Spanish Exports Reach Second-Highest Record in 2025 Amid Sector Growth and Market Diversification
Spain's exports hit €387 billion in 2025, the second-best record ever, boosted by diverse sectors and expanding markets despite challenges.
- • Spanish exports grew by 0.7% in 2025, reaching €387.092 billion, the second-highest in history.
- • Major sectors driving export growth include capital goods, food-beverages-tobacco, and chemicals.
- • Exports to the EU accounted for 62% of total, with a €19.762 billion trade surplus.
- • Number of regular Spanish exporters rose to 46,230 in 2025, marking five years of growth.
Key details
In 2025, Spain's export sector demonstrated resilience and steady growth, with total merchandise exports reaching €387.092 billion — a 0.7% increase compared to the previous year — marking the second-best annual export performance in Spanish history, according to the Ministry of Economy, Trade and Business. Notably, exports of non-energy products saw a near 2% rise, underscoring the strength of diverse sectors.
Key contributors to Spain's export expansion included capital goods, food-beverages-tobacco, and chemical products. Capital goods made up approximately 19.4% of exports, driven largely by machinery and electrical equipment. The food and beverage sector accounted for a similar share, highlighting strong exports of fruits, vegetables, and meats. Meanwhile, chemical products constituted around 17% of total exports. The food, beverage, and tobacco sectors also achieved significant trade surpluses.
Spain's trade dynamics showed a 4.6% increase in imports, reaching €444.146 billion. Exports to the European Union remained dominant, representing 62% of total exports with a €19.762 billion trade surplus. Spanish companies continued to diversify international markets with export growth reported at 6% in Africa, 3% in Asia, and 5% within the EU. However, exports to the United States declined by 8%, attributed to tariff impacts.
The number of regular exporters in Spain has grown consistently for five years, totaling 46,230 in 2025, a 10.4% increase over five years, signaling expanding international business capacity. December 2025 alone saw exports of €30.161 billion, up 1.4% year-on-year, while imports set a new monthly record at €35.734 billion.
This export growth coincides with a cautiously optimistic economic outlook for Spain, as Funcas raised its GDP forecast for 2026 to 2.4%, even while warning of potential economic deceleration.
This article was translated and synthesized from Spanish sources, providing English-speaking readers with local perspectives.
