Overview In December 2022, Spain exported €1.65B and imported €899M from United Kingdom, resulting in a positive trade balance of €749M. Between December 2021 and December 2022 the exports of Spain have increased by €197M (13.6%) from €1.45B to €1.65B, while imports increased by €94M (11.7%) from €805M to €899M.
Trade In December 2022, the top exports of Spain to United Kingdom were Cars (€269M), Gold (€125M), Gas Turbines (€69.4M), Delivery Trucks (€65.4M), and Other Vegetables (€57.6M). In December 2022 the top imports of Spain from United Kingdom were Crude Petroleum (€185M), Cars (€60.5M), Gold (€59.6M), Gas Turbines (€39.6M), and Refined Petroleum (€28.9M).
Origins In December 2022 the exports of Spain were mainly from Barcelona (€357M), Madrid (€348M), Valencia (€147M), Murcia (€83.1M), and Almería (€67.1M), while imports destinations were mainly Madrid (€236M), Barcelona (€123M), Vizcaya (€116M), Salamanca (€63.8M), and Valencia (€53.2M).
Growth In December 2022, the increase in Spain's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Gas Turbines (€62.3M or 878%), Gold (€59.4M or 91.3%), and Precious Metal Scraps (€25.8M or 1.34k%). In December 2022, the increase in Spain's year-by-year imports from United Kingdom was explained primarily by an increase in product imports in Gold (€41.2M or 225%), Refined Petroleum (€28.5M or 8.04k%), and Silver (€21.9M or 429k%).