Spain's trade deficit widened to €5.2 billion in April 2026 from a deficit of €3.9 billion in the period last year, as imports continue to outweigh exports. Imports increased by 8.7% to €39.6 billion, due to higher purchases of energetic products (32.2%), mainly from Kazakhstan, Nigeria, the US and Libia. Increases were seen for Nigeria (167.9%) but purchases fell from the US (-1.3%). Additionally, higher imports were recorded for automotive products (10.1%), non-chemical semi-manufactured products (7.3%), equipment goods (4.3%) and raw materials (2.7%), while a fall was seen for durable consumer goods (-4%). Meanwhile, exports increased by 5.8% to €34.4 billion, with higher shipments of energetic products (26.3%), raw materials (24.8%), chemical products (11.6%) and equipment goods (10.4%). Export growth was particularly strong to Germany (16.3%), Belgium (11%), Portugal (6.4%), France (9.9%) and the UK (2.9%). source: Ministerio de Industria, Comercio y Turismo

Spain recorded a trade deficit of 5200000 EUR Thousand in April of 2026. Balance of Trade in Spain averaged -1974767.98 EUR Thousand from 1962 until 2026, reaching an all time high of 1481717.00 EUR Thousand in June of 2020 and a record low of -9834766.00 EUR Thousand in December of 2007. This page 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. Spain Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Spain recorded a trade deficit of 5200000 EUR Thousand in April of 2026. Balance of Trade in Spain is expected to be -3999000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Balance of Trade is projected to trend around -5571000.00 EUR Thousand in 2027 and -5771000.00 EUR Thousand in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-19 08:00 AM
Balance of Trade
Mar €-4.4B €-3.3B € -5.6B
2026-06-23 08:00 AM
Balance of Trade
Apr €-5.2B €-4.4B €-2.5B
2026-07-21 08:00 AM
Balance of Trade
May €-5.2B


Related Last Previous Unit Reference
Balance of Trade -5200000.00 -4371900.00 EUR Thousand Apr 2026
Capital Flows 2632.00 -2904.00 EUR Million Mar 2026
Current Account 4611.00 4044.00 EUR Million Mar 2026
Current Account to GDP 2.90 3.20 percent of GDP Dec 2025
Exports 34388100.00 35859400.00 EUR Thousand Apr 2026
Exports by Category
Exports by Country
External Debt 2758457.00 2693942.00 EUR Million Dec 2025
External Debt to GDP 163.00 162.00 percent of GDP Dec 2025
Foreign Direct Investment 1601.00 3135.00 EUR Million Mar 2026
Gold Reserves 281.58 281.58 Tonnes Mar 2026
Imports 39560400.00 40231300.00 EUR Thousand Apr 2026
Imports by Category
Imports by Country
Natural Gas Imports 0.00 103203.44 Terajoule May 2026
Remittances 4207.00 3788.00 EUR Million Dec 2025
Terms of Trade 96.00 98.30 points Apr 2026
Terrorism Index 0.79 1.26 Points Dec 2025
Tourism Revenues 7325.90 5763.00 EUR Million Mar 2026
Tourist Arrivals YoY 9054.13 6810.63 Thousand Apr 2026
Weapons Sales 639.00 921.00 SIPRI TIV Million Dec 2024


Spain Balance of Trade
Spain runs systemic trade deficits due to high imports of fuel and high added value goods. Spain’s main exporting sectors are chemicals, capital goods, food, beverages & tobacco, vehicles, and non-chemical semi-manufactures. The largest export partners are the European Union (63 percent of total exports), in particular France (15 percent) and Germany (10 percent), the rest of Europe (11 percent), in particular the United Kingdom (6 percent), the United States (5 percent), Morocco (3 percent) and China (2 percent). The largest shares by sector of Spain’s imports are those of energy products, capital goods, chemicals, food, beverages and tobacco, and consumer manufactured goods. Spain's major import partner is the EU (45 percent of total imports), in particular Germany and France (9 percent each), followed by China (11 percent), the US (7 percent), the UK (3 percent), and Turkey, Brazil and Morocco (2 percent each).
Actual Previous Highest Lowest Dates Unit Frequency
-5200000.00 -4371900.00 1481717.00 -9834766.00 1962 - 2026 EUR Thousand Monthly

News Stream
Spain Trade Deficit Widens in April
Spain's trade deficit widened to €5.2 billion in April 2026 from a deficit of €3.9 billion in the period last year, as imports continue to outweigh exports. Imports increased by 8.7% to €39.6 billion, due to higher purchases of energetic products (32.2%), mainly from Kazakhstan, Nigeria, the US and Libia. Increases were seen for Nigeria (167.9%) but purchases fell from the US (-1.3%). Additionally, higher imports were recorded for automotive products (10.1%), non-chemical semi-manufactured products (7.3%), equipment goods (4.3%) and raw materials (2.7%), while a fall was seen for durable consumer goods (-4%). Meanwhile, exports increased by 5.8% to €34.4 billion, with higher shipments of energetic products (26.3%), raw materials (24.8%), chemical products (11.6%) and equipment goods (10.4%). Export growth was particularly strong to Germany (16.3%), Belgium (11%), Portugal (6.4%), France (9.9%) and the UK (2.9%).
2026-06-23
Spain Trade Shortfall Narrows in March
Spain's trade gap shrank to €4.4 billion in March 2026 from €5.5 billion in the same month a year ago, reflecting improved export performance relative to imports. Exports advanced by 5.1% to €36 billion, boosted by shipments of raw materials (31.2%); manufactured consumer goods (8.3%); capital goods (5.2%); automotive products (5.4%) and food, beverages & tobacco (4.7%). Among key partners, exports increased to Italy (14.6%), Portugal (12.7%), Germany (10.2%), France (7.3%), the UK (8.3%), China (12.7%) and the US (3.4%). Meanwhile, imports rose 1.6% to €40.2 billion, as higher purchases of automotive products (8.4%), non-chemical semi-manufactures (6%), and consumer manufactures (5.7%) were offset by declines in raw materials (-12.2%) and chemical products (-7.4%). Imports rose mostly from Italy (9.2%), France (5.5%) and China (14.7%) but fell from Germany (-.5.8%) and the US (-16.6%). The country’s trade deficit fell to €11.7 billion in Q1 2026 from €15.1 billion a year ago.
2026-05-19
Spain Trade Gap at 9-Month Low
Spain's trade deficit fell to €3.3 billion in February 2026, the smallest in nine months, from €3.4 billion in the same month of 2025, as exports decreased less than imports. Exports fell by 0.8% yoy to €31.7 billion, amid lower shipments of energy products (-21.8%), mainly coal and electricity (-85.7%) and gas (-32.2%); chemical products (-9.2%), particularly medicines (-20.6%); and durable consumer goods (-6.2%). Among key partners, exports fell to the US (-12.7%), the Netherlands (-15.2%), Turkey (-5.1%) and China (-13.5%), but rose to Germany (9.7%), Italy (7.9%), the UK (4.6%) and Portugal (1.7%). Meanwhile, imports dropped by 1.1% to €35 billion, largely due to reduced purchases of energy products (-17.8%); chemical products (-2%); durable consumer goods (-6.6%) and manufactured consumer goods (-4%). Imports fell mainly from the US (-19.7%), China (-5.4%), Italy (-3.4%) and Portugal (-1.8%), while rising from France (10.8%), Germany (2.9%), the UK (17.1%) and Turkey (15.4%).
2026-04-21