2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Spain-Republic of the Congo Trade: In 2022, Spain exported $35.7M to Republic of the Congo. The main products that Spain exported to Republic of the Congo were Glass Bottles ($2.87M), Unglazed Ceramics ($2.73M), and Poultry Meat ($2.71M). Over the past 5 years the exports of Spain to Republic of the Congo have increased at an annualized rate of 0.97%, from $34M in 2017 to $35.7M in 2022.

In 2022, Spain did not export any services to Republic of the Congo.

Republic of the Congo-Spain Trade: In 2022, Republic of the Congo exported $2.65M to Spain. The main products that Republic of the Congo exported to Spain were Sawn Wood ($1.18M), Veneer Sheets ($368k), and Rough Wood ($305k). Over the past 5 years the exports of Republic of the Congo to Spain have decreased at an annualized rate of 68.8%,  from $896M in 2017 to $2.65M in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $35.7M to Republic of the Congo. The main products exported from Spain to Republic of the Congo were Glass Bottles ($2.87M), Unglazed Ceramics ($2.73M), and Poultry Meat ($2.71M). During the last 5 years the exports of Spain to Republic of the Congo have increased at an annualized rate of 0.97%, from $34M in 2017 to $35.7M in 2022.

In 2017, Republic of the Congo exported $2.65M to Spain. The main products exported from Republic of the Congo to Spain were Sawn Wood ($1.18M), Veneer Sheets ($368k), and Rough Wood ($305k). During the last 5 years the exports of Republic of the Congo to Spain have decreased at an annualized rate of 68.8%, from $896M in 2022 to $2.65M in 2017.

Exports from Spain (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Republic of the Congo
Top Destination
China$4.82B

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

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

In 2022, no countries were registered that imported more from Republic of the Congo than from Spain.

Difference in imports from Republic of the Congo (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Republic of the Congo

Flow
Scale

This chart compares trade between Spain and Republic of the Congo by product, considering products traded by both, Spain and Republic of the Congo.

During 2022, Spain had a large net trade with Republic of the Congo in the exports of Animal Products ($7.49M), Foodstuffs ($6.63M), and Stone And Glass ($5.85M).

During 2017, Republic of the Congo had a large net trade with Spain in the exports of Wood Products ($1.91M), Metals ($461k), and Foodstuffs ($105k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Republic of the Congo+$1.08MPig Meat
Top Product Potential Republic of the Congo Spain+$1.55MSawn Wood

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 Republic of the Congo. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Republic of the Congo (Flag) (2022)

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