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

About

Spain-Germany In 2021, Spain exported $38.3B to Germany. The main products that Spain exported to Germany are 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.

Germany-Spain In 2021, Germany exported $49.6B to Spain. The main products that Germany exported 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 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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Spain - Germany

Flow
Scale

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

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).

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).

Service Trade

Bilateral Service Trade

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

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.

Service trade data is presented based on availability.

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

Services Exports from Germany (Flag) to Spain (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 Spain has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Spain.

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

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