2022
Flag
 GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186

About

North Korea-Spain Trade: In 2022, North Korea exported $2.74M to Spain. The main products that North Korea exported to Spain were Orthopedic Appliances ($811k), Medical Instruments ($407k), and Machinery Having Individual Functions ($325k). Over the past 5 years the exports of North Korea to Spain have increased at an annualized rate of 12.3%, from $1.53M in 2017 to $2.74M in 2022.

In 2022, North Korea did not export any services to Spain.

Spain-North Korea Trade: In 2022, Spain exported $285k to North Korea. The main products that Spain exported to North Korea were Polyamides ($171k), Other Knit Garments ($81.1k), and Other Processed Vegetables ($22.5k). Over the past 5 years the exports of Spain to North Korea have decreased at an annualized rate of 21.2%,  from $941k in 2017 to $285k in 2022.

In 2022, Spain did not export any services to North Korea.

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $2.74M to Spain. The main products exported from North Korea to Spain were Orthopedic Appliances ($811k), Medical Instruments ($407k), and Machinery Having Individual Functions ($325k). During the last 5 years the exports of North Korea to Spain have increased at an annualized rate of 12.3%, from $1.53M in 2017 to $2.74M in 2022.

In 2017, Spain exported $285k to North Korea. The main products exported from Spain to North Korea were Polyamides ($171k), Other Knit Garments ($81.1k), and Other Processed Vegetables ($22.5k). During the last 5 years the exports of Spain to North Korea have decreased at an annualized rate of 21.2%, from $941k in 2022 to $285k in 2017.

Exports from North Korea (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to North Korea (Flag) (2022)

Latest Data

Trade between North Korea (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Spain
Top Destination
France$65.2B

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

In 2022, no countries were registered that imported more from North Korea than from Spain.

In 2022, countries that imported more from Spain than North Korea included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Spain

Flow
Scale

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

During 2022, North Korea had a large net trade with Spain in the exports of Instruments ($1.23M), Machines ($465k), and Chemical Products ($356k).

During 2017, Spain had a large net trade with North Korea in the exports of Plastics and Rubbers ($171k), Textiles ($81.1k), and Foodstuffs ($22.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Korea Spain+N/AN/A
Top Product Potential Spain North Korea+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Spain (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with