["Nations and Nationalism, Volume 28, Issue 2, Page 539-556, April 2022. ", "\nAbstract\nAre populism and nationalism two inseparable dimensions? The controversial argument is that both exclusionary and inclusionary populism draw on nationalist representations and traditions to construct their political discourse. In the case of Podemos, several scholars have argued that this party presents a nationalistic character based on its invocation of the ‘patria’ and a demarcated, imagined political community. This article relies on an original data set in order to test this hypothesis related to Podemos's supply and demand. With regard to supply, we explore four party manifestos to elucidate how Podemos refers to the nation, Spanish identity, sovereignty and immigration. To evaluate demand, we analyse the party's supporters' political attitudes and values regarding the nation, assimilation of immigrants and national preferentialism. Our results show that Podemos's supporters express lower levels of national identification than the remainder of the population. Similarly, the former analysis reveals a pro‐immigration position and a tendency of the party Podemos to avoid issues related to national identity. Departing from these results, we draw several implications on the use of nationalism for the categorisation of political parties and, in particular, left‐wing populism.\n"]