Data Insights

Overall, Spain's trade values in 202602 showed a positive trend in both imports and exports. Total exports increased by 1.98B EUR (6.56%) to reach 32.09B EUR, while imports rose by 1.47B EUR (4.26%) to 35.89B EUR. This indicates a healthy trade flow despite some fluctuations in specific countries and product categories.

In the month-on-month analysis, Spain's imports saw a significant increase, with the highest values recorded from Germany (4.11B EUR, 434.02M EUR increase, 11.80% change), the United Kingdom (1.09B EUR, 374.83M EUR increase, 52.21% change), and France (3.3B EUR, 323.86M EUR increase, 10.90% change). Conversely, the lowest values were from China (3.71B EUR, -410.9M EUR decrease, -9.98% change), the United States (2.09B EUR, -143.23M EUR decrease, -6.42% change), and South Korea (296.86M EUR, -102.92M EUR decrease, -25.74% change). For exports, the top increases were from Germany (3.54B EUR, 393.79M EUR increase, 12.53% change), Italy (2.76B EUR, 241.18M EUR increase, 9.59% change), and Indonesia (224.89M EUR, 196.91M EUR increase, 703.77% change). The lowest decreases were from Gibraltar (35.93M EUR, -177.5M EUR decrease, -83.17% change), the Rest of the World (1.47B EUR, -123.58M EUR decrease, -7.77% change), and Portugal (2.65B EUR, -76.54M EUR decrease, -2.81% change).

In the year-on-year analysis, imports from the Rest of the World showed the highest increase (1.48B EUR, 1.2B EUR increase, 420.72% change), followed by Japan (542.31M EUR, 185.93M EUR increase, 52.17% change), and the United Kingdom (1.09B EUR, 149.8M EUR increase, 15.89% change). The lowest decreases were from the United States (2.09B EUR, -564.61M EUR decrease, -21.30% change), Brazil (408.66M EUR, -363.09M EUR decrease, -47.05% change), and Italy (2.43B EUR, -172.78M EUR decrease, -6.63% change). For exports, the highest increases were from the Rest of the World (1.47B EUR, 927.75M EUR increase, 172.38% change), Indonesia (224.89M EUR, 189.25M EUR increase, 530.99% change), and Germany (3.54B EUR, 147.6M EUR increase, 4.36% change). The lowest decreases were from the United States (1.29B EUR, -199.49M EUR decrease, -13.43% change), Switzerland (353.06M EUR, -187.22M EUR decrease, -34.65% change), and China (656.05M EUR, -131.27M EUR decrease, -16.67% change).

Overall, Spain's total trade value for the month decreased by 2.01B EUR (-3.73%), with imports totaling 34.08B EUR and exports at 29.73B EUR. Year-on-year, total trade also saw a decline, with imports down by 2.61B EUR (-7.12%) and exports decreasing by 587.49M EUR (-1.94%). The trade balance remains negative, indicating a continued reliance on imports over exports.

In the month-on-month analysis, imports from the United States saw a significant increase of 223.12M EUR, representing an 11.13% rise. South Korea followed with a 161.42M EUR increase, marking a 68.02% growth. Switzerland also contributed positively with a 123.61M EUR increase (37.66%). On the downside, Italy experienced a notable decline of 448.91M EUR (-17.11%), while France's imports decreased by 414.1M EUR (-12.48%). Brazil and Algeria also saw reductions of 320.72M EUR (-43.31%) and 278.28M EUR (-48.27%) respectively. In exports, the United Kingdom led with a 324.05M EUR increase (18.27%), followed by Germany with 214.37M EUR (7.51%). Italy's exports also rose by 157.73M EUR (6.78%). Conversely, exports to the United States fell by 205.28M EUR (-15.25%), with Turkey and Algeria also seeing declines of 197.81M EUR (-22.30%) and 91.39M EUR (-41.54%) respectively.

Year-on-year, imports from the Rest of the World surged by 1.1B EUR (363.53%), while imports from China increased by 207.7M EUR (5.33%). Iraq's imports also rose significantly by 79.27M EUR (902.98%). On the contrary, imports from the United States dropped by 576.61M EUR (-20.56%), with Brazil and Mexico also experiencing declines of 371.24M EUR (-46.93%) and 305.21M EUR (-46.28%) respectively. In exports, the Rest of the World saw a substantial increase of 990.29M EUR (165.94%), with the United Kingdom and Gibraltar also showing positive growth of 159.25M EUR (8.22%) and 134.22M EUR (169.45%). However, exports to Germany fell by 283.3M EUR (-8.45%), with the Netherlands and Morocco also declining by 202.95M EUR (-17.20%) and 191.49M EUR (-18.67%) respectively.

The analysis of Spain's international trade for the year 2025 shows a mixed performance. Month-on-month, total exports decreased by 2.08B EUR (-6.43%) and imports fell by 3.12B EUR (-8.05%). Year-on-year, total imports increased by 3.68B EUR (11.54%) while exports rose by 2.67B EUR (9.68%). The highest increases in imports were from Brazil and the Rest of the World, while the largest decreases were from Germany and China. Exports saw significant growth from Australia and the Rest of the World, but declines from Germany and Italy.

