Overview In September 2023 Spain exported €31.9B and imported €36.9B, resulting in a negative trade balance of €5.09B. Between September 2022 and September 2023 the exports of Spain have decreased by €-4.2B (-11.7%) from €36.1B to €31.9B, while imports decreased by €-7.38B (-16.6%) from €44.3B to €36.9B.
Trade In September 2023, the top exports of Spain were Cars (€3.38B), Commodities not elsewhere specified (€2.3B), Refined Petroleum (€1.19B), Packaged Medicaments (€966M), and Motor vehicles; parts and accessories (8701... (€899M). In September 2023 the top imports of Spain were Crude Petroleum (€3.19B), Commodities not elsewhere specified (€2.79B), Cars (€1.48B), Packaged Medicaments (€1.39B), and Motor vehicles; parts and accessories (8701... (€1.28B).
Origins In September 2023 the exports of Spain were mainly from Barcelona (€5.88B), Madrid (€3.96B), Sin provincia asignada (€2.03B), Valencia (€1.78B), and Zaragoza (€1.39B), while imports destinations were mainly Madrid (€8.42B), Barcelona (€6.37B), Sin provincia asignada (€2.89B), Valencia (€1.96B), and Tarragona (€1.46B).
Destinations In September 2023, Spain exported mostly to France (€4.85B), Germany (€3.17B), Italy (€2.78B), Portugal (€2.68B), and Rest of the world (€2.65B), and imported mostly from Germany (€3.8B), China (€3.34B), France (€3.18B), Rest of the world (€3.16B), and United States (€2.52B).
Growth In September 2023, the decrease in Spain's year-by-year exports was explained primarily by an decrease in exports to Belgium (€-1.72B or -65.6%), France (€-437M or -8.27%), and Germany (€-355M or -10.1%), and product exports decrease in Vaccines, blood, antisera, toxins and cultures (€-1.65B or -82.5%), Electricity (€-631M or -69.8%), and Refined Petroleum (€-467M or -28.2%). In September 2023, the decrease in Spain's year-by-year imports was explained primarily by an decrease in imports from China (€-1.81B or -35.2%), France (€-828M or -20.7%), and Algeria (€-492M or -61.1%), and product imports decrease in Petroleum Gas (€-1.89B or -70.1%), Vaccines, blood, antisera, toxins and cultures (€-369M or -41.8%), and Crude Petroleum (€-311M or -8.87%).