Tuvalu (TUV) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Tuvalu-Spain Trade: In 2022, Tuvalu exported $39.6k to Spain. The main products that Tuvalu exported to Spain were Broadcasting Equipment ($39.6k) and Knit Men's Suits ($78). Over the past 5 years the exports of Tuvalu to Spain have increased at an annualized rate of 0.53%, from $38.6k in 2017 to $39.6k in 2022.

In 2022, Tuvalu did not export any services to Spain.

Spain-Tuvalu Trade: In 2022, Spain exported $7.13k to Tuvalu. The main products that Spain exported to Tuvalu were Integrated Circuits ($7.06k) and Knit Women's Coats ($74). Over the past 5 years the exports of Spain to Tuvalu have increased at an annualized rate of 15.5%, from $3.46k in 2017 to $7.13k in 2022.

In 2022, Spain did not export any services to Tuvalu.

Comparison In 2022, Tuvalu ranked 198 in total exports ($72.1M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Tuvalu exported $39.6k to Spain. The main products exported from Tuvalu to Spain were Broadcasting Equipment ($39.6k) and Knit Men's Suits ($78). During the last 5 years the exports of Tuvalu to Spain have increased at an annualized rate of 0.53%, from $38.6k in 2017 to $39.6k in 2022.

In 2017, Spain exported $7.13k to Tuvalu. The main products exported from Spain to Tuvalu were Integrated Circuits ($7.06k) and Knit Women's Coats ($74). During the last 5 years the exports of Spain to Tuvalu have increased at an annualized rate of 15.5%, from $3.46k in 2022 to $7.13k in 2017.

Exports from Tuvalu () to Spain () (2022)

Exports from Spain () to Tuvalu () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tuvalu
Top DestinationThailand$50M

Spain
Top DestinationFrance$65.2B

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

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

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

Difference in imports from Spain () and Tuvalu () (2022)

Comparative Advantage Tuvalu - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tuvalu had a large net trade with Spain in the exports of Machines ($39.6k) and Textiles ($78).

During 2017, Spain had a large net trade with Tuvalu in the exports of Machines ($7.06k) and Textiles ($74).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Tuvalu () to Spain () (2022)

Exports from Spain () to Tuvalu () (2022)

Market Competitiveness

Difference in imports from Spain () and Tuvalu () (2022)

Comparative Advantage Tuvalu - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Tuvalu () and Spain () (2022)

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