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Pricing

2022
Flag → Flag
Exports $1.87BRnk 33 / 218
2022
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Top Product $239MCars
2022
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Exports $989MRnk 32 / 213
2022
Flag → Flag
Top Product $501MCoal Briquettes
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI -0.35Rnk 77 / 124
2022
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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$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
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GDP GROWTH8.3%CURRENT US$
Rnk 148 / 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
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GDP PC$64,491CURRENT US$
Rnk 11 / 186
2012-2022
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GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Spain-Australia In 2022, Spain exported $1.87B to Australia. The main products that Spain exported to Australia are Cars ($239M), Packaged Medicaments ($120M), and Pure Olive Oil ($107M). During the last 27 years the exports of Spain to Australia have increased at an annualized rate of 5.99%, from $388M in 1995 to $1.87B in 2022.

In 2009, Spain exported services to Australia worth $1.01B, with Services not allocated ($592M) and Travel ($415M) being the largest in terms of value.

Australia-Spain In 2022, Australia exported $989M to Spain. The main products that Australia exported to Spain were Coal Briquettes ($501M), Zinc Ore ($131M), and Copper Ore ($66M). During the last 27 years the exports of Australia to Spain have increased at an annualized rate of 5.03%, from $263M in 1995 to $989M in 2022.

In 2022, Australia did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Australia ranked 77 in the Economic Complexity Index (ECI -0.35), and 16 in total exports ($424B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €126M and imported €37.8M from Australia, resulting in a positive trade balance of €87.7M. Between January 2023 and January 2024 the exports of Spain have increased by €8.88M (7.61%) from €117M to €126M, while imports decreased by €-23.1M (-37.9%) from €60.9M to €37.8M.

Trade In January 2024, the top exports of Spain to Australia were Cars (€19.4M), Pure Olive Oil (€9.44M), Packaged Medicaments (€4.8M), Delivery Trucks (€4.05M), and Washing and Bottling Machines (€3.75M). In January 2024 the top imports of Spain from Australia were Coal Briquettes (€45M), Niobium, Tantalum, Vanadium and Zirconium Ore (€4.16M), Other Nuts (€3.51M), Raw Nickel (€1.73M), and Electrical Transformers (€744k).

Origins In January 2024 the exports of Spain were mainly from Barcelona (€28.2M), Madrid (€16.4M), Valencia (€12.1M), Navarra (€10.9M), and Sevilla (€10.5M), while imports destinations were mainly Asturias (€20.5M), Castellón (€4.83M), Madrid (€3.49M), Barcelona (€2.68M), and Pontevedra (€2.3M).

Growth In January 2024, the increase in Spain's year-by-year exports to Australia was explained primarily by an increase in product exports in Cars (€13.2M or 211%), Pure Olive Oil (€3.53M or 59.7%), and Delivery Trucks (€3.25M or 408%). In January 2024, the decrease in Spain's year-by-year imports  from Australia was explained primarily by an decrease in product imports  in Niobium, Tantalum, Vanadium and Zirconium Ore (€-6.26M or -60.1%), Activated Carbon (€-463k or -90.7%), and Microphones and Headphones (€-250k or -91%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€8.88M(7.61%)
IMPORT GROWTH (January 2023 - January 2024)€-23.1M(-37.9%)
MAIN EXPORTER (January 2024)Barcelona€28.2M

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 Australia and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $1.87B to Australia. The main products exported from Spain to Australia were Cars ($239M), Packaged Medicaments ($120M), and Pure Olive Oil ($107M). During the last 27 years the exports of Spain to Australia have increased at an annualized rate of 5.99%, from $388M in 1995 to $1.87B in 2022.

In 2022, Australia exported $989M to Spain. The main products exported from Australia to Spain were Coal Briquettes ($501M), Zinc Ore ($131M), and Copper Ore ($66M). During the last 27 years the exports of Australia to Spain have increased at an annualized rate of 5.03%, from $263M in 1995 to $989M in 2022.

Exports from Spain (Flag) to Australia (Flag) (2022)

Exports from Australia (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Australia
Top DestinationChina$123B

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

In 2021, countries that imported more from Spain than Australia were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Australia than Spain were China ($123B), Japan ($80.1B), and South Korea ($41B).

Difference in imports from Australia (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Australia

Flow
Scale

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

During 2022, Spain had a large net trade with Australia in the exports of Machines ($365M), Transportation ($363M), and Chemical Products ($346M).

During 2022, Australia had a large net trade with Spain in the exports of Mineral Products ($767M), Transportation ($51.8M), and Vegetable Products ($43.2M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Australia worth $1.01B, with Services not allocated ($592M) and Travel ($415M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Australia (Flag) (2009)

Economic Complexity

Competitive Landscape

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 Spain has comparative advantage over Australia. Similarly, the more yellow a dot/product is, the more Australia has comparative advantage over Spain.

Product Space of Spain (Flag) and Australia (Flag) (2022)

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