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Pricing

2022
Flag → Flag
Exports $8.51BRnk 11 / 218
2022
Flag → Flag
Top Product $1.2BCopper Ore
2022
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Exports $47BRnk 25 / 211
2022
Flag → Flag
Top Product $3.29BSemiconductor Devices
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI 1.01Rnk 24 / 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$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 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$12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Spain-China In 2022, Spain exported $8.51B to China. The main products that Spain exported to China are Copper Ore ($1.2B), Pig Meat ($1.05B), and Packaged Medicaments ($620M). During the last 27 years the exports of Spain to China have increased at an annualized rate of 8.44%, from $954M in 1995 to $8.51B in 2022.

In 2018, Spain exported services to China worth $0, with being the largest in terms of value.

China-Spain In 2022, China exported $47B to Spain. The main products that China exported to Spain were Semiconductor Devices ($3.29B), Broadcasting Equipment ($2.07B), and Electric Batteries ($1.81B). During the last 27 years the exports of China to Spain have increased at an annualized rate of 12.6%, from $1.93B in 1995 to $47B in 2022.

In 2022, China 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, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €533M and imported €3.32B from China, resulting in a negative trade balance of €2.79B. Between January 2023 and January 2024 the exports of Spain have increased by €75.6M (16.5%) from €457M to €533M, while imports decreased by €-907M (-21.4%) from €4.23B to €3.32B.

Trade In January 2024, the top exports of Spain to China were Pig Meat (€81M), Edible Offal (€43.7M), Ethylene Polymers (€32.5M), Packaged Medicaments (€25.8M), and Scrap Copper (€18.4M). In January 2024 the top imports of Spain from China were Cars (€271M), Semiconductor Devices (€237M), Electric Batteries (€197M), Telephones (€180M), and Computers (€139M).

Origins In January 2024 the exports of Spain were mainly from Huelva (€109M), Barcelona (€78.8M), Madrid (€46.1M), Murcia (€34.9M), and Zaragoza (€34.4M), while imports destinations were mainly Barcelona (€958M), Madrid (€821M), Valencia (€275M), Zaragoza (€146M), and A Coruña (€125M).

Growth In January 2024, the increase in Spain's year-by-year exports to China was explained primarily by an increase in product exports in Ethylene Polymers (€26M or 398%), Packaged Medicaments (€12.8M or 98.5%), and Edible Offal (€8.82M or 25.3%). In January 2024, the decrease in Spain's year-by-year imports  from China was explained primarily by an decrease in product imports  in Computers (€-91.5M or -39.7%), Laboratory Reagents (€-50.8M or -94.7%), and Inedible Fats and Oils (€-26.9M or -69.2%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€75.6M(16.5%)
IMPORT GROWTH (January 2023 - January 2024)€-907M(-21.4%)
MAIN EXPORTER (January 2024)Huelva€109M

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 China 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 $8.51B to China. The main products exported from Spain to China were Copper Ore ($1.2B), Pig Meat ($1.05B), and Packaged Medicaments ($620M). During the last 27 years the exports of Spain to China have increased at an annualized rate of 8.44%, from $954M in 1995 to $8.51B in 2022.

In 2022, China exported $47B to Spain. The main products exported from China to Spain were Semiconductor Devices ($3.29B), Broadcasting Equipment ($2.07B), and Electric Batteries ($1.81B). During the last 27 years the exports of China to Spain have increased at an annualized rate of 12.6%, from $1.93B in 1995 to $47B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
China
Top DestinationUnited States$551B

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

In 2021, countries that imported more from Spain than China were Portugal ($34.9B), France ($65.2B), and Morocco ($12.1B).

In 2021, countries that imported more from China than Spain were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Spain - China

Flow
Scale

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

During 2022, Spain had a large net trade with China in the exports of Animal Products ($1.88B), Mineral Products ($1.57B), and Chemical Products ($1.25B).

During 2022, China had a large net trade with Spain in the exports of Machines ($17.9B), Textiles ($5.45B), and Miscellaneous ($4.17B).

Service Trade

Bilateral Service Trade

In 2018, Spain exported services to China worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to China (Flag) (2018)

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

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

Keep Exploring

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