Flag United States / Spain Flag

2019
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Exports
: $15.5B, Rnk 20 / 218

2019
FlagFlag
Exports
: $15.7B, Rnk 6 / 219

2019
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Top Product
: $1.43B, Refined Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 0.85, Rnk 36 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $1.39T, CURRENT US$
Rnk 14 / 187

2009-2019
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GDP GROWTH
: -6.2%, CURRENT US$
Rnk 179 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $29,600, CURRENT US$
Rnk 36 / 187

2009-2019
Flag
GDP PC GROWTH
: -7.62%, CURRENT US$
Rnk 174 / 187

United States-Spain In 2019, United States exported $15.5B to Spain. The main products that United States exported to Spain are N/A. During the last 24 years the exports of United States to Spain have increased at an annualized rate of 3.7%, from $6.47B in 1995 to $15.5B in 2019.

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 2019, Spain exported $15.7B to United States . The main products that Spain exported to United States were Refined Petroleum ($1.43B), Cars ($651M), and Pure Olive Oil ($461M). During the last 24 years the exports of Spain to United States have increased at an annualized rate of 5.97%, from $3.9B in 1995 to $15.7B in 2019.

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

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Spain ranked 36 in the Economic Complexity Index (ECI 0.85), and 16 in total exports ($319B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $15.5B to Spain. There were not main exports from United States to Spain in 2019. During the last 24 years the exports of United States to Spain have increased at an annualized rate of 3.7%, from $6.47B in 1995 to $15.5B in 2019.

In 2019, Spain exported $15.7B to United States. The main products exported from Spain to United States were Refined Petroleum ($1.43B), Cars ($651M), and Pure Olive Oil ($461M). During the last 24 years the exports of Spain to United States have increased at an annualized rate of 5.97%, from $3.9B in 1995 to $15.7B in 2019.

United States Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Spain
Top Destination
: France, $47.4B

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 ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Spain than United States were Portugal ($25.8B), France ($47.4B), and Morocco ($9.28B).

Comparative Advantage United States - Spain

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Depth

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

During 2019, United States had a large net trade with Spain in the exports of Mineral Products ($3.82B), Chemical Products ($3.71B), and Machines ($1.91B).

During 2019, Spain had a large net trade with United States in the exports of Machines ($3.56B), Chemical Products ($2.05B), and Mineral Products ($1.76B).

Tariff Section

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This section shows import tariffs for products traded between United States and Spain (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Spain were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2017, the products from Spain that paid the highest import tariffs to enter United States were Sugar beet (178%) and Whey (173%).

*The tariffs present between United States and Spain are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

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 red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Spain. Similarly, the more red a dot/product is, the more Spain has comparative advantage over United States.