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2023
Flag → Flag
Exports $47.2BRnk 22 / 208
2023
Flag → Flag
Top Product $3.09BCars
2023
Flag → Flag
Exports $8.45BRnk 12 / 220
2023
Flag → Flag
Top Product $977MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$33,509CURRENT US$
Rnk 40 / 196
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

China-Spain Trade: In 2023, China exported $47.2B to Spain. The main products that China exported to Spain were Cars ($3.09B), Semiconductor Devices ($2.41B), and Broadcasting Equipment ($2.17B). Over the past 5 years the exports of China to Spain have increased at an annualized rate of 8.2%, from $31.8B in 2018 to $47.2B in 2023.

In 2023, China did not export any services to Spain.

Spain-China Trade: In 2023, Spain exported $8.45B to China. The main products that Spain exported to China were Packaged Medicaments ($977M), Copper Ore ($819M), and Pig Meat ($787M). Over the past 5 years the exports of Spain to China have increased at an annualized rate of 0.64%,  from $8.08B in 2018 to $8.45B in 2023.

In 2018, Spain exported services to China worth $0, with being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $3.51B and imported $749M from Spain, resulting in a positive trade balance of $2.76B. Between December 2023 and December 2024 the exports of China have increased by $225M (6.86%) from $3.28B to $3.51B, while imports increased by $55.2M (7.95%) from $694M to $749M.

Trade In December 2024, the top exports of China to Spain were Commodities not elsewhere specified ($199M), Electric Batteries ($123M), Semiconductor Devices ($121M), Telephones ($111M), and Trunks and Cases ($85.8M). In December 2024 the top imports of China from Spain were Copper Ore ($127M), Pig Meat ($54.3M), Packaged Medicaments ($53.5M), Edible Offal ($52.9M), and Scrap Copper ($33.1M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($779M), Zhejiang Province ($749M), Jiangsu Province ($438M), Shandong Province ($307M), and Shanghai Province ($270M), while imports destinations were mainly Shanghai Province ($138M), Shandong Province ($116M), Zhejiang Province ($80.2M), Guangdong Province ($76.7M), and Jiangsu Province ($64.3M).

Growth In December 2024, the increase in China's year-by-year exports to Spain was explained primarily by an increase in product exports in Commodities not elsewhere specified ($129M or 183%), Telephones ($39.6M or 55.4%), and Air Conditioners ($29.8M or 86.3%). In December 2024, the increase in China's year-by-year imports  from Spain was explained primarily by an increase in product imports  in Copper Ore ($28.2M or 28.5%), Packaged Medicaments ($19.9M or 59.4%), and Scrap Copper ($12.9M or 63.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$225M(6.86%)
IMPORT GROWTH (December 2023 - December 2024)$55.2M(7.95%)
MAIN EXPORTER (December 2024)Guangdong Province$779M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Spain and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Spain and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $47.2B to Spain. The main products exported from China to Spain were Cars ($3.09B), Semiconductor Devices ($2.41B), and Broadcasting Equipment ($2.17B). During the last 5 years the exports of China to Spain have increased at an annualized rate of 8.2%, from $31.8B in 2018 to $47.2B in 2023.

In 2018, Spain exported $8.45B to China. The main products exported from Spain to China were Packaged Medicaments ($977M), Copper Ore ($819M), and Pig Meat ($787M). During the last 5 years the exports of Spain to China have increased at an annualized rate of 0.64%, from $8.08B in 2023 to $8.45B in 2018.

Exports from China (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Spain
Top DestinationFrance$61.9B

This map shows whether countries import more from China or Spain. Each country is colored based on the difference in imports they receive from China and Spain or the difference in the growth in imports.

In 2023, countries that imported more from China than Spain included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Spain than China included Portugal ($38.1B), France ($61.9B), and Morocco ($11.7B).

Difference in imports from Spain (Flag) and China (Flag) (2023)

Comparative Advantage China - Spain

Flow
Scale

This chart compares trade between China and Spain by product, considering products traded by both, China and Spain.

During 2023, China had a large net trade with Spain in the exports of Machines ($19B), Textiles ($5.09B), and Transportation ($4.35B).

During 2018, Spain had a large net trade with China in the exports of Chemical Products ($1.73B), Animal Products ($1.69B), and Mineral Products ($1.16B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Spain+$982MTelephones
Top Product Potential Spain China+$367MMotor vehicles; parts and accessories (8701 to 8705)

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2018, Spain exported services to China worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to China (Flag) (2018)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Spain. This means that a dot/product with the flag of China indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over China.

Product Space of China (Flag) and Spain (Flag) (2023)

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