Imports to Spain surged 55.6% to EUR 27.1 billion in May of 2021, on account of purchases of energy products (171.6%), automobiles (137.5 percent) and other goods & services (117.9%). Imports from the EU grew at a faster 60.3%, mostly from France (74.2%), Portugal (77.9%) and Germany (58.9%), while outside the union, imports accelerated from the Switzerland (217.4%), US (35.4%), Morocco (112.7%), and Algeria (127.6%). Purchases from China dropped 7.9%. source: Ministerio de Industria, Comercio y Turismo
Imports in Spain averaged 9165080.48 EUR Thousand from 1962 until 2021, reaching an all time high of 30249871.83 EUR Thousand in October of 2018 and a record low of 37437.04 EUR Thousand in January of 1962. This page provides the latest reported value for - Spain Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Imports - values, historical data and charts - was last updated on July of 2021.
Imports in Spain is expected to be 25500000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Spain to stand at 22700000.00 in 12 months time. In the long-term, the Spain Imports is projected to trend around 25200000.00 EUR Thousand in 2022 and 28400000.00 EUR Thousand in 2023, according to our econometric models.