exports

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Trade deficit rises 30% in the first half of the year, reaching €32.781 billion

The trade deficit stood at nearly €32.781 billion in the first six months of the year, representing a 30.5% increase compared to the same period of the previous year, according to data from June’s foreign trade report published this Tuesday by the Ministry of Economy, Trade and Business. This result is the outcome of a 2% increase in exports, which reached €201.1336 billion between January and June—the second highest figure…


cars to export

Spanish exports fall 1.8% in first two months of year with 12% drop in those destined for U.S.

In the month of February, Spanish exports totaled €31.72 billion, a 0.8% year-on-year decrease; meanwhile, imports fell by 1.1% year-on-year. Consequently, the trade deficit was reduced, and the coverage rate between exports and imports rose to 90.6%. The 0.8% decline in sales in February compares favorably with the 3.4% drop in the Eurozone and the 2.7% decrease across the EU-27. On the import side, Spain’s 1.1% decline is also lower…


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Spanish exports fall 2.9% in January

In January, EU27 exports fell by 5.2%, while those of the Eurozone dropped by 5.5%. German exports decreased by 2.7% and Italian exports by 4.6%, whereas French exports rose by 1.3%. More striking in January are the sharp declines in British exports (30%) and the strong increases in those of the United States (13.1%) and Japan (16.8%). In January, Spanish exports of goods reached €28.927 billion, representing a 2.9% decrease…


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Spanish exports (up 0.7% compared to EU’s 2.4%) lose ground in 2025

Throughout 2025, Spain recorded a trade deficit of €57.1 billion, a figure 47.1% higher than that of 2024. In 2025, imports increased by 4.6% compared to 2024, reaching €444.2 billion, while exports rose by 0.7% to €387.1 billion. By contrast, EU exports grew by 2.4%, with Italy up 3.3%, France at 2.3%, and Germany at 0.9%. Outside the bloc, the UK saw growth of 3.2%, Japan 3.1%, and China 6.1%….


Exports

External Slowdown: Exports Suffer by September and Imports Soar

Luis Alcaide | As previously anticipated, the composite indicator of export activity, as well as the order book for Spanish exporters, has been confirmed, with the nascent decline in sales during the third quarter of 2025 now materialized. According to the Exporters and Investors Club (Club de Exportadores e Inversores), the COMEX data on Spain’s foreign trade up to September 30, published on November 20, “confirm the stagnation of Spanish…


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Spanish Exports Fall 9.3% Year-on-Year In August

In August, Spanish exports fell by 9.3% year-on-year to €24.4 billion, the lowest figure in four years. Sales abroad were primarily dragged down by the reduction in shipments of energy products (-29.3%); automotive products (-21.8%); non-chemical semi-manufactures (-14.7%); and raw materials (-15.3%). Among key partners, exports decreased to the European Union (EU; -11.3%), the US (-30.5%), and China (-19.9%), but increased to the United Kingdom (+4.5%). Meanwhile, imports fell by…


import export

China becomes Spain’s top supplier

In the first two months of the year, the Spanish trade deficit has soared to €9,612 million, of which €6,079 million correspond to the deficit with China. China has become Spain’s top supplier, ahead of Germany, after its exports to Spain grew by 22.9% to €8,002 million. In February, Spanish goods exports grew at an annual rate of 0.4% and at a month-on-month rate of 7.4%. Meanwhile, imports in February…


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Government estimates €15 billion in exports to US – 80% – to be affected by tariffs

Spain is not among the countries most directly exposed to Donald Trump’s tariff onslaught, but even so, 80% of its exports to the United States will be compromised by the trade war that the White House has declared on the rest of the world. To this must be added the indirect impact from the damage suffered by other partners and the changes that occur in global value chains. Spain is…


olive oil

New US tariffs directly affect 5% of Spanish exports, amounting to €18 billion

Goods sold by the 27 EU member states to the U.S. will be subject to a 20% tariff, as announced by Donald Trump. For Spanish exports—just over €18 billion last year—it will have an impact of at least €3.2 billion, or 0.2% of GDP, and will particularly hit capital goods, metallurgy, and agricultural sectors—such as olive oil, fruits and vegetables, or wine—which account for more than €14 billion in exports….


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Exporters’ order book showing some light

Luis Alcaide | The synthetic indicator of export activity prepared by the Ministry of Economy and Trade for the fourth quarter of 2024 shows a slight increase in the order book of around 0.6% for the first three months of 2025. Likewise, the twelve-month outlook maintains an even more modest but positive percentage. Flickering lights on the future of exports in the current year. The order book indicator has accurately…