Overview In December 2022 Basque Country exported €2.29B and imported €2.42B, resulting in a negative trade balance of €130M. Between December 2021 and December 2022 the exports of Basque Country have increased by $286M (14.3%) from €2B to €2.29B, while imports increased by €547M (29.2%) from €1.87B to €2.42B.
Trade In December 2022, the top exports of Basque Country were Refined Petroleum (€229M), Cars (€142M), Motor vehicles; parts and accessories (8701... (€125M), Rubber Tires (€84.7M), and Delivery Trucks (€71.3M). In December 2022 the top imports of Basque Country were Crude Petroleum (€569M), Petroleum Gas (€135M), Motor vehicles; parts and accessories (8701... (€111M), Refined Petroleum (€88.4M), and Soybeans (€67.7M).
Destinations In December 2022, Basque Country exported mostly to France (€366M), Germany (€258M), United States (€241M), Belgium (€158M), and United Kingdom (€130M), and imported mostly from Germany (€357M), France (€185M), China (€159M), Russia (€154M), and United Kingdom (€129M).
Growth In December 2022, the increase in Basque Country's year-by-year exports was explained primarily by an increase in exports to United States (€99.3M or 141%), France (€83.2M or 27.8%), and Netherlands (€69.4M or 71.3%), and product exports increase in Refined Petroleum (€84.2M or 123%), Cars (€44.6M or 24.2%), and Delivery Trucks (€35.9M or 25.8%). In December 2022, the increase in Basque Country's year-by-year imports was explained primarily by an increase in imports from United Kingdom (€91.5M or 517%), Germany (€75.7M or 34.4%), and Brazil (€67.5M or 1.28k%), and product imports increase in Crude Petroleum (€89M or 37.5%), Hot-Rolled Iron (€43.9M or 146%), and Petroleum Gas (€32.4M or 313%).