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ExportsSpain-South Korea Trade: In 2022, Spain exported $2.37B to South Korea. The main products that Spain exported to South Korea were Pig Meat ($455M), Non-Iron and Steel Slag, Ash and Residues ($109M), and Packaged Medicaments ($101M). Over the past 5 years the exports of Spain to South Korea have increased at an annualized rate of 1.97%, from $2.15B in 2017 to $2.37B in 2022.
In 2009, Spain exported services to South Korea worth $108M, with Services not allocated ($108M) being the largest in terms of value.
South Korea-Spain Trade: In 2022, South Korea exported $3.63B to Spain. The main products that South Korea exported to Spain were Cars ($1.06B), Polycarboxylic Acids ($167M), and Industrial Fatty Acids, Oils and Alcohols ($140M). Over the past 5 years the exports of South Korea to Spain have increased at an annualized rate of 1.34%, from $3.4B in 2017 to $3.63B in 2022.
In 2005, South Korea exported services to Spain worth $216M, with Transportation ($174M), Other business services ($24.3M), and Travel ($14.6M) 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).
