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Pricing

2022
Flag → Flag
Exports $438kRnk 197 / 218
2022
Flag → Flag
Top Product $156kLiquid Pumps
2022
Flag → Flag
Exports $628kRnk 14 / 66
2022
Flag → Flag
Top Product $519kPerfume Plants
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 95 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH3.58%CURRENT US$
Rnk 133 / 186

About

Spain-Vanuatu Trade: In 2022, Spain exported $438k to Vanuatu. The main products that Spain exported to Vanuatu were Liquid Pumps ($156k), Special Pharmaceuticals ($106k), and Scented Mixtures ($61.6k). Over the past 5 years the exports of Spain to Vanuatu have decreased at an annualized rate of 12%, from $830k in 2017 to $438k in 2022.

In 2022, Spain did not export any services to Vanuatu.

Vanuatu-Spain Trade: In 2022, Vanuatu exported $628k to Spain. The main products that Vanuatu exported to Spain were Perfume Plants ($519k), Low-voltage Protection Equipment ($108k), and Textile Footwear ($215). Over the past 5 years the exports of Vanuatu to Spain have increased at an annualized rate of 7.13%,  from $445k in 2017 to $628k in 2022.

In 2022, Vanuatu did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €29.3k and imported €466 from Vanuatu, resulting in a positive trade balance of €28.9k. Between August 2023 and August 2024 the exports of Spain have decreased by €-47.4k (-61.8%) from €76.7k to €29.3k, while imports increased by €359 (336%) from €107 to €466.

Trade In August 2024, the top exports of Spain to Vanuatu were Perfumes (€68.4k), Electrical Power Accessories (€990), Low-voltage Protection Equipment (€895), and Shaving Products (€102). In August 2024 the top imports of Spain from Vanuatu were Perfume Plants (€279k), Commodities not elsewhere specified (€24.5k), Non-Knit Men's Coats (€167), Non-Knit Women's Suits (€150), and Knit Women's Suits (€113).

Origins In August 2024 the exports of Spain were mainly from N/A, while imports destinations were mainly Álava (€466).

Growth In August 2024, the decrease in Spain's year-by-year exports to Vanuatu was explained primarily by an decrease in product exports in Electrical Power Accessories (€-14.1k or -93.5%). In August 2024, the increase in Spain's year-by-year imports  from Vanuatu was explained primarily by an increase in product imports  in Commodities not elsewhere specified (€24.4k or 24.4k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-47.4k(-61.8%)
IMPORT GROWTH (August 2023 - August 2024)€359(336%)

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 Vanuatu 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 2022, Spain exported $438k to Vanuatu. The main products exported from Spain to Vanuatu were Liquid Pumps ($156k), Special Pharmaceuticals ($106k), and Scented Mixtures ($61.6k). During the last 5 years the exports of Spain to Vanuatu have decreased at an annualized rate of 12%, from $830k in 2017 to $438k in 2022.

In 2017, Vanuatu exported $628k to Spain. The main products exported from Vanuatu to Spain were Perfume Plants ($519k), Low-voltage Protection Equipment ($108k), and Textile Footwear ($215). During the last 5 years the exports of Vanuatu to Spain have increased at an annualized rate of 7.13%, from $445k in 2022 to $628k in 2017.

Exports from Spain (Flag) to Vanuatu (Flag) (2022)

Exports from Vanuatu (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Vanuatu
Top DestinationThailand$86.1M

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

In 2022, countries that imported more from Spain than Vanuatu included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Vanuatu than Spain included Fiji ($6.36M).

Difference in imports from Vanuatu (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Vanuatu

Flow
Scale

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

During 2022, Spain had a large net trade with Vanuatu in the exports of Machines ($221k), Chemical Products ($212k), and Textiles ($2.61k).

During 2017, Vanuatu had a large net trade with Spain in the exports of Vegetable Products ($519k), Machines ($108k), and Textiles ($332).

Economic Complexity

Competitive Landscape

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

Product Space of Spain (Flag) and Vanuatu (Flag) (2022)

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