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Pricing

2022
Flag → Flag
Exports $285kRnk 204 / 218
2022
Flag → Flag
Top Product $171kPolyamides
2022
Flag → Flag
Exports $2.74MRnk 13 / 86
2022
Flag → Flag
Top Product $811kOrthopedic Appliances
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-North Korea Trade: In 2022, Spain exported $285k to North Korea. The main products that Spain exported to North Korea were Polyamides ($171k), Other Knit Garments ($81.1k), and Other Processed Vegetables ($22.5k). Over the past 5 years the exports of Spain to North Korea have decreased at an annualized rate of 21.2%, from $941k in 2017 to $285k in 2022.

In 2022, Spain did not export any services to North Korea.

North Korea-Spain Trade: In 2022, North Korea exported $2.74M to Spain. The main products that North Korea exported to Spain were Orthopedic Appliances ($811k), Medical Instruments ($407k), and Machinery Having Individual Functions ($325k). Over the past 5 years the exports of North Korea to Spain have increased at an annualized rate of 12.3%,  from $1.53M in 2017 to $2.74M in 2022.

In 2022, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €76.9k and imported €66k from North Korea, resulting in a positive trade balance of €10.9k. Between January 2023 and January 2024 the exports of Spain have increased by €22.5k (41.3%) from €54.4k to €76.9k, while imports decreased by €-408k (-86.1%) from €474k to €66k.

Trade In January 2024, the top exports of Spain to North Korea were Fruit Juice (€54.4k). In January 2024 the top imports of Spain from North Korea were Other Vegetables (€24.5k), Processed Fish (€22k), Medical Instruments (€8.68k), Other Electrical Machinery (€6.06k), and Other Plastic Products (€5.21k).

Origins In January 2024 the exports of Spain were mainly from N/A, while imports destinations were mainly Madrid (€27.7k), León (€17.2k), Murcia (€17k), Barcelona (€2.18k), and Baleares (€1.05k).

Growth In January 2024, the increase in Spain's year-by-year exports to North Korea was explained primarily by an increase in product exports in . In September 2024, the decrease in Spain's year-by-year imports  from North Korea was explained primarily by an decrease in product imports  in Other Electrical Machinery (€-11k or -64.5%), Electrical Ignitions (€-5.22k or -86.2%), and Commodities not elsewhere specified (€-145 or -61.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2023 - January 2024)€22.5k(41.3%)
IMPORT GROWTH (September 2023 - September 2024)€-408k(-86.1%)

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 North Korea 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 2022, Spain exported $285k to North Korea. The main products exported from Spain to North Korea were Polyamides ($171k), Other Knit Garments ($81.1k), and Other Processed Vegetables ($22.5k). During the last 5 years the exports of Spain to North Korea have decreased at an annualized rate of 21.2%, from $941k in 2017 to $285k in 2022.

In 2017, North Korea exported $2.74M to Spain. The main products exported from North Korea to Spain were Orthopedic Appliances ($811k), Medical Instruments ($407k), and Machinery Having Individual Functions ($325k). During the last 5 years the exports of North Korea to Spain have increased at an annualized rate of 12.3%, from $1.53M in 2022 to $2.74M in 2017.

Exports from Spain (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
North Korea
Top DestinationChina$131M

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

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

In 2022, no countries were registered that imported more from North Korea than from Spain.

Difference in imports from North Korea (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - North Korea

Flow
Scale

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

During 2022, Spain had a large net trade with North Korea in the exports of Plastics and Rubbers ($171k), Textiles ($81.1k), and Foodstuffs ($22.5k).

During 2017, North Korea had a large net trade with Spain in the exports of Instruments ($1.23M), Machines ($465k), and Chemical Products ($356k).

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and North Korea (Flag) (2022)

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