2023
Flag  
GDP
$35.2BCURRENT US$
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2013-2023
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GDP GROWTH
84.5%CURRENT US$
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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 PC 
$2,156CURRENT US$
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2013-2023
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GDP PC GROWTH
58.3%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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About

Zimbabwe-Spain Trade: In 2023, Zimbabwe exported $26.9M to Spain. The main products that Zimbabwe exported to Spain were Ferroalloys ($10.1M), Citrus ($8.23M), and Granite ($3.53M). Over the past 5 years the exports of Zimbabwe to Spain have increased at an annualized rate of 15.7%, from $13M in 2018 to $26.9M in 2023.

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

Spain-Zimbabwe Trade: In 2023, Spain exported $9.12M to Zimbabwe. The main products that Spain exported to Zimbabwe were Other live plants, cuttings and slips; mushroom spawn ($1.51M), Industrial Printers ($1.41M), and Liquid Dispersing Machines ($924k). Over the past 5 years the exports of Spain to Zimbabwe have decreased at an annualized rate of 6.06%,  from $15M in 2018 to $9.12M in 2023.

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

Comparison: In 2023,  Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B). 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
Value

In 2023, Zimbabwe exported $26.9M to Spain. The main products exported from Zimbabwe to Spain were Ferroalloys ($10.1M), Citrus ($8.23M), and Granite ($3.53M). During the last 5 years the exports of Zimbabwe to Spain have increased at an annualized rate of 15.7%, from $13M in 2018 to $26.9M in 2023.

In 2018, Spain exported $9.12M to Zimbabwe. The main products exported from Spain to Zimbabwe were Other live plants, cuttings and slips; mushroom spawn ($1.51M), Industrial Printers ($1.41M), and Liquid Dispersing Machines ($924k). During the last 5 years the exports of Spain to Zimbabwe have decreased at an annualized rate of 6.06%, from $15M in 2023 to $9.12M in 2018.

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

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

Latest Data

Trade between Zimbabwe (Flag) and Spain (Flag)

Zimbabwe Exports

Spain Exports

Market Competitiveness

Color
Zimbabwe
Top Destination
United Arab Emirates$4.1B
Spain
Top Destination
France$61.9B

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

In 2023, countries that imported more from Zimbabwe than Spain included United Arab Emirates ($4.1B), Mozambique ($391M), and Zambia ($140M).

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

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

Comparative Advantage Zimbabwe - Spain

Flow
Scale

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

During 2023, Zimbabwe had a large net trade with Spain in the exports of Metals ($10.9M), Vegetable Products ($10.8M), and Mineral Products ($4.32M).

During 2018, Spain had a large net trade with Zimbabwe in the exports of Machines ($5.19M), Vegetable Products ($1.51M), and Chemical Products ($843k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zimbabwe Spain+$5.02MFerroalloys
Top Product Potential Spain Zimbabwe+$596kExcavation Machinery

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

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

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

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