Exports from Spain fell 34.4 percent from a year earlier to EUR 17.51 billion in May 2020 led by lower sales of autos (-58.6 percent), capital goods (-39.5 percent), energy products (-62.1 percent), consumer manufactured goods (-48.2 percent), non-chemical semi-manufactures (-31.3 percent) and chemicals (-16.4 percent). Among major trade partners, exports were down to the Euro Area (-30.8 percent), in particular to Germany (-33.6 percent), France (-25.7 percent), Italy (-39.1 percent) and Portugal (-31.5 percent). In addition, sales fell to the UK (-33.3 percent), the US (-32.2 percent), and Morocco (-52.3 percent). Exports to China, however, increased 1.9 percent.
Exports in Spain averaged 7090642.32 EUR Thousand from 1962 until 2020, reaching an all time high of 26861399.68 EUR Thousand in October of 2019 and a record low of 14286.06 EUR Thousand in July of 1963. 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 - values, historical data and charts - was last updated on August of 2020. source: Ministerio de Industria, Comercio y Turismo
Exports in Spain is expected to be 15800000.00 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 17800000.00 in 12 months time. In the long-term, the Spain Exports is projected to trend around 22600000.00 EUR Thousand in 2021 and 24500000.00 EUR Thousand in 2022, according to our econometric models.