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Monday, 9 November 2026English edition
The Geopolitician

Country risk, from the local press

Spain · Story · Trade

Spain's trade deficit worsens amid rising energy costs

Spain's trade deficit has widened significantly due to rising energy costs and an imbalance with China, reaching €45 billion by August.

No new coverage since 20 October 2026.

The story so far as of 20 October 2026

On 22 September, Spain's trade deficit increased by 30.5%, reaching €38 billion, primarily due to rising energy costs and an imbalance with China. Despite record exports, the high energy bill impacted the trade balance. On 20 October, the deficit surged to €45 billion by the end of August, largely due to increased purchases from China, which rose to €35.9 billion. This contributed to a €947 million rise in the deficit, highlighting ongoing challenges in balancing trade with China.

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Coverage, day by day

  1. 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 ↗

  2. 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.

Other running stories in Spain

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