Italy-Spain In 2020, Italy exported $22B to Spain. The main products that Italy exported to Spain are Motor vehicles; parts and accessories (8701 to 8705) ($1B), Packaged Medicaments ($809M), and Refined Petroleum ($715M). During the last 25 years the exports of Italy to Spain have increased at an annualized rate of 2.68%, from $11.4B in 1995 to $22B in 2020.
In 2018, Italy exported services to Spain worth $3.64B, with Travel ($1.8B), Other business services ($592M), and Transportation ($552M) being the largest in terms of value.
Spain-Italy In 2020, Spain exported $22.8B to Italy. The main products that Spain exported to Italy were Cars ($3.15B), Pure Olive Oil ($839M), and Industrial Fatty Acids, Oils and Alcohols ($591M). During the last 25 years the exports of Spain to Italy have increased at an annualized rate of 4.15%, from $8.25B in 1995 to $22.8B in 2020.
In 2019, Spain exported services to Italy worth $3.35B, with Travel ($3.35B) being the largest in terms of value.
Comparison In 2020, Italy ranked 19 in the Economic Complexity Index (ECI 1.3), and 7 in total exports ($481B). That same year, Spain ranked 34 in the Economic Complexity Index (ECI 0.76), and 17 in total exports ($298B).