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…
