New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $1.35BRnk 41 / 218
2022
Flag → Flag
Top Product $123MPesticides
2022
Flag → Flag
Exports $7.06BRnk 20 / 138
2022
Flag → Flag
Top Product $4.01BPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Spain-Russia In 2022, Spain exported $1.35B to Russia. The main products that Spain exported to Russia are Pesticides ($123M), Other Processed Vegetables ($64.1M), and Packaged Medicaments ($45.5M). During the last 27 years the exports of Spain to Russia have increased at an annualized rate of 4.82%, from $379M in 1995 to $1.35B in 2022.

In 2020, Spain exported services to Russia worth $151M, with Travel ($151M) being the largest in terms of value.

Russia-Spain In 2022, Russia exported $7.06B to Spain. The main products that Russia exported to Spain were Petroleum Gas ($4.01B), Refined Petroleum ($1.49B), and Coal Briquettes ($356M). During the last 27 years the exports of Russia to Spain have increased at an annualized rate of 6.49%, from $1.29B in 1995 to $7.06B in 2022.

In 2020, Russia exported services to Spain worth $241M, with Transportation ($151M), Other business services ($51.7M), and Computer and information services ($13.8M) 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, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €55M and imported €309M from Russia, resulting in a negative trade balance of €254M. Between January 2023 and January 2024 the exports of Spain have decreased by €-8.72M (-13.7%) from €63.7M to €55M, while imports decreased by €-253M (-45%) from €562M to €309M.

Trade In January 2024, the top exports of Spain to Russia were Packaged Medicaments (€6.76M), Other Processed Vegetables (€4.11M), Vaccines, blood, antisera, toxins and cultures (€3.47M), Perfumes (€3.37M), and Wine (€2.78M). In January 2024 the top imports of Spain from Russia were Petroleum Gas (€390M), Refined Petroleum (€97.6M), Mixed Mineral or Chemical Fertilizers (€11.3M), Wheat (€10M), and Raw Aluminium (€8.53M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€15.8M), Valencia (€4.23M), Sevilla (€4M), Guipúzcoa (€3.76M), and Burgos (€3.33M), while imports destinations were mainly Madrid (€155M), Vizcaya (€91.3M), A Coruña (€35.5M), Álava (€8.22M), and Tarragona (€4.87M).

Growth In January 2024, the decrease in Spain's year-by-year exports to Russia was explained primarily by an decrease in product exports in Valves (€-11.3M or -100%), Non-Knit Women's Suits (€-9.75M or -87.1%), and Knit Sweaters (€-4.79M or -92.4%). In January 2024, the decrease in Spain's year-by-year imports  from Russia was explained primarily by an decrease in product imports  in Refined Petroleum (€-124M or -55.9%), Nitrogenous Fertilizers (€-11.9M or -82.4%), and Synthetic Rubber (€-4.96M or -89.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-8.72M(-13.7%)
IMPORT GROWTH (January 2023 - January 2024)€-253M(-45%)
MAIN EXPORTER (January 2024)Barcelona€15.8M

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 Russia and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Russia and Spain Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $1.35B to Russia. The main products exported from Spain to Russia were Pesticides ($123M), Other Processed Vegetables ($64.1M), and Packaged Medicaments ($45.5M). During the last 27 years the exports of Spain to Russia have increased at an annualized rate of 4.82%, from $379M in 1995 to $1.35B in 2022.

In 2022, Russia exported $7.06B to Spain. The main products exported from Russia to Spain were Petroleum Gas ($4.01B), Refined Petroleum ($1.49B), and Coal Briquettes ($356M). During the last 27 years the exports of Russia to Spain have increased at an annualized rate of 6.49%, from $1.29B in 1995 to $7.06B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Russia
Top DestinationChina$101B

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

In 2021, countries that imported more from Spain than Russia were France ($65.2B), Portugal ($34.9B), and United Kingdom ($22.6B).

In 2021, countries that imported more from Russia than Spain were China ($101B), India ($40.4B), and Turkey ($25.3B).

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

Comparative Advantage Spain - Russia

Flow
Scale

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

During 2022, Spain had a large net trade with Russia in the exports of Chemical Products ($402M), Machines ($284M), and Foodstuffs ($197M).

During 2022, Russia had a large net trade with Spain in the exports of Mineral Products ($6.23B), Metals ($273M), and Chemical Products ($208M).

Service Trade

Bilateral Service Trade

In 2020, Spain exported services to Russia worth $151M, with Travel ($151M) being the largest in terms of value.

In 2020, Russia exported services to Spain worth $241M, with Transportation ($151M), Other business services ($51.7M), and Computer and information services ($13.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Russia (Flag) (2020)

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

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

Keep Exploring

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