Overview In August 2022 Spain exported €28.9B and imported €36.6B, resulting in a negative trade balance of €7.72B. Between August 2021 and August 2022 the exports of Spain have increased by €7.42B (34.6%) from €21.5B to €28.9B, while imports increased by €10.8B (41.8%) from €25.8B to €36.6B.
Trade In August 2022, the top exports of Spain were Refined Petroleum (€2.22B), Commodities not elsewhere specified (€1.91B), Cars (€1.63B), Electricity (€875M), and Motor vehicles; parts and accessories (8701... (€632M). In August 2022 the top imports of Spain were Crude Petroleum (€4.17B), Petroleum Gas (€2.57B), Packaged Medicaments (€1.12B), Cars (€959M), and Motor vehicles; parts and accessories (8701... (€918M).
Origins In August 2022 the exports of Spain were mainly from Barcelona (€5.01B), Madrid (€4.23B), Valencia (€1.43B), La Coruña (€1.36B), and Murcia (€1.24B), while imports destinations were mainly Madrid (€9.35B), Barcelona (€6.15B), Valencia (€1.77B), Murcia (€1.6B), and Tarragona (€1.55B).
Destinations In August 2022, Spain exported mostly to France (€4.14B), Portugal (€2.56B), Germany (€2.3B), Italy (€2.2B), and World (€2.19B), and imported mostly from China (€4.8B), Germany (€2.84B), United States (€2.77B), France (€2.7B), and Italy (€1.73B).
Growth In August 2022, the increase in Spain's year-by-year exports was explained primarily by an increase in exports to China (€136M or 25.9%), Sweden (€67.7M or 33.7%), and Democratic Republic of the Congo (€54.5M or 2.47k%), and product exports increase in Electricity (€64.5M or 128%), Crude Petroleum (€58.6M or 616k%), and Electric Batteries (€55.9M or 78.5%). In August 2022, the increase in Spain's year-by-year imports was explained primarily by an increase in imports from Kazakhstan (€113M or 126%), Peru (€35.7M or 39.3%), and Sweden (€32.7M or 14.2%), and product imports increase in Computers (€125M or 44.8%), Electric Batteries (€83M or 98.6%), and Vaccines, blood, antisera, toxins and cultures (€72.5M or 23.4%).