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2023
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Exports $3.66BRnk 19 / 220
2023
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Top Product $413MPig Meat
2023
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Exports $3.13BRnk 11 / 199
2023
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Top Product $684MCars
2023
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Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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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$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
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GDP PC $33,509CURRENT US$
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2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$18,404CURRENT US$
Rnk 66 / 196
2013-2023
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GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 195

About

Spain-Romania Trade: In 2023, Spain exported $3.66B to Romania. The main products that Spain exported to Romania were Pig Meat ($413M), Spark-Ignition Engines ($279M), and Cars ($264M). Over the past 5 years the exports of Spain to Romania have increased at an annualized rate of 6.94%, from $2.62B in 2018 to $3.66B in 2023.

In 2009, Spain exported services to Romania worth $158M, with Services not allocated ($158M) being the largest in terms of value.

Romania-Spain Trade: In 2023, Romania exported $3.13B to Spain. The main products that Romania exported to Spain were Cars ($684M), Motor vehicles; parts and accessories (8701 to 8705) ($265M), and Barley ($171M). Over the past 5 years the exports of Romania to Spain have increased at an annualized rate of 5.79%,  from $2.36B in 2018 to $3.13B in 2023.

In 2020, Romania exported services to Spain worth $853M, with Transportation ($639M), Travel ($60.9M), and Other business services ($53.3M) being the largest in terms of value.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €314M and imported €192M from Romania, resulting in a positive trade balance of €123M. Between November 2023 and November 2024 the exports of Spain have increased by €696k (0.22%) from €314M to €314M, while imports decreased by €-141M (-42.5%) from €333M to €192M.

Trade In November 2024, the top exports of Spain to Romania were Pig Meat (€24.4M), Motor vehicles; parts and accessories (8701... (€15M), Cars (€14.4M), Pesticides (€4.48M), and Non-Knit Women's Suits (€4.13M). In November 2024 the top imports of Spain from Romania were Refined Petroleum (€32.8M), Cars (€26M), Motor vehicles; parts and accessories (8701... (€23.1M), Corn (€9.66M), and Rubber Tires (€7.4M).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€54.5M), Valladolid (€52.9M), A Coruña (€26.1M), Valencia (€16.3M), and Girona (€15.1M), while imports destinations were mainly Valladolid (€37.3M), Valencia (€34.7M), Barcelona (€29M), Madrid (€26.9M), and Álava (€11.6M).

Growth In November 2024, the increase in Spain's year-by-year exports to Romania was explained primarily by an increase in product exports in Pig Meat (€11.5M or 89.5%), Iron Blocks (€2.31M or 1.65k%), and Motor vehicles; parts and accessories (8701... (€1.8M or 13.7%). In November 2024, the decrease in Spain's year-by-year imports  from Romania was explained primarily by an decrease in product imports  in Wheat (€-17.6M or -99.7%), Cars (€-8.3M or -24.2%), and Hot-Rolled Iron (€-7.07M or -93.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€696k(0.22%)
IMPORT GROWTH (November 2023 - November 2024)€-141M(-42.5%)
MAIN EXPORTER (November 2024)Barcelona€54.5M

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 Romania 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 $3.66B to Romania. The main products exported from Spain to Romania were Pig Meat ($413M), Spark-Ignition Engines ($279M), and Cars ($264M). During the last 5 years the exports of Spain to Romania have increased at an annualized rate of 6.94%, from $2.62B in 2018 to $3.66B in 2023.

In 2018, Romania exported $3.13B to Spain. The main products exported from Romania to Spain were Cars ($684M), Motor vehicles; parts and accessories (8701 to 8705) ($265M), and Barley ($171M). During the last 5 years the exports of Romania to Spain have increased at an annualized rate of 5.79%, from $2.36B in 2023 to $3.13B in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Romania
Top DestinationGermany$19.9B

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

In 2023, countries that imported more from Spain than Romania included France ($61.9B), Portugal ($38.1B), and Italy ($34.7B).

In 2023, countries that imported more from Romania than Spain included Bulgaria ($4.03B), Hungary ($4.22B), and Moldova ($1.41B).

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

Comparative Advantage Spain - Romania

Flow
Scale

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

During 2023, Spain had a large net trade with Romania in the exports of Machines ($983M), Transportation ($546M), and Animal Products ($482M).

During 2018, Romania had a large net trade with Spain in the exports of Transportation ($985M), Machines ($553M), and Vegetable Products ($500M).

Bilateral Service Trade

In 2009, Spain exported services to Romania worth $158M, with Services not allocated ($158M) being the largest in terms of value.

In 2020, Romania exported services to Spain worth $853M, with Transportation ($639M), Travel ($60.9M), and Other business services ($53.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Romania (Flag) (2009)

Services Exports from Romania (Flag) to Spain (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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