2021
Flag  
GDP
$3.12TCURRENT US$
Rnk 6 / 204
2011-2021
Flag
GDP GROWTH
17.1%CURRENT US$
Rnk 124 / 204
2021
Flag
 GDP
$1.43TCURRENT US$
Rnk 14 / 204
2011-2021
Flag
GDP GROWTH
-3.6%CURRENT US$
Rnk 177 / 204
2021
Flag
GDP PC 
$46,586CURRENT US$
Rnk 29 / 204
2011-2021
Flag
GDP PC GROWTH
10.5%CURRENT US$
Rnk 114 / 204
2021
Flag
GDP PC
$30,104CURRENT US$
Rnk 45 / 204
2011-2021
Flag
GDP PC GROWTH
-4.97%CURRENT US$
Rnk 158 / 204

About

United Kingdom-Spain In 2021, United Kingdom exported $11.5B to Spain. The main products that United Kingdom exported to Spain are Gold ($1.58B), Cars ($981M), and Gas Turbines ($498M). During the last 26 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.85%, from $9.24B in 1995 to $11.5B in 2021.

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.

Spain-United Kingdom In 2021, Spain exported $21.6B to United Kingdom. The main products that Spain exported to United Kingdom were Cars ($3.17B), Gold ($1.06B), and Delivery Trucks ($970M). During the last 26 years the exports of Spain to United Kingdom have increased at an annualized rate of 4.35%, from $7.16B in 1995 to $21.6B in 2021.

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

Comparison In 2021,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.43), and 13 in total exports ($420B). That same year, Spain ranked 35 in the Economic Complexity Index (ECI 0.78), and 16 in total exports ($372B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United Kingdom exported $11.5B to Spain. The main products exported from United Kingdom to Spain were Gold ($1.58B), Cars ($981M), and Gas Turbines ($498M). During the last 26 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.85%, from $9.24B in 1995 to $11.5B in 2021.

In 2021, Spain exported $21.6B to United Kingdom. The main products exported from Spain to United Kingdom were Cars ($3.17B), Gold ($1.06B), and Delivery Trucks ($970M). During the last 26 years the exports of Spain to United Kingdom have increased at an annualized rate of 4.35%, from $7.16B in 1995 to $21.6B in 2021.

Exports from United Kingdom (Flag) to Spain (Flag) (2021)

Exports from Spain (Flag) to United Kingdom (Flag) (2021)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$56.1B
Spain
Top Destination
France$59B

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

In 2021, countries that imported more from United Kingdom than Spain were United States ($56.1B), Ireland ($28.4B), and Netherlands ($34.6B).

In 2021, countries that imported more from Spain than United Kingdom were France ($59B), Portugal ($30.5B), and Italy ($30.6B).

Difference in imports from Spain (Flag) and United Kingdom (Flag) (2021)

Comparative Advantage United Kingdom - Spain

Flow
Scale

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

During 2021, United Kingdom had a large net trade with Spain in the exports of Machines ($2.03B), Precious Metals ($2.03B), and Chemical Products ($1.82B).

During 2021, Spain had a large net trade with United Kingdom in the exports of Transportation ($5.92B), Vegetable Products ($2.68B), and Machines ($2.03B).

Service Trade

Bilateral Service Trade

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.

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

Service trade data is presented based on availability.

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

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

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

Product Space of United Kingdom (Flag) and Spain (Flag) (2021)

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