Off the wire
• Elderly statesman cautions Ghanaians against inciting ethnic politics  • Greeks bid farewell to former president Stephanopoulos  • China's Alibaba launches data center in Dubai  • China, Peru agree to promote better, faster growth of ties  • Cholera kills 44 people in South Sudan in six months  • AU military officers meet in Somalia over counter-terrorism strategy  • Feature: Parts of Britain becoming cultural deserts: museums body  • First Austrian presidential debate attracts 475,000 viewers  • Four Ugandans to compete in Kenya's premier squash event  • Share prices fall pulling down Nairobi bourse trading  
You are here: 　 Home

Spain's trade deficit falls by 29 pct up to Sept.

Xinhua, November 22, 2016 Adjust font size:

Spain's trade deficit fell by 29 percent in the first nine months of the year when compared with the same period of a year earlier to 13.227 billion euros (14.025 billion U.S. dollars), data indicated on Monday.

Exports rose by 1.2 percent in the first nine months of the year to 188.485 billion euros hitting a record high for the period, while imports fell by 1.6 percent to 201.712 billion euros, according to data released on Monday by the Spanish Ministry of Economy and Competitiveness.

Spain especially exported items related to the automobile industry, food, drinks, tobacco and capital goods and they were widely shipped to the European Union countries, representing 66.5 percent of the total. Meanwhile, 51.7 percent were shipped to eurozone countries.

Spain's State Secretary for Trade Maria Luisa Poncela said exports were "reaching a figure we did not have until now" and specified that they are growing in terms of volume and quantity. Endit