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Pricing

2023
Flag → Flag
Exports $70.2MRnk 125 / 220
2023
Flag → Flag
Top Product $16.5MTrunks and Cases
2023
Flag → Flag
Exports $1.85MRnk 30 / 123
2023
Flag → Flag
Top Product $278kKnit Sweaters
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH-11.1%CURRENT US$
Rnk 182 / 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$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH-22.5%CURRENT US$
Rnk 181 / 195

About

Spain-Macau Trade: In 2023, Spain exported $70.2M to Macau. The main products that Spain exported to Macau were Trunks and Cases ($16.5M), Packaged Medicaments ($13.7M), and Pig Meat ($4.86M). Over the past 5 years the exports of Spain to Macau have increased at an annualized rate of 13.7%, from $37M in 2018 to $70.2M in 2023.

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

Macau-Spain Trade: In 2023, Macau exported $1.85M to Spain. The main products that Macau exported to Spain were Knit Sweaters ($278k), Knit T-shirts ($259k), and Knit Men's Undergarments ($164k). Over the past 5 years the exports of Macau to Spain have decreased at an annualized rate of 16.3%,  from $4.52M in 2018 to $1.85M in 2023.

In 2023, Macau 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, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €1.21M and imported €473k from Macau, resulting in a positive trade balance of €742k. Between November 2023 and November 2024 the exports of Spain have decreased by €-856k (-41.4%) from €2.07M to €1.21M, while imports increased by €355k (303%) from €117k to €473k.

Trade In November 2024, the top exports of Spain to Macau were Trunks and Cases (€1.78M), Jewellery (€332k), Precious Metal Watches (€295k), Other Knit Clothing Accessories (€278k), and Other Knit Garments (€252k). In November 2024 the top imports of Spain from Macau were Knit T-shirts (€87k), Knit Men's Shirts (€51.7k), Hydrometers (€26.3k), Knit Sweaters (€26.1k), and Low-voltage Protection Equipment (€22.2k).

Origins In November 2024 the exports of Spain were mainly from Madrid (€672k), Barcelona (€457k), Valencia (€32.5k), Cádiz (€26.9k), and Murcia (€7.92k), while imports destinations were mainly Pontevedra (€341k), Madrid (€102k), Barcelona (€27.7k), Baleares (€807), and Almería (€506).

Growth In November 2024, the decrease in Spain's year-by-year exports to Macau was explained primarily by an decrease in product exports in Base Metal Watches (€-325k or -92.9%), Knit Sweaters (€-132k or -69.5%), and Scarves (€-123k or -87.9%). In November 2024, the increase in Spain's year-by-year imports  from Macau was explained primarily by an increase in product imports  in Knit T-shirts (€86.9k or 58.7k%), Knit Sweaters (€21.4k or 454%), and Knit Women's Shirts (€7.13k or 1.28k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-856k(-41.4%)
IMPORT GROWTH (November 2023 - November 2024)€355k(303%)
MAIN EXPORTER (November 2024)Madrid€672k

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 Macau and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $70.2M to Macau. The main products exported from Spain to Macau were Trunks and Cases ($16.5M), Packaged Medicaments ($13.7M), and Pig Meat ($4.86M). During the last 5 years the exports of Spain to Macau have increased at an annualized rate of 13.7%, from $37M in 2018 to $70.2M in 2023.

In 2018, Macau exported $1.85M to Spain. The main products exported from Macau to Spain were Knit Sweaters ($278k), Knit T-shirts ($259k), and Knit Men's Undergarments ($164k). During the last 5 years the exports of Macau to Spain have decreased at an annualized rate of 16.3%, from $4.52M in 2023 to $1.85M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Macau
Top DestinationHong Kong$1.4B

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

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

In 2023, countries that imported more from Macau than Spain included Hong Kong ($1.4B).

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

Comparative Advantage Spain - Macau

Flow
Scale

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

During 2023, Spain had a large net trade with Macau in the exports of Animal Hides ($20.1M), Chemical Products ($19.3M), and Animal Products ($7.63M).

During 2018, Macau had a large net trade with Spain in the exports of Textiles ($1.09M), Machines ($353k), and Instruments ($165k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Macau. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Macau. Similarly, a dot/product with the flag of Macau indicates it has a comparative advantage over Spain.

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

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