Exports rose to €20.3 billion from €18.4 billion in February of 2013. In March of 2012 exports amounted to €19.9 billion. Spanish exports to the rest of the EU dropped more than 8 percent in the first three months of the year, shipments to Asia rose 23 per cent and to the Middle East almost 60 per cent.
Imports decreased to €16.7 billion from €28.5 billion a month earlier and from €18.6 billion in the same month of the previous year.
The trade deficit for the first three months of the year narrowed 62 percent from a year earlier to 4 billion euros.