60
  2. 2. million people use it as a second language while 20 million students are studying it as a foreign language. According to reports more than 38 million Americans speak Spanish at home. The demand of Spanish language and culture is highest in United States. A research carried out that the mutual trade increases by 290% when Spanish is shared as a language of commerce. In united state if you are selling your product and providing any kind of service in Spanish language then with no doubt your business will get a phenomenal expand. [ Must Read: Reliable Reasons Why You Should Learn Chinese Translation ] With its growing popularity in almost all the sectors, it is believed that, soon Spanish could be considered as world’s second language. The countries which use Spanish as their official language are Mexico, Colombia, Spain, Argentina, Peru, Venezuela, Chile, Ecuador, Guatemala, Cuba, Bolivia, Dominican Republic, Honduras, Paraguay, El Salvador,
  3. 3. Nicaragua, Costa Rica, Puerto Rico, Panama, Uruguay and Equatorial Guineag. Spain is world’s 16th largest export economy and considered as 28th most complex economy in Economic Complexity Index (ECI). In the year 2014, Spain exported $299B and imported $342B with a negative trade balance of $42.5B. While in 2014 the GDP of Spain was $1.38T and its GDP per capita was $33.6K. A major trade of Spain is dependent on Vehicles, Machines, Oil, Iron and steel and clothing exports. Even in the world of technology Spanish language is used by a large mass of people. Silicon valleys across the world are also showing their interest toward this language for promoting their products. Bangalore is known as Silicon Valley of India. Due to demand of Spanish language in tech world too, there are several companies providing Spanish Translation Services in Bangalore to the Techies in order to make their approach in Spanish market.
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