Italy / Spain

Italy-Spain In 2021, Italy exported $29.7B to Spain. The main products that Italy exported to Spain are Refined Petroleum ($1.36B), Motor vehicles; parts and accessories (8701 to 8705) ($1.17B), and Broadcasting Equipment ($1.01B). During the last 26 years the exports of Italy to Spain have increased at an annualized rate of 3.75%, from $11.4B in 1995 to $29.7B in 2021.

In 2020, Italy exported services to Spain worth $2.22B, with Travel ($774M), Other business services ($556M), and Transportation ($297M) being the largest in terms of value.

Spain-Italy In 2021, Spain exported $30.6B to Italy. The main products that Spain exported to Italy were Cars ($3.57B), Pure Olive Oil ($1.11B), and Industrial Fatty Acids, Oils and Alcohols ($986M). During the last 26 years the exports of Spain to Italy have increased at an annualized rate of 5.15%, from $8.29B in 1995 to $30.6B in 2021.

In 2020, Spain exported services to Italy worth $704M, with Travel ($704M) being the largest in terms of value.

Comparison In 2021,  Italy ranked 19 in the Economic Complexity Index (ECI 1.27), and 7 in total exports ($597B). That same year, Spain ranked 35 in the Economic Complexity Index (ECI 0.78), and 16 in total exports ($372B).