Discover Spain's Top Exported & Imported Commodities: Top Spain Exports and Imports You Need To Know

Top Spain exports
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In 2021, the Kingdom of Spain sent goods worth 384.5 billion dollars around the world. This represents a 23.4 percent increase from 2017 to 2021. Cars, processed petroleum oils, medicine mixtures in dosage, vehicle components or accessories, and blood fractions are Spain’s top five exports. Given Spain’s population of 47.2 million people, the country’s total exports of 384.5 billion dollars in 2021 equate to nearly 8,200 dollars for each citizen. That is less than the 6,600 dollars per capita average for 2021. Another 6.5 percent of Spain’s exports went to North America.

Mineral fuels, including oil, were the fastest-growing export category among the top ten. Iron and steel came in second with a 69.6 percent increase in export sales. Spain’s pharmaceutical shipments grew at the third-fastest rate, gaining 47.5 percent year over year. During the year 2021, Spain ran a trade deficit of minus 18 billion dollars. This year’s negative trade balance is down 53 percent from the minus 38.3 billion deficit of the previous year. Product categories where foreign spending on items produced in Spain lags behind spending on foreign products by Spanish importers.

Source: https://bigmanbusiness.com/779/spain-top-exports/

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