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Pricing

2022
Flag → Flag
Exports $2.75BRnk 24 / 218
2022
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Top Product $247MSpark-Ignition Engines
2022
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Exports $2.47BRnk 18 / 215
2022
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Top Product $943MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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Economic Complexity (ECI) ECI 0.85Rnk 31 / 124
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Spain-Canada In 2022, Spain exported $2.75B to Canada. The main products that Spain exported to Canada are Spark-Ignition Engines ($247M), Packaged Medicaments ($239M), and Petroleum Jelly ($145M). During the last 27 years the exports of Spain to Canada have increased at an annualized rate of 6.42%, from $512M in 1995 to $2.75B in 2022.

In 2018, Spain exported services to Canada worth $0, with being the largest in terms of value.

Canada-Spain In 2022, Canada exported $2.47B to Spain. The main products that Canada exported to Spain were Crude Petroleum ($943M), Iron Ore ($305M), and Packaged Medicaments ($188M). During the last 27 years the exports of Canada to Spain have increased at an annualized rate of 5.78%, from $543M in 1995 to $2.47B in 2022.

In 2020, Canada exported services to Spain worth $145M, with Travel ($46.2M), Computer and information services ($37.3M), and Transportation ($29.8M) being the largest in terms of value.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B).

Latest Trends

January, 2024

About

Overview In January 2024, Spain exported €156M and imported €201M from Canada, resulting in a negative trade balance of €44.6M. Between January 2023 and January 2024 the exports of Spain have increased by €7.95M (5.37%) from €148M to €156M, while imports increased by €100M (99.8%) from €100M to €201M.

Trade In January 2024, the top exports of Spain to Canada were Spark-Ignition Engines (€17.7M), Petroleum Coke (€11.7M), Packaged Medicaments (€10.2M), Citrus (€9.25M), and Refined Petroleum (€8.46M). In January 2024 the top imports of Spain from Canada were Iron Ore (€23.1M), Packaged Medicaments (€13.5M), Wheat (€8.81M), Gas Turbines (€7.33M), and Dried Legumes (€4.97M).

Origins In January 2024 the exports of Spain were mainly from Valencia (€38.1M), Barcelona (€29.3M), Madrid (€20.2M), Almería (€5.77M), and Zaragoza (€5.49M), while imports destinations were mainly Murcia (€46.5M), Tarragona (€38.5M), Madrid (€32.3M), Asturias (€23.4M), and Barcelona (€13.2M).

Growth In January 2024, the increase in Spain's year-by-year exports to Canada was explained primarily by an increase in product exports in Petroleum Coke (€2.41M or 25.9%), Citrus (€2.01M or 27.8%), and Perfumes (€1.54M or 429%). In January 2024, the increase in Spain's year-by-year imports  from Canada was explained primarily by an increase in product imports  in Iron Ore (€4.49M or 24.1%), Dried Legumes (€3.34M or 205%), and Gas Turbines (€2.76M or 60.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€7.95M(5.37%)
IMPORT GROWTH (January 2023 - January 2024)€100M(99.8%)
MAIN EXPORTER (January 2024)Valencia€38.1M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Canada and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.75B to Canada. The main products exported from Spain to Canada were Spark-Ignition Engines ($247M), Packaged Medicaments ($239M), and Petroleum Jelly ($145M). During the last 27 years the exports of Spain to Canada have increased at an annualized rate of 6.42%, from $512M in 1995 to $2.75B in 2022.

In 2022, Canada exported $2.47B to Spain. The main products exported from Canada to Spain were Crude Petroleum ($943M), Iron Ore ($305M), and Packaged Medicaments ($188M). During the last 27 years the exports of Canada to Spain have increased at an annualized rate of 5.78%, from $543M in 1995 to $2.47B in 2022.

Exports from Spain (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Canada
Top DestinationUnited States$438B

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

In 2021, countries that imported more from Spain than Canada were France ($65.2B), Portugal ($34.9B), and Germany ($39.2B).

In 2021, countries that imported more from Canada than Spain were United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Canada

Flow
Scale

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

During 2022, Spain had a large net trade with Canada in the exports of Machines ($549M), Chemical Products ($411M), and Mineral Products ($399M).

During 2022, Canada had a large net trade with Spain in the exports of Mineral Products ($1.31B), Vegetable Products ($321M), and Chemical Products ($269M).

Service Trade

Bilateral Service Trade

In 2018, Spain exported services to Canada worth $0, with being the largest in terms of value.

In 2020, Canada exported services to Spain worth $145M, with Travel ($46.2M), Computer and information services ($37.3M), and Transportation ($29.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain (Flag) to Canada (Flag) (2018)

Services Exports from Canada (Flag) to Spain (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Spain.

Product Space of Spain (Flag) and Canada (Flag) (2022)

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