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2023
Flag → Flag
Exports $139kRnk 210 / 220
2023
Flag → Flag
Top Product $58.8kFruit Juice
2023
Flag → Flag
Exports $3.33MRnk 12 / 82
2023
Flag → Flag
Top Product $1.13MFerroalloys
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Spain-North Korea Trade: In 2023, Spain exported $139k to North Korea. The main products that Spain exported to North Korea were Fruit Juice ($58.8k), Soups and Broths ($30.4k), and Other Knit Garments ($28.7k). Over the past 5 years the exports of Spain to North Korea have decreased at an annualized rate of 22.1%, from $483k in 2018 to $139k in 2023.

In 2023, Spain did not export any services to North Korea.

North Korea-Spain Trade: In 2023, North Korea exported $3.33M to Spain. The main products that North Korea exported to Spain were Ferroalloys ($1.13M), Orthopedic Appliances ($752k), and Sowing Seeds ($368k). Over the past 5 years the exports of North Korea to Spain have increased at an annualized rate of 63.9%,  from $282k in 2018 to $3.33M in 2023.

In 2023, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €76.9k and imported €220k from North Korea, resulting in a negative trade balance of €143k. Between January 2023 and January 2024 the exports of Spain have increased by €22.5k (41.3%) from €54.4k to €76.9k, while imports decreased by €-244k (-52.6%) from €465k to €220k.

Trade In January 2024, the top exports of Spain to North Korea were Fruit Juice (€54.4k). In January 2024 the top imports of Spain from North Korea were Other Vegetables (€24.5k), Processed Fish (€22k), Medical Instruments (€8.68k), Other Electrical Machinery (€6.06k), and Other Plastic Products (€5.21k).

Origins In January 2024 the exports of Spain were mainly from N/A, while imports destinations were mainly Madrid (€139k), Murcia (€50k), and Tarragona (€31.5k).

Growth In January 2024, the increase in Spain's year-by-year exports to North Korea was explained primarily by an increase in product exports in . In November 2024, the decrease in Spain's year-by-year imports  from North Korea was explained primarily by an decrease in product imports  in Other Electrical Machinery (€-11k or -64.5%), Electrical Ignitions (€-5.22k or -86.2%), and Commodities not elsewhere specified (€-145 or -61.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2023 - January 2024)€22.5k(41.3%)
IMPORT GROWTH (November 2023 - November 2024)€-244k(-52.6%)

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 North Korea and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $139k to North Korea. The main products exported from Spain to North Korea were Fruit Juice ($58.8k), Soups and Broths ($30.4k), and Other Knit Garments ($28.7k). During the last 5 years the exports of Spain to North Korea have decreased at an annualized rate of 22.1%, from $483k in 2018 to $139k in 2023.

In 2018, North Korea exported $3.33M to Spain. The main products exported from North Korea to Spain were Ferroalloys ($1.13M), Orthopedic Appliances ($752k), and Sowing Seeds ($368k). During the last 5 years the exports of North Korea to Spain have increased at an annualized rate of 63.9%, from $282k in 2023 to $3.33M in 2018.

Exports from Spain (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
North Korea
Top DestinationChina$292M

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

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

In 2023, countries that imported more from North Korea than Spain included Fiji ($3.88M) and Samoa ($962k).

Difference in imports from North Korea (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - North Korea

Flow
Scale

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

During 2023, Spain had a large net trade with North Korea in the exports of Foodstuffs ($89.2k), Textiles ($28.7k), and Chemical Products ($20.9k).

During 2018, North Korea had a large net trade with Spain in the exports of Metals ($1.26M), Instruments ($1.04M), and Vegetable Products ($400k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and North Korea. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and North Korea (Flag) (2023)

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