2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Spain-Greece In 2022, Spain exported $3.16B to Greece. The main products that Spain exported to Greece are Refined Petroleum ($253M), Cars ($227M), and Cyclic Hydrocarbons ($127M). During the last 27 years the exports of Spain to Greece have increased at an annualized rate of 4.53%, from $956M in 1995 to $3.16B in 2022.

In 2009, Spain exported services to Greece worth $831M, with Services not allocated ($527M), Travel ($176M), and Transportation ($128M) being the largest in terms of value.

Greece-Spain In 2022, Greece exported $1.92B to Spain. The main products that Greece exported to Spain were Refined Petroleum ($497M), Non-fillet Fresh Fish ($212M), and Computers ($182M). During the last 27 years the exports of Greece to Spain have increased at an annualized rate of 5.78%, from $422M in 1995 to $1.92B in 2022.

In 2020, Greece exported services to Spain worth $406M, with Transportation ($271M), Travel ($51.4M), and Other business services ($45.6M) 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, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $3.16B to Greece. The main products exported from Spain to Greece were Refined Petroleum ($253M), Cars ($227M), and Cyclic Hydrocarbons ($127M). During the last 27 years the exports of Spain to Greece have increased at an annualized rate of 4.53%, from $956M in 1995 to $3.16B in 2022.

In 2022, Greece exported $1.92B to Spain. The main products exported from Greece to Spain were Refined Petroleum ($497M), Non-fillet Fresh Fish ($212M), and Computers ($182M). During the last 27 years the exports of Greece to Spain have increased at an annualized rate of 5.78%, from $422M in 1995 to $1.92B in 2022.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Greece
Top Destination
Italy$5.82B

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

In 2021, countries that imported more from Spain than Greece were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Greece than Spain were Cyprus ($2.92B), Bulgaria ($3.62B), and North Macedonia ($1.7B).

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

Comparative Advantage Spain - Greece

Flow
Scale

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

During 2022, Spain had a large net trade with Greece in the exports of Textiles ($451M), Chemical Products ($450M), and Mineral Products ($355M).

During 2022, Greece had a large net trade with Spain in the exports of Mineral Products ($550M), Animal Products ($268M), and Machines ($226M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Greece worth $831M, with Services not allocated ($527M), Travel ($176M), and Transportation ($128M) being the largest in terms of value.

In 2020, Greece exported services to Spain worth $406M, with Transportation ($271M), Travel ($51.4M), and Other business services ($45.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Greece (Flag) (2009)

Services Exports from Greece (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 Greece. Similarly, the more yellow a dot/product is, the more Greece has comparative advantage over Spain.

Product Space of Spain (Flag) and Greece (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with