2022
Flag  
GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%CURRENT US$
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2022
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 GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
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GDP GROWTH
-12.4%CURRENT US$
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2022
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GDP PC 
$29,350CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
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2022
Flag
GDP PC
$37,152CURRENT US$
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2012-2022
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GDP PC GROWTH
-20.7%CURRENT US$
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About

Spain-Brunei Trade: In 2022, Spain exported $10.4M to Brunei. The main products that Spain exported to Brunei were Vaccines, blood, antisera, toxins and cultures ($5.44M), Cars ($659k), and Unglazed Ceramics ($544k). Over the past 5 years the exports of Spain to Brunei have increased at an annualized rate of 14.9%, from $5.2M in 2017 to $10.4M in 2022.

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

Brunei-Spain Trade: In 2022, Brunei exported $1.43M to Spain. The main products that Brunei exported to Spain were Broadcasting Equipment ($804k), Aircraft Parts ($553k), and Knit T-shirts ($22.9k). Over the past 5 years the exports of Brunei to Spain have increased at an annualized rate of 60.3%,  from $136k in 2017 to $1.43M in 2022.

In 2022, Brunei 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, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $10.4M to Brunei. The main products exported from Spain to Brunei were Vaccines, blood, antisera, toxins and cultures ($5.44M), Cars ($659k), and Unglazed Ceramics ($544k). During the last 5 years the exports of Spain to Brunei have increased at an annualized rate of 14.9%, from $5.2M in 2017 to $10.4M in 2022.

In 2017, Brunei exported $1.43M to Spain. The main products exported from Brunei to Spain were Broadcasting Equipment ($804k), Aircraft Parts ($553k), and Knit T-shirts ($22.9k). During the last 5 years the exports of Brunei to Spain have increased at an annualized rate of 60.3%, from $136k in 2022 to $1.43M in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Brunei
Top Destination
Australia$2.66B

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

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

In 2022, countries that imported more from Brunei than Spain included Australia ($2.66B), Malaysia ($1.37B), and Singapore ($1.97B).

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

Comparative Advantage Spain - Brunei

Flow
Scale

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

During 2022, Spain had a large net trade with Brunei in the exports of Chemical Products ($5.66M), Machines ($881k), and Transportation ($821k).

During 2017, Brunei had a large net trade with Spain in the exports of Machines ($804k), Transportation ($553k), and Textiles ($65.7k).

Economic Complexity

Competitive Landscape

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

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

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