1. Overview the trade of SPAIN in goods current year until 202212
According to Dalian Infobank, in 202212, SPAIN's exports and imports of goods amounted to 75722.5302 million, and were up 4.10% comparing with the same period of last year. Among these, exports were up 7.81% at 35079.7356 million, and imports were up 1.10% at 40642.7946 million. And the corresponding trade deficit was 5563.0591 million and down 27.38%.
During the current year until 202212, SPAIN's total exports and imports of goods were 910692.6670 million and were up 13.88% comparing to the same period of last year. Among these, exports were 417908.5442 million and up 9.98%; imports were 492784.1228 million and up 17.41%. The total trade deficit was 74875.5786 million and up 88.46%.
If considering by country (region), FRANCE, GERMANY, ITALY, PORTUGAL, CHINA were SPAIN's top five trading partners. During the current year until 202212, SPAIN's imports and exports to five countries/territories were 113247.8307 million, 94442.4073 million, 67441.2039 million, 54477.8721 million, 52512.9673 million. These values correspond to 12.44%, 10.37%, 7.41%, 5.98%, 5.77% of SPAIN's imports and exports, and, respectively, were up 6.61%, up 2.44%, up 9.51%, up 11.09%, up 13.35% comparing to the same period of last year.
Current year until 202212, 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 202212, SPAIN's exports to these five countries/territories were 64723.7982 million, 40610.3320 million, 35473.7455 million, 34321.3304 million, 25344.1378 million. These values correspond to 15.49%, 9.72%, 8.49%, 8.21%, 6.06% of SPAIN's exports and, respectively, were up 7.73%, up 3.61%, up 13.97%, up 8.87%, up 45.99% comparing with the same period of last year.
Current year until 202212, 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 202212, SPAIN's imports from these five countries/territories were 53832.0753 million, 48524.0324 million, 44099.0875 million, 33119.8735 million, 32029.8472 million. These values correspond to 10.92%, 9.85%, 8.95%, 6.72%, 6.50% of SPAIN's total imports and, respectively, were up 1.58%, up 5.15%, up 22.29%, up 10.19%, up 82.22% comparing with the same period of last year.
During the current year until 202212, 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 16469.6189 million, 16199.7658 million, 10973.8980 million, 8834.7920 million, 5925.9640 million, and up 24.67%, up 16.27%, down 9.46%, up 250.18%, up 78.22%. And the trade deficits were mainly from CHINA, GERMANY, NETHERLANDS, UNITED STATES, NIGERIA at 35685.2078 million, 13221.7433 million, 13093.2155 million, 12162.3171 million, 9146.1425 million, and up 38.36%, down 4.17%, up 3.72%, up 21926.76%, up 46.33%.
Current year until 202212, SPAIN's trade surplus or deficit with top five countries/territories During the current year until 202212, 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 134985.0240 million, 95773.1299 million, 67307.5712 million, 61606.9249 million, 52054.3403 million, which were up 73.75%, up 1.59%, up 2.76%, up 9.64%, up 13.88% comparing with the same period of last year and account for 14.82%, 10.52%, 7.39%, 6.76%, 5.72% of SPAIN's total imports and exports.
During the current year until 202212, 87, 27, 30, 84, 85 were SPAIN's top five traded commodities, with total import and export values of 52873.5415 million, 39643.6983 million, 28151.3289 million, 27105.9071 million, 21193.9129 million. These values correspond to 12.65%, 9.49%, 6.74%, 6.49%, 5.07% of SPAIN's total exports and, respectively, were down 1.37%, up 71.99%, up 35.14%, up 3.78%, up 4.06% comparing to the same period of last year.
During the current year until 202212, 27, 87, 85, 84, 30 were SPAIN's top five traded commodities, with total import values of 95341.3257 million, 42899.5883 million, 40413.0120 million, 40201.6642 million, 23903.0115 million. These values correspond to 19.35%, 8.71%, 8.20%, 8.16%, 4.85% of SPAIN's total exports and, respectively, were up 74.49%, up 5.48%, up 12.82%, up 2.09%, down 3.93% comparing to the same period of last year.
2. Current year until 202212, SPAIN binational trade profile
According to Dalian Infobank, during the current year until 202212, SPAIN-China binational exports and imports of goods amounted to 52512.9673 million and were up 13.35% comparing with the same period of last year. Among these, exports from SPAIN to China were 8413.8798 million and down 18.07%, imports from China to SPAIN were 44099.0875 million and up 22.29%. The total binational trade deficit was 35685.2078 million and up 38.36%.
During the urrent year until 202212, 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 11626.3163 million, 5305.3178 million, 2743.2301 million, 2257.5371 million, 2013.7830 million and makes up 22.14%, 10.10%, 5.22%, 4.30%, 3.83% of the total binational imports and exports. These values were also up 34.45%, down 1.63%, up 85.99%, up 25.16%, up 16.11% comparing to the same period last year.
During the current year until 202212, 02, 26, 30, 39, 84 were the top five traded commodities exported to China from SPAIN, with export values of 1702.1514 million, 1388.6156 million, 769.9422 million, 618.9771 million, 508.7272 million. These values account for 20.23%, 16.50%, 9.15%, 7.36%, 6.05% of SPAIN's total exports and were down 47.11%, up 19.46%, up 70.57%, up 12.34%, down 6.78% comparing to the same period of last year.
During the current year until 202212, 85, 84, 87, 29, 94 were SPAIN's top five traded commodities importing from China , with import values of 11400.7207 million, 4796.5906 million, 2321.4158 million, 2156.9764 million, 1925.2654 million. These values account for 25.85%, 10.88%, 5.26%, 4.89%, 4.37% of SPAIN's total imports and were up 36.22%, down 1.05%, up 134.91%, up 26.05%, down 4.33% comparing with the same period of last year.
3.Analysis of import and
export trends
Data Source: Eurostat