Spain’s trade deficit shrank to EUR 3.4 billion in December

Spain’s commerce deficit shrank to EUR 3.4 billion in December from EUR 4.5 billion in the identical month final 12 months, as imports fell quicker than exports.

Imports slipped by 11.6% year-on-year to EUR 32.3 billion whereas exports fell by 9.8% to EUR 28.9 billion. 

The nation reported a commerce deficit of EUR 40.6 billion in 2023, considerably decrease than the EUR 71.6 billion deficit the earlier 12 months.

ETFs: (EWP), (EUFN)