Monitor Report of SPAIN trade and SPAIN-China binational trade in 202205

 1.  Overview the trade of SPAIN in goods current year until 202205

According to Dalian Infobank, in 202205SPAIN's exports and imports of goods amounted to 79815.5272 million, and were up 20.81% comparing with the same period of last year. Among these, exports were up 15.13% at 37356.2901 million, and imports were up 26.29% at 42459.2371 million. And the corresponding trade deficit was 5102.9470 million and up 335.26%.

During the current year until 202205, SPAIN's total exports and imports of goods were 380216.4960 million and were up 19.80% comparing to the same period of last year. Among these, exports were 175135.5092 million and up 12.56%; imports were 205080.9867 million and up 26.76%. The total trade deficit was 29945.4775 million and up 383.70%.

If considering by country (region), FRANCE, GERMANY, ITALY, UNITED STATES, PORTUGAL were SPAIN's top five trading partners. During the current year until 202205, SPAIN's imports and exports to five countries/territories were 47278.2129 million, 40264.4135 million, 28282.7044 million, 22925.9984 million, 22571.3909 million. These values correspond to 12.43%, 10.59%, 7.44%, 6.03%, 5.94% of SPAIN's imports and exports, and, respectively, were up 9.49%, up 2.43%, up 12.59%, up 76.13%, up 19.80% comparing to the same period of last year.

Current year until 202205, 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 202205, SPAIN's exports to these five countries/territories were 26978.7465 million, 17623.8025 million, 14929.1659 million, 14593.0073 million, 9834.9722 million. These values correspond to 15.40%, 10.06%, 8.52%, 8.33%, 5.62% of SPAIN's exports and, respectively, were up 7.75%, up 1.19%, up 25.44%, up 10.10%, up 67.86% comparing with the same period of last year.

Current year until 202205, 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 202205, SPAIN's imports from these five countries/territories were 22640.6110 million, 20299.4664 million, 17907.2752 million, 14607.6185 million, 13689.6971 million. These values correspond to 11.04%, 9.90%, 8.73%, 7.12%, 6.68% of SPAIN's total imports and, respectively, were up 3.42%, up 11.89%, up 36.33%, up 137.11%, up 15.36% comparing with the same period of last year.

During the current year until 202205, 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 7286.9409 million, 6679.2801 million, 4911.3084 million, 2856.8404 million, 2362.6213 million, and up 46.82%, down 3.14%, down 12.49%, down 2869.57%, up 123.89%. And the trade deficits were mainly from CHINA, UNITED STATES, NETHERLANDS, GERMANY, NIGERIA at 14536.2797 million, 6289.2387 million, 5183.3640 million, 5016.8084 million, 3917.6338 million, and up 72.46%, down 1004.63%, up 7.97%, up 12.11%, up 102.92%.

Current year until 202205, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202205,  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 54638.2253 million, 39188.5745 million, 27769.2166 million, 24355.6793 million, 21854.9702 million, which were up 113.57%, down 9.09%, up 2.46%, up 5.59%, up 30.25% comparing with the same period of last year and account for 14.37%, 10.31%, 7.30%, 6.41%, 5.75% of SPAIN's total imports and exports.

During the current year until 202205, 87, 27, 30, 84, 85 were SPAIN's top five traded commodities, with total import and export values of 21912.9759 million, 15749.4230 million, 11100.9175 million, 11063.1615 million, 8212.9788 million. These values correspond to 12.51%, 8.99%, 6.34%, 6.32%, 4.69% of SPAIN's total exports and, respectively, were down 11.68%, up 103.58%, up 52.94%, up 1.27%, down 5.45% comparing to the same period of last year.

During the current year until 202205, 27, 87, 84, 85, 30 were SPAIN's top five traded commodities, with total import values of 38888.8023 million, 17275.5986 million, 16706.0551 million, 16142.7005 million, 10754.0527 million. These values correspond to 18.96%, 8.42%, 8.15%, 7.87%, 5.24% of SPAIN's total exports and, respectively, were up 117.91%, down 5.58%, up 3.27%, up 12.26%, up 12.95% comparing to the same period of last year.


2. Current year until 202205, SPAIN binational trade profile

According to Dalian Infobank, during the current year until 202205, SPAIN-China binational exports and imports of goods amounted to 21278.2707 million and were up 19.26% comparing with the same period of last year. Among these, exports from SPAIN to China were 3370.9955 million and down 28.38%, imports from China to SPAIN were 17907.2752 million and up 36.33%. The total binational trade deficit was 14536.2797 million and up 72.46%.

During the urrent year until 202205, 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 4369.8508 million, 2425.2884 million, 1150.9374 million, 935.6281 million, 861.4936 million and makes up 20.54%, 11.40%, 5.41%, 4.40%, 4.05% of the total binational imports and exports. These values were also up 38.79%, up 13.55%, up 50.40%, up 26.57%, up 26.12% comparing to the same period last year.

During the current year until 202205, 02, 26, 30, 39, 84 were the top five traded commodities exported to China from SPAIN, with export values of 581.7630 million, 559.1485 million, 274.7567 million, 244.7740 million, 218.5860 million. These values account for 17.26%, 16.59%, 8.15%, 7.26%, 6.48% of SPAIN's total exports and were down 71.99%, up 97.81%, up 66.88%, down 0.40%, down 0.15% comparing to the same period of last year.

During the current year until 202205, 85, 84, 29, 94, 95 were SPAIN's top five traded commodities importing from China , with import values of 4276.1129 million, 2206.7023 million, 1106.7111 million, 923.2605 million, 703.4467 million. These values account for 23.88%, 12.32%, 6.18%, 5.16%, 3.93% of SPAIN's total imports and were up 41.25%, up 15.12%, up 52.93%, up 27.31%, up 18.33% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat