Imports to Spain tumbled 39.6 percent from a year earlier to EUR 17.39 billion in May 2020, the largest decline on record, due to purchases of energy products (-70.3 percent), autos (-68.9 percent), capital goods (-37.0 percent), consumer manufactured goods (-30.5 percent) and non-chemical semi-manufactures (-38.1 percent). Among key trade partners, imports dropped from the Euro Area (-40.3 percent), in particular from Germany (-42.4 percent), France (-47.3 percent), Italy (-38.6 percent) and Portugal (-40.1 percent). Imports were also down from the UK (-42.9 percent), the US (-36.5 percent), but were up from China (8.8 percent).

Imports in Spain averaged 8902782.43 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 August of 2020. source: Ministerio de Industria, Comercio y Turismo

Imports in Spain is expected to be 17500000.00 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 208400.00 in 12 months time. In the long-term, the Spain Imports is projected to trend around 23200000.00 EUR Thousand in 2021 and 26400000.00 EUR Thousand in 2022, according to our econometric models.

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Spain Imports

Actual Previous Highest Lowest Dates Unit Frequency
17390400.00 16561344.17 30249871.83 37437.04 1962 - 2020 EUR Thousand Monthly

Spain Trade Last Previous Highest Lowest Unit
Balance of Trade 124400.00 -1518571.00 634935.00 -9834766.00 EUR Thousand [+]
Current Account 750.00 -1530.00 5765.00 -12201.00 EUR Million [+]
Current Account to GDP 2.00 1.90 3.20 -9.60 percent [+]
Imports 17390400.00 16561344.17 30249871.83 37437.04 EUR Thousand [+]
Exports 17514800.00 15042773.10 26861399.68 14286.06 EUR Thousand [+]
Terms of Trade 108.40 107.40 123.70 62.20 points [+]
Foreign Direct Investment -28.00 4346.00 22976.00 -10696.00 EUR Million [+]
Capital Flows -3432.00 -3773.00 14085.00 -11176.00 EUR Million [+]
Remittances 2993.00 3225.00 3279.00 857.00 EUR Million [+]
Tourist Arrivals 204.93 0.00 10493.44 0.00 Thousand [+]
Gold Reserves 281.60 281.58 523.47 281.58 Tonnes [+]
Tourism Revenues 1681.00 3626.00 9407.00 833.00 EUR Million [+]
Terrorism Index 3.35 4.02 6.52 1.20 [+]
External Debt 2147127000.00 2107770000.00 2147127000.00 618600000.00 EUR Thousand [+]
Weapons Sales 1188.00 820.00 1429.00 1.00 USD Million [+]


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 Imports by Category Last Previous
Non Energy 16134021.76 15011728.95 EUR THO May/20
Intermediate Goods 11403149.83 11168739.65 EUR THO May/20
Intermediate Goods - Non Energy Produc 10160170.56 9642822.44 EUR THO May/20
Intermediate Goods - Industrial 9707078.80 9050578.60 EUR THO May/20
Finished Industrial Products 4421868.71 3787846.71 EUR THO May/20
Consumer Goods 4280577.58 3945428.51 EUR THO May/20
Consumer Goods Excl. Energy 4267177.75 3921730.50 EUR THO May/20
Consumer Goods - Non Food 2728595.08 2364368.71 EUR THO May/20
Capital Goods 1706673.45 1447176.01 EUR THO May/20
Consumer Goods - Food 1551982.50 1581059.80 EUR THO May/20
Consumer Goods - Non-durable 1492803.80 1466879.13 EUR THO May/20
Energy 1256379.10 1549615.22 EUR THO May/20
Capital Goods - Machinery Equipment 1247513.78 1035599.97 EUR THO May/20
Intermediate Goods - Energy Products 1242979.28 1525917.21 EUR THO May/20
Consumer Goods - Durable 1222391.45 873791.58 EUR THO May/20
Intermediate Goods - Agriculture 453091.73 592243.80 EUR THO May/20
Consumer Goods - Durable, Passenger Ca 396582.78 251293.35 EUR THO May/20
Capital Goods - Transport Equipment 143219.56 109441.67 EUR THO May/20
Consumer Goods - Energy 13399.82 23698.01 EUR THO May/20
Capital Goods - Transport Material, Ra 2976.92 2725.62 EUR THO Apr/20

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