Overview In September 2021 Spain exported €2.2B and imported €1.91B from Italy, resulting in a positive trade balance of €290M. Between September 2020 and September 2021 the exports of Spain have increased by €200M (9.96%) from €2B to €2.2B, while imports increased by €280M (17.2%) from €1.63B to €1.91B.
Trade In September 2021, the top exports of Spain to Italy were Cars (€178M), Pure Olive Oil (€81.9M), Biodiesel and mixtures thereof (€79.7M), Refined Petroleum (€75.4M), and Refined Copper (€53.6M). In September 2021 the top imports of Spain from Italy were Vehicle Parts (€76.8M), Refined Petroleum (€73.3M), Telephones (€57.7M), Packaged Medicaments (€52.2M), and Cars (€35.7M).
Origins In September 2021 the exports of Spain were mainly from Barcelona (€476M), Madrid (€158M), Valencia (€143M), Tarragona (€134M), and Huelva (€91.5M), while imports destinations were mainly Barcelona (€548M), Madrid (€394M), Valencia (€117M), Murcia (€78.6M), and Castellón (€59.6M).
Growth In September 2021, the increase in Spain's year-by-year exports to Italy was explained primarily by an increase in product exports in Refined Petroleum (€33.4M or 79.6%), Blood, antisera, vaccines, toxins and cultures (€25.5M or 522%), and Biodiesel and mixtures thereof (€14.9M or 23%). In September 2021, the increase in Spain's year-by-year imports from Italy was explained primarily by an increase in product imports in Refined Petroleum (€35.9M or 96%), Telephones (€34.6M or 150%), and Crude Petroleum (€17.6M or 101%).