MADRID, Nov. 21 (Xinhua) -- 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.
