external trade balance

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Spanish trade deficit narrows to €2.543 billion in April

Singular Bank | According to the Ministry of Economy, Trade and Business, in May, Spanish exports increased by 2.7% year-on-year, reaching €34.999 billion, with capital goods sales (24%) and lower energy exports (down 32.7%) standing out. At the same time, imports rose by 3.1% to €37.5423 billion, with the largest increases in purchases of capital goods (14.8%), cars and parts (4.9%) and raw materials (10.7%). Given this development, the Spanish…


exportaciones comercio viajes

Spain’s trade balance generates €2.3-billion deficit in May compared to €3.1 billion in same month last year

Link Securities| The Ministry of Industry, Trade and Tourism published on Friday that Spain’s trade balance generated a deficit of €2.3 billion in May compared to the €3.1 billion it reached in the same month last year. In May, exports increased by 2.3% to €34.7 billion, mainly driven by higher shipments of energy products (+35.9%), raw materials (+13.1%) and food, beverages and tobacco (+9.1%). At the same time, imports remained…


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Euro area external trade records a €2.8 billion surplus in February

The first estimate for the euro zone trade in goods balance with the rest of the world in February 2012 gave a €2.8 billion surplus, compared with a deficit of -€2.8 billion in February 2011, the statistical office Eurostat said on Monday. The January 2012 balance was -€7.9 billion, compared with -€16.1 billion in January 2011. In February 2012 compared with January 2012, seasonally adjusted exports rose by 2.4% and imports by…