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5.49%CURRENT US$
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3.63%CURRENT US$
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About

Spain-Japan In 2022, Spain exported $6.38B to Japan. The main products that Spain exported to Japan are Vaccines, blood, antisera, toxins and cultures ($2.71B), Pig Meat ($729M), and Cars ($356M). During the last 27 years the exports of Spain to Japan have increased at an annualized rate of 6.06%, from $1.3B in 1995 to $6.38B in 2022.

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

Japan-Spain 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). During the last 27 years the exports of Japan to Spain have increased at an annualized rate of 0.39%, from $2.87B in 1995 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).

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 27 years the exports of Spain to Japan have increased at an annualized rate of 6.06%, from $1.3B in 1995 to $6.38B in 2022.

In 2022, 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 27 years the exports of Japan to Spain have increased at an annualized rate of 0.39%, from $2.87B in 1995 to $3.18B in 2022.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Japan
Top Destination
United 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 2021, countries that imported more from Spain than Japan were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

In 2021, countries that imported more from Japan than Spain were 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 2022, Japan had a large net trade with Spain in the exports of Transportation ($1.22B), Machines ($827M), and Metals ($462M).

Service Trade

Bilateral Service Trade

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

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.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Japan (Flag) (2017)

Services Exports from Japan (Flag) to Spain (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 Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Spain.

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

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