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Spain’s exports and you will imports of products and you will features in the 2008 depicted 58

Spain’s exports and you will imports of products and you will features in the 2008 depicted 58

9% of GDP, with regards to the Western european Payment you to definitely, and come up with their benefit a lot more discover than simply Italy’s and you may France’s (58.1% and 55.3%, respectively) and simply quite below the fresh new UK’s (sixty.9%), however, really below Germany’s (88.3%). Of one’s five huge Eu economic climates, not, Spain’s exports may be the reduced for the GDP words (26.5%) as well as imports (thirty-two.4%) the following-premier by this yardstick just after Germany: and that the highest trade deficits. Some other indicator of one’s low level out-of Spain’s exports is their matter during the for every single capita terms (discover Shape 23).

Spain’s share away from community gift suggestions exports are 1.7% in 2008 and of qualities step three.9%, depending on the World Exchange Organisation, if you’re their share out of worldwide GDP, within the to purchase stamina parity terms and conditions, try 2.8%, considering Goldman Sachs. Brand new European union took 69.3% out of Spain’s exports in the first 9 weeks regarding 2009 opposed which have 73.9% on whole off 2004 (find Shape twenty-four).

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