2022
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GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$4.07TCURRENT US$
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2012-2022
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GDP GROWTH
15.5%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%CURRENT US$
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2022
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GDP PC
$48,432CURRENT US$
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2012-2022
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GDP PC GROWTH
10.4%CURRENT US$
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About

Spain-Germany In 2022, Spain exported $39.2B to Germany. The main products that Spain exported to Germany are 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.

Germany-Spain In 2022, Germany exported $49.7B to Spain. The main products that Germany exported 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 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 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Germany
Top Destination
United States$153B

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 ($34.9B), Morocco ($12.1B), and Gibraltar ($2.2B).

In 2021, countries that imported more from Germany than Spain were United States ($153B), China ($109B), and Netherlands ($109B).

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

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

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).

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) (2022)

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