Exports from Spain grew 7.7 percent year-on-year to EUR 20.71 billion in August 2018 from EUR 19.24 billion a year earlier, mostly due to higher sales of energy products (32.0 percent); non-chemical semi-manufactured products (22.2 percent); other goods (20.2 percent); chemicals (7.0 percent); food, beverages and tobacco (6.9 percent); vehicle parts & accessories (6.0 percent) and consumption goods (4.8 percent). On the other hand, exports dropped for equipment goods (-3.9 percent); raw materials (-3.1 percent). Among major trade partners, exports advanced mainly from Italy (24.6 percent), the UK (15.1 percent), Portugal (14.2 percent), France (6.4 percent) and the US (1.8 percent). Exports in Spain averaged 6573250.48 EUR Thousand from 1962 until 2018, reaching an all time high of 26225818.43 EUR Thousand in March of 2017 and a record low of 14286.06 EUR Thousand in July of 1963.

Exports in Spain is expected to be 22500000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Spain to stand at 24300000.00 in 12 months time. In the long-term, the Spain Exports is projected to trend around 23700000.00 EUR Thousand in 2020, according to our econometric models.

Spain Exports
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Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -3057300.00 -3247700.00 634935.00 -9834766.00 EUR Thousand [+]
Exports 20714800.00 24354883.87 26225818.43 14286.06 EUR Thousand [+]
Imports 23772100.00 27602500.00 27684374.00 37437.07 EUR Thousand [+]
Current Account 1830.00 110.00 5059.00 -12368.00 EUR Million [+]
Current Account to GDP 1.90 1.90 1.90 -9.60 percent [+]
Terms of Trade 99.60 100.50 123.70 62.20 Index Points [+]
Foreign Direct Investment 388.00 3789.00 23250.00 -9566.00 EUR Million [+]
Capital Flows 2880.00 4963.00 17904.00 -11878.00 EUR Million [+]
Remittances 3347.00 3503.00 3590.00 732.00 EUR Million [+]
Tourist Arrivals 8924.33 10201.46 10493.44 1397.41 Thousand [+]
Gold Reserves 281.60 281.60 523.47 281.58 Tonnes [+]
Tourism Revenues 8032.00 7682.00 8032.00 890.00 EUR Million [+]
Terrorism Index 1.70 1.20 6.52 1.20 [+]
Weapons Sales 814.00 507.00 1429.00 2.00 USD Million [+]
External Debt 1991484000.00 1977387000.00 1991484000.00 618600000.00 EUR Thousand [+]
Crude Oil Production 2.00 2.00 17.00 1.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Spain Exports

In 2017, Spanish exports rose 8.9 percent from the previous year to an all-time high of EUR 277 billion. Within the Autonomous Communities, the biggest exporters were Catalonia (26 percent of total exports), Andalusia, Madrid and Valencia (11 percent each) and the Basque Country (9 percent). Spain main exports were: capital goods (20 percent of total exports); food, beverages and tobacco (17 percent); automotive sector (16 percent); chemicals (14 percent); consumer goods (10 percent); non-chemical semi-manufactured products (10 percent); and energy products (7 percent). Main export partners were: France (15 percent of total exports); Germany (11 percent); Italy (8 percent); Portugal and the UK (7 percent each); the US (5 percent); Morocco (3 percent); and China and Turkey (2 percent each). This page provides the latest reported value for - Spain Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Exports - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
20714800.00 24354883.87 26225818.43 14286.06 1962 - 2018 EUR Thousand Monthly




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