2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

United Kingdom-Spain Trade: In 2023, United Kingdom exported $11.3B to Spain. The main products that United Kingdom exported to Spain were Cars ($1.25B), Precious Metal Scraps ($747M), and Nitrogen Heterocyclic Compounds ($617M). Over the past 5 years the exports of United Kingdom to Spain have decreased at an annualized rate of 3.59%, from $13.6B in 2018 to $11.3B in 2023.

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 Trade: In 2023, Spain exported $25.5B to United Kingdom. The main products that Spain exported to United Kingdom were Cars ($5.06B), Gold ($1.49B), and Delivery Trucks ($1.3B). Over the past 5 years the exports of Spain to United Kingdom have increased at an annualized rate of 3.03%,  from $22B in 2018 to $25.5B in 2023.

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

Comparison: In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $11.3B to Spain. The main products exported from United Kingdom to Spain were Cars ($1.25B), Precious Metal Scraps ($747M), and Nitrogen Heterocyclic Compounds ($617M). During the last 5 years the exports of United Kingdom to Spain have decreased at an annualized rate of 3.59%, from $13.6B in 2018 to $11.3B in 2023.

In 2018, Spain exported $25.5B to United Kingdom. The main products exported from Spain to United Kingdom were Cars ($5.06B), Gold ($1.49B), and Delivery Trucks ($1.3B). During the last 5 years the exports of Spain to United Kingdom have increased at an annualized rate of 3.03%, from $22B in 2023 to $25.5B in 2018.

Exports from United Kingdom (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Spain
Top Destination
France$61.9B

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 2023, countries that imported more from United Kingdom than Spain included United States ($59.7B), China ($35.3B), and Ireland ($29.1B).

In 2023, countries that imported more from Spain than United Kingdom included Portugal ($38.1B), France ($61.9B), and Italy ($34.7B).

Difference in imports from Spain (Flag) and United Kingdom (Flag) (2023)

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 2023, United Kingdom had a large net trade with Spain in the exports of Chemical Products ($2.35B), Transportation ($2.24B), and Machines ($1.88B).

During 2018, Spain had a large net trade with United Kingdom in the exports of Transportation ($7.99B), Vegetable Products ($2.86B), and Machines ($2.57B).

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)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Spain. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Spain (Flag) (2023)

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