Spain's foreign trade deficit decreased somewhat in February from a year ago, as imports fell faster than exports, preliminary data from the Economy Ministry showed on Tuesday.
The trade deficit dropped to EUR 3.3 billion in February from EUR 3.4 billion in the corresponding month last year. In January, there was a shortfall of EUR 4.0 billion.
Exports logged an annual fall of 0.8 percent, and imports were 1.1 percent lower. Shipments of energy products alone fell 21.8 percent from last year, while the country imported 11.7 percent less chemicals during February.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.