Pakistan (PAK) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Pakistan-Spain Trade: In 2022, Pakistan exported $1.72B to Spain. The main products that Pakistan exported to Spain were House Linens ($270M), Non-Knit Men's Suits ($230M), and Non-Knit Women's Suits ($228M). Over the past 5 years the exports of Pakistan to Spain have increased at an annualized rate of 10.8%, from $1.03B in 2017 to $1.72B in 2022.

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

Spain-Pakistan Trade: In 2022, Spain exported $312M to Pakistan. The main products that Spain exported to Pakistan were Weapons Parts and Accessories ($19.3M), Raw Cotton ($14.7M), and Scrap Copper ($13.9M). Over the past 5 years the exports of Spain to Pakistan have increased at an annualized rate of 1.72%, from $287M in 2017 to $312M in 2022.

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

Comparison: In 2022, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Pakistan exported $1.72B to Spain. The main products exported from Pakistan to Spain were House Linens ($270M), Non-Knit Men's Suits ($230M), and Non-Knit Women's Suits ($228M). During the last 5 years the exports of Pakistan to Spain have increased at an annualized rate of 10.8%, from $1.03B in 2017 to $1.72B in 2022.

In 2017, Spain exported $312M to Pakistan. The main products exported from Spain to Pakistan were Weapons Parts and Accessories ($19.3M), Raw Cotton ($14.7M), and Scrap Copper ($13.9M). During the last 5 years the exports of Spain to Pakistan have increased at an annualized rate of 1.72%, from $287M in 2022 to $312M in 2017.

Exports from Pakistan () to Spain () (2022)

Exports from Spain () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Spain ()

Pakistan Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$6.47B

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Pakistan than Spain included Afghanistan ($975M), Bangladesh ($839M), and United Arab Emirates ($2.58B).

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

Difference in imports from Spain () and Pakistan () (2022)

Comparative Advantage Pakistan - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Pakistan had a large net trade with Spain in the exports of Textiles ($1.43B), Foodstuffs ($91.7M), and Miscellaneous ($49.7M).

During 2017, Spain had a large net trade with Pakistan in the exports of Chemical Products ($76.2M), Machines ($55M), and Metals ($45.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Spain+$63MNon-Knit Women's Suits

Top Product Potential Spain Pakistan+$15.7MPackaged Medicaments

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Spain () (2022)

Exports from Spain () to Pakistan () (2022)

Latest Data

Trade between Pakistan () and Spain ()

Pakistan Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Pakistan () (2022)

Comparative Advantage Pakistan - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Spain () (2022)

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