2023
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GDP
$1.62TCURRENT US$
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2013-2023
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GDP GROWTH
18.9%CURRENT US$
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2023
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 GDP
$62.3MCURRENT US$
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2013-2023
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GDP GROWTH
61.3%CURRENT US$
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2023
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GDP PC 
$33,509CURRENT US$
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2013-2023
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GDP PC GROWTH
14.7%CURRENT US$
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2023
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GDP PC
$6,345CURRENT US$
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2013-2023
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GDP PC GROWTH
80.8%CURRENT US$
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About

Spain-Tuvalu Trade: In 2023, Spain exported $2.75M to Tuvalu. The main products that Spain exported to Tuvalu were Non-fillet Frozen Fish ($2.75M). Over the past 5 years the exports of Spain to Tuvalu have increased at an annualized rate of 242%, from $5.87k in 2018 to $2.75M in 2023.

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

Tuvalu-Spain Trade: In 2023, Tuvalu exported $5.55k to Spain. The main products that Tuvalu exported to Spain were Other Printed Material ($2.56k), Non-Knit Men's Suits ($2.22k), and Non-Knit Women's Suits ($604). Over the past 5 years the exports of Tuvalu to Spain have decreased at an annualized rate of 26.2%,  from $25.4k in 2018 to $5.55k in 2023.

In 2023, Tuvalu 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, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $2.75M to Tuvalu. The main products exported from Spain to Tuvalu were Non-fillet Frozen Fish ($2.75M). During the last 5 years the exports of Spain to Tuvalu have increased at an annualized rate of 242%, from $5.87k in 2018 to $2.75M in 2023.

In 2018, Tuvalu exported $5.55k to Spain. The main products exported from Tuvalu to Spain were Other Printed Material ($2.56k), Non-Knit Men's Suits ($2.22k), and Non-Knit Women's Suits ($604). During the last 5 years the exports of Tuvalu to Spain have decreased at an annualized rate of 26.2%, from $25.4k in 2023 to $5.55k in 2018.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Tuvalu
Top Destination
Thailand$45.9M

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

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

In 2023, no countries were registered that imported more from Tuvalu than from Spain.

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

Comparative Advantage Spain - Tuvalu

Flow
Scale

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

During 2023, Spain had a large net trade with Tuvalu in the exports of Animal Products ($2.75M).

During 2018, Tuvalu had a large net trade with Spain in the exports of Textiles ($2.82k), Paper Goods ($2.56k), and Miscellaneous ($110).

Economic Complexity

Competitive Landscape

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

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

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