Trade Balance in Spain

Spain Trade Balance (EUR) | Economic News & Forecasts

Spain - Trade Balance (Euros)

Incoming data points to slightly weaker growth in the second quarter, on the heels of a strong Q1 upturn that was buoyed by a robust rebound in fixed investment. Although industrial production bounced back solidly in April, the composite PMI fell to a five-and-half-year low in May, weighed on by broadly stagnant manufacturing activity. Moreover, while retail sales remained firm in April, employment growth slowed in April and May, which, coupled with consumers turning more pessimistic over the same period, suggests that private consumption has lost some stride. In the political arena, after scoring important wins in the recent national, regional and local elections, acting Prime Minister Pedro Sánchez is set to be sworn in the investiture vote to take place next month. Falling short of a parliamentary majority, however, his Socialist Party (PSOE) is likely to rely on left-wing Unidas Podemos and smaller regional parties to govern.

Spain - Trade Balance (EUR) Data

2013  2014  2015  2016  2017  
Trade Balance (EUR billion)-16.0  -24.5  -24.2  -18.8  -24.7  

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Spain Trade Balance (EUR) Chart

Spain Trade
Note: Trade balance in EUR billion.
Source: Bank of Spain.

Spain Facts

Bond Yield0.415.62 %Jul 10
Exchange Rate1.130.65 %Jul 11
Stock Market9,280-0.74 %Jul 11

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