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Pricing

2022
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Exports $511MRnk 67 / 218
2022
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Top Product $33.1MPesticides
2022
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Exports $1.63BRnk 8 / 191
2022
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Top Product $662MCorn
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI 0.5Rnk 43 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Spain-Ukraine In 2022, Spain exported $511M to Ukraine. The main products that Spain exported to Ukraine are Pesticides ($33.1M), Cars ($22.9M), and Non-fillet Frozen Fish ($21.4M). During the last 27 years the exports of Spain to Ukraine have increased at an annualized rate of 9.37%, from $45.6M in 1995 to $511M in 2022.

In 2022, Spain did not export any services to Ukraine.

Ukraine-Spain In 2022, Ukraine exported $1.63B to Spain. The main products that Ukraine exported to Spain were Corn ($662M), Seed Oils ($266M), and Wheat ($230M). During the last 27 years the exports of Ukraine to Spain have increased at an annualized rate of 10.3%, from $116M in 1995 to $1.63B in 2022.

In 2022, Ukraine did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €40.4M and imported €422M from Ukraine, resulting in a negative trade balance of €381M. Between January 2023 and January 2024 the exports of Spain have decreased by €-7.25M (-15.2%) from €47.7M to €40.4M, while imports increased by €168M (66.2%) from €254M to €422M.

Trade In January 2024, the top exports of Spain to Ukraine were Electric Generating Sets (€8.27M), Explosive Ammunition (€5.46M), Cars (€4.72M), Sunflower Seeds (€2.44M), and Other Processed Vegetables (€1.27M). In January 2024 the top imports of Spain from Ukraine were Wheat (€101M), Corn (€74.7M), Seed Oils (€25.4M), Soybeans (€12.1M), and Audio Alarms (€8.89M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€5.46M), Madrid (€4.45M), Pontevedra (€4.39M), Valencia (€3.67M), and Girona (€3.15M), while imports destinations were mainly Tarragona (€116M), Murcia (€65.1M), Madrid (€42.3M), Barcelona (€31.1M), and Valencia (€29.7M).

Growth In January 2024, the decrease in Spain's year-by-year exports to Ukraine was explained primarily by an decrease in product exports in Mixed Mineral or Chemical Fertilizers (€-3.5M or -98%), Pesticides (€-2.93M or -81.4%), and Delivery Trucks (€-2.79M or -75.3%). In January 2024, the increase in Spain's year-by-year imports  from Ukraine was explained primarily by an increase in product imports  in Wheat (€82.7M or 456%), Audio Alarms (€8.89M or 771k%), and Other Vegetable Residues (€3.22M or 97.9%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-7.25M(-15.2%)
IMPORT GROWTH (January 2023 - January 2024)€168M(66.2%)
MAIN EXPORTER (January 2024)Barcelona€5.46M

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 Ukraine 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 $511M to Ukraine. The main products exported from Spain to Ukraine were Pesticides ($33.1M), Cars ($22.9M), and Non-fillet Frozen Fish ($21.4M). During the last 27 years the exports of Spain to Ukraine have increased at an annualized rate of 9.37%, from $45.6M in 1995 to $511M in 2022.

In 2022, Ukraine exported $1.63B to Spain. The main products exported from Ukraine to Spain were Corn ($662M), Seed Oils ($266M), and Wheat ($230M). During the last 27 years the exports of Ukraine to Spain have increased at an annualized rate of 10.3%, from $116M in 1995 to $1.63B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Ukraine
Top DestinationPoland$6.7B

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

In 2021, countries that imported more from Spain than Ukraine were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Ukraine than Spain were Romania ($3.94B), Moldova ($929M), and Bulgaria ($1.48B).

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

Comparative Advantage Spain - Ukraine

Flow
Scale

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

During 2022, Spain had a large net trade with Ukraine in the exports of Chemical Products ($107M), Foodstuffs ($70.2M), and Transportation ($57.4M).

During 2022, Ukraine had a large net trade with Spain in the exports of Vegetable Products ($1.03B), Animal and Vegetable Bi-Products ($267M), and Metals ($114M).

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

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

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