Overview In July 2022 Spain exported €32.4B and imported €38.7B, resulting in a negative trade balance of €6.22B. Between July 2021 and July 2022 the exports of Spain have increased by €5.63B (21%) from €26.8B to €32.4B, while imports increased by €9.81B (34%) from €28.9B to €38.7B.
Trade In July 2022, the top exports of Spain were Refined Petroleum (€2.49B), Cars (€2.12B), Commodities not elsewhere specified (€1.89B), Packaged Medicaments (€990M), and Planes, Helicopters, and/or Spacecraft (€911M). In July 2022 the top imports of Spain were Crude Petroleum (€4.98B), Petroleum Gas (€1.92B), Refined Petroleum (€1.31B), Cars (€1.16B), and Motor vehicles; parts and accessories (8701... (€1.11B).
Origins In July 2022 the exports of Spain were mainly from Barcelona (€6.07B), Madrid (€4.41B), Valencia (€1.72B), Murcia (€1.39B), and Sin provincia asignada (€1.24B), while imports destinations were mainly Madrid (€7.76B), Barcelona (€7.58B), Valencia (€2.02B), Vizcaya (€1.96B), and Murcia (€1.92B).
Destinations In July 2022, Spain exported mostly to France (€5.15B), Germany (€2.75B), Portugal (€2.6B), Italy (€2.45B), and World (€2.21B), and imported mostly from China (€3.92B), Germany (€3.36B), United States (€3.09B), France (€2.96B), and Italy (€2.19B).
Growth In July 2022, the increase in Spain's year-by-year exports was explained primarily by an increase in exports to China (€136M or 25.9%), Sweden (€67.7M or 33.7%), and Democratic Republic of the Congo (€54.5M or 2.47k%), and product exports increase in Electricity (€64.5M or 128%), Crude Petroleum (€58.6M or 616k%), and Electric Batteries (€55.9M or 78.5%). In July 2022, the increase in Spain's year-by-year imports was explained primarily by an increase in imports from Kazakhstan (€113M or 126%), Peru (€35.7M or 39.3%), and Sweden (€32.7M or 14.2%), and product imports increase in Computers (€125M or 44.8%), Electric Batteries (€83M or 98.6%), and Vaccines, blood, antisera, toxins and cultures (€72.5M or 23.4%).