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Flag Spain / Germany Flag

2020
Flag → Flag
Exports: $34B, Rnk 2 / 218

2020
Flag → Flag
Top Product: $7.06B, Cars

2020
Flag → Flag
Exports: $41.2B, Rnk 12 / 220

2020
Flag → Flag
Top Product: $3.61B, Cars

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

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

2020
Flag  
GDP: $1.28T, CURRENT US$
Rnk 14 / 204

2010-2020
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GDP GROWTH: -9.89%, CURRENT US$
Rnk 182 / 204

2020
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 GDP: $3.85T, CURRENT US$
Rnk 4 / 204

2010-2020
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GDP GROWTH: 13.1%, CURRENT US$
Rnk 136 / 204

2020
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GDP PC : $27,056, CURRENT US$
Rnk 42 / 204

2010-2020
Flag
GDP PC GROWTH: -11.4%, CURRENT US$
Rnk 171 / 204

2020
Flag
GDP PC: $46,253, CURRENT US$
Rnk 20 / 204

2010-2020
Flag
GDP PC GROWTH: 11.3%, CURRENT US$
Rnk 110 / 204

About

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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 2020, Spain exported services to Germany worth $2.46B, with Travel ($2.46B) 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 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 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).

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December, 2022

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Overview In December 2022, Spain exported €2.93B and imported €3.35B from Germany, resulting in a negative trade balance of €419M. Between December 2021 and December 2022 the exports of Spain have increased by €472M (19.2%) from €2.46B to €2.93B, while imports increased by €262M (8.46%) from €3.09B to €3.35B.

Trade In December 2022, the top exports of Spain to Germany were Cars (€525M), Citrus (€143M), Motor vehicles; parts and accessories (8701... (€139M), Other Vegetables (€95.3M), and Delivery Trucks (€77.8M). In December 2022 the top imports of Spain from Germany were Cars (€260M), Motor vehicles; parts and accessories (8701... (€198M), Packaged Medicaments (€116M), Vaccines, blood, antisera, toxins and cultures (€98.2M), and Spark-Ignition Engines (€51.8M).

Origins In December 2022 the exports of Spain were mainly from Barcelona (€747M), Madrid (€291M), Valencia (€227M), Sevilla (€182M), and Almería (€151M), while imports destinations were mainly Madrid (€924M), Barcelona (€789M), Alava (€209M), Valencia (€161M), and Navarra (€126M).

Growth In December 2022, the increase in Spain's year-by-year exports to Germany was explained primarily by an increase in product exports in Cars (€47M or 9.82%), Motor vehicles; parts and accessories (8701... (€14.8M or 11.9%), and Aluminium Bars (€13.5M or 97.7%). In December 2022, the increase in Spain's year-by-year imports  from Germany was explained primarily by an increase in product imports  in Cars (€38.8M or 17.5%), Vaccines, blood, antisera, toxins and cultures (€36.1M or 58.1%), and Video and Card Games (€33.5M or 1.34k%).

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Flow
Time Scale
Depth
Value

EXPORT GROWTH (December 2021 - December 2022): €472M, (19.2%)

IMPORT GROWTH (December 2021 - December 2022): €262M, (8.46%)

MAIN EXPORTER (December 2022): Barcelona, €747M

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 Germany and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Germany and Spain Data

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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
Scale

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).

Service Trade

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Bilateral Service Trade

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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.

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.

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