Overview In November 2022, United Kingdom exported £893M and imported £1.52B from Spain, resulting in a negative trade balance of £630M. Between November 2021 and November 2022 the exports of United Kingdom have increased by £189M (26.8%) from £704M to £893M, while imports increased by £259M (20.5%) from £1.26B to £1.52B.
Trade In November 2022, the top exports of United Kingdom to Spain were Precious Metal Scraps (£82.2M), Gold (£77M), Gas Turbines (£74.4M), Cars (£45.9M), and Crude Petroleum (£45.1M). In November 2022 the top imports of United Kingdom from Spain were Gold (£149M), Cars (£134M), Gas Turbines (£116M), Packaged Medicaments (£42.6M), and Other Vegetables (£40.7M).
Origins In November 2022 the exports of United Kingdom were mainly from Dover Eurotunnel (£229M), London Heathrow Airport (£173M), Portsmouth (£53.6M), Lerwick (£45.1M), and Dover (£36.2M), while imports destinations were mainly Dover (£220M), Eurotunnel (£213M), London Heathrow Airport (£166M), Dover Eurotunnel (£144M), and Portsmouth (£122M).
Growth In November 2022, the increase in United Kingdom's year-by-year exports to Spain was explained primarily by an increase in product exports in Paintings (£73.9M or 66.4k%), Gold (£16.6M or 528k%), and Binoculars and Telescopes (£3.95M or 6.4k%). In November 2022, the increase in United Kingdom's year-by-year imports from Spain was explained primarily by an increase in product imports in Cars (£71.5M or 38.2%), Hydrogen (£8.49M or 24.2k%), and Cleaning Products (£8.06M or 240%).