Flag Spain / Italy Flag

2019
FlagFlag
Exports
: $25.5B, Rnk 4 / 219

2019
FlagFlag
Top Product
: $3.55B, Cars

2019
FlagFlag
Exports
: $26.7B, Rnk 5 / 224

2019
FlagFlag
Top Product
: $1.12B, Refined Petroleum

2019
Flag
Economic Complexity (ECI)
: ECI 0.85, Rnk 36 / 146

2019
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Economic Complexity (ECI)
: ECI 1.36, Rnk 17 / 146

2019
Flag  
GDP
: $1.39T, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP GROWTH
: -6.2%, CURRENT US$
Rnk 179 / 187

2019
Flag
 GDP
: $2T, CURRENT US$
Rnk 8 / 187

2009-2019
Flag
GDP GROWTH
: -8.56%, CURRENT US$
Rnk 180 / 187

2019
Flag
GDP PC 
: $29,600, CURRENT US$
Rnk 36 / 187

2009-2019
Flag
GDP PC GROWTH
: -7.62%, CURRENT US$
Rnk 174 / 187

2019
Flag
GDP PC
: $33,228, CURRENT US$
Rnk 29 / 187

2009-2019
Flag
GDP PC GROWTH
: -10.4%, CURRENT US$
Rnk 176 / 187

Spain-Italy In 2019, Spain exported $25.5B to Italy. The main products that Spain exported to Italy are Cars ($3.55B), Pure Olive Oil ($1.08B), and Refined Petroleum ($772M). During the last 24 years the exports of Spain to Italy have increased at an annualized rate of 4.9%, from $8.1B in 1995 to $25.5B in 2019.

In 2019, Spain exported services to Italy worth $3.35B, with Travel ($3.35B) being the largest in terms of value.

Italy-Spain In 2019, Italy exported $26.7B to Spain . The main products that Italy exported to Spain were Refined Petroleum ($1.12B), Vehicle Parts ($1.08B), and Broadcasting Equipment ($783M). During the last 24 years the exports of Italy to Spain have increased at an annualized rate of 3.71%, from $11.2B in 1995 to $26.7B in 2019.

In 2018, Italy exported services to Spain worth $3.64B, with Travel ($1.8B), Other business services ($592M), and Transportation ($552M) being the largest in terms of value.

Comparison In 2019,  Spain ranked 36 in the Economic Complexity Index (ECI 0.85), and 16 in total exports ($319B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.36), and 8 in total exports ($525B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, Spain exported $25.5B to Italy. The main products exported from Spain to Italy were Cars ($3.55B), Pure Olive Oil ($1.08B), and Refined Petroleum ($772M). During the last 24 years the exports of Spain to Italy have increased at an annualized rate of 4.9%, from $8.1B in 1995 to $25.5B in 2019.

In 2019, Italy exported $26.7B to Spain. The main products exported from Italy to Spain were Refined Petroleum ($1.12B), Vehicle Parts ($1.08B), and Broadcasting Equipment ($783M). During the last 24 years the exports of Italy to Spain have increased at an annualized rate of 3.71%, from $11.2B in 1995 to $26.7B in 2019.

Market Competitiveness

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Measure

Spain
Top Destination
: France, $47.4B

Italy
Top Destination
: Germany, $64.5B

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

In 2019, countries that imported more from Spain than Italy were Portugal ($25.8B), Morocco ($9.28B), and Andorra ($1.05B).

In 2019, countries that imported more from Italy than Spain were United States ($51.8B), Germany ($64.5B), and Switzerland ($24.5B).

Comparative Advantage Spain - Italy

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Depth

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

During 2019, Spain had a large net trade with Italy in the exports of Transportation ($5B), Chemical Products ($2.86B), and Metals ($2.41B).

During 2019, Italy had a large net trade with Spain in the exports of Machines ($7B), Transportation ($3.06B), and Chemical Products ($2.89B).

Flow

Bilateral Service Trade

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In 2019, Spain exported services to Italy worth $3.35B, with Travel ($3.35B) being the largest in terms of value.

In 2018, Italy exported services to Spain worth $3.64B, with Travel ($1.8B), Other business services ($592M), and Transportation ($552M) 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 red.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Italy. Similarly, the more red a dot/product is, the more Italy has comparative advantage over Spain.