Monitor Report of SPAIN trade and SPAIN-China binational trade in 202209

 1.  Overview the trade of SPAIN in goods current year until 202209

According to Dalian Infobank, in 202209SPAIN's exports and imports of goods amounted to 78370.9220 million, and were up 9.27% comparing with the same period of last year. Among these, exports were up 4.53% at 35288.4965 million, and imports were up 13.48% at 43082.4255 million. And the corresponding trade deficit was 7793.9290 million and up 85.35%.

During the current year until 202209, SPAIN's total exports and imports of goods were 682822.9867 million and were up 17.00% comparing to the same period of last year. Among these, exports were 311804.5489 million and up 10.75%; imports were 371018.4378 million and up 22.82%. The total trade deficit was 59213.8890 million and up 188.05%.

If considering by country (region), FRANCE, GERMANY, ITALY, PORTUGAL, CHINA were SPAIN's top five trading partners. During the current year until 202209, SPAIN's imports and exports to five countries/territories were 84308.9901 million, 70245.7079 million, 50115.7761 million, 40962.5096 million, 40167.4646 million. These values correspond to 12.35%, 10.29%, 7.34%, 6.00%, 5.88% of SPAIN's imports and exports, and, respectively, were up 7.78%, up 2.31%, up 8.98%, up 16.58%, up 19.93% comparing to the same period of last year.

Current year until 202209, 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 202209, SPAIN's exports to these five countries/territories were 48637.8131 million, 30245.2686 million, 26792.5691 million, 25768.4755 million, 16831.9706 million. These values correspond to 15.60%, 9.70%, 8.59%, 8.26%, 5.40% of SPAIN's exports and, respectively, were up 8.49%, up 2.86%, up 19.51%, up 7.22%, up 3.07% comparing with the same period of last year.

Current year until 202209, 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 202209, SPAIN's imports from these five countries/territories were 40000.4393 million, 35671.1770 million, 33943.7958 million, 25022.5399 million, 24347.3006 million. These values correspond to 10.78%, 9.61%, 9.15%, 6.74%, 6.56% of SPAIN's total imports and, respectively, were up 1.89%, up 6.82%, up 32.88%, up 119.41%, up 10.92% comparing with the same period of last year.

During the current year until 202209, the trade surplus of SPAIN was mainly from FRANCE, PORTUGAL, UNITED KINGDOM, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, BELGIUM at 12966.6360 million, 12622.6285 million, 8253.7051 million, 4568.3707 million, 4105.1131 million, and up 13.38%, up 30.14%, down 8.82%, up 103.57%, up 176.28%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, NETHERLANDS, NIGERIA at 27720.1270 million, 10001.3553 million, 9755.1707 million, 8992.5304 million, 7446.7608 million, and up 57.54%, down 754.77%, down 1.01%, down 0.05%, up 85.28%.

Current year until 202209, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202209,  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 103900.9527 million, 68887.9120 million, 50277.9350 million, 45441.0137 million, 36373.5347 million, which were up 94.77%, down 2.89%, up 3.51%, up 9.86%, up 9.20% comparing with the same period of last year and account for 15.22%, 10.09%, 7.36%, 6.65%, 5.33% of SPAIN's total imports and exports.

During the current year until 202209, 87, 27, 84, 30, 85 were SPAIN's top five traded commodities, with total import and export values of 38100.9714 million, 30565.6399 million, 20144.6124 million, 18362.1903 million, 15704.6391 million. These values correspond to 12.22%, 9.80%, 6.46%, 5.89%, 5.04% of SPAIN's total exports and, respectively, were down 5.55%, up 81.96%, up 2.31%, up 21.98%, up 1.41% comparing to the same period of last year.

During the current year until 202209, 27, 87, 84, 85, 30 were SPAIN's top five traded commodities, with total import values of 73335.3128 million, 30786.9407 million, 30133.3226 million, 29736.3747 million, 18011.3444 million. These values correspond to 19.77%, 8.30%, 8.12%, 8.01%, 4.85% of SPAIN's total exports and, respectively, were up 100.66%, up 0.61%, up 4.34%, up 14.92%, down 1.35% comparing to the same period of last year.


2. Current year until 202209, SPAIN binational trade profile

According to Dalian Infobank, during the current year until 202209, SPAIN-China binational exports and imports of goods amounted to 40167.4646 million and were up 19.93% comparing with the same period of last year. Among these, exports from SPAIN to China were 6223.6688 million and down 21.71%, imports from China to SPAIN were 33943.7958 million and up 32.88%. The total binational trade deficit was 27720.1270 million and up 57.54%.

During the urrent year until 202209, 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 8711.1401 million, 4302.9571 million, 1870.4849 million, 1629.1876 million, 1619.7876 million and makes up 21.69%, 10.71%, 4.66%, 4.06%, 4.03% of the total binational imports and exports. These values were also up 44.50%, up 6.68%, up 39.41%, up 10.67%, up 23.14% comparing to the same period last year.

During the current year until 202209, 02, 26, 30, 39, 84 were the top five traded commodities exported to China from SPAIN, with export values of 1137.7839 million, 1069.2828 million, 526.9425 million, 472.6731 million, 398.1718 million. These values account for 18.28%, 17.18%, 8.47%, 7.59%, 6.40% of SPAIN's total exports and were down 59.48%, up 45.46%, up 76.90%, up 5.81%, down 2.31% comparing to the same period of last year.

During the current year until 202209, 85, 84, 29, 94, 95 were SPAIN's top five traded commodities importing from China , with import values of 8545.5117 million, 3904.7853 million, 1801.2255 million, 1608.4050 million, 1348.4321 million. These values account for 25.18%, 11.50%, 5.31%, 4.74%, 3.97% of SPAIN's total imports and were up 46.95%, up 7.69%, up 41.65%, up 11.27%, down 0.48% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat