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Export News
2025-08-13
In 2024, Spain exports reached a total value of US $424.3 billion, delivering goods to markets across the globe.
This performance represents a 35.9% increase from the $312.1 billion recorded in 2020. On a year-to-year basis, the value of Spain exports rose modestly by 1%, up from $420.2 billion in 2023.
According to the 2024 average exchange rate, Spain's euro appreciated slightly—just 0.02%—against the US dollar compared to the previous year. This minor currency gain made Spain exports, when priced in US dollars, slightly more expensive for global buyers.
Situated on the Iberian Peninsula in Western Europe, Spain borders Portugal to the northwest, and France and Andorra to the northeast. Its southern region also shares Europe's only land border with Africa, via Morocco.
Spain's top five export products in 2024—cars, refined petroleum oils, packaged pharmaceuticals, auto parts or accessories, and trucks—collectively accounted for 22.2% of total Spain exports.
Spain's Main Export Destinations
The latest country-specific trade data shows that 70.4% of Spain exports were shipped to:
1.France (15.1% of total)
2.Germany (10.3%)
3.Italy (8.8%)
4.Portugal (8.7%)
5.United Kingdom (6.4%)
6.United States (4.6%)
7.Netherlands (3.31%)
8.Morocco (3.28%)
9.Belgium (3.21%)
10.Poland (2.5%)
11.Türkiye (2.3%)
12.China (1.9%)
From a regional perspective, 72.7% of Spain exports went to other European countries, while 10.3% were sold to Asian buyers. North America absorbed 6.9%, Africa 5.5%, Latin America (excluding Mexico but including the Caribbean) 3.9%, and Oceania 0.7% led by Australia and New Zealand.
Within the European Union, 63.1% of Spain exports were shipped to fellow member states in 2024, down from 70.5% the year before.
Given Spain's population of 48.4 million, the 2024 export value translates to roughly $8,750 per person, slightly below the $8,850 recorded in 2023.
Top 10 Spanish Export Groups in 2024
1.Vehicles – $63.8 billion (15% of total exports)
2.Mineral fuels (incl. oil) – $31.6 billion (7.4%)
3.Machinery (incl. computers) – $30.9 billion (7.3%)
4.Electrical machinery & equipment – $23.5 billion (5.5%)
5.Pharmaceuticals – $19.2 billion (4.5%)
6.Plastics & plastic goods – $14.9 billion (3.5%)
7.Fruits & nuts – $12.1 billion (2.9%)
8.Meat – $11.3 billion (2.7%)
9.Vegetables – $10.2 billion (2.4%)
10.Iron & steel articles – $10.1 billion (2.4%)
These ten categories generated 53.7% of the total value of Spain exports in 2024.
The strongest annual growth came from fruits and nuts, up 14.2% from 2023, followed by mineral fuels (+12.9%) and vegetables (+9.5%). Pharmaceuticals saw the sharpest drop, falling 12% year over year.
Spain's Corporate Trade Landscape
Businesses aiming to enter the Spanish market should focus on identifying reliable buyers of Spain exports. Platforms like Tendata allow companies to search by keywords, HS codes, and other filters to locate thousands of potential clients—complete with procurement cycles, purchase histories, and contact information—significantly accelerating market entry.
For example, in the Car sector, Tendata lists the top ten Spanish suppliers in 2024 along with their trading records. >>Find more Spain clients
1.LORAMENDI S COOP(9.56%, $1.68 Million)
2.EDITORIAL PLANETA DEAGOSTINI SAU(8.02%, $1.41 Million)
3.GBS SRL(7.85%, $1.38 Million)
4.ORBEA SDAD COOPERATIVA(6.6%, $1.16 Million)
5.KFT TECNIFOOD GROUP S L(5.2%, $0.92 Million)
6.COMEXI GROUP INDUSTRIES S A U(5.12%, $0.9 Million)
7.DARWIN WCDI SRL(3.59%, $0.63 Million)
8.ZSCHIMMER AND SCHWARZ ESPANA SLU(3.3%, $0.58 Million)
9.TRANSITYRE B V(3.14%, $0.55 Million)
10.MESPACK S L(2.76%, $0.49 Million)
Whether you're an established exporter or a newcomer to global trade, using Spain export data can uncover high-value opportunities. For further details or to book a free online demo, contact Tendata.
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