Spain, a significant trading partner of the EU, imports energy, automobiles, machinery, electronics, and medications to support its economy. Spain is a major player in European commerce, with a population of approximately 47 million and a GDP of about USD 1.4 trillion. The capital is Madrid. Since exports fell short of imports, as per Spain import data, which totaled USD 451.3 billion, there was a USD 47.6 billion trade imbalance.
As per Spain customs data, energy requirements, transportation and industrial equipment, technology, and medical supplies are the main imports into Spain, which is crucial for its diverse economy.