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Flag Spain / United Kingdom Flag

2020
Flag → Flag
Exports: $18.9B, Rnk 5 / 218

2020
Flag → Flag
Top Product: $3.2B, Cars

2020
Flag → Flag
Exports: $10.9B, Rnk 9 / 221

2020
Flag → Flag
Top Product: $986M, Cars

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

2020
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Economic Complexity (ECI): ECI 1.42, Rnk 13 / 127

2020
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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: $2.76T, CURRENT US$
Rnk 5 / 204

2010-2020
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GDP GROWTH: 10.7%, CURRENT US$
Rnk 139 / 204

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

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

2020
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GDP PC: $41,098, CURRENT US$
Rnk 27 / 204

2010-2020
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GDP PC GROWTH: 3.55%, CURRENT US$
Rnk 127 / 204

About

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Spain-United Kingdom In 2020, Spain exported $18.9B to United Kingdom. The main products that Spain exported to United Kingdom are Cars ($3.2B), Delivery Trucks ($673M), and Motor vehicles; parts and accessories (8701 to 8705) ($542M). During the last 25 years the exports of Spain to United Kingdom have increased at an annualized rate of 3.96%, from $7.16B in 1995 to $18.9B in 2020.

In 2020, Spain exported services to United Kingdom worth $2.9B, with Travel ($2.9B) being the largest in terms of value.

United Kingdom-Spain In 2020, United Kingdom exported $10.9B to Spain. The main products that United Kingdom exported to Spain were Cars ($986M), Packaged Medicaments ($592M), and Special Purpose Ships ($470M). During the last 25 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.65%, from $9.28B in 1995 to $10.9B in 2020.

In 2019, United Kingdom exported services to Spain worth $10.9B, with Transportation ($3.93B), Other business services ($2.27B), and Travel ($2.11B) 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, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B).

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December, 2022

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Overview In December 2022, Spain exported €1.65B and imported €899M from United Kingdom, resulting in a positive trade balance of €749M. Between December 2021 and December 2022 the exports of Spain have increased by €197M (13.6%) from €1.45B to €1.65B, while imports increased by €94M (11.7%) from €805M to €899M.

Trade In December 2022, the top exports of Spain to United Kingdom were Cars (€269M), Gold (€125M), Gas Turbines (€69.4M), Delivery Trucks (€65.4M), and Other Vegetables (€57.6M). In December 2022 the top imports of Spain from United Kingdom were Crude Petroleum (€185M), Cars (€60.5M), Gold (€59.6M), Gas Turbines (€39.6M), and Refined Petroleum (€28.9M).

Origins In December 2022 the exports of Spain were mainly from Barcelona (€357M), Madrid (€348M), Valencia (€147M), Murcia (€83.1M), and Almería (€67.1M), while imports destinations were mainly Madrid (€236M), Barcelona (€123M), Vizcaya (€116M), Salamanca (€63.8M), and Valencia (€53.2M).

Growth In December 2022, the increase in Spain's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Gas Turbines (€62.3M or 878%), Gold (€59.4M or 91.3%), and Precious Metal Scraps (€25.8M or 1.34k%). In December 2022, the increase in Spain's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Gold (€41.2M or 225%), Refined Petroleum (€28.5M or 8.04k%), and Silver (€21.9M or 429k%).

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Flow
Time Scale
Depth
Value

EXPORT GROWTH (December 2021 - December 2022): €197M, (13.6%)

IMPORT GROWTH (December 2021 - December 2022): €94M, (11.7%)

MAIN EXPORTER (December 2022): Barcelona, €357M

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 United Kingdom and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Kingdom 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 $18.9B to United Kingdom. The main products exported from Spain to United Kingdom were Cars ($3.2B), Delivery Trucks ($673M), and Motor vehicles; parts and accessories (8701 to 8705) ($542M). During the last 25 years the exports of Spain to United Kingdom have increased at an annualized rate of 3.96%, from $7.16B in 1995 to $18.9B in 2020.

In 2020, United Kingdom exported $10.9B to Spain. The main products exported from United Kingdom to Spain were Cars ($986M), Packaged Medicaments ($592M), and Special Purpose Ships ($470M). During the last 25 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.65%, from $9.28B in 1995 to $10.9B in 2020.

Market Competitiveness

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Measure

Spain
Top Destination: France, $47.6B

United Kingdom
Top Destination: United States, $51.7B

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

In 2019, countries that imported more from Spain than United Kingdom were France ($47.6B), Portugal ($23.8B), and Italy ($22.8B).

In 2019, countries that imported more from United Kingdom than Spain were United States ($51.7B), Ireland ($26.8B), and Netherlands ($25.1B).

Comparative Advantage Spain - United Kingdom

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Flow
Scale

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

During 2020, Spain had a large net trade with United Kingdom in the exports of Transportation ($5.29B), Vegetable Products ($2.53B), and Machines ($1.86B).

During 2020, United Kingdom had a large net trade with Spain in the exports of Transportation ($2.1B), Machines ($2.06B), and Chemical Products ($2.01B).

Service Trade

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Bilateral Service Trade

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In 2020, Spain exported services to United Kingdom worth $2.9B, with Travel ($2.9B) being the largest in terms of value.

In 2019, United Kingdom exported services to Spain worth $10.9B, with Transportation ($3.93B), Other business services ($2.27B), and Travel ($2.11B) 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 United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Spain.

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