Indicators · last twelve months, to September 2026

Spain’s foreign trade in 2026

How much does Spain export and import, what is the trade balance and where do its exports go?

Latest data · Updated on · Source · DataComex (Ministerio de Economía, Comercio y Empresa)

Exports (12 months)

€335,340 million

−13.1% vs the previous twelve months

Imports (12 months)

€389,293 million

−11.6% vs the previous twelve months

Trade balance

−€53,953 million

Coverage ratio

86.1%

Exports as a share of imports

What the data say · last twelve months, to September 2026

Spain exported €335,340 million in the last twelve months (October 2025 – September 2026), 13.1% less than in the previous twelve months, and imported €389,293 million (down 11.6%). The trade balance shows a deficit of €53,953 million, with a coverage ratio of 86.1%.

France ranks first among countries with €48,713 million in the last twelve months (October 2025 – September 2026) (12% less than a year earlier). It is followed by Germany (€35,058 million) and Portugal (€30,278 million). Together, the three account for 34% of the total.

The steepest falls were recorded by Belgium (−25.7%), the Netherlands (−24.7%) and Mexico (−15.8%).

The rest of the top ten are Italy (4th, €28,872 million, −9.3%), the United Kingdom (5th, €21,706 million, −13.3%), the United States (6th, €14,595 million, −15.0%), Morocco (7th, €10,762 million, −12.6%), the Netherlands (8th, €10,754 million, −24.7%), Belgium (9th, €9,376 million, −25.7%) and Poland (10th, €9,209 million, −9.3%).

At the bottom of the table are Ship supplies and fuel (intra-EU) (€5,118 million), Ship supplies (non-EU) (€5,105 million) and Mexico (€4,764 million), out of a total of 15 countries with data.

The distribution is fairly spread out: the top five account for 49.1% of the total and 15 countries are enough to reach 80%, while the other 5 countries further down share the remaining 8.9%. 0 of the 15 countries with a comparison grew year on year and 15 fell.

The highest point in the series was October 2025, at €36,433M, and the lowest August 2025, at €24,351M.

Top 10 · Main export destinations

Main export destinationsFrance€48,713M−12.0%Germany€35,058M−10.4%Portugal€30,278M−9.7%Italy€28,872M−9.3%United Kingdom€21,706M−13.3%United States€14,595M−15.0%Morocco€10,762M−12.6%Netherlands€10,754M−24.7%Belgium€9,376M−25.7%Poland€9,209M−9.3%

Exports and imports by month

Exports and imports by month€22,085M€27,749M€33,414M€39,078M€44,742MOct 24Dec 24Feb 25Apr 25Jun 25Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Jul 26Jul 26: €35,454M
ExportsImports

Full table · 15 countries

Main export destinations
#CountriesExports, 12 monthsYoY changeShare
1France€48,713M−12.0%14.5%
2Germany€35,058M−10.4%10.5%
3Portugal€30,278M−9.7%9.0%
4Italy€28,872M−9.3%8.6%
5United Kingdom€21,706M−13.3%6.5%
6United States€14,595M−15.0%4.4%
7Morocco€10,762M−12.6%3.2%
8Netherlands€10,754M−24.7%3.2%
9Belgium€9,376M−25.7%2.8%
10Poland€9,209M−9.3%2.7%
11Türkiye€8,148M−13.1%2.4%
12China€6,683M−15.7%2.0%
13Ship supplies and fuel (intra-EU)€5,118M−1.5%1.5%
14Ship supplies (non-EU)€5,105M−1.2%1.5%
15Mexico€4,764M−15.8%1.4%

What this indicator measures

Exports and imports of goods in euros, based on the customs declarations compiled by DataComex (Ministry of Economy, Trade and Business). Services and tourism are not included. The balance is the difference between what Spain sells and what it buys; the coverage ratio is the percentage of imports paid for by exports. The latest months are provisional and are revised.

Context

Spain exports around €390 billion a year and imports slightly more, with a structural deficit that energy makes wider. France, Germany, Portugal and Italy are the main customers; China, Germany and France the main suppliers. About two thirds of trade by volume passes through the ports.

Frequently asked questions

How much has Spain exported this year?

€335,340 million in the last twelve months (October 2025 – September 2026), 13.1% less than in the previous twelve months.

Which is the first destination for Spanish exports?

France, with €48,713 million in the last twelve months (October 2025 – September 2026), 14.5% of the total.

When is this data updated?

DataComex (Ministerio de Economía, Comercio y Empresa) publishes the data every month. Latest data available: last twelve months, to September 2026.

Source

DataComex (Ministerio de Economía, Comercio y Empresa). To explore the data in detail, use Foreign Trade · overview or see the original source.

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