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ESPOverview In 2022, Spain was the number 15 economy in the world in terms of GDP (current US$), the number 20 in total exports, the number 15 in total imports, the number 40 economy in terms of GDP per capita (current US$) and the number 33 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Spain are Cars ($33.6B), Refined Petroleum ($17.2B), Packaged Medicaments ($12.7B), Motor vehicles; parts and accessories (8701 to 8705) ($10.6B), and Vaccines, blood, antisera, toxins and cultures ($7.57B), exporting mostly to France ($65.2B), Germany ($39.2B), Portugal ($34.9B), Italy ($32.1B), and United Kingdom ($22.6B).
In 2022, Spain was the world's biggest exporter of Pig Meat ($5.92B), Pure Olive Oil ($4.43B), Citrus ($3.65B), Prepared Pigments ($1.21B), and Cucumbers ($969M)
Imports The top imports of Spain are Crude Petroleum ($42.6B), Petroleum Gas ($24.6B), Cars ($18.2B), Packaged Medicaments ($13.2B), and Motor vehicles; parts and accessories (8701 to 8705) ($12.8B), importing mostly from Germany ($49.7B), China ($47B), France ($46.4B), Italy ($32.8B), and United States ($29.6B).
In 2022, Spain was the world's biggest importer of Tar ($201M), Electric Locomotives ($190M), Fat and Oil Residues ($180M), Other Locomotives ($152M), and Olive Oil ($114M)
Location Spain borders Andorra, France, Morocco, Portugal, and Gibraltar by land and Algeria and Italy by sea.
