Imports to Spain declined 3.3 percent from a year earlier to EUR 26.93 billion in November 2019, amid lower acquisitions of capital goods (-2.4%), mostly automatic data machines & office equipment (-17.7%); chemicals (-2.8%), namely inorganic chemicals (-14.4%); cars and motorcycles (-12.7%); energy products (-13.3 percent), led by petroleum and derivatives (-12.1%), gas (-7.1%) and durable consumer goods (-2.7 percent), such as home appliances (-5.6%). Among major trade partners, imports from the Euro Area shrank (-1 percent), as declines from Germany (-3.9%), France (-2%) and Italy (-8.5%) outpaced increases from the Netherlands (2.1%), Portugal (5.8%) and Belgium (23.5%). Purchases also fell from China (-5.8%), Turkey (-2.4%), Switzerland (-26.8%), but were higher from the UK (3.1%) and the US (10%). Imports in Spain averaged 8785142.31 EUR Thousand from 1962 until 2019, 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. source: Ministerio de Industria, Comercio y Turismo

Imports in Spain is expected to be 29900000.00 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 25500000.00 in 12 months time. In the long-term, the Spain Imports is projected to trend around 26400000.00 EUR Thousand in 2020, according to our econometric models.

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Spain Imports

Actual Previous Highest Lowest Dates Unit Frequency
26925000.00 29437972.94 30249871.83 37437.04 1962 - 2019 EUR Thousand Monthly


Spain Imports
In 2017, imports to Spain rose 10.5 percent from the previous year to an all-time high of EUR 302 billion, mainly driven by a surge in domestic demand and an increase in energy prices. Within the Autonomous Communities, the biggest importers were Catalonia (28 percent of total imports), Madrid (20 percent) Andalusia (10 percent) and Valencia (9 percent). Spain main imports were: capital goods (22 percent of total imports); chemicals (15 percent); energy products (13 percent); automotive sector (13 percent); consumer goods (12 percent); food, beverages and tobacco (12 percent); and non-chemical semi-manufactured products (7 percent). Main import partners were: Germany (13 percent of total imports); France (11 percent); China (9 percent); Italy (7 percent); the US (5 percent); the UK and Portugal (4 percent each); and Morocco and Turkey (2 percent each).

Spain Trade Last Previous Highest Lowest Unit
Balance of Trade -1863000.00 -2576573.00 634935.00 -9834766.00 EUR Thousand [+]
Current Account 2830.00 893.00 5765.00 -12201.00 EUR Million [+]
Current Account to GDP 1.90 2.70 3.20 -9.60 percent [+]
Imports 26925000.00 29437972.94 30249871.83 37437.04 EUR Thousand [+]
Exports 25061400.00 26861399.68 26861399.68 14286.06 EUR Thousand [+]
Terms of Trade 102.50 102.70 123.70 62.20 points [+]
Foreign Direct Investment -883.00 3489.00 22976.00 -10696.00 EUR Million [+]
Capital Flows 2344.00 -1375.00 14085.00 -11176.00 EUR Million [+]
Remittances 2726.00 2856.00 3409.00 857.00 EUR Million [+]
Tourist Arrivals 4664.35 7624.49 10493.44 1397.41 Thousand [+]
Gold Reserves 281.58 281.58 523.47 281.58 Tonnes [+]
Tourism Revenues 6247.00 7599.00 9407.00 833.00 EUR Million [+]
Terrorism Index 3.35 4.02 6.52 1.20 [+]
Weapons Sales 1188.00 820.00 1429.00 1.00 USD Million [+]
External Debt 2124834000.00 2100503000.00 2124834000.00 618600000.00 EUR Thousand [+]

Spain Imports by Category Last Previous
Non Energy 25801659.19 24106971.82 EUR THO Oct/19
Intermediate Goods 18082729.45 16990548.23 EUR THO Oct/19
Intermediate Goods - Non Energy Produc 14508207.91 13440521.44 EUR THO Oct/19
Intermediate Goods - Industrial 13806805.80 12809922.80 EUR THO Oct/19
Finished Industrial Products 9156068.20 8659759.00 EUR THO Oct/19
Consumer Goods 8715993.64 8157836.39 EUR THO Oct/19
Consumer Goods Excl. Energy 8654201.43 8083561.98 EUR THO Oct/19
Consumer Goods - Non Food 6578610.56 6151145.01 EUR THO Oct/19
Energy 3636313.76 3624301.21 EUR THO Oct/19
Intermediate Goods - Energy Products 3574521.54 3550026.79 EUR THO Oct/19
Consumer Goods - Non-durable 3392877.22 3245518.21 EUR THO Oct/19
Consumer Goods - Durable 3123941.13 2831352.39 EUR THO Oct/19
Capital Goods 2639249.85 2582888.40 EUR THO Oct/19
Consumer Goods - Food 2137383.08 2006691.38 EUR THO Oct/19
Capital Goods - Machinery Equipment 1775486.64 1608004.94 EUR THO Oct/19
Consumer Goods - Durable, Passenger Ca 1568029.29 1491542.07 EUR THO Oct/19
Intermediate Goods - Agriculture 701402.07 630598.66 EUR THO Oct/19
Capital Goods - Transport Equipment 433526.82 584609.33 EUR THO Oct/19
Consumer Goods - Energy 61792.21 74274.41 EUR THO Oct/19
Capital Goods - Transport Material, Ra 3472.08 2022.58 EUR THO Oct/19

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category