Overview: In June 2020 Spain exported €23.3B and imported €22.7B, resulting in a positive trade balance of €613M. Between June 2019 and June 2020 the exports of Spain have decreased by €-2.63B (-10.1%) from €25.9B to €23.3B, while imports decreased by €-5.39B (-19.2%) from €28.1B to €22.7B.
Trade: In June 2020 the top exports of Spain were Cars (€1.4B), Commodities not elsewhere specified (€1.14B), Packaged Medicaments (€786M), Refined Petroleum (€554M), and Pig Meat (€406M). In June 2020 the top imports of Spain were Packaged Medicaments (€877M), Commodities not elsewhere specified (€702M), Crude Petroleum (€604M), Other Cloth Articles (€552M), and Vehicle Parts (€509M).
Origins: In June 2020 the exports of Spain were mainly from Barcelona (€3.31B), Madrid (€1.92B), Valencia (€1.17B), Sin provincia asignada (€936M), and Murcia (€807M), while imports destinations were mainly Madrid (€4.33B), Barcelona (€3.92B), Valencia (€1.13B), Sin provincia asignada (€753M), and Tarragona (€628M).
Destinations: In June 2020 Spain exported mostly to France (€2.69B), Germany (€2.08B), Italy (€1.33B), Portugal (€1.31B), and United Kingdom (€1.05B), and imported mostly from China (€2.63B), Germany (€2.03B), France (€1.49B), Italy (€1.14B), and World (€996M).
Growth: In June 2020, the decrease in Spain's year-by-year exports was explained primarily by a decrease in exports to France (€-1.17B or -30.3%), Germany (€-1.03B or -33.1%), and Italy (€-866M or -39.5%), and product exports decrease in Cars (€-1.6B or -53.4%), Refined Petroleum (€-785M or -58.6%), and Vehicle Parts (€-562M or -63.5%). In June 2020, the decrease in Spain's year-by-year imports was explained primarily by a decrease in imports from Germany (€-1.58B or -43.8%), France (€-1.45B or -49.4%), and Italy (€-814M or -41.6%), and product imports decrease in Crude Petroleum (€-2.24B or -78.7%), Cars (€-1.35B or -76.5%), and Vehicle Parts (€-877M or -63.3%).