“When transactions without transfer of ownership (TTE) are excluded, both flows showed declines, with exports falling by 3.0% and imports by 3.5%, compared to increases of 3.3% and 10.6%, respectively, in September. The trade deficit in goods reached 2.805 billion euros, a deterioration of 77 million euros compared to October 2024. Excluding TTE, the deficit showed an improvement of 141 million euros,” according to the INE report.
In October 2025, unit value indices (prices) continued to show negative variations: -1.4% in exports and -1.8% in imports (-1.3% and -2.2%, respectively, in September 2025; -0.9% and -4.4% in October 2024, respectively).
This highlights an updated analysis of international trade in goods with the United States in 2025, based on data collected up to the third quarter of this year.
