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2022
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Exports $2.32BRnk 28 / 218
2022
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Top Product $383MCars
2022
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Exports $1.14BRnk 20 / 187
2022
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Top Product $96.7MCyclic Hydrocarbons
2022
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Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
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GDP$1.4TCURRENT US$
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2012-2022
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GDP GROWTH5.49%CURRENT US$
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2022
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 GDP$522BCURRENT US$
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2012-2022
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GDP GROWTH99%CURRENT US$
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2022
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GDP PC $29,350CURRENT US$
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2012-2022
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GDP PC GROWTH3.63%CURRENT US$
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2022
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GDP PC$54,660CURRENT US$
Rnk 15 / 186
2012-2022
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GDP PC GROWTH64.9%CURRENT US$
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About

Spain-Israel In 2022, Spain exported $2.32B to Israel. The main products that Spain exported to Israel are Cars ($383M), Unglazed Ceramics ($185M), and Non-Knit Women's Suits ($86.9M). During the last 27 years the exports of Spain to Israel have increased at an annualized rate of 4.97%, from $626M in 1995 to $2.32B in 2022.

In 2009, Spain exported services to Israel worth $331M, with Services not allocated ($220M) and Transportation ($111M) being the largest in terms of value.

Israel-Spain In 2022, Israel exported $1.14B to Spain. The main products that Israel exported to Spain were Cyclic Hydrocarbons ($96.7M), Refined Petroleum ($89.4M), and Mixed Mineral or Chemical Fertilizers ($62.1M). During the last 27 years the exports of Israel to Spain have increased at an annualized rate of 4.18%, from $378M in 1995 to $1.14B in 2022.

In 2012, Israel exported services to Spain worth $82.4M, with Computer and information services ($77.7M) and Royalties and license fees ($4.63M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B).

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €130M and imported €87.7M from Israel, resulting in a positive trade balance of €42M. Between February 2023 and February 2024 the exports of Spain have decreased by €-71.7M (-35.6%) from €202M to €130M, while imports increased by €12.4M (16.4%) from €75.4M to €87.7M.

Trade In February 2024, the top exports of Spain to Israel were Cars (€51.7M), Unglazed Ceramics (€13.3M), Packaged Medicaments (€5.07M), Self-Propelled Rail Transport (€4.89M), and Iron Blocks (€4.6M). In February 2024 the top imports of Spain from Israel were Crude Petroleum (€10.3M), Potassic Fertilizers (€5.51M), Cyclic Hydrocarbons (€5.31M), Pesticides (€3.4M), and Liquid Dispersing Machines (€3.22M).

Origins In February 2024 the exports of Spain were mainly from Barcelona (€28.4M), Guipúzcoa (€13.4M), Madrid (€11.7M), Castellón (€10.3M), and Valencia (€7.25M), while imports destinations were mainly Barcelona (€34.7M), Madrid (€20.4M), Valencia (€7.58M), Cádiz (€3.85M), and Murcia (€2.97M).

Growth In February 2024, the decrease in Spain's year-by-year exports to Israel was explained primarily by an decrease in product exports in Vinyl Chloride Polymers (€-2.83M or -99.4%), Pure Olive Oil (€-2.46M or -86.4%), and Polyacetals (€-2.39M or -85.7%). In February 2024, the increase in Spain's year-by-year imports  from Israel was explained primarily by an increase in product imports  in Potassic Fertilizers (€5.41M or 5.02k%), Orthopedic Appliances (€1.14M or 252%), and Centrifuges (€805k or 115%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€-71.7M(-35.6%)
IMPORT GROWTH (February 2023 - February 2024)€12.4M(16.4%)
MAIN EXPORTER (February 2024)Barcelona€28.4M

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 Israel and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Israel and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.32B to Israel. The main products exported from Spain to Israel were Cars ($383M), Unglazed Ceramics ($185M), and Non-Knit Women's Suits ($86.9M). During the last 27 years the exports of Spain to Israel have increased at an annualized rate of 4.97%, from $626M in 1995 to $2.32B in 2022.

In 2022, Israel exported $1.14B to Spain. The main products exported from Israel to Spain were Cyclic Hydrocarbons ($96.7M), Refined Petroleum ($89.4M), and Mixed Mineral or Chemical Fertilizers ($62.1M). During the last 27 years the exports of Israel to Spain have increased at an annualized rate of 4.18%, from $378M in 1995 to $1.14B in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Israel
Top DestinationUnited States$20.3B

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

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

In 2021, countries that imported more from Israel than Spain were Palestine ($4.6B), Chinese Taipei ($1.88B), and Ireland ($3.86B).

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

Comparative Advantage Spain - Israel

Flow
Scale

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

During 2022, Spain had a large net trade with Israel in the exports of Transportation ($576M), Textiles ($285M), and Machines ($244M).

During 2022, Israel had a large net trade with Spain in the exports of Chemical Products ($430M), Machines ($217M), and Plastics and Rubbers ($116M).

Service Trade

Bilateral Service Trade

In 2009, Spain exported services to Israel worth $331M, with Services not allocated ($220M) and Transportation ($111M) being the largest in terms of value.

In 2012, Israel exported services to Spain worth $82.4M, with Computer and information services ($77.7M) and Royalties and license fees ($4.63M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Services Exports from Israel (Flag) to Spain (Flag) (2012)

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

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

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