2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

India-Spain Trade: In 2023, India exported $6.31B to Spain. The main products that India exported to Spain were N/A. Over the past 5 years the exports of India to Spain have increased at an annualized rate of 5.52%, from $4.82B in 2018 to $6.31B in 2023.

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

Spain-India In N/A, Spain did not export any products to India.

In 2018, Spain exported services to India worth $0, with being the largest in terms of value.

Comparison In N/A,  India ranked N/A in total exports (N/A). That same year, Spain ranked N/A in total exports (N/A). Both countries does not have data related to Economic Complexity Index.

Historical Data

Market Competitiveness

Color
India
Top Destination
N/AN/A
Spain
Top Destination
N/AN/A

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

N/A

N/A

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Spain+$461MRefined Petroleum
Top Product Potential Spain India+$186MRefined Petroleum

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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Bilateral Service Trade

In 2018, Spain exported services to India worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to India (Flag) (N/A)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of India (Flag) and Spain (Flag) (NaN)

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