Overview In December 2022 Valencia exported €1.81B and imported €1.87B, resulting in a negative trade balance of €61.6M. Between December 2021 and December 2022 the exports of Valencia have increased by $277M (18%) from €1.53B to €1.81B, while imports increased by €54.2M (2.98%) from €1.82B to €1.87B.
Trade In December 2022, the top exports of Valencia were Cars (€298M), Citrus (€254M), Delivery Trucks (€76.1M), Electrical Transformers (€60.9M), and Refined Petroleum (€34.7M). In December 2022 the top imports of Valencia were Cars (€152M), Motor vehicles; parts and accessories (8701... (€114M), Petroleum Gas (€83.6M), Semiconductor Devices (€53.8M), and Electrical Transformers (€52.5M).
Destinations In December 2022, Valencia exported mostly to Germany (€227M), France (€202M), Italy (€167M), United Kingdom (€147M), and United States (€129M), and imported mostly from China (€305M), United States (€190M), Germany (€161M), France (€159M), and Italy (€104M).
Growth In December 2022, the increase in Valencia's year-by-year exports was explained primarily by an increase in exports to Italy (€57.3M or 52.3%), Belgium (€36.7M or 120%), and United States (€33.7M or 40.6%), and product exports increase in Cars (€73.1M or 24.2%), Coated Flat-Rolled Iron (€17M or 243%), and Motor vehicles; parts and accessories (8701... (€15.1M or 49.2%). In December 2022, the increase in Valencia's year-by-year imports was explained primarily by an increase in imports from United States (€237M or 249%), China (€92.5M or 44.2%), and Turkey (€59.8M or 60.2%), and product imports increase in Petroleum Gas (€203M or 11.6M%), Motor vehicles; parts and accessories (8701... (€77.3M or 111%), and Coated Flat-Rolled Iron (€60M or 289%).