2021
Flag  
GDP
$4.26TCURRENT US$
Rnk 4 / 204
2011-2021
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GDP GROWTH
13.6%CURRENT US$
Rnk 130 / 204
2021
Flag
 GDP
$1.43TCURRENT US$
Rnk 14 / 204
2011-2021
Flag
GDP GROWTH
-3.6%CURRENT US$
Rnk 177 / 204
2021
Flag
GDP PC 
$51,204CURRENT US$
Rnk 26 / 204
2011-2021
Flag
GDP PC GROWTH
9.63%CURRENT US$
Rnk 116 / 204
2021
Flag
GDP PC
$30,104CURRENT US$
Rnk 45 / 204
2011-2021
Flag
GDP PC GROWTH
-4.97%CURRENT US$
Rnk 158 / 204

About

Germany-Spain In 2021, Germany exported $49.6B to Spain. The main products that Germany exported to Spain are Cars ($4.13B), Motor vehicles; parts and accessories (8701 to 8705) ($2.16B), and Vaccines, blood, antisera, toxins and cultures ($1.83B). During the last 26 years the exports of Germany to Spain have increased at an annualized rate of 4.2%, from $17B in 1995 to $49.6B in 2021.

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 2021, Spain exported $38.3B to Germany. The main products that Spain exported to Germany were Cars ($6.63B), Motor vehicles; parts and accessories (8701 to 8705) ($1.79B), and Packaged Medicaments ($1.65B). During the last 26 years the exports of Spain to Germany have increased at an annualized rate of 4.02%, from $13.7B in 1995 to $38.3B in 2021.

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

Comparison In 2021,  Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T). That same year, Spain ranked 35 in the Economic Complexity Index (ECI 0.78), and 16 in total exports ($372B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Germany exported $49.6B to Spain. The main products exported from Germany to Spain were Cars ($4.13B), Motor vehicles; parts and accessories (8701 to 8705) ($2.16B), and Vaccines, blood, antisera, toxins and cultures ($1.83B). During the last 26 years the exports of Germany to Spain have increased at an annualized rate of 4.2%, from $17B in 1995 to $49.6B in 2021.

In 2021, Spain exported $38.3B to Germany. The main products exported from Spain to Germany were Cars ($6.63B), Motor vehicles; parts and accessories (8701 to 8705) ($1.79B), and Packaged Medicaments ($1.65B). During the last 26 years the exports of Spain to Germany have increased at an annualized rate of 4.02%, from $13.7B in 1995 to $38.3B in 2021.

Exports from Germany (Flag) to Spain (Flag) (2021)

Exports from Spain (Flag) to Germany (Flag) (2021)

Market Competitiveness

Color
Germany
Top Destination
United States$135B
Spain
Top Destination
France$59B

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 2021, countries that imported more from Germany than Spain were United States ($135B), China ($121B), and Netherlands ($100B).

In 2021, countries that imported more from Spain than Germany were Portugal ($30.5B), Morocco ($11.1B), and Gibraltar ($1.2B).

Difference in imports from Spain (Flag) and Germany (Flag) (2021)

Comparative Advantage Germany - Spain

Flow
Scale

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

During 2021, Germany had a large net trade with Spain in the exports of Machines ($14.4B), Chemical Products ($8.47B), and Transportation ($8.08B).

During 2021, Spain had a large net trade with Germany in the exports of Transportation ($10.7B), Vegetable Products ($5.83B), and Machines ($4.79B).

Service Trade

Bilateral Service Trade

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.

Services Exports from Germany (Flag) to Spain (Flag) (2020)

Services Exports from Spain (Flag) to Germany (Flag) (2020)

Economic Complexity

Competitive Landscape

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.

Product Space of Germany (Flag) and Spain (Flag) (2021)

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