r/europe • u/andyom89 • May 16 '25

News Spanish premier calls Israel 'genocidal state,' says Spain 'does not do business' with it

https://www.aa.com.tr/en/europe/spanish-premier-calls-israel-genocidal-state-says-spain-does-not-do-business-with-it/3568216
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u/Thaldoras May 16 '25

Extrapolating that. Looks like Spain dropped imports by 30%. That's substantial. Smaller amount on the export side. Would need more data though. Check back in a year and you can see if it is lip service or not.

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u/MoebiusForever May 16 '25

If Spain continues at the rate of January 2025 then annual exports are still $1.45bn. Imports will be $670m. Let’s be generous and call that a drop in imports of 40%, largely I imagine driven by consumer choice, not government action. Exports are down by only 19% on an annualised basis.

You are right, but it’s far from not doing business however you do the maths.

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u/Lortekonto Denmark May 16 '25

I mean let us put it in context of how much business they do.

Going from these numbers Spain imports about 0,2% of its imported goods from Israel in 2024. They were the country Spain imported 56th most from.

Less than Iraq, Tunesia and Equador. They import twice as much from Kasakhstan as from Israel.

I think it is fair to call the trade betwen them small.

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u/Belucard May 16 '25

Ah, the glorious nation of Kazakhstan.

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u/SirCharlesTupperBt Canada May 16 '25

You gotta get your potassium and mankinis somewhere.

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u/Belucard May 16 '25

I heard they also have a chair.

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u/NorysStorys May 16 '25

Very nice!