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Spain Merchandise Imports

Spain Merchandise Imports

Merchandise Imports in Spain

Merchandise imports were worth EUR 457 billion in 2022, compared to EUR 250 billion ten years earlier and EUR 343 billion in 2021. Imports averaged EUR 308 billion over the last decade. For more imports information, visit our dedicated page.

Spain Merchandise Imports Chart

Note: This chart displays Merchandise Imports (EUR bn) for Spain from 2014 to 2023.
Source: Ministry of the Economy and Fin., Spain.

Spain Merchandise Imports Data

2018 2019 2020 2021 2022
Merchandise Imports (EUR bn) 319 322 275 343 457

Current account posts smaller surplus in April

The current account recorded a EUR 2.8 billion surplus in April, deteriorating from the EUR 4.0 billion surplus recorded in March (April 2023: EUR 1.7 billion surplus). Meanwhile, the 12-month trailing current account surplus deteriorated, coming in at EUR 40.3 billion in April (March: EUR 39.2 billion surplus). Merchandise exports shot up 15.8% year-on-year in April (March: -19.2% year-on-year). April’s figure marked the strongest print since March 2023. Meanwhile, merchandise imports climbed 14.6% over the same month last year in April (March: -14.4% yoy), marking the strongest result since November 2022.

Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Spanish merchandise imports projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise imports forecast available for Spanish merchandise imports.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Spanish merchandise imports projections.

Want to get access to the full dataset of Spanish merchandise imports forecasts? Send an email to info@focus-economics.com.

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