Spain · Story · Trade
Spain's growing trade deficit driven by energy costs and China
Spain's trade deficit has widened significantly due to rising energy costs and an imbalance with China, impacting importers and logistics firms.
No new coverage since 20 October 2026.
The story so far as of 20 October 2026
On September 22, 2026, Spain's trade deficit increased by 30.5%, reaching €38 billion, mainly due to rising energy costs and an imbalance with China. Despite record exports, the high energy bill affected the trade balance. By October 20, 2026, the deficit surged to €45 billion, with purchases from China rising to €35.9 billion, contributing to a €947 million increase in the deficit. The situation highlighted ongoing challenges in balancing trade with China, as imports continued to outpace exports.
Flare-up watch: Calm (0.3) · Active flag: Heightened vigilance for staff and travel · How this is judged → · All Spain briefings →
Coverage, day by day
- Trade
Spain's trade deficit with China reaches €45 billion
Impact Importers from China face increased costs, while manufacturers and retailers struggle with supply chain imbalances.
Sources: Invertia.com ↗
- Trade
Spain's trade deficit widens by 30.5% amid energy costs
Impact Importers and logistics firms face higher costs as Spain's trade deficit grows, driven by energy expenses.
Sources: elcorreo.com ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.