Spain

Insights for Spain

BETA

May 2026 period, National level, Product aggregation

AI
Summary: In May 2026, Spain's total trade value was 75.67B EUR, with imports at 41.13B EUR and exports at 34.54B EUR. Month on month, total trade decreased by 797.80M EUR (-1.04%), with imports down by 412.69M EUR (-0.99%) and exports down by 385.11M EUR (-1.10%). Year on year, total trade increased by 1.91B EUR (4.99%), with imports up by 1.91B EUR (4.85%) and exports down by 1.90B EUR (-5.20%).
AI
MoM insights: In May 2026, Spain's imports from the United Kingdom saw a significant increase of 237.16M EUR, representing a 24.76% rise. Mexico followed closely with an increase of 225.83M EUR (36.67%). Brazil also contributed positively with a 164.17M EUR increase (23.22%). On the downside, imports from the United States dropped by 479.76M EUR (-17.61%), while France and Nigeria saw decreases of 344.14M EUR (-10.00%) and 325.96M EUR (-49.61%) respectively. In exports, the Rest of the World experienced a notable increase of 534.98M EUR (30.47%), while Portugal and Italy saw smaller increases of 124.49M EUR (4.11%) and 107.11M EUR (3.75%). Conversely, exports to France decreased by 342.90M EUR (-6.76%), and Germany and Morocco also faced declines of 283.86M EUR (-7.58%) and 226.71M EUR (-19.08%).
AI
YoY insights: Year on year, imports from the Rest of the World increased by 503.58M EUR (44.08%), with Mexico and the United Kingdom also showing strong growth of 448.69M EUR (114.18%) and 403.18M EUR (50.92%) respectively. However, imports from Italy decreased by 434.82M EUR (-14.09%), and France and Germany also saw declines of 295.29M EUR (-8.71%) and 198.81M EUR (-4.36%). In exports, the Rest of the World again led with an increase of 787.93M EUR (52.43%), while Portugal and Italy saw smaller increases of 155.98M EUR (5.21%) and 109.68M EUR (3.87%). On the downside, exports to the Netherlands dropped significantly by 1.29B EUR (-54.36%), with Germany and Turkey also facing declines of 354.57M EUR (-9.29%) and 211.23M EUR (-25.03%).
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