Spain recorded a trade deficit of 3880000 EUR Thousand in April of 2025. This dataset provides the latest reported value for - Spain Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The statistic shows the trade balance of goods (exports minus imports of goods) in Spain from 2013 to 2023. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2023, the trade deficit of goods in Spain amounted to about ***** billion U.S. dollars.

Key information about Spain's Trade Balance

• Spain's Trade Balance recorded a deficit of 4.1 USD bn in Dec 2024, compared with a deficit of 5.9 USD bn in the previous month
• Spain's Trade Balance data is updated monthly, available from Jan 1975 to Dec 2024, with an averaged value of -2.3 USD bn
• The data reached an all-time high of 622.7 USD mn in Jun 2020 and a record low of -14.6 USD bn in Mar 2008

• In the latest reports, Spain's Total Exports reached 33.2 USD bn in Dec 2024, an increase of 1.3% YoY (year-on-year)
• Total Imports recorded 37.7 USD bn in Nov 2024, an increase of 1.3% YoY (year-on-year)

Trade (% of GDP) in Spain was reported at 70.31 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - Trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Spain (XTNTVA01ESA664S) from 1966 to 2024 about Spain, trade, Net, and goods.

Spain ES: Goods Trade: % of GDP data was reported at 51.181 % in 2017. This records an increase from the previous number of 48.588 % for 2016. Spain ES: Goods Trade: % of GDP data is updated yearly, averaging 26.966 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 51.181 % in 2017 and a record low of 11.984 % in 1960. Spain ES: Goods Trade: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Spain – Table ES.World Bank.WDI: Trade Statistics. Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.; ; World Trade Organization, and World Bank GDP estimates.; Weighted average;

Trade in services (% of GDP) in Spain was reported at 19.27 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - Trade in services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Spain Trade Balance: European Union: Germany data was reported at -778,062.392 EUR th in Sep 2018. This records a decrease from the previous number of -644,632.366 EUR th for Aug 2018. Spain Trade Balance: European Union: Germany data is updated monthly, averaging -190,188.176 EUR th from Jan 1960 (Median) to Sep 2018, with 705 observations. The data reached an all-time high of 9,339.374 EUR th in Dec 1979 and a record low of -2,212,152.120 EUR th in Dec 2007. Spain Trade Balance: European Union: Germany data remains active status in CEIC and is reported by Ministry of Economy and Competitiveness. The data is categorized under Global Database’s Spain – Table ES.JA002: Trade Balance: by Country.

Spain ES: Export Volume Index data was reported at 166.332 2000=100 in 2016. This records an increase from the previous number of 160.804 2000=100 for 2015. Spain ES: Export Volume Index data is updated yearly, averaging 125.628 2000=100 from Dec 2000 (Median) to 2016, with 17 observations. The data reached an all-time high of 166.332 2000=100 in 2016 and a record low of 100.000 2000=100 in 2000. Spain ES: Export Volume Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Spain – Table ES.World Bank.WDI: Trade Index. Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD’s estimates using the previous year’s trade values at the Standard International Trade Classification three-digit level as weights. To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD’s Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates and calculates unit value indexes at the country level using the current year’s trade values as weights. For economies for which UNCTAD does not publish data, the export volume indexes (lines 72) in the IMF's International Financial Statistics are used.; ; United Nations Conference on Trade and Development, Handbook of Statistics and data files, and International Monetary Fund, International Financial Statistics.; ;

Spain - Trade unit value indices: Terms of trade (Export/import) was 97.70% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Trade unit value indices: Terms of trade (Export/import) - last updated from the EUROSTAT on July of 2025. Historically, Spain - Trade unit value indices: Terms of trade (Export/import) reached a record high of 105.70% in December of 2016 and a record low of 96.50% in December of 2022.

Spain - Intra-EU trade: Exports was EUR244649.10 Million in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Spain - Intra-EU trade: Exports - last updated from the EUROSTAT on July of 2025. Historically, Spain - Intra-EU trade: Exports reached a record high of EUR250075.50 Million in December of 2022 and a record low of EUR119935.80 Million in December of 2010.

Merchandise trade (% of GDP) in Spain was reported at 55.15 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Spain - Merchandise trade (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Spain Trade Balance: Services: Jersey data was reported at 3.000 EUR mn in 2023. This records a decrease from the previous number of 8.000 EUR mn for 2022. Spain Trade Balance: Services: Jersey data is updated yearly, averaging 7.500 EUR mn from Dec 2013 (Median) to 2023, with 8 observations. The data reached an all-time high of 15.000 EUR mn in 2020 and a record low of 3.000 EUR mn in 2023. Spain Trade Balance: Services: Jersey data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Spain – Table ES.OECD.TISP: Trade in Services: Trade Balance: by Country: OECD Member: Annual.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Spain (ESPXTIMVA01CXMLQ) from Q1 1957 to Q1 2025 about Spain, imports, and trade.

Spain has a positive trade balance in the vegetable sector. Since the beginning of the analyzed period, the value of exports has been higher than that of imports. Moreover, both exports and exports have grown during this period, with exports standing at a value over eight billion U.S. dollars in 2022, and imports remaining below 1.8 billion U.S. dollars.

Spain ES: Exports: Lead Time: Median Case data was reported at 3.000 Day in 2016. This stayed constant from the previous number of 3.000 Day for 2014. Spain ES: Exports: Lead Time: Median Case data is updated yearly, averaging 3.000 Day from Dec 2007 (Median) to 2016, with 5 observations. The data reached an all-time high of 4.000 Day in 2010 and a record low of 1.000 Day in 2012. Spain ES: Exports: Lead Time: Median Case data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Spain – Table ES.World Bank.WDI: Trade Statistics. Lead time to export is the median time (the value for 50 percent of shipments) from shipment point to port of loading. Data are from the Logistics Performance Index survey. Respondents provided separate values for the best case (10 percent of shipments) and the median case (50 percent of shipments). The data are exponentiated averages of the logarithm of single value responses and of midpoint values of range responses for the median case.; ; World Bank and Turku School of Economics, Logistic Performance Index Surveys. Data are available online at : http://www.worldbank.org/lpi. Summary results are published in Arvis and others' Connecting to Compete: Trade Logistics in the Global Economy, The Logistics Performance Index and Its Indicators report.; Unweighted average;

United States Imports from Spain was US$22.09 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Spain - data, historical chart and statistics - was last updated on July of 2025.

Spain Trade Balance: USD: All Services: Transport: Other Modes Of Transport: Passenger data was reported at 112.500 USD mn in 2023. This records an increase from the previous number of 109.500 USD mn for 2022. Spain Trade Balance: USD: All Services: Transport: Other Modes Of Transport: Passenger data is updated yearly, averaging 69.700 USD mn from Dec 2015 (Median) to 2023, with 7 observations. The data reached an all-time high of 112.500 USD mn in 2023 and a record low of 10.600 USD mn in 2018. Spain Trade Balance: USD: All Services: Transport: Other Modes Of Transport: Passenger data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Spain – Table ES.OECD.TISP: Trade in Services: Trade Balance: USD: by Services: OECD Member: Annual.

France was a net importer of electricity from Spain in 2022 and 2023. In 2023, France exported approximately ***** terawatt-hours of electricity to Spain. That year, imports amounted to nearly **** terawatt-hours, a decrease compared to the previous year.

In 2024, liquefied natural gas (LNG) imports in Spain surpassed *** terawatt-hours. That year, Bilbao was the main entry point for LNG imports in the country, accounting for more than ** percent of the total import volume. Meanwhile, Huelvawas the leading exit point for Spain's LNG exports in 2024, at about *** terawatt-hours.