Overview In December 2022 Spain exported €33.1B and imported €38.4B, resulting in a negative trade balance of €5.29B. Between December 2021 and December 2022 the exports of Spain have increased by €6.55B (24.6%) from €26.6B to €33.1B, while imports increased by €6.07B (18.8%) from €32.3B to €38.4B.
Trade In December 2022, the top exports of Spain were Cars (€3.18B), Commodities not elsewhere specified (€2.56B), Refined Petroleum (€1.69B), Vaccines, blood, antisera, toxins and cultures (€1.42B), and Packaged Medicaments (€853M). In December 2022 the top imports of Spain were Crude Petroleum (€3.32B), Commodities not elsewhere specified (€2.94B), Petroleum Gas (€2.17B), Cars (€1.8B), and Motor vehicles; parts and accessories (8701... (€1.08B).
Origins In December 2022 the exports of Spain were mainly from Barcelona (€6.33B), Madrid (€4.99B), Sin provincia asignada (€2.1B), Valencia (€1.81B), and Murcia (€1.23B), while imports destinations were mainly Madrid (€8.42B), Barcelona (€6.76B), Sin provincia asignada (€3.04B), Valencia (€1.87B), and Vizcaya (€1.51B).
Destinations In December 2022, Spain exported mostly to France (€4.82B), Germany (€2.93B), World (€2.71B), Italy (€2.41B), and Portugal (€2.38B), and imported mostly from China (€3.94B), Germany (€3.35B), World (€3.24B), France (€3.23B), and United States (€2.51B).
Growth In December 2022, the increase in Spain's year-by-year exports was explained primarily by an increase in exports to France (€787M or 22.2%), Portugal (€536M or 32.5%), and Italy (€387M or 21.4%), and product exports increase in Refined Petroleum (€671M or 96.5%), Electricity (€381M or 332%), and Packaged Medicaments (€230M or 47.7%). In December 2022, the increase in Spain's year-by-year imports was explained primarily by an increase in imports from United States (€1.52B or 157%), China (€933M or 36.5%), and United Kingdom (€527M or 177%), and product imports increase in Petroleum Gas (€1.48B or 363%), Crude Petroleum (€1.19B or 79.6%), and Packaged Medicaments (€335M or 55.2%).