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Spain Posts Smallest Trade Gap in 4 Months
Spain's trade deficit decreased to EUR 2.036 billion in March of 2020 from EUR 2.353 billion in the same month of the previous year. This was the smallest monthly trade gap since last November. Imports slipped 14.4% to EUR 23.81 billion, mainly dragged down by lower purchases of equipment goods (-11.4%); energetic products (-27.8%) and vehicles (-28.5%). Among major trading partners, imports decreased from Germany (-16.2%), France (-12.7%), Italy (-20.3%) and China (-21%), but those from the US rose (6.8%). Exports fell 14.5% to EUR 21.77 billion, primarily due to reduced shipments of equipment goods (-18.1%); vehicles (-33.7%); energetic products (-45.3%) and consumption manufactures (-31%). Exports declined mostly to France (-18.9%), Germany (-17.8%), Italy (-23.7%), Portugal (-12.7%), the US (-8.5%) and China (-0.8%).
Published on 2020-05-19

Spain Trade Gap Narrows in February
Spain’s trade deficit narrowed to EUR 2.117 billion in February 2020 from EUR 2.628 billion in the same month of the previous year. Exports rose 4.2 percent to EUR 23.99 billion, boosted by higher sales of food, beverages & tobacco (8.5 percent); energetic products (9 percent); vehicles (8.2 percent); and consumption goods (1.8 percent). Among major trading partners, shipments went up to Germany (6.9 percent), Italy (7.4 percent), France (0.7 percent), the US (14.3 percent), and China (29.9 percent). Imports increased 1.8 percent to EUR 26.11 billion, driven by purchases of food, beverages & tobacco (1.1 percent); equipment goods (7.4 percent); vehicles (3.4 percent); and consumption manufactures (2.9 percent). Imports advanced mainly from Germany (6.4 percent), France (4.4 percent), the US (34.4 percent) and China (-2.2 percent).
Published on 2020-04-21

Spain Trade Deficit Narrows in January
Spain’s trade deficit narrowed to EUR 3.509 billion in January 2020 from EUR 4.483 billion in the corresponding month of the previous year. Exports went up 2.7 percent to EUR 23.14 billion, driven by higher sales of energetic products (34.9 percent); food, beverages & tobacco (7.9 percent); consumption goods (7.7 percent) and chemicals (0.5 percent). Among major trading partners, shipments advanced to France (9.6 percent), Italy (5.6 percent), Portugal (2.1 percent) and the US (5.6 percent). Imports fell 1.3 percent to EUR 26.65 billion, mostly due to lower purchases of equipment goods (-5.3 percent); raw materials (-23.6 percent); vehicles (-4.6 percent); and non-chemicals semi manufactures (-5.1 percent). Imports increased mainly from Germany (-8.6 percent), France (-6.1 percent) and China (-2.2 percent).
Published on 2020-03-20

Spain Trade Gap Narrows in December
Spain’s trade deficit narrowed to EUR 2.094 billion in December 2019 from EUR 3.24 billion in the same month last year. Exports rose 6.6 percent to EUR 22.57 billion, boosted by higher sales of food, beverages & tobacco (11.1 percent); vehicles (15.2 percent) and chemicals (7.3 percent). Among major trading partners, shipments rose to France (14.6 percent); Italy (13.3 percent); Portugal (10.9 percent) and the US (19.1 percent). Imports went up 1.0 percent to EUR 24.66 billion, mainly due to an increase in purchases of equipment goods (7.2 percent); manufactured goods (8.8 percent) and food, beverages & tobacco (6.5 percent). Imports advanced mainly from France (3.1 percent); China (3.8 percent) and from the US (20.3 percent). Considering full 2019, the trade gap shrank to EUR 31.98 billion from EUR 34.39 billion in 2018, with exports rising 1.8 percent and imports increasing 1.0 percent.
Published on 2020-02-20

Spain Posts Smallest Trade Gap in 5 Months
Spain's trade deficit narrowed to EUR 1.86 billion in November 2019 from EUR 2.57 billion in the same month last year. This was the smallest trade gap since June, as imports declined 3.3% to EUR 26.93 billion, amid lower acquisitions of capital goods (-2.4%); chemicals (-2.8%); vehicles (-2.5 percent) and energy products (-13.3%). Among major trade partners, imports from the Euro Area shrank 1%, owing to declines from Germany (-3.9%), France (-2%) and Italy (-8.5%). Purchases also fell from China (-5.8%), Turkey (-2.4%), Switzerland (-26.8%), but were higher from the UK (3.1%) and the US (10%). Exports dropped 0.9% to EUR 25.06 billion, as shipments sank for chemicals (-7.2%); non-chemical semi-manufactured goods (-4.3%); energy products (-26.1%) and raw materials (-4.6%). Sales to the Euro Area grew 1.5%, as increases from France (0.9%), Germany (0.7%) and Belgium (29.6%) outpaced decreases from Italy (-4.1%) and Portugal (-3%). Exports fell sharply to Switzerland (-30%).
Published on 2020-01-21

Spain Trade Balance Narrows as Exports Hit Record
Spain's trade deficit narrowed to EUR 2.58 billion in October 2019 from EUR 3.88 billion in the same month last year, as exports rose 1.7 percent to an all-time high while imports dropped 2.7 percent.
Published on 2019-12-20

