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2023
Flag → Flag
Exports $448MRnk 68 / 220
2023
Flag → Flag
Top Product $68.9MGas Turbines
2023
Flag → Flag
Exports $1.6BRnk 19 / 140
2023
Flag → Flag
Top Product $1.37BPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
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Economic Complexity (ECI) ECI -0.33Rnk 78 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
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GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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 GDP$213BCURRENT US$
Rnk 55 / 195
2013-2023
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GDP GROWTH7.18%CURRENT US$
Rnk 163 / 195
2023
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GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$80,196CURRENT US$
Rnk 10 / 196
2013-2023
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GDP PC GROWTH-22.7%CURRENT US$
Rnk 182 / 195

About

Spain-Qatar Trade: In 2023, Spain exported $448M to Qatar. The main products that Spain exported to Qatar were Gas Turbines ($68.9M), Planes, Helicopters, and/or Spacecraft ($30.1M), and Valves ($18.5M). Over the past 5 years the exports of Spain to Qatar have decreased at an annualized rate of 4.06%, from $551M in 2018 to $448M in 2023.

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

Qatar-Spain Trade: In 2023, Qatar exported $1.6B to Spain. The main products that Qatar exported to Spain were Petroleum Gas ($1.37B), Ethylene Polymers ($67.1M), and Raw Aluminium ($59.2M). Over the past 5 years the exports of Qatar to Spain have increased at an annualized rate of 10.4%,  from $975M in 2018 to $1.6B in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €20.8M and imported €67.5M from Qatar, resulting in a negative trade balance of €46.7M. Between November 2023 and November 2024 the exports of Spain have decreased by €-22.3M (-51.7%) from €43.1M to €20.8M, while imports increased by €37.7M (127%) from €29.8M to €67.5M.

Trade In November 2024, the top exports of Spain to Qatar were Air Pumps (€1.5M), Iron Pipes (€1.48M), Valves (€1.35M), Unglazed Ceramics (€1.32M), and Non-Knit Women's Suits (€1.11M). In November 2024 the top imports of Spain from Qatar were Petroleum Gas (€24.6M), Ethylene Polymers (€8.13M), Refined Petroleum (€5.81M), Raw Aluminium (€3.49M), and Acyclic Hydrocarbons (€2.79M).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€4.56M), Madrid (€2.92M), Tarragona (€2.36M), Guipúzcoa (€2.26M), and Sin provincia asignada (€1.1M), while imports destinations were mainly Madrid (€46.3M), Tarragona (€12.4M), Guadalajara (€4.08M), Valencia (€1.01M), and Barcelona (€977k).

Growth In November 2024, the decrease in Spain's year-by-year exports to Qatar was explained primarily by an decrease in product exports in Other Heating Machinery (€-1.97M or -94.4%), Liquid Pumps (€-1.53M or -97.9%), and Other Furniture (€-947k or -83.4%). In November 2024, the increase in Spain's year-by-year imports  from Qatar was explained primarily by an increase in product imports  in Petroleum Gas (€6.25M or 34.1%), Refined Petroleum (€5.77M or 12.6k%), and Acyclic Hydrocarbons (€2.02M or 265%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-22.3M(-51.7%)
IMPORT GROWTH (November 2023 - November 2024)€37.7M(127%)
MAIN EXPORTER (November 2024)Barcelona€4.56M

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 Qatar and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Qatar and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $448M to Qatar. The main products exported from Spain to Qatar were Gas Turbines ($68.9M), Planes, Helicopters, and/or Spacecraft ($30.1M), and Valves ($18.5M). During the last 5 years the exports of Spain to Qatar have decreased at an annualized rate of 4.06%, from $551M in 2018 to $448M in 2023.

In 2018, Qatar exported $1.6B to Spain. The main products exported from Qatar to Spain were Petroleum Gas ($1.37B), Ethylene Polymers ($67.1M), and Raw Aluminium ($59.2M). During the last 5 years the exports of Qatar to Spain have increased at an annualized rate of 10.4%, from $975M in 2023 to $1.6B in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Qatar
Top DestinationChina$20.9B

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

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

In 2023, countries that imported more from Qatar than Spain included China ($20.9B), South Korea ($12.1B), and India ($12.9B).

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

Comparative Advantage Spain - Qatar

Flow
Scale

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

During 2023, Spain had a large net trade with Qatar in the exports of Machines ($154M), Chemical Products ($51.6M), and Transportation ($45.7M).

During 2018, Qatar had a large net trade with Spain in the exports of Mineral Products ($1.41B), Plastics and Rubbers ($70.9M), and Metals ($60.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Qatar+$18.7MCars
Top Product Potential Qatar Spain+$227MPetroleum Gas

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

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

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