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Spain Trade Summary

2021

Spain exports, imports, tariff by year.

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 2021

Overall Exports and Imports for Spain 2021

Exports and imports of Spain in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 391,559 million.
  • The total value of imports (CIF) was 426,060 million.
  • At the HS6 digit level, 4,497 products were exported to 231 countries and 4,534 products were imported from 232 countries.

Spain top 5 Export and Import partners 2021

Top five countries to which Spain exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Spain exports to France worth US$ 59,692 million, with a partner share of 15.24 percent.
  2. Spain exports to Germany worth US$ 38,320 million, with a partner share of 9.79 percent.
  3. Spain exports to Italy worth US$ 31,422 million, with a partner share of 8.02 percent.
  4. Spain exports to Portugal worth US$ 29,416 million, with a partner share of 7.51 percent.
  5. Spain exports to United Kingdom worth US$ 21,704 million, with a partner share of 5.54 percent.

Top five countries from which Spain imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Spain imports from Germany worth US$ 45,268 million, with a partner share of 10.62 percent.
  2. Spain imports from China worth US$ 41,200 million, with a partner share of 9.67 percent.
  3. Spain imports from France worth US$ 40,391 million, with a partner share of 9.48 percent.
  4. Spain imports from Italy worth US$ 26,752 million, with a partner share of 6.28 percent.
  5. Spain imports from Unspecified worth US$ 25,277 million, with a partner share of 5.93 percent.

Spain Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. Spain exported Petroleum oils, etc, (excl. crude); preparation , worth 15,675,635.90 (US$ Thousands).
  2. Spain exported Other medicaments of mixed or unmixed products, , worth 9,441,035.12 (US$ Thousands).
  3. Spain exported Automobiles with reciprocating piston engine di , worth 8,769,252.35 (US$ Thousands).
  4. Spain exported Automobiles nes including gas turbine powered , worth 7,959,188.20 (US$ Thousands).
  5. Spain exported Automobiles with reciprocating piston engine di , worth 6,132,338.04 (US$ Thousands).

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 29,581,126.15 (US$ Thousands).
  2. Spain imported Other medicaments of mixed or unmixed products, , worth 10,520,151.16 (US$ Thousands).
  3. Spain imported Petroleum oils, etc, (excl. crude); preparation , worth 8,949,777.77 (US$ Thousands).
  4. Spain imported Motor vehicle parts nes , worth 8,496,211.90 (US$ Thousands).
  5. Spain imported Natural gas, liquefied , worth 8,300,355.24 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Spain in 2021 are below

  • The maximum rate of tariff in percentage on any product was 209.19 percent.
  • The simple average tariff across all products was 2.26 percent.
  • The trade weighted average tariff was 1.65 .
  • The total duty free imports in thousands of US dollars were 140,408,724.49 and duty free tariff line items share was 62.07 percent.

Development Indicators 2021

Key Development Indicators of Spain in 2021 are below

  • Spain GDP in current US dollar was 1,427,381 million.
  • GNI per capita, Atlas method (current US$) was 29,690.00 .
  • Spain Trade balance: as % of GDP was 1.49.
  • Trade balance in current US$ was 21,199.00 million.
  • Trade as percentage of GDP was 68.38 .
  • Trade in services as percentage of GDP was 13.54 .

Trade Indicators 2021

Trade Indicators for Spain in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 30.63.
  • World Growth in percentage was 12.59 and Spain Country Growth was 11.03 .