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

About

Pakistan-Spain Trade: In 2023, Pakistan exported $1.6B to Spain. The main products that Pakistan exported to Spain were House Linens ($235M), Non-Knit Men's Suits ($227M), and Non-Knit Women's Suits ($217M). Over the past 5 years the exports of Pakistan to Spain have increased at an annualized rate of 7.3%, from $1.13B in 2018 to $1.6B in 2023.

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

Spain-Pakistan Trade: In 2023, Spain exported $199M to Pakistan. The main products that Spain exported to Pakistan were Packaged Medicaments ($12M), Scrap Iron ($8.34M), and Raw Cotton ($7.31M). Over the past 5 years the exports of Spain to Pakistan have decreased at an annualized rate of 6.83%, from $284M in 2018 to $199M in 2023.

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

Comparison: In 2023, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Pakistan exported $1.6B to Spain. The main products exported from Pakistan to Spain were House Linens ($235M), Non-Knit Men's Suits ($227M), and Non-Knit Women's Suits ($217M). During the last 5 years the exports of Pakistan to Spain have increased at an annualized rate of 7.3%, from $1.13B in 2018 to $1.6B in 2023.

In 2018, Spain exported $199M to Pakistan. The main products exported from Spain to Pakistan were Packaged Medicaments ($12M), Scrap Iron ($8.34M), and Raw Cotton ($7.31M). During the last 5 years the exports of Spain to Pakistan have decreased at an annualized rate of 6.83%, from $284M in 2023 to $199M in 2018.

Exports from Pakistan () to Spain () (2023)

Exports from Spain () to Pakistan () (2023)

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$5.18B

Spain
Top DestinationFrance$61.9B

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 2023, countries that imported more from Pakistan than Spain included United Arab Emirates ($3.7B), Afghanistan ($969M), and Bangladesh ($690M).

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

Difference in imports from Spain () and Pakistan () (2023)

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 2023, Pakistan had a large net trade with Spain in the exports of Textiles ($1.31B), Foodstuffs ($105M), and Vegetable Products ($50.6M).

During 2018, Spain had a large net trade with Pakistan in the exports of Chemical Products ($56.9M), Machines ($37.6M), and Metals ($25.2M).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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.

About

Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Spain () (2023)

Exports from Spain () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Spain ()

Pakistan Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Pakistan () (2023)

Comparative Advantage Pakistan - Spain

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Spain () (2023)

Keep Exploring