Monitor Report of SPAIN trade and SPAIN-China binational trade in 202106

 1.  Overview the trade of SPAIN in goods current year until 202106

According to Dalian Infobank, in 202106SPAIN's exports and imports of goods amounted to 71555.4997 million, and were up 37.87% comparing with the same period of last year. Among these, exports were up 32.55% at 34826.8643 million, and imports were up 43.32% at 36728.6354 million. And the corresponding trade deficit was 1901.7711 million and down 393.80%.

During the current year until 202106, SPAIN's total exports and imports of goods were 388030.0594 million and were up 32.67% comparing to the same period of last year. Among these, exports were 189837.6519 million and up 34.41%; imports were 198192.4075 million and up 31.05%. The total trade deficit was 8354.7556 million and down 16.40%.

If considering by country (region), FRANCE, GERMANY, ITALY, PORTUGAL, CHINA were SPAIN's top five trading partners. During the current year until 202106, SPAIN's imports and exports to five countries/territories were 53832.9219 million, 48289.3076 million, 29252.1235 million, 21935.1323 million, 21422.7883 million. These values correspond to 13.87%, 12.44%, 7.54%, 5.65%, 5.52% of SPAIN's imports and exports, and, respectively, were up 36.81%, up 29.60%, up 44.95%, up 35.60%, up 24.79% comparing to the same period of last year.

Current year until 202106, SPAIN and the top five trade partners FRANCE, GERMANY, ITALY, PORTUGAL, UNITED KINGDOM are the top five countries/territories that SPAIN exports to in terms of the total export amount. During the current year until 202106, SPAIN's exports to these five countries/territories were 31276.5369 million, 20841.4903 million, 15616.4498 million, 13830.0384 million, 11115.8271 million. These values correspond to 16.48%, 10.98%, 8.23%, 7.29%, 5.86% of SPAIN's exports and, respectively, were up 38.72%, up 27.88%, up 46.24%, up 32.87%, up 20.36% comparing with the same period of last year.

Current year until 202106, SPAIN's exports to top five countries/territories GERMANY, FRANCE, CHINA, ITALY, NETHERLANDS are the top five countries/territories that SPAIN imports from in terms of the total export amount. During the current year until 202106, SPAIN's imports from these five countries/territories were 27447.8172 million, 22556.3850 million, 15817.0532 million, 13635.6737 million, 11820.8395 million. These values correspond to 13.85%, 11.38%, 7.98%, 6.88%, 5.96% of SPAIN's total imports and, respectively, were up 30.95%, up 34.23%, up 19.20%, up 43.51%, up 36.67% comparing with the same period of last year.

During the current year until 202106, the trade surplus of SPAIN was mainly from FRANCE, UNITED KINGDOM, PORTUGAL, ITALY, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES at 8720.1518 million, 6455.8333 million, 5724.9445 million, 1980.7762 million, 1320.0916 million, and up 51.86%, up 64.54%, up 23.35%, up 68.23%, down 1.03%. And the trade deficits were mainly from CHINA, GERMANY, NETHERLANDS, NIGERIA, LIBYA at 10211.3181 million, 6606.3269 million, 5285.3790 million, 2282.2954 million, 1718.6002 million, and up 8.96%, up 41.67%, up 41.21%, up 4.15%, up 852.43%.

Current year until 202106, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202106,  commodities with hs2 codes, 87, 84, 27, 85, 30, were SPAIN's top five traded commodities. They correspond to the import and export values of 52884.6140 million, 32712.2618 million, 32189.3227 million, 27925.4780 million, 20998.8753 million, which were up 43.79%, up 30.45%, up 36.71%, up 36.91%, up 32.24% comparing with the same period of last year and account for 13.63%, 8.43%, 8.30%, 7.20%, 5.41% of SPAIN's total imports and exports.

During the current year until 202106, 87, 84, 85, 27, 30 were SPAIN's top five traded commodities, with total import and export values of 30461.8003 million, 13233.7402 million, 10500.1181 million, 9986.9961 million, 9220.9448 million. These values correspond to 16.05%, 6.97%, 5.53%, 5.26%, 4.86% of SPAIN's total exports and, respectively, were up 46.78%, up 28.35%, up 33.72%, up 34.47%, up 30.31% comparing to the same period of last year.

During the current year until 202106, 87, 27, 84, 85, 30 were SPAIN's top five traded commodities, with total import values of 22422.8137 million, 22202.3266 million, 19478.5216 million, 17425.3599 million, 11777.9304 million. These values correspond to 11.31%, 11.20%, 9.83%, 8.79%, 5.94% of SPAIN's total exports and, respectively, were up 39.91%, up 37.73%, up 31.92%, up 38.91%, up 33.80% comparing to the same period of last year.


2. Current year until 202106, SPAIN binational trade profile

According to Dalian Infobank, during the current year until 202106, SPAIN-China binational exports and imports of goods amounted to 21422.7883 million and were up 24.79% comparing with the same period of last year. Among these, exports from SPAIN to China were 5605.7351 million and up 43.82%, imports from China to SPAIN were 15817.0532 million and up 19.20%. The total binational trade deficit was 10211.3181 million and up 8.96%.

During the urrent year until 202106, commodities with hs2 code, 85, 84, 02, 29, 94, were binational trade's top five traded commodities. They correspond to import and export values of 3809.0000 million, 2602.7777 million, 2294.9169 million, 906.1516 million, 899.0732 million and makes up 17.78%, 12.15%, 10.71%, 4.23%, 4.20% of the total binational imports and exports. These values were also up 46.73%, up 47.15%, up 74.84%, up 25.88%, up 51.80% comparing to the same period last year.

During the current year until 202106, 02, 26, 39, 84, 87 were the top five traded commodities exported to China from SPAIN, with export values of 2293.3674 million, 438.5470 million, 295.1622 million, 281.0481 million, 242.9313 million. These values account for 40.91%, 7.82%, 5.27%, 5.01%, 4.33% of SPAIN's total exports and were up 74.77%, up 27.35%, up 55.41%, up 34.59%, up 62.67% comparing to the same period of last year.

During the current year until 202106, 85, 84, 94, 29, 95 were SPAIN's top five traded commodities importing from China , with import values of 3659.9440 million, 2321.7296 million, 881.7650 million, 857.1625 million, 743.2385 million. These values account for 23.14%, 14.68%, 5.57%, 5.42%, 4.70% of SPAIN's total imports and were up 46.20%, up 48.83%, up 52.06%, up 29.91%, up 68.30% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat