Imports to Spain jumped 20.5 percent year-on-year to EUR 28.7 billion in March of 2021, mainly due to purchases of capital goods (25.9 percent), chemical products (17.3 percent), and the auto sector (22.6 percent). Purchases from the EU went up 20.6 percent, mostly from Germany (19.3 percent) and Italy (33.8 percent), while outside the union, the largest increase was from China (74.8 percent). source: Ministerio de Industria, Comercio y Turismo
Imports in Spain averaged 9114630.36 EUR Thousand from 1962 until 2021, 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 June of 2021.
Imports in Spain is expected to be 20600000.00 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 24100000.00 in 12 months time. In the long-term, the Spain Imports is projected to trend around 25200000.00 EUR Thousand in 2022 and 28400000.00 EUR Thousand in 2023, according to our econometric models.