1. Overview the trade of SPAIN in goods current year until 202204
According to Dalian Infobank, in 202204, SPAIN's exports and imports of goods amounted to 75284.1172 million, and were up 17.09% comparing with the same period of last year. Among these, exports were up 8.59% at 34310.9410 million, and imports were up 25.29% at 40973.1762 million. And the corresponding trade deficit was 6662.2352 million and up 501.79%.
During the current year until 202204, SPAIN's total exports and imports of goods were 300762.7523 million and were up 19.63% comparing to the same period of last year. Among these, exports were 137936.4622 million and up 12.01%; imports were 162826.2901 million and up 26.95%. The total trade deficit was 24889.8279 million and up 386.87%.
If considering by country (region), FRANCE, GERMANY, ITALY, PORTUGAL, UNITED STATES were SPAIN's top five trading partners. During the current year until 202204, SPAIN's imports and exports to five countries/territories were 37828.5862 million, 32002.4315 million, 22574.2811 million, 18004.8065 million, 17785.0183 million. These values correspond to 12.58%, 10.64%, 7.51%, 5.99%, 5.91% of SPAIN's imports and exports, and, respectively, were up 9.96%, up 1.55%, up 12.92%, up 21.28%, up 74.94% comparing to the same period of last year.
Current year until 202204, SPAIN and the top five trade partners FRANCE, GERMANY, PORTUGAL, ITALY, BELGIUM are the top five countries/territories that SPAIN exports to in terms of the total export amount. During the current year until 202204, SPAIN's exports to these five countries/territories were 21313.2719 million, 13991.8044 million, 11902.6942 million, 11617.3813 million, 7979.5533 million. These values correspond to 15.45%, 10.14%, 8.63%, 8.42%, 5.78% of SPAIN's exports and, respectively, were up 6.80%, up 0.36%, up 28.50%, up 9.84%, up 81.17% comparing with the same period of last year.
Current year until 202204, SPAIN's exports to top five countries/territories GERMANY, FRANCE, CHINA, UNITED STATES, ITALY are the top five countries/territories that SPAIN imports from in terms of the total export amount. During the current year until 202204, SPAIN's imports from these five countries/territories were 18010.6271 million, 16515.3143 million, 14220.1440 million, 11561.4530 million, 10956.8998 million. These values correspond to 11.06%, 10.14%, 8.73%, 7.10%, 6.73% of SPAIN's total imports and, respectively, were up 2.50%, up 14.32%, up 34.59%, up 143.55%, up 16.38% comparing with the same period of last year.
During the current year until 202204, the trade surplus of SPAIN was mainly from PORTUGAL, FRANCE, UNITED KINGDOM, BELGIUM, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES at 5800.5819 million, 4797.9576 million, 3864.3961 million, 2364.2174 million, 1773.2810 million, and up 57.65%, down 12.91%, down 15.52%, down 695.75%, up 112.95%. And the trade deficits were mainly from CHINA, UNITED STATES, NETHERLANDS, GERMANY, NIGERIA at 11600.2964 million, 5337.8878 million, 4129.2663 million, 4018.8227 million, 3212.2581 million, and up 71.90%, down 893.67%, up 12.00%, up 10.68%, up 110.18%.
Current year until 202204, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202204, commodities with hs2 codes, 27, 87, 84, 85, 30, were SPAIN's top five traded commodities. They correspond to the import and export values of 43080.6976 million, 31213.6005 million, 21960.8817 million, 19203.8904 million, 17572.9569 million, which were up 118.76%, down 10.54%, up 1.52%, up 3.42%, up 39.44% comparing with the same period of last year and account for 14.32%, 10.38%, 7.30%, 6.39%, 5.84% of SPAIN's total imports and exports.
During the current year until 202204, 87, 27, 30, 84, 85 were SPAIN's top five traded commodities, with total import and export values of 17534.4171 million, 12522.3780 million, 8816.4373 million, 8616.9919 million, 6488.1001 million. These values correspond to 12.71%, 9.08%, 6.39%, 6.25%, 4.70% of SPAIN's total exports and, respectively, were down 12.92%, up 110.00%, up 62.91%, down 1.34%, down 7.08% comparing to the same period of last year.
During the current year until 202204, 27, 87, 84, 85, 30 were SPAIN's top five traded commodities, with total import values of 30558.3195 million, 13679.1833 million, 13343.8898 million, 12715.7903 million, 8756.5196 million. These values correspond to 18.77%, 8.40%, 8.20%, 7.81%, 5.38% of SPAIN's total exports and, respectively, were up 122.57%, down 7.29%, up 3.45%, up 9.75%, up 21.77% comparing to the same period of last year.
2. Current year until 202204, SPAIN binational trade profile
According to Dalian Infobank, during the current year until 202204, SPAIN-China binational exports and imports of goods amounted to 16839.9917 million and were up 17.08% comparing with the same period of last year. Among these, exports from SPAIN to China were 2619.8476 million and down 31.37%, imports from China to SPAIN were 14220.1440 million and up 34.59%. The total binational trade deficit was 11600.2964 million and up 71.90%.
During the urrent year until 202204, commodities with hs2 code, 85, 84, 29, 94, 39, were binational trade's top five traded commodities. They correspond to import and export values of 3296.2553 million, 1921.7697 million, 929.0767 million, 751.9618 million, 672.8167 million and makes up 19.57%, 11.41%, 5.52%, 4.47%, 4.00% of the total binational imports and exports. These values were also up 31.77%, up 14.16%, up 53.40%, up 26.60%, up 24.99% comparing to the same period last year.
During the current year until 202204, 02, 26, 30, 39, 84 were the top five traded commodities exported to China from SPAIN, with export values of 454.7499 million, 423.8072 million, 194.7678 million, 184.4055 million, 175.4991 million. These values account for 17.36%, 16.18%, 7.43%, 7.04%, 6.70% of SPAIN's total exports and were down 73.31%, up 54.15%, up 52.47%, down 0.48%, down 0.41% comparing to the same period of last year.
During the current year until 202204, 85, 84, 29, 94, 95 were SPAIN's top five traded commodities importing from China , with import values of 3223.0337 million, 1746.2706 million, 892.0557 million, 743.1121 million, 538.1137 million. These values account for 22.67%, 12.28%, 6.27%, 5.23%, 3.78% of SPAIN's total imports and were up 33.69%, up 15.87%, up 55.94%, up 27.43%, up 17.40% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Eurostat