Spain Trade Gap for September Largest in 8 Years
The Spanish trade deficit widened to EUR 4.26 billion in September 2019, the largest trade gap for that month since 2011, as imports rose 8.9 percent from a year earlier and exports increased at a softer 5.8 percent. Considering the third quarter as a whole, the country recorded a EUR 10.73 billion trade shortfall.
Published on 2019-11-21

Spain Posts Largest August Trade Deficit in 8 Years
The Spanish trade deficit rose to EUR 3.98 billion in August 2019 from EUR 3.06 billion in the same month of the previous year. It was the largest trade gap for an August month since 2011, as exports slumped 6.2 percent and imports went down at a softer 1.5 percent.
Published on 2019-10-22

Spain Trade Gap Narrows in July
The Spanish trade deficit narrowed to EUR 2.49 billion in July 2019 from EUR 3.25 billion in the same month of the previous year, as exports rose 3.8 percent and imports increased at a softer 0.6 percent. Considering the first seven months of the year, the country's trade shortfall decreased to EUR 17.20 billion from EUR 17.83 billion in the corresponding period of 2018.
Published on 2019-09-23

Spain Posts Smallest Trade Gap in 15 Months
The Spanish trade deficit narrowed to EUR 1.53 billion in June 2019 from EUR 2.45 billion in the corresponding month of the previous year. It is the smallest trade shortfall since March last year, as exports increased 0.9 percent and imports fell 2.6 percent.
Published on 2019-08-21

Spain Trade Gap Narrows in May
The Spanish trade deficit narrowed to EUR 2.11 billion in May 2019 from EUR 2.15 billion in the same month of the previous year, as exports rose 5.5 percent and imports increased at a softer 4.9 percent.
Published on 2019-07-23

Spain Trade Gap Shrinks Sharply in April
The Spanish trade deficit narrowed sharply to EUR 1.61 billion in April of 2019 from EUR 3.01 billion in the corresponding month of the previous year, as exports advanced 3.8 percent and imports slumped 2 percent.
Published on 2019-06-21

Spain Posts Largest March Deficit in 7 Years
The Spanish trade deficit widened sharply to EUR 2.35 billion in March 2019 from EUR 0.83 billion in the corresponding month of the previous year. It was the largest trade gap for a March month since 2012, as imports increased 5.2 percent year-on-year while exports dropped 0.5 percent. Considering the first quarter of the year, the country posted a EUR 9.46 billion trade shortfall.
Published on 2019-05-21

Spain Posts Biggest Trade Gap for February since 2012
The Spanish trade deficit rose to EUR 2.63 billion in February 2018 from EUR 2.17 billion in the same month of the previous year. It is the widest trade shortfall for a February month since 2012, as imports surged 3.6 percent and exports increased at a softer 1.9 percent.
Published on 2019-04-24

Spain Trade Gap Widens in January as Exports Fall
The Spanish trade deficit widened to EUR 4.48 billion in January 2019 from EUR 3.94 billion in the corresponding month of the previous year. It was the largest trade shortfall for a January month since 2011, as imports rose 0.9 percent year-on-year while exports fell 1.3 percent.
Published on 2019-03-21

Spain Trade Deficit Widens in December as Exports Drop
The Spanish trade deficit widened to EUR 3.25 billion in December 2018 from EUR 2.05 billion in the same month of the previous year. Imports rose 1.6 percent year-on-year while exports declined 3.7 percent. On a quarterly basis, the trade shortfall advanced to EUR 9.65 billion in the last quarter of 2018 from EUR 9.60 in the previous period. Considering 2018 as a whole, the country's trade gap increased to EUR 33.84 billion, the largest since 2011, from EUR 26.29 billion in 2017 as imports went up 5.6 percent to EUR 318.86 billion and exports rose 2.9 percent to EUR 285.02 billion.
Published on 2019-02-21

Spain Posts Largest November Deficit in 7 Years
The Spanish trade deficit widened to EUR 2.57 billion in November 2018 from EUR 1.99 billion in the same month of the previous year. It was the largest trade gap for a November month since 2011 as imports rose 3.2 percent while exports fell 0.3 percent. Considering January to November, the trade deficit widened to EUR 30.59 billion, also the largest for seven years, from EUR 24.24 billion in the same period of 2017.
Published on 2019-01-22

Spain Posts Largest Trade Gap in 9 Months
The Spanish trade deficit widened sharply to EUR 3.84 billion in October 2018 from EUR 2.51 billion in the same month of the previous year. It was the largest trade gap since January as imports jumped 13.1 percent to an all-time high and exports increased at a softer 9 percent. Considering January to October, the trade deficit widened to EUR 28.02 billion from EUR 22.26 billion in the same period of 2017.
Published on 2018-12-21

Spain Trade Gap Widens in September as Exports Tumble
The Spanish trade deficit increased to EUR 3.30 billion in September 2018 from EUR 2.15 billion in the same month of the previous year. Imports advanced only 0.3 percent to EUR 25.5 billion, as higher purchases of chemical products and energy products were not enough to offset declines in those for equipment goods and automotive products. Meantime, exports tumbled 4.6 percent to EUR 22.2 billion, mainly dragged down by lower sales of equipment goods and automotive products.
Published on 2018-11-21

Spain Trade Deficit Narrows in August
The Spanish trade deficit narrowed to EUR 3.06 billion in August 2018 from EUR 3.23 billion in the same month of the previous year. Exports rose 7.7 percent year-on-year to EUR 20.7 billion while imports increased at a softer 5.8 percent to EUR 23.8 billion.
Published on 2018-10-23