Spain: Merchandise trade deficit narrows in December
Latest reading: In December, the trade balance was EUR -5.6 billion, following a EUR -5.7 billion figure in the previous month. Over the last 12 months, the trade balance summed to EUR -57.1 billion.
Merchandise exports declined 1.4% in seasonally adjusted month-on-month terms in December, following a 1.0% drop in the previous month. Merchandise imports fell 5.3% in seasonally adjusted month-on-month terms in December, following a 5.3% increase in the previous month. December’s reading was the weakest since January 2023.