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2023
Flag → Flag
Exports $78.1MRnk 123 / 220
2023
Flag → Flag
Top Product $8.18MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $9.19MRnk 44 / 123
2023
Flag → Flag
Top Product $1.89MBasketwork
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH-2.11%CURRENT US$
Rnk 156 / 195

About

Spain-Belarus Trade: In 2023, Spain exported $78.1M to Belarus. The main products that Spain exported to Belarus were Motor vehicles; parts and accessories (8701 to 8705) ($8.18M), Unglazed Ceramics ($3.95M), and Wine ($3.89M). Over the past 5 years the exports of Spain to Belarus have decreased at an annualized rate of 21.5%, from $262M in 2018 to $78.1M in 2023.

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

Belarus-Spain Trade: In 2023, Belarus exported $9.19M to Spain. The main products that Belarus exported to Spain were Basketwork ($1.89M), Molasses ($1.76M), and Glass Fibers ($1.49M). Over the past 5 years the exports of Belarus to Spain have decreased at an annualized rate of 23.5%,  from $35.1M in 2018 to $9.19M in 2023.

In 2014, Belarus exported services to Spain worth $232k, with Computer and information services ($186k), Insurance services ($30k), and Government services, n.i.e. ($16k) being the largest in terms of value.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €4.57M and imported €644k from Belarus, resulting in a positive trade balance of €3.93M. Between November 2023 and November 2024 the exports of Spain have decreased by €-2.39M (-34.3%) from €6.96M to €4.57M, while imports increased by €7.79k (1.22%) from €636k to €644k.

Trade In November 2024, the top exports of Spain to Belarus were Polyamides (€949k), Unglazed Ceramics (€470k), Ethylene Polymers (€470k), Raw Plastic Sheeting (€423k), and Scented Mixtures (€419k). In November 2024 the top imports of Spain from Belarus were Other Vegetable Residues (€1.17M), Antiknock (€257k), Basketwork (€220k), Glass Fibers (€84.3k), and Other Furniture (€83.9k).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€978k), Girona (€788k), Madrid (€350k), Castellón (€345k), and Cáceres (€305k), while imports destinations were mainly Barcelona (€427k), Valencia (€187k), Álava (€26.6k), Madrid (€1.25k), and Sevilla (€582).

Growth In November 2024, the decrease in Spain's year-by-year exports to Belarus was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... (€-492k or -67.3%), Wine (€-151k or -82.9%), and Commodities not elsewhere specified (€-129k or -62.8%). In November 2024, the increase in Spain's year-by-year imports  from Belarus was explained primarily by an increase in product imports  in Antiknock (€209k or 435%), Quaternary Ammonium Salts and Hydroxides (€14.7k or 66.7%), and Basketwork (€6.79k or 3.19%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-2.39M(-34.3%)
IMPORT GROWTH (November 2023 - November 2024)€7.79k(1.22%)
MAIN EXPORTER (November 2024)Barcelona€978k

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

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

For full datasets download visit Bulk Download page.

Explore Belarus and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $78.1M to Belarus. The main products exported from Spain to Belarus were Motor vehicles; parts and accessories (8701 to 8705) ($8.18M), Unglazed Ceramics ($3.95M), and Wine ($3.89M). During the last 5 years the exports of Spain to Belarus have decreased at an annualized rate of 21.5%, from $262M in 2018 to $78.1M in 2023.

In 2018, Belarus exported $9.19M to Spain. The main products exported from Belarus to Spain were Basketwork ($1.89M), Molasses ($1.76M), and Glass Fibers ($1.49M). During the last 5 years the exports of Belarus to Spain have decreased at an annualized rate of 23.5%, from $35.1M in 2023 to $9.19M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Belarus
Top DestinationChina$2.6B

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

In 2023, countries that imported more from Spain than Belarus included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Belarus than Spain included Uzbekistan ($509M), Kazakhstan ($757M), and Azerbaijan ($325M).

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

Comparative Advantage Spain - Belarus

Flow
Scale

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

During 2023, Spain had a large net trade with Belarus in the exports of Chemical Products ($23.7M), Foodstuffs ($12.6M), and Plastics and Rubbers ($11M).

During 2018, Belarus had a large net trade with Spain in the exports of Foodstuffs ($3.03M), Wood Products ($1.9M), and Stone And Glass ($1.49M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Belarus+$8.54MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Belarus Spain+$2.95MOther Furniture

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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Economic Complexity

Competitive Landscape

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

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

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