According to the trade balance released this Thursday by the Ministry of Industry, Trade and Tourism, Spanish goods exports increased by 16.2% to 30,921 million in January.during imports increased by 5.3% to 34,876 million.
Thus, the ratio of exports that can be met by imports increased by 8.4 points compared to the previous year and became 88.7%.
Most of the foreign trade deficit in January 15% less energy balance with a deficit of 2,849.1 million-during non-energy was 1.106.6 million65% less.
The sectors that contributed the most to the increase in exports were energy products. (increased its overseas sales by 41.2%) and chemicals (20.8%), and to a lesser extent capital goods, food and automobiles.
On the contrary, raw materials and other goods decreased their exports by 4.6% and 3.3%respectively.
Imports were increased by capital goods (20.7%), food, beverages and tobacco (20.1%), energy products (8.1%) and automobiles (15.4%).
On the other hand, imports of non-chemical semi-finished products (15.1%), chemical products (13.7%), raw materials (10.9%) and durable consumer goods (3.1%) fell.
As usual, Most of Spanish exports went to the European Union (65% of the total)Italy (18.4%), Germany (15%), France (13.4%) and Portugal (12%) are a region experiencing a recovery of 18.8%, with double-digit growth.
Sales to Oceania (32.6%), Americas (22.5%), Asia (10.6%) and Africa (0.7%) also increased, with only China (16%) among Spain’s main trading partners and the UK (2.3 %).
next to you imports also increased from the European Union (8.9%)France’s fell 0.3%, thanks to the driving force of Italy (19.6%) and Portugal (11.6%).
Imports from Oceania (37.4%), Asia (10.1% despite a 8% decrease in Saudi Arabia), Africa (5.3%) and the Americas (1.1%) also increased. States). In contrast, imports from Turkey (22.6%) and the United Kingdom (4.6%) fell.
Exports to Russia fell 66%, imports fell 1%.