Overview In December 2022, United States exported $2.04B and imported $1.6B from Spain, resulting in a positive trade balance of $435M. Between December 2021 and December 2022 the exports of United States have increased by $309M (17.9%) from $1.73B to $2.04B, while imports decreased by $-117M (-6.81%) from $1.72B to $1.6B.
Trade In December 2022, the top exports of United States to Spain were Petroleum Gas ($564M), Crude Petroleum ($299M), Packaged Medicaments ($222M), Vaccines, blood, antisera, toxins and cultures ($217M), and Commodities not elsewhere specified ($52.5M). In December 2022 the top imports of United States from Spain were Vaccines, blood, antisera, toxins and cultures ($108M), Packaged Medicaments ($95.7M), Refined Petroleum ($51M), Pure Olive Oil ($40.3M), and Unglazed Ceramics ($36.7M).
Origins In December 2022 the exports of United States were mainly from Texas ($683M), Louisiana ($389M), Puerto Rico ($206M), California ($113M), and Michigan ($62.2M), while imports destinations were mainly Texas ($200M), New Jersey ($160M), Florida ($140M), Illinois ($99.2M), and California ($98M).
Growth In December 2022, the increase in United States's year-by-year exports to Spain was explained primarily by an increase in product exports in Petroleum Gas ($489M or 653%), Vaccines, blood, antisera, toxins and cultures ($161M or 286%), and Crude Petroleum ($107M or 55.6%). In December 2022, the decrease in United States's year-by-year imports from Spain was explained primarily by an decrease in product imports in Packaged Medicaments ($-40.6M or -29.8%), Commodities not elsewhere specified ($-38.6M or -51.7%), and Other Engines ($-30.6M or -73.4%).
United States / Spain 
