Spain Exports

Exports in Spain increased to 19325388.71 Thousand EUR in February of 2014 from 18434420 Thousand EUR in January of 2014. Exports in Spain is reported by the Agencia Tributaria. Exports in Spain averaged 5309599.43 Thousand EUR from 1962 until 2014, reaching an all time high of 21464846.04 Thousand EUR in October of 2013 and a record low of 14286.06 Thousand EUR in July of 1963. Spain exports primarily manufactured products. The export of semi-finished goods, ships, cars, pharmaceuticals and electronic devices account for over 50 percent of Spain total exports. Spain is also the world’s third largest exporter of wine and fruits and vegetables. The European Union accounts for 70 percent of Spain's exports. Main export partners are: France (18 percent of total exports), Germany (15 percent), China (9.6 percent), Italy (8.5 percent), Netherlands (5.90 percent), United Kingdom, Portugal and United States. This page provides - Spain Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
19325388.71 18434420.00 21464846.04 14286.06 20139931.96 | 2014/03 1962 - 2014 Thousand EUR Monthly


Spain Exports

Trade Last Previous Highest Lowest Forecast Unit
Current Account to GDP -1.90 2012-12-31 -3.70 1.50 -10.00 -0.91 2013-12-31 Percent [+]
Foreign Direct Investment 3324.53 2014-01-15 3028.20 23218.65 -8235.20 1770.17 2014-02-28 EUR Million [+]
Remittances 1349.00 2013-11-15 1436.00 1609.00 252.00 1300.96 2014-03-31 EUR Million [+]
Terms of Trade 101.90 2014-02-15 103.50 123.70 62.20 101.33 2014-02-28 Index Points [+]
Tourist Arrivals 6960816.00 2014-03-15 5689032.00 14291908.00 2691102.00 6991269.38 2014-03-31 [+]
Current Account -3583.66 2014-01-15 2075.03 3203.00 -12219.92 -1197.93 2014-02-28 EUR Million [+]
Balance of Trade -1622215.00 2014-02-15 -2818273.00 634935.00 -9834766.00 -2128196.27 2014-03-31 EUR Thousand [+]
Exports 19325388.71 2014-02-15 18434420.00 21464846.04 14286.06 20139931.96 2014-03-31 Thousand EUR [+]
Imports 20947600.00 2014-02-15 21252693.00 26017059.86 37437.07 20959676.24 2014-03-31 EUR Thousand [+]

Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Spanish Inflation Rate Falls Less Than Expected  
Spanish consumer prices fell by an annual 0.1 percent in March of 2014, less than a preliminary estimate of a 0.2 percent drop and compared to a flat reading in February.
Spanish Inflation Rate Falls to 4-1/2-Year Low  
Spanish consumer prices fell 0.2 percent on the year in March of 2014, according to preliminary estimates. It is the lowest rate since October of 2009.
Spanish Trade Deficit Narrows in January over a Year Earlier  
In January of 2014, Spanish trade gap decreased 19.5 percent over a year earlier to € 2.81 billion. In contrast, the trade deficit widened 54 percent over December, as imports surged, signaling a recovery in domestic demand.
Spain Inflation Rate Down to 4-Month Low  
Spanish consumer prices stayed flat year-on-year in February of 2014, compared to a rise of 0.2 percent a month earlier and a preliminary estimate of a 0.1 percent fall.
Spanish Inflation Rate in Negative Territory  
In February of 2014, Spanish annual inflation rate is expected to fall 0.1 percent, preliminary data from the National Statistics Institute showed. It is the first time since October last year prices have fallen.
Spanish Q4 GDP Growth Revised Down  
In the last three months of 2013, the Spanish economy expanded 0.2 percent over the previous period, down from a 0.3 percent growth initially estimated. Still, Q4 economic growth was slightly faster than the 0.1 percent expansion recorded in the third quarter.
Spanish Trade Deficit Narrows 48.1% in 2013  
In 2013, Spanish trade deficit narrowed to € 15.96 billion, as exports hit a new record for the third straight year and imports fell. In 2012, the trade deficit was recorded at € 32 billion.
Spanish Inflation Slowdown Confirmed in January  
In the first month of 2014, Spain’s annual inflation rate slowed to 0.2 percent, one tenth lower than the rate registered in the previous month. This is the lowest rate for the month of January since the series started in 1961.
Spanish Inflation Rate Slows in January  
In January of 2014, Spanish national CPI eased to 0.2 percent, down from 0.3 percent in the last month of 2013, remaining well below European Central Bank target.


South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.

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