Monitor Report of SPAIN trade and SPAIN-China binational trade in 202206

 1.  Overview the trade of SPAIN in goods current year until 202206

According to Dalian Infobank, in 202206SPAIN's exports and imports of goods amounted to 83581.3621 million, and were up 17.84% comparing with the same period of last year. Among these, exports were up 12.82% at 38452.2113 million, and imports were up 22.49% at 45129.1508 million. And the corresponding trade deficit was 6676.9395 million and up 141.95%.

During the current year until 202206, SPAIN's total exports and imports of goods were 464019.5037 million and were up 19.50% comparing to the same period of last year. Among these, exports were 213687.7655 million and up 12.66%; imports were 250331.7382 million and up 26.03%. The total trade deficit was 36643.9728 million and up 309.40%.

If considering by country (region), FRANCE, GERMANY, ITALY, UNITED STATES, PORTUGAL were SPAIN's top five trading partners. During the current year until 202206, SPAIN's imports and exports to five countries/territories were 58144.9254 million, 48552.9052 million, 34343.4656 million, 27907.0840 million, 27570.1081 million. These values correspond to 12.53%, 10.46%, 7.40%, 6.01%, 5.94% of SPAIN's imports and exports, and, respectively, were up 9.44%, up 1.75%, up 11.05%, up 76.09%, up 18.55% comparing to the same period of last year.

Current year until 202206, SPAIN and the top five trade partners FRANCE, GERMANY, PORTUGAL, ITALY, UNITED KINGDOM are the top five countries/territories that SPAIN exports to in terms of the total export amount. During the current year until 202206, SPAIN's exports to these five countries/territories were 33281.8886 million, 21130.2469 million, 18131.6225 million, 17642.5226 million, 11755.6190 million. These values correspond to 15.58%, 9.89%, 8.49%, 8.26%, 5.50% of SPAIN's exports and, respectively, were up 8.44%, up 1.69%, up 23.53%, up 9.01%, up 4.55% comparing with the same period of last year.

Current year until 202206, 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 202206, SPAIN's imports from these five countries/territories were 27422.6583 million, 24863.0367 million, 21962.5234 million, 17711.4276 million, 16700.9429 million. These values correspond to 10.95%, 9.93%, 8.77%, 7.08%, 6.67% of SPAIN's total imports and, respectively, were up 1.79%, up 10.81%, up 38.78%, up 141.82%, up 13.29% comparing with the same period of last year.

During the current year until 202206, 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 8693.1369 million, 8418.8519 million, 5752.1752 million, 3093.2005 million, 2900.2349 million, and up 42.49%, up 1.98%, down 12.59%, up 852.42%, up 119.47%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, NETHERLANDS, NIGERIA at 17846.2917 million, 7515.7712 million, 6292.4115 million, 6119.1026 million, 5160.6005 million, and up 74.67%, down 726.75%, up 2.12%, up 1.39%, up 126.11%.

Current year until 202206, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202206,  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 67126.4555 million, 47977.6804 million, 34210.6197 million, 29874.5804 million, 25785.9289 million, which were up 111.63%, down 6.37%, up 2.77%, up 6.66%, up 21.80% comparing with the same period of last year and account for 14.47%, 10.34%, 7.37%, 6.44%, 5.56% of SPAIN's total imports and exports.

During the current year until 202206, 87, 27, 84, 30, 85 were SPAIN's top five traded commodities, with total import and export values of 26728.3405 million, 19370.3838 million, 13794.7333 million, 13287.0987 million, 10099.8287 million. These values correspond to 12.51%, 9.06%, 6.46%, 6.22%, 4.73% of SPAIN's total exports and, respectively, were down 8.49%, up 99.05%, up 2.10%, up 42.22%, down 4.66% comparing to the same period of last year.

During the current year until 202206, 27, 87, 84, 85, 30 were SPAIN's top five traded commodities, with total import values of 47756.0717 million, 21249.3399 million, 20415.8864 million, 19774.7517 million, 12498.8302 million. These values correspond to 19.08%, 8.49%, 8.16%, 7.90%, 4.99% of SPAIN's total exports and, respectively, were up 117.20%, down 3.56%, up 3.24%, up 13.53%, up 5.67% comparing to the same period of last year.


2. Current year until 202206, SPAIN binational trade profile

According to Dalian Infobank, during the current year until 202206, SPAIN-China binational exports and imports of goods amounted to 26078.7550 million and were up 21.68% comparing with the same period of last year. Among these, exports from SPAIN to China were 4116.2317 million and down 26.60%, imports from China to SPAIN were 21962.5234 million and up 38.78%. The total binational trade deficit was 17846.2917 million and up 74.67%.

During the urrent year until 202206, 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 5505.1764 million, 2983.9562 million, 1349.3051 million, 1124.6056 million, 1054.2248 million and makes up 21.11%, 11.44%, 5.17%, 4.31%, 4.04% of the total binational imports and exports. These values were also up 44.39%, up 14.60%, up 48.67%, up 24.99%, up 26.82% comparing to the same period last year.

During the current year until 202206, 02, 26, 30, 39, 84 were the top five traded commodities exported to China from SPAIN, with export values of 706.1637 million, 660.6932 million, 360.0232 million, 295.6318 million, 284.5557 million. These values account for 17.16%, 16.05%, 8.75%, 7.18%, 6.91% of SPAIN's total exports and were down 69.21%, up 50.66%, up 83.94%, up 0.04%, up 1.25% comparing to the same period of last year.

During the current year until 202206, 85, 84, 29, 94, 95 were SPAIN's top five traded commodities importing from China , with import values of 5396.2611 million, 2699.4005 million, 1295.0531 million, 1109.3378 million, 860.5436 million. These values account for 24.57%, 12.29%, 5.90%, 5.05%, 3.92% of SPAIN's total imports and were up 47.29%, up 16.22%, up 50.84%, up 25.80%, up 15.78% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat