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Pricing

2022
Flag → Flag
Exports $11.9BRnk 8 / 224
2022
Flag → Flag
Top Product $930MGas Turbines
2022
Flag → Flag
Exports $22.6BRnk 5 / 218
2022
Flag → Flag
Top Product $3.44BCars
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI 0.8Rnk 33 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
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 PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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

About

United Kingdom-Spain In 2022, United Kingdom exported $11.9B to Spain. The main products that United Kingdom exported to Spain are Gas Turbines ($930M), Cars ($884M), and Precious Metal Scraps ($678M). During the last 27 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.94%, from $9.23B in 1995 to $11.9B in 2022.

In 2019, United Kingdom exported services to Spain worth $10.9B, with Transportation ($3.93B), Other business services ($2.27B), and Travel ($2.11B) being the largest in terms of value.

Spain-United Kingdom In 2022, Spain exported $22.6B to United Kingdom. The main products that Spain exported to United Kingdom were Cars ($3.44B), Gold ($1.4B), and Delivery Trucks ($732M). During the last 27 years the exports of Spain to United Kingdom have increased at an annualized rate of 4.33%, from $7.18B in 1995 to $22.6B in 2022.

In 2020, Spain exported services to United Kingdom worth $2.9B, with Travel ($2.9B) being the largest in terms of value.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.8), and 20 in total exports ($394B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £724M and imported £1.6B from Spain, resulting in a negative trade balance of £877M. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-21.3M (-2.86%) from £746M to £724M, while imports increased by £230M (16.8%) from £1.37B to £1.6B.

Trade In January 2024, the top exports of United Kingdom to Spain were Gold (£51.2M), Commodities not elsewhere specified (£50.4M), Gas Turbines (£47M), Cars (£46.3M), and Precious Metal Scraps (£44.4M). In January 2024 the top imports of United Kingdom from Spain were Cars (£140M), Gold (£103M), Gas Turbines (£54.7M), Delivery Trucks (£54M), and Other Vegetables (£52.9M).

Origins In January 2024 the exports of United Kingdom were mainly from Dover Eurotunnel (£284M), Portsmouth (£97.9M), London Heathrow Airport (£44.9M), Lerwick (£32.4M), and Dover (£25.6M), while imports destinations were mainly Eurotunnel (£272M), Dover (£224M), London Heathrow Airport (£163M), London (£145M), and Portsmouth (£125M).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Spain was explained primarily by an decrease in product exports in Cars (£-14M or -23.2%), Refined Petroleum (£-10.1M or -85.6%), and Combustion Engines (£-6.54M or -47%). In January 2024, the increase in United Kingdom's year-by-year imports  from Spain was explained primarily by an increase in product imports  in Planes, Helicopters, and/or Spacecraft (£24.5M or 1.45k%), Gas Turbines (£23.4M or 74.9%), and Refined Petroleum (£7.19M or 400%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-21.3M(-2.86%)
IMPORT GROWTH (January 2023 - January 2024)£230M(16.8%)
MAIN EXPORTER (January 2024)Dover Eurotunnel£284M

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

To check Spain and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Spain and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $11.9B to Spain. The main products exported from United Kingdom to Spain were Gas Turbines ($930M), Cars ($884M), and Precious Metal Scraps ($678M). During the last 27 years the exports of United Kingdom to Spain have increased at an annualized rate of 0.94%, from $9.23B in 1995 to $11.9B in 2022.

In 2022, Spain exported $22.6B to United Kingdom. The main products exported from Spain to United Kingdom were Cars ($3.44B), Gold ($1.4B), and Delivery Trucks ($732M). During the last 27 years the exports of Spain to United Kingdom have increased at an annualized rate of 4.33%, from $7.18B in 1995 to $22.6B in 2022.

Exports from United Kingdom (Flag) to Spain (Flag) (2022)

Exports from Spain (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Spain
Top DestinationFrance$65.2B

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

In 2021, countries that imported more from United Kingdom than Spain were United States ($61.8B), Ireland ($32.6B), and Netherlands ($41.9B).

In 2021, countries that imported more from Spain than United Kingdom were France ($65.2B), Portugal ($34.9B), and Italy ($32.1B).

Difference in imports from Spain (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Spain

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Spain in the exports of Machines ($2.49B), Chemical Products ($1.83B), and Transportation ($1.74B).

During 2022, Spain had a large net trade with United Kingdom in the exports of Transportation ($5.58B), Machines ($2.53B), and Vegetable Products ($2.41B).

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Spain worth $10.9B, with Transportation ($3.93B), Other business services ($2.27B), and Travel ($2.11B) being the largest in terms of value.

In 2020, Spain exported services to United Kingdom worth $2.9B, with Travel ($2.9B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Spain (Flag) (2019)

Services Exports from Spain (Flag) to United Kingdom (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 United Kingdom has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Spain (Flag) (2022)

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