Spanish economy

exports gorgeous

Trade Deficit Surges 40% as Exports Stagnate

According to data published by the Ministry of Economy, Trade and Business, Spain’s trade deficit reached €51,481 million between January and November 2025 (11M2025), representing a spike of over 40% compared to the same period in 2024. The coverage rate (the percentage ratio of exports to imports) stood at 87.4% through November, down from the 90.8% recorded during the same period in 2024. In 11M2025, Spanish goods exports increased by…

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Spain manufacturing sector

Spanish manufacturing sector extends growth, but at slightly slower pace

CdM | The Spanish manufacturing sector extended its growth trajectory in November, albeit at a slightly slower pace, according to the PMI index. Therefore, ‘Spain appears to be converging with the dynamics of the eurozone as a whole’. Specifically, the seasonally adjusted PMI index for the Spanish manufacturing sector stood at 51.5 in November. This figure was lower than the 52.1 recorded in October and therefore indicates a slower pace…