2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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 GDP
$3.07TCURRENT US$
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2012-2022
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GDP GROWTH
13.5%CURRENT US$
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GDP PC 
$29,350CURRENT US$
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GDP PC GROWTH
3.63%CURRENT US$
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$45,850CURRENT US$
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2012-2022
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7.92%CURRENT US$
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About

Spain-United Kingdom In 2022, Spain exported $22.6B to United Kingdom. The main products that Spain exported to United Kingdom are Cars ($3.44B), Gold ($1.4B), and Delivery Trucks ($732M). During the last 27 years the exports of Spain to United Kingdom have increased at an annualized rate of 4.33%, from $7.18B in 1995 to $22.6B in 2022.

In 2020, Spain exported services to United Kingdom worth $2.9B, with Travel ($2.9B) being the largest in terms of value.

United Kingdom-Spain In 2022, United Kingdom exported $11.9B to Spain. The main products that United Kingdom exported to Spain were Gas Turbines ($930M), Cars ($884M), and Precious Metal Scraps ($678M). During the last 27 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.94%, from $9.23B in 1995 to $11.9B in 2022.

In 2019, United Kingdom exported services to Spain worth $10.9B, with Transportation ($3.93B), Other business services ($2.27B), and Travel ($2.11B) 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $22.6B to United Kingdom. The main products exported from Spain to United Kingdom were Cars ($3.44B), Gold ($1.4B), and Delivery Trucks ($732M). During the last 27 years the exports of Spain to United Kingdom have increased at an annualized rate of 4.33%, from $7.18B in 1995 to $22.6B in 2022.

In 2022, United Kingdom exported $11.9B to Spain. The main products exported from United Kingdom to Spain were Gas Turbines ($930M), Cars ($884M), and Precious Metal Scraps ($678M). During the last 27 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.94%, from $9.23B in 1995 to $11.9B in 2022.

Exports from Spain (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
United Kingdom
Top Destination
United States$61.8B

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

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

In 2021, countries that imported more from United Kingdom than Spain were United States ($61.8B), Ireland ($32.6B), and Netherlands ($41.9B).

Difference in imports from United Kingdom (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - United Kingdom

Flow
Scale

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

During 2022, Spain had a large net trade with United Kingdom in the exports of Transportation ($5.58B), Machines ($2.53B), and Vegetable Products ($2.41B).

During 2022, United Kingdom had a large net trade with Spain in the exports of Machines ($2.49B), Chemical Products ($1.83B), and Transportation ($1.74B).

Service Trade

Bilateral Service Trade

In 2020, Spain exported services to United Kingdom worth $2.9B, with Travel ($2.9B) being the largest in terms of value.

In 2019, United Kingdom exported services to Spain worth $10.9B, with Transportation ($3.93B), Other business services ($2.27B), and Travel ($2.11B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to United Kingdom (Flag) (2020)

Services Exports from United Kingdom (Flag) to Spain (Flag) (2019)

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

Product Space of Spain (Flag) and United Kingdom (Flag) (2022)

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