2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

In N/A, Germany did not export any services to Spain.

Spain-Germany Trade: In N/A, Spain exported $40.2B to Germany. The main products that Spain exported to Germany were N/A. Over the past N/A years the exports of Spain to Germany have increased at an annualized rate of 2.07%,  from $36.3B in N/A to $40.2B in N/A.

In 2020, Spain exported services to Germany worth $2.46B, with Travel ($2.46B) being the largest in terms of value.

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Spain
Top Destination
France$61.9B

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

In 2023, countries that imported more from Germany than Spain included United States ($157B), Netherlands ($108B), and China ($104B).

In 2023, countries that imported more from Spain than Germany included Portugal ($38.1B), Morocco ($11.7B), and Panama ($2.36B).

Difference in imports from Spain (Flag) and Germany (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Spain+$675MCars
Top Product Potential Spain Germany+N/AN/A

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Spain exported services to Germany worth $2.46B, with Travel ($2.46B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Germany (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Spain (Flag) (NaN)

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