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 $586MRnk 62 / 218
2022
Flag → Flag
Top Product $29.5MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $3.59BRnk 23 / 152
2022
Flag → Flag
Top Product $572MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
Flag
Economic Complexity (ECI) ECI 0.062Rnk 60 / 124
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Spain-Vietnam In 2022, Spain exported $586M to Vietnam. The main products that Spain exported to Vietnam are Vaccines, blood, antisera, toxins and cultures ($29.5M), Prepared Pigments ($27M), and Packaged Medicaments ($24.3M). During the last 27 years the exports of Spain to Vietnam have increased at an annualized rate of 15.2%, from $12.8M in 1995 to $586M in 2022.

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

Vietnam-Spain In 2022, Vietnam exported $3.59B to Spain. The main products that Vietnam exported to Spain were Broadcasting Equipment ($572M), Coated Flat-Rolled Iron ($249M), and Coffee ($234M). During the last 27 years the exports of Vietnam to Spain have increased at an annualized rate of 15.5%, from $73.2M in 1995 to $3.59B in 2022.

In 2022, Vietnam 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, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €35.5M and imported €414M from Vietnam, resulting in a negative trade balance of €378M. Between January 2023 and January 2024 the exports of Spain have increased by €5.55M (18.5%) from €30M to €35.5M, while imports increased by €35.8M (9.47%) from €378M to €414M.

Trade In January 2024, the top exports of Spain to Vietnam were Other Edible Preparations (€2M), Prepared Pigments (€1.31M), Vaccines, blood, antisera, toxins and cultures (€1.24M), Knit Women's Suits (€1.24M), and Non-Knit Women's Suits (€1.07M). In January 2024 the top imports of Spain from Vietnam were Telephones (€80.6M), Textile Footwear (€35M), Coffee (€26.2M), Rubber Footwear (€22.6M), and Leather Footwear (€18.8M).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€11.6M), Madrid (€4.27M), Girona (€2.05M), Vizcaya (€2.02M), and Tarragona (€1.96M), while imports destinations were mainly Madrid (€150M), Barcelona (€102M), Zaragoza (€36.6M), Valencia (€24M), and Alicante (€14.3M).

Growth In January 2024, the increase in Spain's year-by-year exports to Vietnam was explained primarily by an increase in product exports in Liquid Pumps (€875k or 2.34k%), Other Edible Preparations (€807k or 67.5%), and Beauty Products (€744k or 251%). In January 2024, the increase in Spain's year-by-year imports  from Vietnam was explained primarily by an increase in product imports  in Textile Footwear (€16.4M or 88.2%), Telephones (€14.8M or 22.5%), and Rubber Footwear (€11.1M or 97.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€5.55M(18.5%)
IMPORT GROWTH (January 2023 - January 2024)€35.8M(9.47%)
MAIN EXPORTER (January 2024)Barcelona€11.6M

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 Vietnam and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Vietnam 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 $586M to Vietnam. The main products exported from Spain to Vietnam were Vaccines, blood, antisera, toxins and cultures ($29.5M), Prepared Pigments ($27M), and Packaged Medicaments ($24.3M). During the last 27 years the exports of Spain to Vietnam have increased at an annualized rate of 15.2%, from $12.8M in 1995 to $586M in 2022.

In 2022, Vietnam exported $3.59B to Spain. The main products exported from Vietnam to Spain were Broadcasting Equipment ($572M), Coated Flat-Rolled Iron ($249M), and Coffee ($234M). During the last 27 years the exports of Vietnam to Spain have increased at an annualized rate of 15.5%, from $73.2M in 1995 to $3.59B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Vietnam
Top DestinationUnited States$117B

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

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

In 2021, countries that imported more from Vietnam than Spain were United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Spain - Vietnam

Flow
Scale

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

During 2022, Spain had a large net trade with Vietnam in the exports of Chemical Products ($151M), Machines ($121M), and Textiles ($66.4M).

During 2022, Vietnam had a large net trade with Spain in the exports of Machines ($1B), Textiles ($594M), and Footwear and Headwear ($535M).

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

Product Space of Spain (Flag) and Vietnam (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