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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