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Spain Trade Summary

2020

Spain exports, imports, tariff by year.
Spain monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR SPAIN 2020

Overall Exports and Imports for Spain 2020

Exports and imports of Spain in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 312,081 million.
  • The total value of imports (CIF) was 329,739 million.
  • At the HS6 digit level, 4,481 products were exported to 225 countries and 4,529 products were imported from 233 countries.

Spain top 5 Export and Import partners 2020

Top five countries to which Spain exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Spain exports to France worth US$ 48,195 million, with a partner share of 15.44 percent.
  2. Spain exports to Germany worth US$ 33,805 million, with a partner share of 10.83 percent.
  3. Spain exports to Italy worth US$ 23,406 million, with a partner share of 7.50 percent.
  4. Spain exports to Portugal worth US$ 22,627 million, with a partner share of 7.25 percent.
  5. Spain exports to United Kingdom worth US$ 18,748 million, with a partner share of 6.01 percent.

Top five countries from which Spain imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Spain imports from Germany worth US$ 39,010 million, with a partner share of 11.83 percent.
  2. Spain imports from China worth US$ 33,510 million, with a partner share of 10.16 percent.
  3. Spain imports from France worth US$ 32,584 million, with a partner share of 9.88 percent.
  4. Spain imports from Italy worth US$ 20,338 million, with a partner share of 6.17 percent.
  5. Spain imports from Unspecified worth US$ 19,598 million, with a partner share of 5.94 percent.

Spain Top 5 Productsexports imports at HS 6 digit level 2020

The top five exported HS 6 digit level products to world by Spain along with trade value are:

  1. Spain exported Automobiles with reciprocating piston engine di , worth US$ 9,710,232.22 million.
  2. Spain exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 9,648,095.41 million.
  3. Spain exported Other medicaments of mixed or unmixed products, , worth US$ 8,740,140.62 million.
  4. Spain exported Automobiles with diesel engine displacing more , worth US$ 6,425,520.90 million.
  5. Spain exported Automobiles with reciprocating piston engine di , worth US$ 5,326,044.63 million.

The top five imported HS 6 digit level products from world by Spain along with trade value are

  1. Spain imported Petroleum oils and oils obtained from bituminou , worth US$ 18,214,889.22 million.
  2. Spain imported Other medicaments of mixed or unmixed products, , worth US$ 9,400,375.20 million.
  3. Spain imported Motor vehicle parts nes , worth US$ 7,366,163.79 million.
  4. Spain imported Transmission apparatus, for radioteleph incorpo , worth US$ 5,683,944.22 million.
  5. Spain imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 4,763,337.33 million.

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Spain in 2020 are below

  • The maximum rate of tariff in percentage on any product was 74.90 percent.
  • The simple average tariff across all products was 1.94 percent.
  • The trade weighted average tariff was 1.72 .
  • The total duty free imports in thousands of US dollars were 90,227,942.85 and duty free tariff line items share was 60.72 percent.

Development Indicators 2020

Key Development Indicators of Spain in 2020 are below

  • Spain GDP in current US dollar was 1,276,963 million.
  • GNI per capita, Atlas method (current US$) was 27,130.00 .
  • Spain Trade balance: as % of GDP was 1.46.
  • Trade balance in current US$ was 18,602.00 million.
  • Trade as percentage of GDP was 60.14 .
  • Trade in services as percentage of GDP was 11.89 .

Trade Indicators 2020

Trade Indicators for Spain in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 30.30.
  • World Growth in percentage was -3.75 and Spain Country Growth was -2.08 .