Flag Germany / Spain Flag

2019
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Exports
: $47.8B, Rnk 11 / 223

2019
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Top Product
: $5.16B, Cars

2019
FlagFlag
Exports
: $34.9B, Rnk 2 / 219

2019
FlagFlag
Top Product
: $8.04B, Cars

2019
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Economic Complexity (ECI)
: ECI 1.92, Rnk 4 / 146

2019
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Economic Complexity (ECI)
: ECI 0.85, Rnk 36 / 146

2019
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GDP
: $3.86T, CURRENT US$
Rnk 4 / 187

2009-2019
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GDP GROWTH
: 13.6%, CURRENT US$
Rnk 158 / 187

2019
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 GDP
: $1.39T, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP GROWTH
: -6.2%, CURRENT US$
Rnk 179 / 187

2019
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GDP PC 
: $46,445, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP PC GROWTH
: 12%, CURRENT US$
Rnk 135 / 187

2019
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GDP PC
: $29,600, CURRENT US$
Rnk 36 / 187

2009-2019
Flag
GDP PC GROWTH
: -7.62%, CURRENT US$
Rnk 174 / 187

Germany-Spain: In 2019, Germany exported $47.8B to Spain. The main products that Germany exported to Spain are Cars ($5.16B), Vehicle Parts ($2.81B), and Packaged Medicaments ($1.57B). During the last 24 years the exports of Germany to Spain have increased at an annualized rate of 4.31%, from $17.4B in 1995 to $47.8B in 2019.

In 2016, Germany exported services to Spain worth $6.1B, with Other business services ($1.71B), Transportation ($1.37B), and Travel ($1.19B) being the largest in terms of value.

Spain-Germany: In 2019, Spain exported $34.9B to Germany . The main products that Spain exported to Germany were Cars ($8.04B), Vehicle Parts ($1.8B), and Packaged Medicaments ($1.28B). During the last 24 years the exports of Spain to Germany have increased at an annualized rate of 3.99%, from $13.6B in 1995 to $34.9B in 2019.

In 2016, Spain exported services to Germany worth $8.74B, with Travel ($8.74B) being the largest in terms of value.

Comparison: In 2019,  Germany ranked 4 in the Economic Complexity Index (ECI 1.92), and 3 in total exports ($1.44T). That same year, Spain ranked 36 in the Economic Complexity Index (ECI 0.85), and 16 in total exports ($319B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2019, Germany exported $47.8B to Spain. The main products exported from Germany to Spain were Cars ($5.16B), Vehicle Parts ($2.81B), and Packaged Medicaments ($1.57B). During the last 24 years the exports of Germany to Spain have increased at an annualized rate of 4.31%, from $17.4B in 1995 to $47.8B in 2019.

In 2019, Spain exported $34.9B to Germany. The main products exported from Spain to Germany were Cars ($8.04B), Vehicle Parts ($1.8B), and Packaged Medicaments ($1.28B). During the last 24 years the exports of Spain to Germany have increased at an annualized rate of 3.99%, from $13.6B in 1995 to $34.9B in 2019.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $131B

Spain
Top Destination
: France, $47.4B

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 ($131B), China ($107B), and Netherlands ($87.7B).

In 2019, countries that imported more from Spain than Germany were Portugal ($25.8B), Morocco ($9.28B), and Gibraltar ($1.57B).

Comparative Advantage Germany - Spain

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Depth

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

During 2019, Germany had a large net trade with Spain in the exports of Machines ($13.8B), Transportation ($10.6B), and Chemical Products ($6.82B).

During 2019, Spain had a large net trade with Germany in the exports of Transportation ($12.9B), Vegetable Products ($4.51B), and Machines ($4.16B).

Bilateral Service Trade

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In 2016, Germany exported services to Spain worth $6.1B, with Other business services ($1.71B), Transportation ($1.37B), and Travel ($1.19B) being the largest in terms of value.

In 2016, Spain exported services to Germany worth $8.74B, with Travel ($8.74B) 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 red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Spain. Similarly, the more red a dot/product is, the more Spain has comparative advantage over Germany.