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Monitor Report of SPAIN trade and SPAIN-China binational trade in 202211

 1.  Overview the trade of SPAIN in goods current year until 202211

According to Dalian Infobank, in 202211, SPAIN's exports and imports of goods amounted to 79788.5162 million, and were up 7.12% comparing with the same period of last year. Among these, exports were up 11.10% at 38510.6343 million, and imports were up 3.67% at 41277.8820 million. And the corresponding trade deficit was 2767.2477 million and down 46.30%.

During the current year until 202211, SPAIN's total exports and imports of goods were 834882.0071 million and were up 14.59% comparing to the same period of last year. Among these, exports were 382921.1935 million and up 9.52%; imports were 451960.8136 million and up 19.27%. The total trade deficit was 69039.6202 million and up 135.48%.

If considering by country (region), FRANCE, GERMANY, ITALY, PORTUGAL, CHINA were SPAIN's top five trading partners. During the current year until 202211, SPAIN's imports and exports to five countries/territories were 103533.0962 million, 86410.0038 million, 61570.0243 million, 49807.1363 million, 48293.0955 million. These values correspond to 12.40%, 10.35%, 7.37%, 5.97%, 5.78% of SPAIN's imports and exports, and, respectively, were up 6.63%, up 2.58%, up 8.12%, up 13.17%, up 15.55% comparing to the same period of last year.

Current year until 202211, 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 202211, SPAIN's exports to these five countries/territories were 59249.3704 million, 37202.0125 million, 32601.2524 million, 31523.1752 million, 22966.8484 million. These values correspond to 15.47%, 9.72%, 8.51%, 8.23%, 6.00% of SPAIN's exports and, respectively, were up 6.94%, up 2.59%, up 15.44%, up 5.87%, up 48.20% comparing with the same period of last year.

Current year until 202211, SPAIN's exports to top five countries/territories GERMANY, FRANCE, CHINA, ITALY, UNITED STATES are the top five countries/territories that SPAIN imports from in terms of the total export amount. During the current year until 202211, SPAIN's imports from these five countries/territories were 49207.9913 million, 44283.7258 million, 40611.1078 million, 30046.8491 million, 29783.2197 million. These values correspond to 10.89%, 9.80%, 8.99%, 6.65%, 6.59% of SPAIN's total imports and, respectively, were up 2.57%, up 6.23%, up 26.07%, up 10.58%, up 92.02% comparing with the same period of last year.

During the current year until 202211, 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 15395.3686 million, 14965.6445 million, 10146.9618 million, 7827.9178 million, 5520.1138 million, and up 23.45%, up 9.10%, down 9.51%, up 302.34%, up 87.25%. And the trade deficits were mainly from CHINA, GERMANY, NETHERLANDS, UNITED STATES, NIGERIA at 32929.1202 million, 12005.9788 million, 11601.8293 million, 11444.4760 million, 8642.3405 million, and up 45.49%, up 2.49%, up 2.92%, down 2739.89%, up 60.24%.

Current year until 202211, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 124479.5549 million, 86683.4069 million, 61312.0836 million, 56226.1626 million, 47822.4638 million, which were up 75.76%, down 0.47%, up 3.53%, up 10.28%, up 15.95% comparing with the same period of last year and account for 14.91%, 10.38%, 7.34%, 6.73%, 5.73% of SPAIN's total imports and exports.

During the current year until 202211, 87, 27, 30, 84, 85 were SPAIN's top five traded commodities, with total import and export values of 47957.7549 million, 36731.9155 million, 25591.1148 million, 24695.1146 million, 19413.4403 million. These values correspond to 12.52%, 9.59%, 6.68%, 6.45%, 5.07% of SPAIN's total exports and, respectively, were down 3.47%, up 66.15%, up 37.87%, up 2.98%, up 3.49% comparing to the same period of last year.

During the current year until 202211, 27, 87, 85, 84, 30 were SPAIN's top five traded commodities, with total import values of 87747.6394 million, 38725.6521 million, 36812.7223 million, 36616.9691 million, 22231.3490 million. These values correspond to 19.41%, 8.57%, 8.15%, 8.10%, 4.92% of SPAIN's total exports and, respectively, were up 80.12%, up 3.52%, up 14.23%, up 3.90%, down 1.98% comparing to the same period of last year.


2. Current year until 202211, SPAIN binational trade profile

According to Dalian Infobank, during the current year until 202211, SPAIN-China binational exports and imports of goods amounted to 48293.0955 million and were up 15.55% comparing with the same period of last year. Among these, exports from SPAIN to China were 7681.9877 million and down 19.81%, imports from China to SPAIN were 40611.1078 million and up 26.07%. The total binational trade deficit was 32929.1202 million and up 45.49%.

During the urrent year until 202211, commodities with hs2 code, 85, 84, 87, 29, 39, were binational trade's top five traded commodities. They correspond to import and export values of 10623.8102 million, 4953.8173 million, 2295.3303 million, 2134.2643 million, 1853.6492 million and makes up 22.00%, 10.26%, 4.75%, 4.42%, 3.84% of the total binational imports and exports. These values were also up 38.04%, up 1.55%, up 71.68%, up 31.66%, up 17.90% comparing to the same period last year.

During the current year until 202211, 02, 26, 30, 39, 84 were the top five traded commodities exported to China from SPAIN, with export values of 1532.4493 million, 1297.3664 million, 644.6994 million, 556.5583 million, 471.7869 million. These values account for 19.95%, 16.89%, 8.39%, 7.24%, 6.14% of SPAIN's total exports and were down 50.23%, up 25.04%, up 58.15%, up 7.45%, down 4.91% comparing to the same period of last year.

During the current year until 202211, 85, 84, 29, 87, 94 were SPAIN's top five traded commodities importing from China , with import values of 10417.0699 million, 4482.0304 million, 2045.1191 million, 1888.9624 million, 1809.3019 million. These values account for 25.65%, 11.04%, 5.04%, 4.65%, 4.46% of SPAIN's total imports and were up 40.00%, up 2.29%, up 33.19%, up 113.22%, up 1.69% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat