Overview In November 2021 Germany exported €3.24B and imported €3.34B from Spain, resulting in a negative trade balance of €92.6M. Between November 2020 and November 2021 the exports of Germany have increased by €339M (11.7%) from €2.9B to €3.24B, while imports increased by €299M (9.85%) from €3.04B to €3.34B.
Trade In November 2021, the top exports of Germany to Spain were Motor cars and motor caravans (€271M), Chassis, bodies, engines etc. for motor... (€222M), Pharmaceutical products (€160M), Machinery for electricity production, distribution (€146M), and Office and automatic data processing machines (€145M). In November 2021 the top imports of Germany from Spain were Motor cars and motor caravans (€750M), Estimations for non-response (€161M), Pharmaceutical products (€159M), Chassis, bodies, engines etc. for motor... (€145M), and Vegetables and other edible plants, roots,... (€145M).
Origins In November 2021 the exports of Germany were mainly from North Rhine-Westphalia (€557M), Bavaria (€533M), Baden-Württemberg (€422M), Lower Saxony (€281M), and Rhineland-Pfalz (€207M), while imports destinations were mainly North Rhine-Westphalia (€773M), Bavaria (€432M), Baden-Württemberg (€386M), Saarland (€344M), and Hesse (€305M).
Growth In November 2021, the increase in Germany's year-by-year exports to Spain was explained primarily by an increase in product exports in Estimations for non-response (€125M or 523%), Chassis, bodies, engines etc. for motor... (€47.5M or 30.3%), and Measuring and automatical control instruments (€22.1M or 34%). In November 2021, the increase in Germany's year-by-year imports from Spain was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].