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2022
Flag → Flag
Exports $2.15BRnk 31 / 218
2022
Flag → Flag
Top Product $172MForage Crops
2022
Flag → Flag
Exports $1.53BRnk 43 / 219
2022
Flag → Flag
Top Product $683MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Spain-United Arab Emirates Trade: In 2022, Spain exported $2.15B to United Arab Emirates. The main products that Spain exported to United Arab Emirates were Forage Crops ($172M), Cars ($92.6M), and Refined Petroleum ($92.3M). Over the past 5 years the exports of Spain to United Arab Emirates have increased at an annualized rate of 1.5%, from $2B in 2017 to $2.15B in 2022.

In 2022, Spain did not export any services to United Arab Emirates.

United Arab Emirates-Spain Trade: In 2022, United Arab Emirates exported $1.53B to Spain. The main products that United Arab Emirates exported to Spain were Refined Petroleum ($683M), Crude Petroleum ($252M), and Raw Aluminium ($197M). Over the past 5 years the exports of United Arab Emirates to Spain have increased at an annualized rate of 29.6%,  from $418M in 2017 to $1.53B in 2022.

In 2022, United Arab Emirates did not export any services to Spain.

Comparison: In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €190M and imported €39.4M from United Arab Emirates, resulting in a positive trade balance of €151M. Between September 2023 and September 2024 the exports of Spain have increased by €50.2M (35.9%) from €140M to €190M, while imports decreased by €-96.4M (-71%) from €136M to €39.4M.

Trade In September 2024, the top exports of Spain to United Arab Emirates were Forage Crops (€10.9M), Cars (€5.72M), Packaged Medicaments (€5.28M), Unglazed Ceramics (€4.6M), and Electrical Power Accessories (€3.69M). In September 2024 the top imports of Spain from United Arab Emirates were Refined Petroleum (€71.4M), Ethers (€13.5M), Raw Aluminium (€9.88M), Biodiesel and mixtures thereof (€3.18M), and Raw Sugar (€3.02M).

Origins In September 2024 the exports of Spain were mainly from Barcelona (€45.5M), Álava (€22.5M), Sevilla (€21.2M), Madrid (€20.7M), and Asturias (€13.1M), while imports destinations were mainly Sevilla (€12.4M), Vizcaya (€9.21M), Barcelona (€9.11M), Madrid (€1.71M), and Alicante (€926k).

Growth In September 2024, the increase in Spain's year-by-year exports to United Arab Emirates was explained primarily by an increase in product exports in Forage Crops (€6.46M or 144%), Packaged Medicaments (€3.41M or 182%), and Tractors (€2.08M or 136%). In September 2024, the decrease in Spain's year-by-year imports  from United Arab Emirates was explained primarily by an decrease in product imports  in Raw Aluminium (€-3.72M or -27.3%), Propylene Polymers (€-3.5M or -93.7%), and Ethylene Polymers (€-2.64M or -87.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€50.2M(35.9%)
IMPORT GROWTH (September 2023 - September 2024)€-96.4M(-71%)
MAIN EXPORTER (September 2024)Barcelona€45.5M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check United Arab Emirates and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.15B to United Arab Emirates. The main products exported from Spain to United Arab Emirates were Forage Crops ($172M), Cars ($92.6M), and Refined Petroleum ($92.3M). During the last 5 years the exports of Spain to United Arab Emirates have increased at an annualized rate of 1.5%, from $2B in 2017 to $2.15B in 2022.

In 2017, United Arab Emirates exported $1.53B to Spain. The main products exported from United Arab Emirates to Spain were Refined Petroleum ($683M), Crude Petroleum ($252M), and Raw Aluminium ($197M). During the last 5 years the exports of United Arab Emirates to Spain have increased at an annualized rate of 29.6%, from $418M in 2022 to $1.53B in 2017.

Exports from Spain (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
United Arab Emirates
Top DestinationIndia$51B

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

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

In 2022, countries that imported more from United Arab Emirates than Spain included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

Difference in imports from United Arab Emirates (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - United Arab Emirates

Flow
Scale

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

During 2022, Spain had a large net trade with United Arab Emirates in the exports of Machines ($388M), Chemical Products ($333M), and Vegetable Products ($255M).

During 2017, United Arab Emirates had a large net trade with Spain in the exports of Mineral Products ($980M), Metals ($269M), and Plastics and Rubbers ($78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain United Arab Emirates+$112MCars
Top Product Potential United Arab Emirates Spain+$344MCrude Petroleum

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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Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and United Arab Emirates (Flag) (2022)

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