In the month-on-month analysis, imports from Brazil saw the highest increase with a trade value of 740.46M EUR, reflecting a significant rise of 256.75M EUR (53.08%). Saudi Arabia followed with an increase of 119.09M EUR (63.19%), while South Africa experienced a rise of 117.99M EUR (217.56%). On the lower end, Germany's imports decreased by 720.6M EUR (-16.61%), China saw a drop of 310.7M EUR (-7.15%), and the Netherlands had a decline of 247.49M EUR (-13.44%). For exports, Australia led with an increase of 72.18M EUR (33.67%), followed by China with 60.27M EUR (10.14%), and France with 56.26M EUR (1.30%). Conversely, Germany's exports fell by 588.71M EUR (-17.09%), Italy's by 353.35M EUR (-13.19%), and Belgium's by 247.68M EUR (-24.24%). Overall, total exports decreased by 2.08B EUR (-6.43%) while imports fell by 3.12B EUR (-8.05%).

In the year-on-year analysis, imports from the Rest of the World increased significantly by 1.37B EUR (291.05%), with France following at 610.47M EUR (22.56%) and China at 535.46M EUR (15.31%). On the downside, imports from Mexico decreased by 309.51M EUR (-46.14%), Nigeria by 186.51M EUR (-28.85%), and Indonesia by 84.41M EUR (-31.67%). For exports, the Rest of the World also saw a substantial increase of 1.56B EUR (219.59%), with France at 586.77M EUR (15.41%) and Portugal at 250.28M EUR (10.02%). However, exports to Panama dropped by 210.01M EUR (-79.86%), Kazakhstan by 198.05M EUR (-89.90%), and Switzerland by 182.67M EUR (-33.34%). Overall, total imports increased by 3.68B EUR (11.54%) while exports rose by 2.67B EUR (9.68%).

In summary, Spain's trade values for the month showed a decrease in both imports and exports, with total imports at 38.1B EUR and total exports at 32.02B EUR. Year-on-year, imports increased to 38.1B EUR, while exports rose to 32.02B EUR, indicating a positive trend in trade despite the recent monthly declines.

In the month-on-month analysis, Spain's imports saw a significant increase, with the highest values recorded from Nigeria (465.08M EUR, 3.02% increase), Mexico (464.43M EUR, 0.58% increase), and Japan (627.83M EUR, 0.34% increase). Conversely, the lowest values were from the Rest of the World (1.41B EUR, -0.24% decrease), the United States (2.11B EUR, -0.16% decrease), and Germany (4.29B EUR, -0.06% decrease). For exports, Turkey led with 933.06M EUR (3.91% increase), followed by Slovenia (90.46M EUR, 33.01% increase), and Sweden (321.37M EUR, 5.36% increase). The lowest exports were to France (4.32B EUR, -11.73% decrease), Portugal (2.8B EUR, -12.09% decrease), and the Rest of the World (1.73B EUR, -11.66% decrease). Overall, total imports decreased by 1.35B EUR (-3.42%), while total exports decreased by 3.58B EUR (-10.05%).

In the year-on-year analysis, imports from the Rest of the World increased significantly by 1.06B EUR (3.09%), followed by China (4.34B EUR, 0.17% increase) and Germany (4.29B EUR, 0.08% increase). The lowest increases were from Algeria (461.04M EUR, -0.43% decrease), the United States (2.11B EUR, -0.12% decrease), and Brazil (483.7M EUR, -0.30% decrease). For exports, the Rest of the World also saw a notable increase of 1.19B EUR (2.17%), with Turkey (933.06M EUR, 0.26% increase) and Germany (3.42B EUR, 0.04% increase) following. The lowest decreases were from Panama (31.63M EUR, -87.77% decrease), the United Kingdom (1.91B EUR, -0.07% decrease), and China (594.18M EUR, -0.15% decrease). Overall, total imports increased by 2.2B EUR (6.13%), while total exports increased by 1.42B EUR (4.63%).

In summary, Spain's trade dynamics show a robust month-on-month growth in both imports and exports, particularly from the 'Rest of the world' and Germany. Year-on-year, while imports have generally increased, exports have faced some challenges, particularly with significant declines to France and Germany. The total trade value reflects a slight increase in imports and a decrease in exports, indicating a complex trade environment.

In the month-on-month analysis, imports from the 'Rest of the world' saw a significant increase of 856.13M, reflecting a 0.88% growth. Germany also contributed positively with an increase of 179.96M (4.17%). However, imports from China decreased by 262.68M (-5.80%), and Nigeria saw a drop of 241.49M (-67.62%). On the exports side, the 'Rest of the world' increased by 413.11M (26.86%), while exports to the United Kingdom rose by 264.09M (14.27%). Conversely, exports to Ukraine fell by 111.68M (-59.44%). Overall, total trade saw exports increase by 2.81B (8.69%) and imports increase by 645.43M (1.68%).

Year-on-year, imports from the 'Rest of the world' increased by 885.25M (93.34%), while imports from Germany rose by 318.51M (7.63%). In contrast, imports from France decreased by 252.25M (-7.27%). On the exports side, exports to the 'Rest of the world' increased by 495.99M (34.08%), and exports to Indonesia surged by 188.67M (419.64%). However, exports to France decreased by 308.96M (-5.93%). Overall, total imports increased by 193.45M (0.50%) year-on-year, while total exports decreased by 181.59M (-0.51%).