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2023
Flag → Flag
Exports $356MRnk 76 / 220
2023
Flag → Flag
Top Product $194MDelivery Trucks
2023
Flag → Flag
Exports $6.73BRnk 3 / 124
2023
Flag → Flag
Top Product $4.83BPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.75Rnk 99 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$5,364CURRENT US$
Rnk 121 / 196
2013-2023
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GDP PC GROWTH-10.3%CURRENT US$
Rnk 169 / 195

About

Spain-Algeria Trade: In 2023, Spain exported $356M to Algeria. The main products that Spain exported to Algeria were Delivery Trucks ($194M), Recreational Boats ($29.4M), and Broadcasting Equipment ($12.4M). Over the past 5 years the exports of Spain to Algeria have decreased at an annualized rate of 38.2%, from $3.96B in 2018 to $356M in 2023.

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

Algeria-Spain Trade: In 2023, Algeria exported $6.73B to Spain. The main products that Algeria exported to Spain were Petroleum Gas ($4.83B), Crude Petroleum ($1.59B), and Refined Petroleum ($233M). Over the past 5 years the exports of Algeria to Spain have increased at an annualized rate of 4.08%,  from $5.51B in 2018 to $6.73B in 2023.

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

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €76.4M and imported €813M from Algeria, resulting in a negative trade balance of €737M. Between November 2023 and November 2024 the exports of Spain have increased by €40.9M (115%) from €35.5M to €76.4M, while imports increased by €273M (50.5%) from €540M to €813M.

Trade In November 2024, the top exports of Spain to Algeria were Telephones (€895k), Washing and Bottling Machines (€846k), Electrical Power Accessories (€746k), Cars (€656k), and Air Pumps (€448k). In November 2024 the top imports of Spain from Algeria were Petroleum Gas (€440M), Crude Petroleum (€153M), Float Glass (€4.65M), Hot-Rolled Iron Bars (€3.29M), and Hydrogen (€1.09M).

Origins In November 2024 the exports of Spain were mainly from Pontevedra (€20.6M), Barcelona (€8.12M), Madrid (€6.06M), Murcia (€5.86M), and Sin provincia asignada (€5.45M), while imports destinations were mainly Almería (€432M), Madrid (€128M), Huelva (€107M), Tarragona (€48.6M), and Barcelona (€46M).

Growth In November 2024, the increase in Spain's year-by-year exports to Algeria was explained primarily by an increase in product exports in Rubberworking Machinery (€288k or 718%), Perfumes (€285k or 654%), and Shaving Products (€242k or 655%). In November 2024, the increase in Spain's year-by-year imports  from Algeria was explained primarily by an increase in product imports  in Petroleum Gas (€141M or 47.1%), Float Glass (€2.17M or 87.5%), and Hydrogen (€856k or 361%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€40.9M(115%)
IMPORT GROWTH (November 2023 - November 2024)€273M(50.5%)
MAIN EXPORTER (November 2024)Pontevedra€20.6M

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 Algeria and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Algeria and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $356M to Algeria. The main products exported from Spain to Algeria were Delivery Trucks ($194M), Recreational Boats ($29.4M), and Broadcasting Equipment ($12.4M). During the last 5 years the exports of Spain to Algeria have decreased at an annualized rate of 38.2%, from $3.96B in 2018 to $356M in 2023.

In 2018, Algeria exported $6.73B to Spain. The main products exported from Algeria to Spain were Petroleum Gas ($4.83B), Crude Petroleum ($1.59B), and Refined Petroleum ($233M). During the last 5 years the exports of Algeria to Spain have increased at an annualized rate of 4.08%, from $5.51B in 2023 to $6.73B in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Algeria
Top DestinationItaly$15.2B

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

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

In 2023, countries that imported more from Algeria than Spain included Tunisia ($1.81B) and Niger ($35.4M).

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

Comparative Advantage Spain - Algeria

Flow
Scale

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

During 2023, Spain had a large net trade with Algeria in the exports of Transportation ($235M), Machines ($40.9M), and Chemical Products ($24M).

During 2018, Algeria had a large net trade with Spain in the exports of Mineral Products ($6.65B), Metals ($21.1M), and Chemical Products ($19.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Algeria+$19.6MCars
Top Product Potential Algeria Spain+$954MCrude Petroleum

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 Algeria. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Spain.

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

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