Spain: Trade balance, in dollars

* indicates monthly or quarterly data series
 Spain

Trade balance, billion USD

 Latest value 74.53
 Year 2024
 Measure billion U.S. dollars
 Data availability 1975 - 2024
 Average 0.02
 Min - Max -85.67 - 74.53
 Source The World Bank
The latest value from 2024 is 74.53 billion U.S. dollars, an increase from 63.7 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Spain from 1975 to 2024 is 0.02 billion U.S. dollars. The minimum value, -85.67 billion U.S. dollars, was reached in 2007 while the maximum of 74.53 billion U.S. dollars was recorded in 2024. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


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

Historical series
Spain - Trade balance, in dollars - historical chart - 1975-2024




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.

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 Related indicators Latest Reference Measure
 Terms of trade 95.50 2023 percent
 Trade openness 70.31 2024 percent
 Financial openness 2.290 2022 index points
 Exports, percent of GDP 37.29 2024 percent
 Exports, billion dollars 642.46 2024 billion U.S. dollars
 Growth of exports 3.09 2024 percent
 Imports, percent of GDP 33.01 2024 percent
 Imports, billion dollars 568.72 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.89 2024 percent
 Foreign Direct Investment, billion dollars 34.11 2024 billion U.S. dollars
 Portfolio investment inflows, equities 299.20 2024 million dollars (current)
 Current account, percent of GDP 3.18 2024 percent
 Trade balance, percent of GDP 4.28 2024 percent
 Trade balance, in dollars 74.53 2024 billion U.S. dollars
 Reserves 107.77 2024 billion U.S. dollars
 Remittances, percent of GDP 0.31 2023 percent
 Remittances 6,265.01 2024 million U.S. dollars
 Net errors and omissions 16,147.68 2024 million USD
 External debt 156.18 2024 percent
 Short-term external debt 37.46 2024 percent
 Short-term debt to reserves 936.61 2024 percent
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