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2023
Flag → Flag
Exports $199MRnk 90 / 220
2023
Flag → Flag
Top Product $12MPackaged Medicaments
2023
Flag → Flag
Exports $1.6BRnk 6 / 205
2023
Flag → Flag
Top Product $235MHouse Linens
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195

About

Spain-Pakistan Trade: In 2023, Spain exported $199M to Pakistan. The main products that Spain exported to Pakistan were Packaged Medicaments ($12M), Scrap Iron ($8.34M), and Raw Cotton ($7.31M). Over the past 5 years the exports of Spain to Pakistan have decreased at an annualized rate of 6.83%, from $284M in 2018 to $199M in 2023.

In 2023, Spain did not export any services to Pakistan.

Pakistan-Spain Trade: In 2023, Pakistan exported $1.6B to Spain. The main products that Pakistan exported to Spain were House Linens ($235M), Non-Knit Men's Suits ($227M), and Non-Knit Women's Suits ($217M). Over the past 5 years the exports of Pakistan to Spain have increased at an annualized rate of 7.3%,  from $1.13B in 2018 to $1.6B in 2023.

In 2023, Pakistan did not export any services to Spain.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €25.2M and imported €139M from Pakistan, resulting in a negative trade balance of €114M. Between November 2023 and November 2024 the exports of Spain have increased by €7.14M (39.6%) from €18.1M to €25.2M, while imports decreased by €-4.67M (-3.24%) from €144M to €139M.

Trade In November 2024, the top exports of Spain to Pakistan were Scrap Copper (€1.19M), Packaged Medicaments (€1.16M), Scrap Iron (€629k), Scrap Aluminium (€491k), and Pesticides (€424k). In November 2024 the top imports of Spain from Pakistan were House Linens (€18.1M), Non-Knit Women's Suits (€17.5M), Non-Knit Men's Suits (€16.4M), Knit Sweaters (€13.2M), and Knit Men's Suits (€8.1M).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€5.65M), Sevilla (€5.25M), Asturias (€2.74M), Madrid (€1.81M), and Valladolid (€1.14M), while imports destinations were mainly Barcelona (€39.4M), Madrid (€30.8M), Guadalajara (€13.7M), A Coruña (€13.5M), and Zaragoza (€8.93M).

Growth In November 2024, the increase in Spain's year-by-year exports to Pakistan was explained primarily by an increase in product exports in Scrap Copper (€255k or 27.2%), Packaged Medicaments (€243k or 26.5%), and Acrylic Polymers (€173k or 232%). In November 2024, the decrease in Spain's year-by-year imports  from Pakistan was explained primarily by an decrease in product imports  in Alcohol > 80% ABV (€-3.72M or -35.3%), Non-Knit Women's Suits (€-2.17M or -11.1%), and Knit Babies' Garments (€-1.33M or -45.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€7.14M(39.6%)
IMPORT GROWTH (November 2023 - November 2024)€-4.67M(-3.24%)
MAIN EXPORTER (November 2024)Barcelona€5.65M

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 Pakistan and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Pakistan and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $199M to Pakistan. The main products exported from Spain to Pakistan were Packaged Medicaments ($12M), Scrap Iron ($8.34M), and Raw Cotton ($7.31M). During the last 5 years the exports of Spain to Pakistan have decreased at an annualized rate of 6.83%, from $284M in 2018 to $199M in 2023.

In 2018, Pakistan exported $1.6B to Spain. The main products exported from Pakistan to Spain were House Linens ($235M), Non-Knit Men's Suits ($227M), and Non-Knit Women's Suits ($217M). During the last 5 years the exports of Pakistan to Spain have increased at an annualized rate of 7.3%, from $1.13B in 2023 to $1.6B in 2018.

Exports from Spain (Flag) to Pakistan (Flag) (2023)

Exports from Pakistan (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Pakistan
Top DestinationUnited States$5.18B

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

In 2023, countries that imported more from Spain than Pakistan included France ($61.9B), Portugal ($38.1B), and Germany ($40.2B).

In 2023, countries that imported more from Pakistan than Spain included United Arab Emirates ($3.7B), Afghanistan ($969M), and Bangladesh ($690M).

Difference in imports from Pakistan (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Pakistan

Flow
Scale

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

During 2023, Spain had a large net trade with Pakistan in the exports of Chemical Products ($56.9M), Machines ($37.6M), and Metals ($25.2M).

During 2018, Pakistan had a large net trade with Spain in the exports of Textiles ($1.31B), Foodstuffs ($105M), and Vegetable Products ($50.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Pakistan+$15.7MPackaged Medicaments
Top Product Potential Pakistan Spain+$63MNon-Knit Women's Suits

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

Product Space of Spain (Flag) and Pakistan (Flag) (2023)

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