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Spain’s trade deficit shrank to EUR 3.4 billion in December

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tupungato

Spain’s trade deficit shrank to EUR 3.4 billion in December from EUR 4.5 billion in the same month last year, as imports fell faster than exports.

Imports slipped by 11.6% year-on-year to EUR 32.3 billion while exports fell by 9.8% to EUR 28.9 billion. 

The country reported a trade deficit of EUR 40.6 billion in 2023, significantly lower than the EUR 71.6 billion deficit the previous year.

ETFs: (EWP), (EUFN)

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