Overview In May 2021 Basque Country exported €2.11B and imported €1.69B, resulting in a positive trade balance of €418M. Between May 2020 and May 2021 the exports of Basque Country have increased by $615M (41.2%) from €1.49B to €2.11B, while imports increased by €676M (66.6%) from €1.01B to €1.69B.
Trade In May 2021, the top exports of Basque Country were Cars (€185M), Vehicle Parts (€129M), Delivery Trucks (€124M), Rubber Tires (€84.9M), and Refined Petroleum (€71.6M). In May 2021 the top imports of Basque Country were Crude Petroleum (€241M), Refined Petroleum (€96.8M), Vehicle Parts (€68.2M), Combustion Engines (€48.5M), and Hot-Rolled Iron (€41.2M).
Destinations In May 2021, Basque Country exported mostly to Germany (€334M), France (€303M), United States (€150M), United Kingdom (€126M), and Norway (€108M), and imported mostly from Germany (€259M), France (€156M), Mexico (€109M), China (€107M), and Italy (€96.5M).
Growth In May 2021, the increase in Basque Country's year-by-year exports was explained primarily by an increase in exports to Norway (€92.3M or 603%), France (€84M or 38.5%), and Germany (€68.2M or 25.7%), and product exports increase in Vehicle Parts (€71.2M or 123%), Rubber Tires (€38M or 80.9%), and Delivery Trucks (€27.3M or 28.3%). In May 2021, the increase in Basque Country's year-by-year imports was explained primarily by an increase in imports from Mexico (€94.5M or 643%), Germany (€86.8M or 50.4%), and Russia (€83M or 1.04k%), and product imports increase in Crude Petroleum (€174M or 257%), Refined Petroleum (€75.5M or 355%), and Vehicle Parts (€37.7M or 123%).