Spain

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ES · ESP · BACI 724 · latest data 2024

Exports

$394.7B USD, nominal · 2024

= $394,729 M23.7% over 5 yrs (up)

Imports

$440.4B USD, nominal · 2024

= $440,369 M21.0% over 5 yrs (up)

Trade balancedeficit

−$45.6B USD, nominal · 2024

= −$45,641 M

Total trade

$835.1B USD, nominal · 2024

= $835,098 M22.2% over 5 yrs (up)

World position: #16 of 225 exporters · top 10% · #15 of 225 importers · top 10% · 2024
World export share since 1995: −0.1 pp

Trade timeline

Spain's exports grew from $91.9B in 1995 to $394.7B in 2024; the 2024 balance was −$45.6B.

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Exports, imports, trade balance and total trade of Spain per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$91,872 M	$115,794 M	−$23,922 M	$207,666 M
1996	$101,088 M	$125,720 M	−$24,632 M	$226,807 M
1997	$104,202 M	$127,240 M	−$23,038 M	$231,442 M
1998	$111,115 M	$139,721 M	−$28,606 M	$250,837 M
1999	$112,205 M	$152,297 M	−$40,092 M	$264,502 M
2000	$114,604 M	$159,976 M	−$45,373 M	$274,580 M
2001	$115,124 M	$160,230 M	−$45,106 M	$275,353 M
2002	$126,496 M	$170,504 M	−$44,007 M	$297,000 M
2003	$153,525 M	$216,741 M	−$63,216 M	$370,266 M
2004	$180,134 M	$260,920 M	−$80,786 M	$441,055 M
2005	$195,285 M	$296,052 M	−$100,767 M	$491,337 M
2006	$218,374 M	$336,955 M	−$118,581 M	$555,329 M
2007	$252,942 M	$387,998 M	−$135,056 M	$640,941 M
2008	$277,956 M	$415,204 M	−$137,248 M	$693,159 M
2009	$220,907 M	$291,033 M	−$70,127 M	$511,940 M
2010	$244,112 M	$315,575 M	−$71,463 M	$559,687 M
2011	$286,745 M	$359,982 M	−$73,237 M	$646,728 M
2012	$279,612 M	$335,232 M	−$55,620 M	$614,844 M
2013	$298,288 M	$336,064 M	−$37,776 M	$634,353 M
2014	$304,263 M	$354,244 M	−$49,982 M	$658,507 M
2015	$272,647 M	$310,539 M	−$37,892 M	$583,186 M
2016	$277,802 M	$312,175 M	−$34,373 M	$589,978 M
2017	$306,012 M	$347,060 M	−$41,048 M	$653,072 M
2018	$328,969 M	$379,702 M	−$50,732 M	$708,671 M
2019	$319,179 M	$364,066 M	−$44,888 M	$683,245 M
2020	$301,317 M	$316,532 M	−$15,215 M	$617,850 M
2021	$365,171 M	$401,712 M	−$36,541 M	$766,883 M
2022	$393,260 M	$477,270 M	−$84,010 M	$870,530 M
2023	$402,406 M	$449,573 M	−$47,168 M	$851,979 M
2024	$394,729 M	$440,369 M	−$45,641 M	$835,098 M

30 rows

World share & rank

World export share moved from 1.8% in 1995 to 1.7% in 2024; export rank #13 → #16.

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World export and import share in percent, and world ranks, of Spain per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	1.81%	2.29%	#13	#14
1996	1.88%	2.34%	#13	#14
1997	1.86%	2.27%	#13	#14
1998	2.00%	2.52%	#13	#11
1999	1.95%	2.65%	#13	#11
2000	1.76%	2.46%	#14	#13
2001	1.82%	2.54%	#13	#13
2002	1.91%	2.58%	#13	#12
2003	2.00%	2.83%	#13	#12
2004	1.95%	2.82%	#14	#12
2005	1.86%	2.82%	#14	#12
2006	1.81%	2.79%	#14	#12
2007	1.81%	2.77%	#14	#11
2008	1.72%	2.57%	#15	#12
2009	1.77%	2.34%	#14	#13
2010	1.62%	2.10%	#17	#13
2011	1.60%	2.01%	#18	#13
2012	1.55%	1.86%	#18	#16
2013	1.64%	1.84%	#17	#16
2014	1.66%	1.93%	#16	#15
2015	1.70%	1.94%	#16	#15
2016	1.77%	1.99%	#15	#14
2017	1.74%	1.98%	#15	#14
2018	1.72%	1.99%	#15	#14
2019	1.72%	1.97%	#16	#14
2020	1.76%	1.85%	#16	#15
2021	1.71%	1.88%	#18	#15
2022	1.63%	1.98%	#20	#14
2023	1.78%	1.99%	#15	#14
2024	1.73%	1.93%	#16	#15

