Monitor Report of SPAIN trade and SPAIN-China binational trade in 202107

 1.  Overview the trade of SPAIN in goods current year until 202107

According to Dalian Infobank, in 202107SPAIN's exports and imports of goods amounted to 65843.5008 million, and were up 20.29% comparing with the same period of last year. Among these, exports were up 17.49% at 32063.8862 million, and imports were up 23.07% at 33779.6146 million. And the corresponding trade deficit was 1715.7283 million and up 999.26%.

During the current year until 202107, SPAIN's total exports and imports of goods were 453324.8217 million and were up 30.56% comparing to the same period of last year. Among these, exports were 221903.4521 million and up 31.67%; imports were 231421.3696 million and up 29.52%. The total trade deficit was 9517.9175 million and down 6.23%.

If considering by country (region), FRANCE, GERMANY, ITALY, PORTUGAL, CHINA were SPAIN's top five trading partners. During the current year until 202107, SPAIN's imports and exports to five countries/territories were 62004.9506 million, 55032.2079 million, 36490.8645 million, 27249.8478 million, 25038.0218 million. These values correspond to 13.68%, 12.14%, 8.05%, 6.01%, 5.52% of SPAIN's imports and exports, and, respectively, were up 31.57%, up 24.44%, up 50.58%, up 39.77%, up 21.22% comparing to the same period of last year.

Current year until 202107, 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 202107, SPAIN's exports to these five countries/territories were 36450.7016 million, 23833.1633 million, 19279.4430 million, 17370.9869 million, 13078.0778 million. These values correspond to 16.43%, 10.74%, 8.69%, 7.83%, 5.89% of SPAIN's exports and, respectively, were up 33.89%, up 21.66%, up 51.14%, up 38.90%, up 20.28% comparing with the same period of last year.

Current year until 202107, 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 202107, SPAIN's imports from these five countries/territories were 31199.0446 million, 25554.2491 million, 18712.0348 million, 17211.4216 million, 14941.8690 million. These values correspond to 13.48%, 11.04%, 8.09%, 7.44%, 6.46% of SPAIN's total imports and, respectively, were up 26.66%, up 28.41%, up 17.22%, up 49.97%, up 44.68% comparing with the same period of last year.

During the current year until 202107, 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 10896.4525 million, 7502.4306 million, 7492.1259 million, 2068.0214 million, 1607.8685 million, and up 48.78%, up 62.35%, up 35.80%, up 61.61%, up 10.29%. And the trade deficits were mainly from CHINA, GERMANY, NETHERLANDS, NIGERIA, LIBYA at 12386.0479 million, 7365.8813 million, 6859.1389 million, 3026.9114 million, 1911.1755 million, and up 9.89%, up 46.07%, up 53.54%, up 19.65%, up 1375.28%.

Current year until 202107, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202107,  commodities with hs2 codes, 87, 27, 84, 85, 30, were SPAIN's top five traded commodities. They correspond to the import and export values of 59018.2993 million, 38595.0757 million, 38488.2967 million, 32470.1753 million, 24282.7760 million, which were up 32.13%, up 42.89%, up 28.35%, up 31.49%, up 29.63% comparing with the same period of last year and account for 13.02%, 8.51%, 8.49%, 7.16%, 5.36% of SPAIN's total imports and exports.

During the current year until 202107, 87, 84, 85, 27, 30 were SPAIN's top five traded commodities, with total import and export values of 34282.0217 million, 15809.7476 million, 12287.9929 million, 11904.1423 million, 10560.5256 million. These values correspond to 15.45%, 7.12%, 5.54%, 5.36%, 4.76% of SPAIN's total exports and, respectively, were up 33.39%, up 28.46%, up 31.19%, up 40.81%, up 23.28% comparing to the same period of last year.

During the current year until 202107, 27, 87, 84, 85, 30 were SPAIN's top five traded commodities, with total import values of 26690.9334 million, 24736.2776 million, 22678.5491 million, 20182.1825 million, 13722.2504 million. These values correspond to 11.53%, 10.69%, 9.80%, 8.72%, 5.93% of SPAIN's total exports and, respectively, were up 43.84%, up 30.44%, up 28.27%, up 31.68%, up 34.98% comparing to the same period of last year.


2. Current year until 202107, SPAIN binational trade profile

According to Dalian Infobank, during the current year until 202107, SPAIN-China binational exports and imports of goods amounted to 25038.0218 million and were up 21.22% comparing with the same period of last year. Among these, exports from SPAIN to China were 6325.9870 million and up 34.82%, imports from China to SPAIN were 18712.0348 million and up 17.22%. The total binational trade deficit was 12386.0479 million and up 9.89%.

During the urrent year until 202107, commodities with hs2 code, 85, 84, 02, 94, 29, were binational trade's top five traded commodities. They correspond to import and export values of 4543.5340 million, 3041.5863 million, 2473.3679 million, 1081.3672 million, 1034.7965 million and makes up 18.15%, 12.15%, 9.88%, 4.32%, 4.13% of the total binational imports and exports. These values were also up 43.39%, up 40.79%, up 53.54%, up 50.31%, up 21.82% comparing to the same period last year.

During the current year until 202107, 02, 26, 39, 84, 87 were the top five traded commodities exported to China from SPAIN, with export values of 2471.6591 million, 454.5630 million, 345.7822 million, 338.1130 million, 297.6316 million. These values account for 39.07%, 7.19%, 5.47%, 5.34%, 4.70% of SPAIN's total exports and were up 53.53%, up 22.66%, up 56.63%, up 33.27%, up 58.19% comparing to the same period of last year.

During the current year until 202107, 85, 84, 94, 29, 95 were SPAIN's top five traded commodities importing from China , with import values of 4372.7236 million, 2703.4733 million, 1059.9219 million, 980.7096 million, 915.9016 million. These values account for 23.37%, 14.45%, 5.66%, 5.24%, 4.89% of SPAIN's total imports and were up 43.12%, up 41.79%, up 50.61%, up 25.82%, up 60.58% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat