Spain: Trade balance, in dollars

* indicates monthly or quarterly data series
 Spain

Trade balance, billion USD

 Latest value 16.55
 Year 2022
 Measure billion U.S. dollars
 Data availability 1975 - 2022
 Average -2.8
 Min - Max -85.47 - 53.05
 Source The World Bank
For that indicator, we provide data for Spain from 1975 to 2022. The average value for Spain during that period was -2.8 billion U.S. dollars with a minimum of -85.47 billion U.S. dollars in 2007 and a maximum of 53.05 billion U.S. dollars in 2013. The latest value from 2022 is 16.55 billion U.S. dollars. For comparison, the world average in 2022 based on 153 countries is 3.66 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Spain - Trade balance, in dollars - recent values

Historical chart
Spain - Trade balance, in dollars - historical chart - 1975-2022




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.


 Related indicators Latest value Reference Measure
 Terms of trade 98.39 2021 percent
 Trade openness 81.71 2022 percent
 Exports, percent of GDP 41.55 2022 percent
 Exports, billion dollars 579.51 2022 billion U.S. dollars
 Growth of exports 15.15 2022 percent
 Imports, percent of GDP 40.14 2022 percent
 Imports, billion dollars 562.33 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.98 2022 percent
 Foreign Direct Investment, billion dollars 42.29 2022 billion U.S. dollars
 Portfolio investment inflows, equities -5,726.31 2022 million dollars (current)
 Current account, percent of GDP 0.60 2022 percent
 Current account, in dollars 8.10 2022 billion U.S. dollars
 Trade balance, percent of GDP 1.21 2022 percent
 Trade balance, in dollars 16.55 2022 billion U.S. dollars
 Reserves 92.91 2022 billion U.S. dollars
 Remittances, percent of GDP 0.30 2022 percent
 Remittances 2,944.11 1998 million U.S. dollars
 Net errors and omissions 6,561.31 2022 million USD
 Foreign exchange reserves 92.67 9/2023 billion
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