Spain Balance of Trade  Forecast


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Balance of Trade in Spain is expected to be -2400000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Spain to stand at -2505024.05 in 12 months time. In the long-term, the Spain Balance of Trade is projected to trend around -1800000.00 EUR Thousand in 2020, according to our econometric models.


Spain Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -3226685 -2400000 -500000 -1000000 -2505024 -1800000
Exports 19237661 20800000 22800000 23000000 21613077 21800000
Imports -22464346 23200000 23300000 24000000 -19045152 23600000
Current Account 2618 3250 1911 1692 1487 3640
Current Account to GDP 2.2 0.3 0.5 0.5 0.5 0.8
Terms of Trade 101 104 105 106 102 114
Foreign Direct Investment 1218 2390 2084 2077 2076 2320
Capital Flows 7387 3435 2681 1878 1242 -808
Remittances 3195 3698 2827 3154 2831 3899
Tourist Arrivals 8835 3940 1400 4900 6500 5150
Gold Reserves 282 282 286 289 291 282
Tourism Revenues 7777 3906 2547 2863 3148 3076
Terrorism Index 1.2 1.2 1.2 1.2 1.22 1.2
Weapons Sales 483 912 871 830 790 734
External Debt 1924551000 1935851000 1949936000 1954130000 1943633235 2031138000
Crude Oil Production 3 3 3 3 3.63 3