Overview In July 2021 United States exported $1.05B and imported $1.56B from Spain, resulting in a negative trade balance of $504M. Between July 2020 and July 2021 the exports of United States have increased by $189M (21.8%) from $864M to $1.05B, while imports increased by $119M (8.26%) from $1.44B to $1.56B.
Trade In July 2021, the top exports of United States to Spain were Crude Petroleum ($118M), Packaged Medicaments ($114M), Petroleum Gas ($79.3M), Aircraft Parts ($75.8M), and Other Nuts ($68.6M). In July 2021 the top imports of United States from Spain were Commodities not elsewhere specified ($105M), Refined Petroleum ($74.5M), Packaged Medicaments ($72.2M), Unglazed Ceramics ($54.4M), and Electrical Transformers ($54.4M).
Origins In July 2021 the exports of United States were mainly from Texas ($273M), California ($129M), Puerto Rico ($98.2M), Louisiana ($76.2M), and Massachusetts ($53.8M), while imports destinations were mainly New Jersey ($213M), Florida ($168M), Texas ($138M), California ($109M), and New York ($100M).
Growth In July 2021, the increase in United States's year-by-year exports to Spain was explained primarily by an increase in product exports in Packaged Medicaments ($48.7M or 74.6%), Blood, antisera, vaccines, toxins and cultures ($45.5M or 679%), and Other Nuts ($27.1M or 65.2%). In July 2021, the increase in United States's year-by-year imports from Spain was explained primarily by an increase in product imports in Electrical Transformers ($39.2M or 259%), Commodities not elsewhere specified ($22.5M or 27.3%), and Unglazed Ceramics ($21.5M or 65.5%).