Overview In July 2022, Spain exported €2.75B and imported €3.36B from Germany, resulting in a negative trade balance of €619M. Between July 2021 and July 2022 the exports of Spain have increased by €53M (1.97%) from €2.69B to €2.75B, while imports increased by €186M (5.86%) from €3.18B to €3.36B.
Trade In July 2022, the top exports of Spain to Germany were Cars (€457M), Motor vehicles; parts and accessories (8701... (€110M), Packaged Medicaments (€101M), Pitted Fruits (€73.5M), and Delivery Trucks (€63.1M). In July 2022 the top imports of Spain from Germany were Cars (€338M), Motor vehicles; parts and accessories (8701... (€216M), Packaged Medicaments (€168M), Vaccines, blood, antisera, toxins and cultures (€67.5M), and Centrifuges (€33.5M).
Origins In July 2022 the exports of Spain were mainly from Barcelona (€539M), Madrid (€252M), Valencia (€221M), Zaragoza (€192M), and Alava (€180M), while imports destinations were mainly Barcelona (€1B), Madrid (€857M), Valencia (€161M), Tarragona (€146M), and Alava (€111M).
Growth In July 2022, the increase in Spain's year-by-year exports to Germany was explained primarily by an increase in product exports in Citrus (€44.8M or 32.6%), Copper Ore (€31.2M or 11.9k%), and Electric Batteries (€16.8M or 196%). In July 2022, the increase in Spain's year-by-year imports from Germany was explained primarily by an increase in product imports in Spark-Ignition Engines (€28.2M or 52.5%), Semi-Finished Iron (€10.8M or 2.95k%), and Laboratory Reagents (€8.93M or 57.6%).