Flag Spain / Germany Flag

2020
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Exports
: $34B, Rnk 2 / 218

2020
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Top Product
: $7.06B, Cars

2020
FlagFlag
Exports
: $41.2B, Rnk 12 / 220

2020
FlagFlag
Top Product
: $3.61B, Cars

2020
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Economic Complexity (ECI)
: ECI 0.76, Rnk 34 / 127

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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GDP
: $1.28T, CURRENT US$
Rnk 14 / 195

2010-2020
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GDP GROWTH
: -9.8%, CURRENT US$
Rnk 174 / 195

2020
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 GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

2020
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GDP PC 
: $27,063, CURRENT US$
Rnk 36 / 195

2010-2020
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GDP PC GROWTH
: -11.3%, CURRENT US$
Rnk 164 / 195

2020
Flag
GDP PC
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
Flag
GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 195

Spain-Germany In 2020, Spain exported $34B to Germany. The main products that Spain exported to Germany are Cars ($7.06B), Packaged Medicaments ($1.55B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.48B). During the last 25 years the exports of Spain to Germany have increased at an annualized rate of 3.69%, from $13.7B in 1995 to $34B in 2020.

In 2019, Spain exported services to Germany worth $10.4B, with Travel ($10.4B) being the largest in terms of value.

Germany-Spain In 2020, Germany exported $41.2B to Spain. The main products that Germany exported to Spain were Cars ($3.61B), Motor vehicles; parts and accessories (8701 to 8705) ($1.96B), and Packaged Medicaments ($1.71B). During the last 25 years the exports of Germany to Spain have increased at an annualized rate of 3.6%, from $17B in 1995 to $41.2B in 2020.

In 2018, Germany exported services to Spain worth $8.12B, with Other business services ($2.36B), Transportation ($1.7B), and Computer and information services ($1.58B) being the largest in terms of value.

Comparison In 2020,  Spain ranked 34 in the Economic Complexity Index (ECI 0.76), and 17 in total exports ($298B). That same year, Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Spain exported $34B to Germany. The main products exported from Spain to Germany were Cars ($7.06B), Packaged Medicaments ($1.55B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.48B). During the last 25 years the exports of Spain to Germany have increased at an annualized rate of 3.69%, from $13.7B in 1995 to $34B in 2020.

In 2020, Germany exported $41.2B to Spain. The main products exported from Germany to Spain were Cars ($3.61B), Motor vehicles; parts and accessories (8701 to 8705) ($1.96B), and Packaged Medicaments ($1.71B). During the last 25 years the exports of Germany to Spain have increased at an annualized rate of 3.6%, from $17B in 1995 to $41.2B in 2020.

Market Competitiveness

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Measure

Spain
Top Destination
: France, $47.6B

Germany
Top Destination
: United States, $116B

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 2019, countries that imported more from Spain than Germany were Portugal ($23.8B), Morocco ($8.41B), and Andorra ($1.19B).

In 2019, countries that imported more from Germany than Spain were United States ($116B), China ($106B), and Netherlands ($84.8B).

Comparative Advantage Spain - Germany

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Flow

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

During 2020, Spain had a large net trade with Germany in the exports of Transportation ($11.1B), Vegetable Products ($5.22B), and Machines ($4.06B).

During 2020, Germany had a large net trade with Spain in the exports of Machines ($11.9B), Transportation ($7.41B), and Chemical Products ($6.65B).

Bilateral Service Trade

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In 2019, Spain exported services to Germany worth $10.4B, with Travel ($10.4B) being the largest in terms of value.

In 2018, Germany exported services to Spain worth $8.12B, with Other business services ($2.36B), Transportation ($1.7B), and Computer and information services ($1.58B) 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 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.