Indicators · last twelve months, to July 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)

€392,109 million

+1.1% vs the previous twelve months

Imports (12 months)

€458,047 million

+4.6% vs the previous twelve months

Trade balance

−€65,938 million

Coverage ratio

85.6%

Exports as a share of imports

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

Spain exported €392,109 million in the last twelve months (August 2025 – July 2026), 1.1% more than in the previous twelve months, and imported €458,047 million (up 4.6%). The trade balance shows a deficit of €65,938 million, with a coverage ratio of 85.6%.

France ranks first among countries with €56,744 million in the last twelve months (August 2025 – July 2026) (1.9% more than a year earlier). It is followed by Germany (€40,804 million) and Portugal (€35,718 million). Together, the three account for 34% of the total.

The largest increases were recorded by Ship supplies and fuel (intra-EU) (+17.1%), Ship supplies (non-EU) (+14.7%) and Portugal (+6.8%); the steepest falls by Belgium (−11.6%), the Netherlands (−11.6%) and the United States (−3.6%).

The rest of the top ten are Italy (4th, €33,624 million, +4.2%), the United Kingdom (5th, €25,016 million, −0.4%), the United States (6th, €16,898 million, −3.6%), the Netherlands (7th, €12,595 million, −11.6%), Morocco (8th, €12,576 million, +0.3%), Belgium (9th, €11,312 million, −11.6%) and Poland (10th, €10,782 million, +6.4%).

At the bottom of the table are Ship supplies and fuel (intra-EU) (€6,058 million), Ship supplies (non-EU) (€6,028 million) and Mexico (€5,578 million), out of a total of 15 countries with data.

The distribution is fairly spread out: the top five account for 48.9% of the total and 15 countries are enough to reach 80%, while the other 5 countries further down share the remaining 8.9%. 9 of the 15 countries with a comparison grew year on year, 2 of them by double digits, and 6 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€56,744M+1.9%Germany€40,804M+4.9%Portugal€35,718M+6.8%Italy€33,624M+4.2%United Kingdom€25,016M−0.4%United States€16,898M−3.6%Netherlands€12,595M−11.6%Morocco€12,576M+0.3%Belgium€11,312M−11.6%Poland€10,782M+6.4%

Exports and imports by month

Exports and imports by month€22,085M€27,749M€33,414M€39,078M€44,742MAug 24Oct 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€56,744M+1.9%14.5%
2Germany€40,804M+4.9%10.4%
3Portugal€35,718M+6.8%9.1%
4Italy€33,624M+4.2%8.6%
5United Kingdom€25,016M−0.4%6.4%
6United States€16,898M−3.6%4.3%
7Netherlands€12,595M−11.6%3.2%
8Morocco€12,576M+0.3%3.2%
9Belgium€11,312M−11.6%2.9%
10Poland€10,782M+6.4%2.7%
11Türkiye€9,459M+0.8%2.4%
12China€7,809M−3.4%2.0%
13Ship supplies and fuel (intra-EU)€6,058M+17.1%1.5%
14Ship supplies (non-EU)€6,028M+14.7%1.5%
15Mexico€5,578M−3.0%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?

€392,109 million in the last twelve months (August 2025 – July 2026), 1.1% more than in the previous twelve months.

Which is the first destination for Spanish exports?

France, with €56,744 million in the last twelve months (August 2025 – July 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 July 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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