Spain Balance of Trade - Forecast

Balance of Trade in Spain is expected to be -500000.00 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 -2100000.00 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 Balance of Trade
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Spain Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -1621000 -500000 -1000000 -2086943 -2100000 -1800000
Exports 25355000 22800000 23000000 23389356 21200000 21800000
Imports 26976000 23300000 24000000 25879060 23300000 23600000
Current Account 1678 1599 1391 1205 2870 3640
Current Account to GDP 2.2 0.5 0.5 0.5 0.5 0.8
Terms of Trade 103 105 106 102 108 114
Foreign Direct Investment -1895 1980 2030 2036 2450 2320
Capital Flows 5856 2445 1947 1328 863 -771
Remittances 2531 2709 3147 2653 3752 3899
Tourist Arrivals 4401 1200 5100 6700 4250 5150
Gold Reserves 282 283 284 286 282 282
Tourism Revenues 5688 2659 2974 3179 3149 3113
Terrorism Index 1.7 1.2 1.2 1.42 1.2 1.2
Weapons Sales 483 863 879 896 912 734
External Debt 1912296000 1949936000 1954130000 1921960018 1975330000 2031138000
Crude Oil Production 2 3 3 2.89 3 3