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Pricing

2022
Flag → Flag
Exports $6.38BRnk 14 / 218
2022
Flag → Flag
Top Product $2.71BVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $3.18BRnk 30 / 211
2022
Flag → Flag
Top Product $921MCars
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 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$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
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$33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Spain-Japan Trade: In 2022, Spain exported $6.38B to Japan. The main products that Spain exported to Japan were Vaccines, blood, antisera, toxins and cultures ($2.71B), Pig Meat ($729M), and Cars ($356M). Over the past 5 years the exports of Spain to Japan have increased at an annualized rate of 16.9%, from $2.92B in 2017 to $6.38B in 2022.

In 2017, Spain exported services to Japan worth $0, with being the largest in terms of value.

Japan-Spain Trade: In 2022, Japan exported $3.18B to Spain. The main products that Japan exported to Spain were Cars ($921M), Hot-Rolled Iron ($296M), and Motorcycles and cycles ($156M). Over the past 5 years the exports of Japan to Spain have decreased at an annualized rate of 1.54%,  from $3.44B in 2017 to $3.18B in 2022.

In 2009, Japan exported services to Spain worth $1.43B, with Services not allocated ($716M), Other business services ($539M), and Travel ($61.9M) 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €238M and imported €384M from Japan, resulting in a negative trade balance of €146M. Between September 2023 and September 2024 the exports of Spain have increased by €44.6M (23%) from €194M to €238M, while imports increased by €31.2M (8.82%) from €353M to €384M.

Trade In September 2024, the top exports of Spain to Japan were Pig Meat (€64.3M), Cars (€30.4M), Refined Petroleum (€29.5M), Non-Iron and Steel Slag, Ash and... (€17.1M), and Fish Fillets (€16.1M). In September 2024 the top imports of Spain from Japan were Cars (€90.5M), Hot-Rolled Iron (€21.9M), Motorcycles and cycles (€20.5M), Industrial Printers (€9.7M), and Electric Motors (€9.67M).

Origins In September 2024 the exports of Spain were mainly from Barcelona (€50.7M), Cantabria (Santander) (€33.7M), Madrid (€24.5M), Pontevedra (€20.3M), and Girona (€11.9M), while imports destinations were mainly Barcelona (€119M), Valencia (€80M), Madrid (€64.3M), Sin provincia asignada (€63.7M), and Vizcaya (€9.78M).

Growth In September 2024, the increase in Spain's year-by-year exports to Japan was explained primarily by an increase in product exports in Refined Petroleum (€29.5M or 421k%), Cars (€18.8M or 163%), and Pig Meat (€15.7M or 32.3%). In September 2024, the increase in Spain's year-by-year imports  from Japan was explained primarily by an increase in product imports  in Cars (€17.7M or 24.3%), Electric Motors (€7.85M or 430%), and Nitrogen Heterocyclic Compounds (€6.91M or 461%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€44.6M(23%)
IMPORT GROWTH (September 2023 - September 2024)€31.2M(8.82%)
MAIN EXPORTER (September 2024)Barcelona€50.7M

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 Japan and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Japan and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $6.38B to Japan. The main products exported from Spain to Japan were Vaccines, blood, antisera, toxins and cultures ($2.71B), Pig Meat ($729M), and Cars ($356M). During the last 5 years the exports of Spain to Japan have increased at an annualized rate of 16.9%, from $2.92B in 2017 to $6.38B in 2022.

In 2017, Japan exported $3.18B to Spain. The main products exported from Japan to Spain were Cars ($921M), Hot-Rolled Iron ($296M), and Motorcycles and cycles ($156M). During the last 5 years the exports of Japan to Spain have decreased at an annualized rate of 1.54%, from $3.44B in 2022 to $3.18B in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Spain than Japan included France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2022, countries that imported more from Japan than Spain included China ($135B), United States ($137B), and Chinese Taipei ($50.1B).

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

Comparative Advantage Spain - Japan

Flow
Scale

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

During 2022, Spain had a large net trade with Japan in the exports of Chemical Products ($3.1B), Animal Products ($871M), and Transportation ($485M).

During 2017, Japan had a large net trade with Spain in the exports of Transportation ($1.22B), Machines ($827M), and Metals ($462M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Japan+$235MCars
Top Product Potential Japan Spain+$441MCars

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

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

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