International Merchandise Trade Statistics: Imports: Commodities for Spain

XTIMVA01ESM664S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

38,228,600,000.00

Year-over-Year Change

5.62%

Date Range

1/1/1966 - 5/1/2025

Summary

The 'International Merchandise Trade Statistics: Imports: Commodities for Spain' series measures the value of goods imported into Spain across various commodity categories. This data is crucial for understanding Spain's trade balance and economic relationships with global trading partners.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This series tracks the monthly value of Spain's imports across a range of commodity types, including raw materials, intermediate goods, and final consumer products. The data is used by economists, policymakers, and businesses to analyze Spain's trade flows, identify industry trends, and inform economic and trade policy decisions.

Methodology

The data is collected by Spain's National Institute of Statistics through surveys of importers and customs records.

Historical Context

This import data is closely monitored by the European Central Bank and other institutions to assess Spain's economic health and trade competitiveness.

Key Facts

  • Spain is the 14th largest importer in the world.
  • Machinery and transport equipment are Spain's top imported commodities.
  • Spain's imports have grown by over 50% in the last decade.

FAQs

Q: What does this economic trend measure?

A: This series tracks the monthly value of goods imported into Spain across various commodity categories, providing insights into Spain's trade flows and economic relationships.

Q: Why is this trend relevant for users or analysts?

A: This import data is crucial for understanding Spain's trade balance, industry trends, and overall economic health, and is closely monitored by policymakers and institutions.

Q: How is this data collected or calculated?

A: The data is collected by Spain's National Institute of Statistics through surveys of importers and customs records.

Q: How is this trend used in economic policy?

A: This import data is used by the European Central Bank and other institutions to assess Spain's economic competitiveness and inform trade and economic policies.

Q: Are there update delays or limitations?

A: The data is published monthly, with a typical delay of 2-3 months between the reference period and the release of the statistics.

Related Trends

Citation

U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Spain (XTIMVA01ESM664S), retrieved from FRED.