Flag United States / Spain Flag

2020
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Exports
: $13.7B, Rnk 20 / 218

2020
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Top Product
: $1.87B, Packaged Medicaments

2020
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Exports
: $14.3B, Rnk 6 / 218

2020
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Top Product
: $744M, Refined Petroleum

2020
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Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
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Economic Complexity (ECI)
: ECI 0.76, Rnk 34 / 127

2020
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GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
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GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
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 GDP
: $1.28T, CURRENT US$
Rnk 14 / 195

2010-2020
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GDP GROWTH
: -9.8%, CURRENT US$
Rnk 174 / 195

2020
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GDP PC 
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
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GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

2020
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GDP PC
: $27,063, CURRENT US$
Rnk 36 / 195

2010-2020
Flag
GDP PC GROWTH
: -11.3%, CURRENT US$
Rnk 164 / 195

United States-Spain In 2020, United States exported $13.7B to Spain. The main products that United States exported to Spain are Packaged Medicaments ($1.87B), Petroleum Gas ($1.2B), and Crude Petroleum ($1.01B). During the last 25 years the exports of United States to Spain have increased at an annualized rate of 2.94%, from $6.63B in 1995 to $13.7B in 2020.

In 2011, United States exported services to Spain worth $5.17B, with Travel ($2.12B), Royalties and license fees ($1.66B), and Transportation ($1.06B) being the largest in terms of value.

Spain-United States In 2020, Spain exported $14.3B to United States . The main products that Spain exported to United States were Refined Petroleum ($744M), Cars ($560M), and Packaged Medicaments ($507M). During the last 25 years the exports of Spain to United States have increased at an annualized rate of 5.34%, from $3.91B in 1995 to $14.3B in 2020.

In 2019, Spain exported services to United States worth $4.03B, with Travel ($4.03B) being the largest in terms of value.

Comparison In 2020,  United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T). That same year, Spain ranked 34 in the Economic Complexity Index (ECI 0.76), and 17 in total exports ($298B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, United States exported $13.7B to Spain. The main products exported from United States to Spain were Packaged Medicaments ($1.87B), Petroleum Gas ($1.2B), and Crude Petroleum ($1.01B). During the last 25 years the exports of United States to Spain have increased at an annualized rate of 2.94%, from $6.63B in 1995 to $13.7B in 2020.

In 2020, Spain exported $14.3B to United States. The main products exported from Spain to United States were Refined Petroleum ($744M), Cars ($560M), and Packaged Medicaments ($507M). During the last 25 years the exports of Spain to United States have increased at an annualized rate of 5.34%, from $3.91B in 1995 to $14.3B in 2020.

Market Competitiveness

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Measure

United States
Top Destination
: Canada, $218B

Spain
Top Destination
: France, $47.6B

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

In 2019, countries that imported more from United States than Spain were Canada ($218B), Mexico ($196B), and China ($122B).

In 2019, countries that imported more from Spain than United States were France ($47.6B), Portugal ($23.8B), and Morocco ($8.41B).

Comparative Advantage United States - Spain

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Flow

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

During 2020, United States had a large net trade with Spain in the exports of Chemical Products ($3.6B), Mineral Products ($2.97B), and Machines ($1.91B).

During 2020, Spain had a large net trade with United States in the exports of Machines ($3.51B), Chemical Products ($2.17B), and Transportation ($1.45B).

Bilateral Service Trade

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In 2011, United States exported services to Spain worth $5.17B, with Travel ($2.12B), Royalties and license fees ($1.66B), and Transportation ($1.06B) being the largest in terms of value.

In 2019, Spain exported services to United States worth $4.03B, with Travel ($4.03B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over United States.