Between January and November 2025, the external sector of España has registered a new all-time high, reaching €356.931 billion in exports, a year-on-year increase of 0,6%. This result, confirmed by the Ministerio de Economía, Comercio y Empresa through Secretaría de Estado de ComercioIt demonstrates the resilience of the Spanish business fabric in a complex international context.
Resilience in November in the face of the European environment
The declared trade data of Aduanas They reveal that, in November alone, exports totaled 32.158 millones de eurosThis performance aligns the Spanish economy with the behavior of the eurozone and the Unión Europea, contrasting positively with the declines recorded in competing powers.
While key partners suffered setbacks —Alemania fell by 1,7%, Italia 0,1% and the Reino Unido It plummeted 18,2%—, España He kept his composure. Only Francia (+2%) and Asian powers such as China (+5,7%) and Japón (+6,1%) showed significant progress during this period.
| Indicator (November 2025) | Value (Millions €) | Comments |
|---|---|---|
| Exports | 32.158 | Maintaining the export pulse |
| Imports | 37.840 | +0,2% (2nd highest ever for a November) |
| Trade Deficit | 5.682 | Monthly negative balance |
| Coverage Rate | 85% | Export/import relationship |
Sectoral analysis and market diversification
November's performance was driven by strategic sectors. energy productsRaw materials and durable consumer goods were the main positive contributors to the growth rate. Also noteworthy are the trade surpluses achieved in:
- Food, drinks and tobacco: 1.133 million.
- Other goods: 475 million.
- Non-chemical semi-manufactured goods: 439 million.
Regarding geographical diversification, the Unión Europea It accounted for 62% of sales, with record figures in destinations such as Grecia, Portugal, República Checa y SueciaMeanwhile, the remaining 38% went to third countries, achieving record highs in high-potential markets such as Marruecos, Turquía, Arabia Saudí y Australia.
Cumulative balance: Historical record and export base
The analysis of the cumulative period (January-November 2025) confirms the upward trend. Imports remained stable at €408.412 million, which placed the trade deficit at €51.481 million and the coverage ratio at 87,4%. It is relevant to highlight that the trade surplus with the Unión Europea reached the 19.466 millones de euroswhile the deficit with non-EU countries decreased.
By autonomous communities, export dynamism was especially notable in Melilla, Ceuta, Extremadura, Canarias e Illes Balears.
| Cumulative Data (Jan-Nov 2025) | Key Figures | Variation / Detail |
|---|---|---|
| Total Exported | 356.931 M€ | +0,6% (Historic Record) |
| Food Surplus | 15.633 M€ | Sector with the largest positive balance |
| Automotive Surplus | 2.948 M€ | Outstanding contribution |
| Regular Exporters | 45.933 companies | +0,6% growth |
A key piece of information for the stability of foreign trade España It is the consolidation of the export base. The number of regular exporters (those with sales exceeding €1.000 in the last four consecutive years) grew by 0,6%, totaling 45.933 companies. This core group is responsible for the 99,9% of the total exported value, reaching 342.686,9 million euros.
Key points and frequently asked questions about foreign trade in 2025
Which sectors lead the trade surplus in Spain?
During the cumulative total for 2025, the sectors with the largest positive balance have been food, beverages and tobacco (15.633 million), followed by non-chemical semi-manufactured goods and the automotive sector.
With which countries does Spain maintain its best trade relations?
España records its largest trade surpluses with Francia, Portugal y Reino Unido, maintaining an overall positive balance with the Unión Europea greater than 19.000 million euros.
How important are regular exporters to the economy?
They are vital to the structure of foreign trade. Although they comprise 45.933 companies, they generate 99,9% of the total value of exports, providing stability and recurrence to trade flows.