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Pricing

2022
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Exports $7.45BRnk 13 / 218
2022
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Top Product $1.45BCars
2022
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Exports $9.88BRnk 6 / 219
2022
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Top Product $915MNon-Knit Women's Suits
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
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2022
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 GDP$906BCURRENT US$
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2012-2022
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GDP GROWTH2.89%CURRENT US$
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2022
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GDP PC $29,350CURRENT US$
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2012-2022
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GDP PC GROWTH3.63%CURRENT US$
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2022
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GDP PC$10,616CURRENT US$
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2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
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About

Spain-Turkey In 2022, Spain exported $7.45B to Turkey. The main products that Spain exported to Turkey are Cars ($1.45B), Raw Zinc ($389M), and Cyclic Hydrocarbons ($215M). During the last 27 years the exports of Spain to Turkey have increased at an annualized rate of 9.1%, from $709M in 1995 to $7.45B in 2022.

In 2009, Spain exported services to Turkey worth $828M, with Services not allocated ($471M), Travel ($190M), and Transportation ($167M) being the largest in terms of value.

Turkey-Spain In 2022, Turkey exported $9.88B to Spain. The main products that Turkey exported to Spain were Non-Knit Women's Suits ($915M), Cars ($843M), and Refined Petroleum ($416M). During the last 27 years the exports of Turkey to Spain have increased at an annualized rate of 12.5%, from $412M in 1995 to $9.88B in 2022.

In 2009, Turkey exported services to Spain worth $229M, with Travel ($198M), Insurance services ($23.8M), and Other business services ($7.23M) 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, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €610M and imported €777M from Turkey, resulting in a negative trade balance of €167M. Between January 2023 and January 2024 the exports of Spain have increased by €39.6M (6.94%) from €571M to €610M, while imports increased by €29.4M (3.93%) from €748M to €777M.

Trade In January 2024, the top exports of Spain to Turkey were Cars (€151M), Raw Zinc (€23.1M), Coal Briquettes (€19M), Refined Petroleum (€15.2M), and Combustion Engines (€12.7M). In January 2024 the top imports of Spain from Turkey were Cars (€74.1M), Non-Knit Women's Suits (€47.2M), Refined Petroleum (€38.5M), Knit Sweaters (€32M), and Motor vehicles; parts and accessories (8701... (€31.9M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€118M), Madrid (€96.3M), Pontevedra (€90.8M), Valencia (€43.6M), and Zaragoza (€37M), while imports destinations were mainly Barcelona (€154M), Madrid (€145M), Valencia (€125M), A Coruña (€47.3M), and Zaragoza (€43.9M).

Growth In January 2024, the increase in Spain's year-by-year exports to Turkey was explained primarily by an increase in product exports in Cars (€88.5M or 142%), Delivery Trucks (€6.23M or 133%), and Non-Knit Women's Suits (€5.73M or 117%). In January 2024, the increase in Spain's year-by-year imports  from Turkey was explained primarily by an increase in product imports  in Carbonates (€20.5M or 230%), Refined Petroleum (€17.6M or 84.6%), and Buses (€9.55M or 727%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€39.6M(6.94%)
IMPORT GROWTH (January 2023 - January 2024)€29.4M(3.93%)
MAIN EXPORTER (January 2024)Barcelona€118M

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 Turkey 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 $7.45B to Turkey. The main products exported from Spain to Turkey were Cars ($1.45B), Raw Zinc ($389M), and Cyclic Hydrocarbons ($215M). During the last 27 years the exports of Spain to Turkey have increased at an annualized rate of 9.1%, from $709M in 1995 to $7.45B in 2022.

In 2022, Turkey exported $9.88B to Spain. The main products exported from Turkey to Spain were Non-Knit Women's Suits ($915M), Cars ($843M), and Refined Petroleum ($416M). During the last 27 years the exports of Turkey to Spain have increased at an annualized rate of 12.5%, from $412M in 1995 to $9.88B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Turkey
Top DestinationGermany$21.9B

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

In 2021, countries that imported more from Spain than Turkey were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Turkey than Spain were Iraq ($13.7B), Russia ($9.24B), and Romania ($7.88B).

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

Comparative Advantage Spain - Turkey

Flow
Scale

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

During 2022, Spain had a large net trade with Turkey in the exports of Transportation ($2.1B), Metals ($1.11B), and Chemical Products ($984M).

During 2022, Turkey had a large net trade with Spain in the exports of Textiles ($3.23B), Transportation ($1.63B), and Machines ($1.21B).

Service Trade

Bilateral Service Trade

Tur Year

In 2009, Spain exported services to Turkey worth $828M, with Services not allocated ($471M), Travel ($190M), and Transportation ($167M) being the largest in terms of value.

In 2009, Turkey exported services to Spain worth $229M, with Travel ($198M), Insurance services ($23.8M), and Other business services ($7.23M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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 Turkey. Similarly, the more yellow a dot/product is, the more Turkey has comparative advantage over Spain.

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

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