30 rows

Trading partners

France was Spain's top trading partner in 2024, at 11.2% of total trade; the top five partners covered 42.7%.

Year

Top partner share: 11.2%
Top-5 share: 42.7%
Partners: 225
Partner HHI (0–1): 0.051

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France $53.6B

Germany $39.5B

Portugal $37.1B

Italy $34.3B

United Kingdom $26.3B

United States $21.2B

Morocco $15.9B

Netherlands $11.6B

Belgium $10.1B

Türkiye $9.5B

Poland $8.8B

China $8.4B

Switzerland $8.1B

Mexico $6.1B

Brazil $4.2B

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Top partners of Spain in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	France	$53,641 M	$40,151 M	$93,792 M	$13,490 M
#2	Germany	$39,455 M	$49,958 M	$89,413 M	−$10,503 M
#3	Italy	$34,335 M	$30,152 M	$64,487 M	$4,183 M
#4	Portugal	$37,075 M	$17,704 M	$54,779 M	$19,371 M
#5	China	$8,388 M	$46,099 M	$54,488 M	−$37,711 M
#6	United States	$21,153 M	$28,761 M	$49,914 M	−$7,608 M
#7	United Kingdom	$26,310 M	$10,565 M	$36,875 M	$15,746 M
#8	Netherlands	$11,609 M	$20,153 M	$31,763 M	−$8,544 M
#9	Morocco	$15,928 M	$11,479 M	$27,407 M	$4,449 M
#10	Belgium	$10,085 M	$10,427 M	$20,512 M	−$341 M
#11	Türkiye	$9,467 M	$10,165 M	$19,632 M	−$698 M
#12	Poland	$8,816 M	$8,885 M	$17,701 M	−$70 M
#13	Brazil	$4,171 M	$9,648 M	$13,818 M	−$5,477 M
#14	Switzerland	$8,056 M	$5,244 M	$13,300 M	$2,813 M
#15	Mexico	$6,119 M	$6,385 M	$12,504 M	−$266 M

15 rows

Products & sectors

Product composition of Spain's trade in 2024.

Year

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Concentration & risk

Spain's export partners diversified over 1995–2024 — HHI 0.088 → 0.059, a diversified export base across 221 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Spain per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.088	0.079	195	193
1996	0.085	0.080	195	193
1997	0.078	0.079	199	195
1998	0.082	0.084	196	196
1999	0.082	0.083	200	197
2000	0.079	0.077	206	203
2001	0.079	0.077	209	211
2002	0.080	0.078	210	214
2003	0.079	0.076	212	209
2004	0.078	0.073	214	211
2005	0.075	0.065	212	213
2006	0.073	0.059	215	213
2007	0.072	0.061	214	215
2008	0.070	0.055	217	212
2009	0.069	0.056	213	213
2010	0.067	0.049	217	216
2011	0.062	0.048	216	222
2012	0.057	0.046	216	218
2013	0.056	0.048	220	220
2014	0.056	0.050	220	220
2015	0.056	0.054	217	222
2016	0.057	0.055	222	220
2017	0.056	0.053	220	222
2018	0.057	0.051	218	220
2019	0.058	0.052	220	221
2020	0.062	0.055	218	221
2021	0.061	0.050	222	222
2022	0.063	0.048	218	224
2023	0.063	0.051	220	225
2024	0.059	0.051	221	225

30 rows

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