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Flag Germany / Spain Flag

2020
Flag → Flag
Exports: $41.2B, Rnk 12 / 220

2020
Flag → Flag
Top Product: $3.61B, Cars

2020
Flag → Flag
Exports: $34B, Rnk 2 / 218

2020
Flag → Flag
Top Product: $7.06B, Cars

2020
Flag
Economic Complexity (ECI): ECI 1.88, Rnk 4 / 127

2020
Flag
Economic Complexity (ECI): ECI 0.76, Rnk 34 / 127

2020
Flag  
GDP: $3.85T, CURRENT US$
Rnk 4 / 204

2010-2020
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GDP GROWTH: 13.1%, CURRENT US$
Rnk 136 / 204

2020
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 GDP: $1.28T, CURRENT US$
Rnk 14 / 204

2010-2020
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GDP GROWTH: -9.89%, CURRENT US$
Rnk 182 / 204

2020
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GDP PC : $46,253, CURRENT US$
Rnk 20 / 204

2010-2020
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GDP PC GROWTH: 11.3%, CURRENT US$
Rnk 110 / 204

2020
Flag
GDP PC: $27,056, CURRENT US$
Rnk 42 / 204

2010-2020
Flag
GDP PC GROWTH: -11.4%, CURRENT US$
Rnk 171 / 204

About

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Germany-Spain In 2020, Germany exported $41.2B to Spain. The main products that Germany exported to Spain are Cars ($3.61B), Motor vehicles; parts and accessories (8701 to 8705) ($1.96B), and Packaged Medicaments ($1.71B). During the last 25 years the exports of Germany to Spain have increased at an annualized rate of 3.6%, from $17B in 1995 to $41.2B in 2020.

In 2020, Germany exported services to Spain worth $5.92B, with Other business services ($2.45B), Transportation ($1.14B), and Travel ($663M) being the largest in terms of value.

Spain-Germany In 2020, Spain exported $34B to Germany. The main products that Spain exported to Germany were Cars ($7.06B), Packaged Medicaments ($1.55B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.48B). During the last 25 years the exports of Spain to Germany have increased at an annualized rate of 3.69%, from $13.7B in 1995 to $34B in 2020.

In 2020, Spain exported services to Germany worth $2.46B, with Travel ($2.46B) being the largest in terms of value.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Spain ranked 34 in the Economic Complexity Index (ECI 0.76), and 17 in total exports ($298B).

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November, 2022

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Overview In November 2022, Germany exported €3.62B and imported €3.73B from Spain, resulting in a negative trade balance of €107M. Between November 2021 and November 2022 the exports of Germany have increased by €375M (11.5%) from €3.24B to €3.62B, while imports increased by €389M (11.7%) from €3.34B to €3.73B.

Trade In November 2022, the top exports of Germany to Spain were Pharmaceutical products (€389M), Chassis, bodies, engines etc. for motor... (€229M), Estimations for non-response (€174M), Motor cars and motor caravans (€130M), and Other machinery (€129M). In November 2022 the top imports of Germany from Spain were Motor cars and motor caravans (€896M), Pharmaceutical products (€334M), Estimations for non-response (€211M), Chassis, bodies, engines etc. for motor... (€176M), and Vegetables and other edible plants, roots,... (€156M).

Origins In November 2022 the exports of Germany were mainly from North Rhine-Westphalia (€720M), Baden-Württemberg (€652M), Bavaria (€406M), Lower Saxony (€257M), and Hesse (€253M), while imports destinations were mainly North Rhine-Westphalia (€961M), Lower Saxony (€621M), Bavaria (€567M), Baden-Württemberg (€433M), and Hesse (€297M).

Growth In November 2022, the increase in Germany's year-by-year exports to Spain was explained primarily by an increase in product exports in Chassis, bodies, engines etc. for motor... (€122M or 59.9%), Office and automatic data processing machines (€98.4M or 452%), and Machinery for electricity production, distribution (€51.7M or 81.8%). In November 2022, the increase in Germany's year-by-year imports  from Spain was explained primarily by an increase in product imports  in [object Object], [object Object], and [object Object].

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Flow
Time Scale
Value

EXPORT GROWTH (November 2021 - November 2022): €375M, (11.5%)

IMPORT GROWTH (November 2021 - November 2022): €389M, (11.7%)

MAIN EXPORTER (November 2022): North Rhine-Westphalia, €720M

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

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

For full datasets download visit Bulk Download page.

Explore Spain and Germany Data

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Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Germany exported $41.2B to Spain. The main products exported from Germany to Spain were Cars ($3.61B), Motor vehicles; parts and accessories (8701 to 8705) ($1.96B), and Packaged Medicaments ($1.71B). During the last 25 years the exports of Germany to Spain have increased at an annualized rate of 3.6%, from $17B in 1995 to $41.2B in 2020.

In 2020, Spain exported $34B to Germany. The main products exported from Spain to Germany were Cars ($7.06B), Packaged Medicaments ($1.55B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.48B). During the last 25 years the exports of Spain to Germany have increased at an annualized rate of 3.69%, from $13.7B in 1995 to $34B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination: United States, $116B

Spain
Top Destination: France, $47.6B

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

In 2019, countries that imported more from Germany than Spain were United States ($116B), China ($106B), and Netherlands ($84.8B).

In 2019, countries that imported more from Spain than Germany were Portugal ($23.8B), Morocco ($8.41B), and Andorra ($1.19B).

Comparative Advantage Germany - Spain

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Flow

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

During 2020, Germany had a large net trade with Spain in the exports of Machines ($11.9B), Transportation ($7.41B), and Chemical Products ($6.65B).

During 2020, Spain had a large net trade with Germany in the exports of Transportation ($11.1B), Vegetable Products ($5.22B), and Machines ($4.06B).

Service Trade

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Bilateral Service Trade

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In 2020, Germany exported services to Spain worth $5.92B, with Other business services ($2.45B), Transportation ($1.14B), and Travel ($663M) being the largest in terms of value.

In 2020, Spain exported services to Germany worth $2.46B, with Travel ($2.46B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Germany.

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