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Spain

Spain ranked No. 25 in total trade value through March with a total of $7.22 billion. Exports totaled $3.45 billion and Imports totaled $3.76 billion, a deficit of $309.76 million.

January – March 2019

Top Trading Ports

Total Trade: $7.22 billion

RankPortTotal YTD
1Port of Newark $1,124,609,510
2Port of Houston $543,017,816
3Port of Virginia $471,243,324
4John F. Kennedy International Airport $417,471,173
5Port of New Orleans $348,626,740
6Port of Savannah, Ga. $325,046,457
7San Juan International Airport, P.R. $304,965,606
8Chicago O’Hare International Airport $295,374,378
9Port of Oakland, Calif. $253,112,524
10Cleveland’s Hopkins International Airport, Ohio $180,573,098

U.S. trade with Spain rose to $7.22 billion through March

Spain’s trade with the United States rose to $7.22 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.12 percent below its total trade during the same time period last year. Spain’s exports increased 9.14 percent while imports fell 15.28 percent. The U.S. deficit with Spain was $309.76 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 Port of Virginia; No. 4 John F. Kennedy International Airport; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Miami International Airport No. 3 Port of Virginia No. 4 Port of Charleston and No. 5 Port of Houston. In the current time period, the top five accounted for 40.26 percent of Spain’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 11.34 percent to $1.12 billion.
    Exports rose 11.18 percent to $42.89 million. Imports rose 11.35 percent to $1.08 billion.
  • Trade with No. 2 Port of Houston rose 7.68 percent to $543.02 million.
    Exports rose 21.21 percent to $215.08 million. Imports rose 0.34 percent to $327.94 million.
  • Trade with No. 3 Port of Virginia fell 10.68 percent to $471.24 million.
    Exports rose 1.34 percent to $248.23 million. Imports fell 21.09 percent to $223.01 million.
  • Trade with No. 4 John F. Kennedy International Airport fell 0.86 percent to $417.47 million.
    Exports rose 13.96 percent to $178.09 million. Imports fell 9.6 percent to $239.38 million.
  • Trade with No. 5 Port of New Orleans rose 26.04 percent to $348.63 million.
    Exports rose 22.36 percent to $252.85 million. Imports rose 36.9 percent to $95.78 million.

Spain ranked No. 25 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 25.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Spain by value through March were the categories of Medicines in individual dosages; Petroleum gases, other gaseous hydrocarbons; Civilian aircraft, parts; Plasma, vaccines, blood; and Almonds, walnuts, pistachios, hazelnuts, etc., respectively. They accounted for 37.72 percent of total exports to Spain.

The value of the top five categories of U.S. imports from Spain –– Gasoline, other fuels; Commercial vehicles; Plasma, vaccines, blood; Medicines in individual dosages; and Olive oil –– accounted for 20.39 percent of all inbound shipments.

Looking more closely at U.S. exports to Spain:

  • Medicines in individual dosages rose 41.27 percent compared to last year to $367.18 million.
  • Petroleum gases, other gaseous hydrocarbons rose 312.41 percent compared to last year to $282.38 million.
  • Civilian aircraft, parts fell 51.59 percent compared to last year to $248.34 million.
  • Plasma, vaccines, blood fell 4.67 percent compared to last year to $202.39 million.
  • Almonds, walnuts, pistachios, hazelnuts, etc. rose 6.43 percent compared to last year to $202.35 million.

Looking more closely at U.S. imports from Spain:

  • Gasoline, other fuels fell 48.06 percent compared to last year to $219.05 million.
  • Commercial vehicles rose 137.58 percent compared to last year to $170.86 million.
  • Plasma, vaccines, blood rose 18.44 percent compared to last year to $148.19 million.
  • Medicines in individual dosages fell 80.52 percent compared to last year to $119.15 million.
  • Olive oil rose 14.83 percent compared to last year to $110.15 million.

In the latest annual figures available, Spain recorded $26.68 billion in trade with the United States. At year’s end, its were New York City; Houston; Atlanta/Savannah; Norfolk; and New Orleans. Total U.S. exports to Spain were $ 11.01 billion and imports from Spain were $15.66 billion. The U.S. deficit with Spain was $4.65 billion.