Imports to Spain plunged 10.8 percent year-on-year to EUR 24.74 billion in September 2020, due to lower purchases of energy products (-47.8 percent), non-chemical semi-manufactured goods (-15.5 percent), vehicles (-11.1 percent), food, beverages & tobacco (-9.2 percent), and equipment goods (-7.6 percent). Among key trade partners, imports dropped from the Euro Area (-7.1 percent), the UK (-29.8 percent) and the US (-13.8 percent). source: Ministerio de Industria, Comercio y Turismo
Imports in Spain averaged 8978497.17 EUR Thousand from 1962 until 2020, reaching an all time high of 30249871.83 EUR Thousand in October of 2018 and a record low of 37437.04 EUR Thousand in January of 1962. This page provides the latest reported value for - Spain Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Imports - values, historical data and charts - was last updated on November of 2020.
Imports in Spain is expected to be 22300000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Spain to stand at 25900000.00 in 12 months time. In the long-term, the Spain Imports is projected to trend around 25200000.00 EUR Thousand in 2021 and 28400000.00 EUR Thousand in 2022, according to our econometric models.