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Pricing

2022
Flag → Flag
Exports $49.7BRnk 12 / 223
2022
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Top Product $4.54BCars
2022
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Exports $39.2BRnk 2 / 218
2022
Flag → Flag
Top Product $7.69BCars
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Germany-Spain In 2022, Germany exported $49.7B to Spain. The main products that Germany exported to Spain are Cars ($4.54B), Motor vehicles; parts and accessories (8701 to 8705) ($2.35B), and Packaged Medicaments ($2.15B). During the last 27 years the exports of Germany to Spain have increased at an annualized rate of 4.05%, from $17B in 1995 to $49.7B in 2022.

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 2022, Spain exported $39.2B to Germany. The main products that Spain exported to Germany were Cars ($7.69B), Motor vehicles; parts and accessories (8701 to 8705) ($1.7B), and Packaged Medicaments ($1.39B). During the last 27 years the exports of Spain to Germany have increased at an annualized rate of 3.96%, from $13.7B in 1995 to $39.2B in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €3.89B and imported €3.24B from Spain, resulting in a positive trade balance of €656M. Between January 2023 and January 2024 the exports of Germany have increased by €665M (20.6%) from €3.23B to €3.89B, while imports increased by €114M (3.65%) from €3.12B to €3.24B.

Trade In January 2024, the top exports of Germany to Spain were Chassis, bodies, engines etc. for motor... (€199M), Motor cars and motor caravans (€180M), Estimations for non-response (€161M), Machinery for electricity production, distribution (€144M), and Other prefabricated chemicals (€142M). In January 2024 the top imports of Germany from Spain were Motor cars and motor caravans (€623M), Vegetables and other edible plants, roots,... (€216M), Pharmaceutical products (€215M), Estimations for non-response (€188M), and Chassis, bodies, engines etc. for motor... (€171M).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€782M), Bavaria (€510M), Baden-Württemberg (€439M), Lower Saxony (€379M), and Hesse (€290M), while imports destinations were mainly North Rhine-Westphalia (€921M), Baden-Württemberg (€445M), Bavaria (€434M), Lower Saxony (€350M), and Hesse (€271M).

Growth In January 2024, the increase in Germany's year-by-year exports to Spain was explained primarily by an increase in product exports in Estimations for non-response (€160M or 17.1k%), Aircraft (€61.3M or 195%), and Articles of plastic (€33.4M or 62.4%). In January 2024, the increase in Germany's year-by-year imports  from Spain was explained primarily by an increase in product imports  in Motor cars and motor caravans (€268M or 75.7%), Estimations for non-response (€115M or 160%), and Chassis, bodies, engines etc. for motor... (€45.5M or 36.2%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€665M(20.6%)
IMPORT GROWTH (January 2023 - January 2024)€114M(3.65%)
MAIN EXPORTER (January 2024)North Rhine-Westphalia€782M

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $49.7B to Spain. The main products exported from Germany to Spain were Cars ($4.54B), Motor vehicles; parts and accessories (8701 to 8705) ($2.35B), and Packaged Medicaments ($2.15B). During the last 27 years the exports of Germany to Spain have increased at an annualized rate of 4.05%, from $17B in 1995 to $49.7B in 2022.

In 2022, Spain exported $39.2B to Germany. The main products exported from Spain to Germany were Cars ($7.69B), Motor vehicles; parts and accessories (8701 to 8705) ($1.7B), and Packaged Medicaments ($1.39B). During the last 27 years the exports of Spain to Germany have increased at an annualized rate of 3.96%, from $13.7B in 1995 to $39.2B in 2022.

Exports from Germany (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Spain
Top DestinationFrance$65.2B

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 ($153B), China ($109B), and Netherlands ($109B).

In 2021, countries that imported more from Spain than Germany were Portugal ($34.9B), Morocco ($12.1B), and Gibraltar ($2.2B).

Difference in imports from Spain (Flag) and Germany (Flag) (2022)

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 2022, Germany had a large net trade with Spain in the exports of Machines ($13.2B), Transportation ($8.87B), and Chemical Products ($8.27B).

During 2022, Spain had a large net trade with Germany in the exports of Transportation ($11.8B), Vegetable Products ($5.13B), and Machines ($4.75B).

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) (2022)

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