Spain posted a trade deficit of €3.42 billion in February 2025, widening from €2.35 billion in the same month last year.
Exports rose just 0.4% yoy to €32 billion, as declines in key categories such as capital goods (-0.4%), automotive products (-16.6%), and energy products (-13.3%) outweighed increases in chemical products (9.8%), raw materials (19.2%), and food, beverages, and tobacco (5.1%).
Meanwhile, imports advanced 3.5% to €35.4 billion, on higher purchases of chemical products (10.6%); food, beverages & tobacco (7.6%); raw materials (9.5%).