Spain Exports

Export from Spain went up 5.5 percent year-on-year to EUR 26.69 billion in May 2019, mainly driven by higher sales of energy products (14.7 percent); equipment goods (13.4 percent); manufactured consumption goods (13.2 percent); food, beverages and tobacco (3.6 percent); chemicals (3.6 percent); and non-chemicals semi-manufactures (3.4 percent). Meanwhile, sales fell for raw materials (-0.4 percent) and for the automotive sector (-0.4 percent). Among major trading partners, sales rose to the Euro Area (5.5 percent), of which Germany (11.4 percent), France (3.8 percent), Portugal (4.3 percent), and Italy (1.8 percent). Shipments also went up to the US (13.7 percent) and China (8.6 percent). Exports in Spain averaged 6794720.53 EUR Thousand from 1962 until 2019, reaching an all time high of 26413344.61 EUR Thousand in October of 2018 and a record low of 14286.06 EUR Thousand in July of 1963.

Exports in Spain is expected to be 25100000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Spain to stand at 28400000.00 in 12 months time. In the long-term, the Spain Exports is projected to trend around 24500000.00 EUR Thousand in 2020, according to our econometric models.

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Spain Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-2110200.00	-1605253.00	634935.00	-9834766.00	EUR Thousand	[+]
Current Account	2701.00	-413.00	5059.00	-12368.00	EUR Million	[+]
Current Account to GDP	0.90	1.80	2.30	-9.60	percent	[+]
Imports	28801800.00	26369800.00	30249900.00	37437.07	EUR Thousand	[+]
Exports	26691500.00	24764584.76	26691500.00	14286.06	EUR Thousand	[+]
Terms of Trade	101.50	99.70	123.70	62.20	Index Points	[+]
Foreign Direct Investment	-2227.00	1091.00	23250.00	-9566.00	EUR Million	[+]
Capital Flows	7563.00	3933.00	17904.00	-11878.00	EUR Million	[+]
Remittances	3475.00	3333.00	3590.00	732.00	EUR Million	[+]
Tourist Arrivals	8828.50	7952.79	10493.44	1397.41	Thousand	[+]
Gold Reserves	281.60	281.60	523.47	281.58	Tonnes	[+]
Tourism Revenues	5333.00	4185.00	8015.00	890.00	EUR Million	[+]
Terrorism Index	4.02	1.70	6.52	1.20		[+]
Weapons Sales	1188.00	820.00	1429.00	1.00	USD Million	[+]
External Debt	2057984000.00	2014359000.00	2057984000.00	618600000.00	EUR Thousand	[+]
Crude Oil Production	1.00	1.00	17.00	1.00	BBL/D/1K	[+]

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Spain Exports

In 2017, Spanish exports rose 8.9 percent from the previous year to an all-time high of EUR 277 billion. Within the Autonomous Communities, the biggest exporters were Catalonia (26 percent of total exports), Andalusia, Madrid and Valencia (11 percent each) and the Basque Country (9 percent). Spain main exports were: capital goods (20 percent of total exports); food, beverages and tobacco (17 percent); automotive sector (16 percent); chemicals (14 percent); consumer goods (10 percent); non-chemical semi-manufactured products (10 percent); and energy products (7 percent). Main export partners were: France (15 percent of total exports); Germany (11 percent); Italy (8 percent); Portugal and the UK (7 percent each); the US (5 percent); Morocco (3 percent); and China and Turkey (2 percent each). This page provides the latest reported value for - Spain Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Exports - actual data, historical chart and calendar of releases - was last updated on August of 2019.