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Monitor Report of SPAIN trade and SPAIN-China binational trade in 202210

 1.  Overview the trade of SPAIN in goods current year until 202210

According to Dalian Infobank, in 202210, SPAIN's exports and imports of goods amounted to 71122.1919 million, and were up 0.95% comparing with the same period of last year. Among these, exports were down 2.46% at 32599.4691 million, and imports were up 4.03% at 38522.7228 million. And the corresponding trade deficit was 5923.2538 million and up 64.17%.

During the current year until 202210, SPAIN's total exports and imports of goods were 754193.9054 million and were up 15.31% comparing to the same period of last year. Among these, exports were 344355.2945 million and up 9.33%; imports were 409838.6109 million and up 20.85%. The total trade deficit was 65483.3165 million and up 170.99%.

If considering by country (region), FRANCE, GERMANY, ITALY, PORTUGAL, CHINA were SPAIN's top five trading partners. During the current year until 202210, SPAIN's imports and exports to five countries/territories were 93315.6829 million, 77667.4175 million, 55381.8488 million, 45143.5608 million, 44166.4399 million. These values correspond to 12.37%, 10.30%, 7.34%, 5.99%, 5.86% of SPAIN's imports and exports, and, respectively, were up 6.45%, up 2.33%, up 7.59%, up 14.29%, up 19.11% comparing to the same period of last year.

Current year until 202210, 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 202210, SPAIN's exports to these five countries/territories were 53713.5986 million, 33349.3555 million, 29560.8059 million, 28476.1997 million, 18734.4832 million. These values correspond to 15.60%, 9.68%, 8.58%, 8.27%, 5.44% of SPAIN's exports and, respectively, were up 6.99%, up 2.40%, up 16.65%, up 5.58%, up 2.05% comparing with the same period of last year.

Current year until 202210, 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 202210, SPAIN's imports from these five countries/territories were 44318.0621 million, 39602.0843 million, 37277.1203 million, 27207.9532 million, 26905.6491 million. These values correspond to 10.81%, 9.66%, 9.10%, 6.64%, 6.56% of SPAIN's total imports and, respectively, were up 2.28%, up 5.74%, up 31.14%, up 101.06%, up 9.80% comparing with the same period of last year.

During the current year until 202210, 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 14111.5143 million, 13978.0509 million, 9175.5623 million, 5033.0627 million, 4814.9103 million, and up 10.63%, up 25.01%, down 9.29%, up 94.11%, up 202.13%. And the trade deficits were mainly from CHINA, GERMANY, UNITED STATES, NETHERLANDS, NIGERIA at 30387.8008 million, 10968.7066 million, 10567.6062 million, 10151.3771 million, 8126.2615 million, and up 53.73%, up 1.92%, down 1276.60%, up 1.40%, up 69.66%.

Current year until 202210, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202210,  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 113540.8646 million, 77100.2275 million, 55403.7581 million, 50624.0009 million, 40625.3074 million, which were up 83.33%, down 2.14%, up 3.09%, up 10.41%, up 10.05% comparing with the same period of last year and account for 15.05%, 10.22%, 7.35%, 6.71%, 5.39% of SPAIN's total imports and exports.

During the current year until 202210, 87, 27, 84, 30, 85 were SPAIN's top five traded commodities, with total import and export values of 42597.6670 million, 33476.6163 million, 22239.3008 million, 20597.9192 million, 17430.5028 million. These values correspond to 12.37%, 9.72%, 6.46%, 5.98%, 5.06% of SPAIN's total exports and, respectively, were down 5.25%, up 72.67%, up 2.04%, up 23.95%, up 2.18% comparing to the same period of last year.

During the current year until 202210, 27, 87, 85, 84, 30 were SPAIN's top five traded commodities, with total import values of 80064.2483 million, 34502.5605 million, 33193.4981 million, 33164.4573 million, 20027.3882 million. These values correspond to 19.54%, 8.42%, 8.10%, 8.09%, 4.89% of SPAIN's total exports and, respectively, were up 88.18%, up 1.99%, up 15.28%, up 3.81%, down 1.33% comparing to the same period of last year.


2. Current year until 202210, SPAIN binational trade profile

According to Dalian Infobank, during the current year until 202210, SPAIN-China binational exports and imports of goods amounted to 44166.4399 million and were up 19.11% comparing with the same period of last year. Among these, exports from SPAIN to China were 6889.3195 million and down 20.42%, imports from China to SPAIN were 37277.1203 million and up 31.14%. The total binational trade deficit was 30387.8008 million and up 53.73%.

During the urrent year until 202210, commodities with hs2 code, 85, 84, 29, 87, 39, were binational trade's top five traded commodities. They correspond to import and export values of 9668.5150 million, 4620.5746 million, 1998.1752 million, 1868.5201 million, 1748.6813 million and makes up 21.89%, 10.46%, 4.52%, 4.23%, 3.96% of the total binational imports and exports. These values were also up 42.99%, up 5.09%, up 37.61%, up 56.57%, up 21.39% comparing to the same period last year.

During the current year until 202210, 02, 26, 30, 39, 84 were the top five traded commodities exported to China from SPAIN, with export values of 1311.5455 million, 1166.5353 million, 546.0180 million, 524.2077 million, 429.2180 million. These values account for 19.04%, 16.93%, 7.93%, 7.61%, 6.23% of SPAIN's total exports and were down 55.30%, up 37.99%, up 60.91%, up 7.05%, down 2.79% comparing to the same period of last year.

During the current year until 202210, 85, 84, 29, 94, 87 were SPAIN's top five traded commodities importing from China , with import values of 9485.4213 million, 4191.3566 million, 1920.6473 million, 1710.5990 million, 1492.7739 million. These values account for 25.45%, 11.24%, 5.15%, 4.59%, 4.00% of SPAIN's total imports and were up 45.34%, up 5.97%, up 39.98%, up 7.78%, up 91.36% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat