China / Spain

Overview In February 2024, China exported $2.75B and imported $566M from Spain, resulting in a positive trade balance of $2.18B. Between February 2023 and February 2024 the exports of China have increased by $471M (20.7%) from $2.27B to $2.75B, while imports decreased by $-158M (-21.8%) from $724M to $566M.

Trade In February 2024, the top exports of China to Spain were Cars ($397M), Electric Batteries ($186M), Semiconductor Devices ($171M), Trunks and Cases ($83.7M), and Rubber Footwear ($77.8M). In February 2024 the top imports of China from Spain were Pig Meat ($142M), Copper Ore ($98.6M), Edible Offal ($55.5M), Packaged Medicaments ($33.5M), and Ethylene Polymers ($32.1M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($634M), Zhejiang Province ($524M), Jiangsu Province ($323M), Shanghai Province ($309M), and Shandong Province ($200M), while imports destinations were mainly Shanghai Province ($108M), Guangdong Province ($94.7M), Zhejiang Province ($62.3M), Jiangsu Province ($61.9M), and Henan Province ($44.4M).

Growth In February 2024, the increase in China's year-by-year exports to Spain was explained primarily by an increase in product exports in Cars ($395M or 23.8k%), Electric Batteries ($98.1M or 111%), and Semiconductor Devices ($40.2M or 30.8%). In February 2024, the decrease in China's year-by-year imports  from Spain was explained primarily by an decrease in product imports  in Copper Ore ($-101M or -50.5%), Refined Petroleum ($-40.7M or -98.4%), and Precious Metal Ore ($-24.1M or -64%).