Espagne Balance Commerciale

Spain's trade gap widened to EUR 4.12 billion in December 2024 from EUR 3.44 billion in the same month last year, as imports rose faster than exports. Imports rose by 4.7% year-on-year to EUR 33.86 billion, as higher purchases of equipment goods (4.2%), chemical goods (11.9%), food, beverages & tobacco (8.4%) and manufactured consumer goods (9.4%) more than offset lower imports of energy products (-9.1%). Meanwhile, exports increased by 2.7% to EUR 29.74 billion, primarily due to shipments of equipment goods (5.3%), food, beverages & tobacco (3.1%) and chemical products (22.8%). For 2024, the trade deficit narrowed to EUR 40.3 billion from EUR 40.6 billion, with exports increasing 0.2% and imports up 0.1%