Sign In
Pricing

2022
Flag → Flag
Exports $1.05BRnk 47 / 218
2022
Flag → Flag
Top Product $77.4MSoybean Oil
2022
Flag → Flag
Exports $7.11BRnk 2 / 125
2022
Flag → Flag
Top Product $4.03BPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.64Rnk 95 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH-23.8%CURRENT US$
Rnk 175 / 186

About

Spain-Algeria Trade: In 2022, Spain exported $1.05B to Algeria. The main products that Spain exported to Algeria were Soybean Oil ($77.4M), Other Uncoated Paper ($67.8M), and Prepared Pigments ($52.8M). Over the past 5 years the exports of Spain to Algeria have decreased at an annualized rate of 19.7%, from $3.15B in 2017 to $1.05B in 2022.

In 2022, Spain did not export any services to Algeria.

Algeria-Spain Trade: In 2022, Algeria exported $7.11B to Spain. The main products that Algeria exported to Spain were Petroleum Gas ($4.03B), Crude Petroleum ($2.39B), and Refined Petroleum ($300M). Over the past 5 years the exports of Algeria to Spain have increased at an annualized rate of 10.7%,  from $4.29B in 2017 to $7.11B in 2022.

In 2022, Algeria did not export any services to Spain.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €40.6M and imported €420M from Algeria, resulting in a negative trade balance of €379M. Between August 2023 and August 2024 the exports of Spain have increased by €23.3M (134%) from €17.3M to €40.6M, while imports decreased by €-55.9M (-11.8%) from €476M to €420M.

Trade In August 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 August 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 August 2024 the exports of Spain were mainly from Pontevedra (€10.4M), Alicante (€5.12M), Madrid (€5M), Barcelona (€3.81M), and Sin provincia asignada (€2.73M), while imports destinations were mainly Almería (€184M), Cádiz (€132M), Tarragona (€54.4M), Madrid (€45.9M), and Guipúzcoa (€1.05M).

Growth In August 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 August 2024, the decrease in Spain's year-by-year imports  from Algeria was explained primarily by an decrease in product imports  in Crude Petroleum (€-65.9M or -30.2%), Nitrogenous Fertilizers (€-34.8M or -100%), and Hot-Rolled Iron Bars (€-2.71M or -45.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€23.3M(134%)
IMPORT GROWTH (August 2023 - August 2024)€-55.9M(-11.8%)
MAIN EXPORTER (August 2024)Pontevedra€10.4M

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $1.05B to Algeria. The main products exported from Spain to Algeria were Soybean Oil ($77.4M), Other Uncoated Paper ($67.8M), and Prepared Pigments ($52.8M). During the last 5 years the exports of Spain to Algeria have decreased at an annualized rate of 19.7%, from $3.15B in 2017 to $1.05B in 2022.

In 2017, Algeria exported $7.11B to Spain. The main products exported from Algeria to Spain were Petroleum Gas ($4.03B), Crude Petroleum ($2.39B), and Refined Petroleum ($300M). During the last 5 years the exports of Algeria to Spain have increased at an annualized rate of 10.7%, from $4.29B in 2022 to $7.11B in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Algeria
Top DestinationItaly$16.9B

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 2022, countries that imported more from Spain than Algeria included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Algeria than Spain included South Korea ($2.96B), Tunisia ($1.54B), and Indonesia ($637M).

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

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 2022, Spain had a large net trade with Algeria in the exports of Machines ($191M), Chemical Products ($174M), and Metals ($127M).

During 2017, Algeria had a large net trade with Spain in the exports of Mineral Products ($6.73B), Chemical Products ($275M), and Stone And Glass ($35.2M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms