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2023
Flag → Flag
Exports $1.85MRnk 30 / 123
2023
Flag → Flag
Top Product $278kKnit Sweaters
2023
Flag → Flag
Exports $70.2MRnk 125 / 220
2023
Flag → Flag
Top Product $16.5MTrunks and Cases
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC $67,477CURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP PC GROWTH-22.5%CURRENT US$
Rnk 181 / 195
2023
Flag
GDP PC$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Macau-Spain Trade: In 2023, Macau exported $1.85M to Spain. The main products that Macau exported to Spain were Knit Sweaters ($278k), Knit T-shirts ($259k), and Knit Men's Undergarments ($164k). Over the past 5 years the exports of Macau to Spain have decreased at an annualized rate of 16.3%, from $4.52M in 2018 to $1.85M in 2023.

In 2023, Macau did not export any services to Spain.

Spain-Macau Trade: In 2023, Spain exported $70.2M to Macau. The main products that Spain exported to Macau were Trunks and Cases ($16.5M), Packaged Medicaments ($13.7M), and Pig Meat ($4.86M). Over the past 5 years the exports of Spain to Macau have increased at an annualized rate of 13.7%,  from $37M in 2018 to $70.2M in 2023.

In 2023, Spain did not export any services to Macau.

Comparison In 2023,  Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index. 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, Macau exported $1.85M to Spain. The main products exported from Macau to Spain were Knit Sweaters ($278k), Knit T-shirts ($259k), and Knit Men's Undergarments ($164k). During the last 5 years the exports of Macau to Spain have decreased at an annualized rate of 16.3%, from $4.52M in 2018 to $1.85M in 2023.

In 2018, Spain exported $70.2M to Macau. The main products exported from Spain to Macau were Trunks and Cases ($16.5M), Packaged Medicaments ($13.7M), and Pig Meat ($4.86M). During the last 5 years the exports of Spain to Macau have increased at an annualized rate of 13.7%, from $37M in 2023 to $70.2M in 2018.

Exports from Macau (Flag) to Spain (Flag) (2023)

Exports from Spain (Flag) to Macau (Flag) (2023)

Latest Data

Trade between Macau (Flag) and Spain (Flag)

Macau Exports

Spain Exports

Market Competitiveness

Color
Macau
Top DestinationHong Kong$1.4B
Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Macau than Spain included Hong Kong ($1.4B).

In 2023, countries that imported more from Spain than Macau included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain (Flag) and Macau (Flag) (2023)

Comparative Advantage Macau - Spain

Flow
Scale

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

During 2023, Macau had a large net trade with Spain in the exports of Textiles ($1.09M), Machines ($353k), and Instruments ($165k).

During 2018, Spain had a large net trade with Macau in the exports of Animal Hides ($20.1M), Chemical Products ($19.3M), and Animal Products ($7.63M).

Economic Complexity

Competitive Landscape

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

Product Space of Macau (Flag) and Spain (Flag) (2023)

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